Press Releases
Money20/20 Successfully Re-Unites Global Fintech Community
Money20/20 today reports that more than 8,000 attendees, from over 2,500 companies participated at Money20/20 USA at The Venetian Resort, Las Vegas in late October. The event was a showcase for the fastest growing and most innovative fintech companies.
This follows the hugely successful Money 20/20 Europe, held in Amsterdam in September, which hosted more than 4,000 attendees from 1,500 companies. Combined with positive attendee feedback these results yet again prove that Money 20/20 is the fintech industry’s premier event.
“It is fantastic to celebrate the successful return of Money20/20, the industry’s leading fintech event, with Money 20/20 USA being one of the largest convened anywhere for nearly two years. With a quarter of all attendees being C-Suite and above and more than 14,000 meetings booked via the app across the two events, Money20/20 has proved once again to be the place where decision makers meet, new partnerships are forged and business gets done”, said Money20/20 President Tracey Davies.
At the center of the ecosystem, attendees also came to Money20/20 to hear from best in class speakers covering crucial topics shaping the future of the industry. At Money 20/20 USA more than 300 speakers, carefully selected from nearly 1,000 submissions, engaged in 4 days of conversations that will have a direct impact on the industry moving forward. Key themes this year ranged from infrastructure, the intersection of payments through things like crypto and BNPL, and financial inclusion, in particular the provision of financial products and services for underserved, minority communities.
The Money20/20 RiseUp Programme and Stage, in partnership with Trustly, highlighted the challenges and the opportunities that diversity brings. Money20/20 has long advocated that women and people of colour should have a louder voice and more seats at the table in financial services. The RiseUp Programme helps amplify those voices, opens doors and collaborates with our community to empower real change. In support of these values, nearly 40% of Money20/20 USA speakers were women and 29% were speakers of colour.
Amongst the many brilliant speakers that took to the stage at Money20/20 USA were:
- Earvin “Magic” Johnson, Chairman & CEO, Magic Johnson Enterprises
- Stephanie Cohen, Global Co-Head of Consumer & Wealth Management, Goldman Sachs
- Raja Rajamannar, Chief Marketing Officer, Mastercard
- Jelena McWilliams Chairman of the Federal Deposit Insurance Corporation
- Umar Farooq, CEO, Onyx by J.P. Morgan
- Eric Sager, COO, Plaid
- Tim Sheehan, CEO & Co-Founder, Greenlight
- Ryan Glover, Chairman/Co-Founder & Michael Render aka Killer Mike, Investor/Owner, Greenwood
- Nikil Viswanathan, Co-Founder & CEO, Alchemy
- Jason Gardner, CEO Marqeta
- Noah Kerner, CEO, Acorns
- Umesh Sripad, Chief Digital Officer, IKEA
- Lior Ron, Co-founder and CEO, Uber Freight
- Daymond John, Founder/CEO of FUBU, Presidential Ambassador for Global
- Entrepreneurship, Star of ABC’s Shark Tank and CEO of The Shark Group
- Vanessa Vreeland, Head of Truist Ventures, Truist
- Alissa Knight, Partner, Knight Ink
- Alexis Ohanian, Co-Founder, Former Executive Chairman / Venture Capitalist, Reddit / Founder of Seven Seven Six
- Alex Honnold, World Record Rock Climber, Star of the Academy-Award Winning Documentary, Free Solo
- Danica Patrick, Entrepreneur, Podcast Host, Author, Former Professional Driver
- Garret McNamara, Extreme Waterman, World Record for Riding the Biggest Wave, Star of the HBO Documentary, 100 Foot Wave There were also more than 150 media and industry analysts at the event to report on the many significant industry announcements, including:
- Mastercard’s partnership with Bakkt, that will see them offer a range of crypto services to any of the thousands of banks and millions of merchants on its payments network.
- Wise, the cross-border payments provider with around 11 million customers, including 300,000 small businesses, confirmed that acquisitions were not on their agenda, despite their recent listing that valued the company at $11billion.
- Nium, the embedded finance company, announced the extension of its range of Banking-as-a-Service products to include cryptocurrency buying.
- Socure, the digital identity verification and fraud solutions provider, announced the launch of Socure Sigma Identity Fraud, which will enable enterprises and government agencies to dramatically increase auto-approval rates and reduce fraud losses, false positives, friction, and costs associated with manual reviews.
- Alchemy’s announcement that they had closed a $250 million funding round, that values the business at $3.5 billion, making it one of the largest and fastest growing crypto unicorns.
- Grow Credit launched three new Credit Builder Plans that help U.S consumers establish and build credit by leveraging their monthly subscription payments.
