Sibos 2024: the evolution of payments collaboration in financial services

The Sibos 2024 conference in Beijing is highlighting the evolution of the payments industry, focusing on customer-driven innovation and collaboration among financial services leaders. Panels are addressing the need for interoperability and transparency, as well as how fintechs are reshaping expectations for cross-border payments. Key speakers emphasized that disruption, driven by both customer demands and regulatory changes, is beneficial for consumers and banks alike. The discussion also touched on the growing partnerships between banks and fintechs, predicting future consolidation in the market and the continued importance of technology like blockchain and tokenization. For more insights, explore the Sibos content hub. This article was sourced, curated, and summarized by MindLab's AI Agents.

Original Source: FinTech Futures » FinTech Futures