- Valley Bank announced MRB payment product
EDITORS NOTES
Acies AI; ACI Worldwide; Accion; Acorns; Acrew Capital; ADP; AiCurio; AID:TECH; Alchemy; Alliance Data; Alliance For Innovative Regulation; Alloy; Amazon; Amazon Web Services; AMZ; Ant Group; Anthem; Arkose Labs; Aspiration; Association For Digital Asset Markets; Atomic; Authid.ai; Avant; Avanti Bank; Bain Capital Ventures; BBVA; BECU; BillGO; BitGo; Blockchain Association; BlockFi; Blockforce Capital; Bloom Credit; Bluesnap; Bluestem Brands; BNP Paribas; Bodybuilding.com; BOKU; Bottomline Technologies; Branch; California Bank of Commerce; CAPCO.COM; CapitalG; Cardless; Catch; Checkalt; Cion Digital; Circle; Citi; Citizens Bank; Clearsale; Cleo Capital; Coastpay.com; Coinbase; Commerce Ventures; Commonstock; Community Bank of the Bay; CompoSecure; Conference of State Bank Supervisors; Consenys; Copper.co; Corechain Technologies; Cowboy Ventures; Credit Sesame; Credit Suisse; Crush Industries; Current; Dave; Daylight; Dbilia; Dealmaker; Deciens; Digipli; Discover Financial Services; Dreamspring; Emerge; EM.ME; ethyca; Equifax; Evoshare; Extractable; Fairplay; FalconX; Featurespace; Federal Deposit Insurance Corp; Federal Reserve System; Feedzai; Finavator Inc; FinRegLab; Fintech Americas; Fin VC; Fireblocks; First DAG; First Boulevard; FIS; Fifth Third Bank; Floatme.io; Flutterwave; Flywire; Forter; F-Prime Capital; Forty Grand; Frog; Galileo; Gartner; Gig Wage; Glo; Global iD; Goldman Sachs; Google; Google Cloud; Gr4vy; Green Dot Bank; Greenlight; Greenwood, Grow Credit Inc; Guava; Honeybee; Honeycomb Credit; Hummingbird; Hyperscience; IBM; IBM Cloud; ibex.co; Ikea Retail US; Ikigai Asset Management; Instamed; instnt; Jifiti; J.P. Morgan; Kabbage; Kaufmanrossin.com; Key Bridge Advisors; Kiddie Kredit; Klana; Klaros Group; Klickly; Knight Ink; Kount; Kyndryl; Lendio; Levro; Levvel; LexiNexis Risk Solutions; Liberty Lending LLC; Locality Bank IO; Magic Johnson Enterprises; Mantl; Marqeta; Mastercard; Mayer Brown LLP; Melio; McKinsey & Company; Merchant’s Pack; Messari; Metal; Midwest BankCentre; MMH Technology Group; MobileCoin; Modusbox; MoneyLion; Moov; Mo Technologies; Motorefi; MX; My Money My Future; Nav.it; Nexo; Nium; Nivelo; Nova Credit; Numerated; NYCA; NYDIG; NYMBUS; Ocrolus; Office of the Comptroller of the Currency; Opportunity Finance Network; Oportun; Orum; Paceline; Pave.dev; Pagaya; Park Place Payments; Partnership Fund For New York City; Patomak Global Partners; Paybby.com; PayPal; Paysafe; Peachy Pay; Performline; Plaid; Pillar Financial; Pilot.com; Pinwheel; PNC Bank; pokerpower.com; Polsinelli; Polygon; Propel.vc; Prove; Provident Mexico; Public.com; Quointec; Quontic Bank; Railsbank; Ramp; Rappi; Realpage; Redpoint Ventures; Rosenblatt Securities; Seashell; Selfbook; Sentilink Corp; Serrala; Sezzle; Seven Seven Six; Shopify; Sift; Silicon Valley Bank; Sitecore; Skadden; SmartGift; Snapcheck; Snap Finance; Socure; Spring Labs; StableCorp Inc; Stanford University; Stellar Development Foundation; Sunrise Banks; Synctera; Talkdesk; Taulia; The Clearing House; The Lieberman Group; Themis; Theory+Practice; TiFiPay; Titan Global Capital Management; Tomocredit; TouchBistro; Transactions Insights; Transunion; TripActions; TripleBlind; TrueAccord; Truist; Trulioo; Trustly; Twilio; Uber; Uber Freight; Unit21; unitQ; Upwork; urjanet; U.S. Bank; U.S. Bank Foundation; Valora; Valley Bank; Varo Money; myvelocity.com; Very Good Security; Vesper Finance; Visa; Vystar Credit Union; Wallmart; Wells Fargo; WGSN; Wipro; WNET; World Economic Forum; World Wide Technology; Yapstone; Zero Hash; Zogo.
Money20/20 USA
More information on Money20/20 US is available at us.money2020.com.
Follow Money20/20 on Twitter for event developments and updates.
You can also find us on LinkedIn at Money20/20.
Press Releases
Monty Mobile: The First Company in the Middle East & Africa to Provide 5G End-to-End Solutions for Telcos
Monty Mobile provides an in-house, cost-effective, well-optimized 4G+ and 5G end-to-end wireless solution serving both small and large-scale mobile and fixed operators targeting both urban and rural areas.
Moreover, operators are offered flexible payment plans for up to 5 years, first payment after 3 years, helping them stay ahead of their competitors.
This on- cloud solution guarantees improved scalability, mobility and security in addition to great savings on both CapEx and OpEx.
With this solution, Monty Mobile is introducing an alternative to Tier1 Telecom Suppliers such as Ericsson, Huawei, Nokia, and ZTE.
“The best is yet to come; stay connected!”, says Mountasser Hachem, Founder & Chairman of Monty Mobile.
More details regarding this full end-to-end solution will be disclosed in the Inside Telecom magazine next month in an exclusive interview.
Press Releases
Africa’s Leading Independent Telecommunications Services Provider, Phase3 Telecom moves onto Digital Connectivity Enterprise in Nigeria and West African Sub-region
The upgrades will cover security features, performance enhancements. agile update capacity and quality delivery mechanisms.
ABUJA, Nigeria, March 10, 2022: Africa’s leading independent aerial fiber optic network infrastructure and telecommunications services provider, Phase3 Telecom, is enabling advanced digital connectivity, improved performance and enhanced network security for enterprise. This drive is targeted at cost efficient and unified network endpoint management for businesses in Nigeria and the West African sub-region.
This development is also designed to amplify Phase3 enterprise value active network deployments for MSMEs, large scale corporates and institutions.
According to the company’s executive chairman – Stanley Jegede, “this expansive service optimization is targeted at improved coverage on Phase3 network routes through Africa as well as to assure solutions that help businesses transform and scale seamlessly.
He says, “Phase3 current network upgrades is an ongoing exercise and will cover security features, performance enhancements, agile update capacity, and quality delivery mechanisms for enterprise segments. Especially in the areas of productive work-from-anywhere or do-business-from-anywhere and digitized remote connectivity solutions”.
In addition to the company’s focus to increase enterprise based networks data handling capacity and their capability to access data within dissimilar sources faster vis-a-vis smarter, as today’s global clime demands.
Jegede, in his concluding statement says, “Phase3 layered digital capabilities will both enhance Phase3 network architecture and compliment legacy connectivity service experience in remote locations with significant Phase3 presence and network access points.
About Phase3 telecom
Phase3 Telecom is a leading independent fiber optic infrastructure with Points-of-Presence (POPs), colocation, and NOCs in Nigeria. Issued a National Long Distance Operator (NLDO) license in 2003 by the Nigerian Communications Commission (NCC), and with a vibrant as well as a dedicated team of experienced professionals, we are the network of choice for high-performance, data-intensive and low latency connectivity that span dedicated internet access, MPLS VPN, metro ethernet, wide area network solutions etc. We currently operate across the ECOWAS region and international markets through strategic partnerships that allow us to connect our clients across 400 cities worldwide. And ours is an extensive and secure network with end-to-end capabilities that service providers and businesses can rely on to scale, manage costs and assure efficiency. As our network continues to evolve into other layered service streams, including cloud-based and network security solutions – our invaluable clients will continue to remain the core of every investment that we make; innovation that we create; and technology that we adopt during the 4th industrial revolution to position us as the network of the future.
Press Releases
Digital Therapeutics Revenue from Health Insurers to Reach $8 Billion Globally by 2026
Hampshire, UK – 14th March 2022: A new study from Juniper Research has found that digital therapeutics revenue from health insurers will increase to $8 billion by 2026, up from $1.1 billion in 2022; representing a growth of 610 percent over the next four years. Digital therapeutics are clinically validated software programs for the treatment of chronic medical conditions, either independently or in conjunction with other therapies.
The report found that digital therapeutics facilitate the proactive mitigation of chronic medical conditions before they require costly interventions; enabling health insurers to reduce long-term costs per patient. However, it highlighted that these savings will be limited to health insurers in developed regions, where consumer devices and digitalized health infrastructure are ubiquitous. As such, it noted that health insurers in Africa and Latin America will contribute less than 2 percent towards health insurer-led digital therapeutics revenue in 2026.
A new research, Digital Therapeutics & Wellness: Key Trends, Business Models & Market Forecasts 2022-2026, identified that insurers will also benefit from an ongoing shift among digital therapeutics vendors towards engagement- and results-based payments. It recommends that therapeutics providers looking to leverage this trend prioritize the development of performance benchmarks, as demonstrating improvement and preventing patient abandonment will become a direct monetary issue.
Machine Learning to Move into Advisory Role as Liability Issues Emerge
The report forecasts that the number of people using digital therapeutics will increase by 381% over the next four years, and recognizes that machine learning will be key to this growth by facilitating advanced data analytics, remote patient monitoring, and real-time conversational coaching. However, it cautioned that an ongoing lack of standards surrounding the use of machine learning within digital therapeutics will result in vendors limiting its role in their offerings.
Research author Adam Wears explained: “As developers and healthcare providers increasingly grapple with issues of liability and malpractice, machine learning will transition from a patient-facing role to a diagnostic tool offered through provider-facing dashboards; to be used by clinicians and specialists in a manner akin to traditional computer-aided diagnostics.”
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Ian Terblanche, Global Strategic Sales & Channel Director at Sigfox
