*Note: I combined three tags: “Embedded Finance”, “Open Finance” and “Partnerships (BaaS)” – in “Open Finance” above and in my count of 18 tags instead of 20 in the app . Additionally, events labeled as both “Fraud” and “Identity” totaled 45, so there were only 9 that were labeled only in one or the other.
Artificial intelligence dominated the sessions, the exhibition hall and my conversations. The focus is now on established use cases where businesses can be reasonably certain of quickly achieving a reliable ROI.
Open finance was this, especially in light of the recent issuance of Rule 1033 giving consumers the right to access and share their data. A conversation with Rohit Chopra, director of the CFPB, was well attended.
Payments And Banking technology had many tags, but as rather generic topics, they don’t tell us much, frankly. International and instant payments are getting a lot of attention, however.
Discussions of Fraud And Identify were omnipresent at the Venetian, as they tend to be every year. AI helps bankers sort through huge volumes of data to identify suspicious activities they might have missed and reduce false positives.
Cryptocurrency on its own, it did not dominate as much as in years past, but there was notable interest in stablecoins.
Surprisingly quiet
Only four events or sessions were tagged “wealth technology.” One was a demo and another focused on repositories. Clearly, this area doesn’t get a lot of love at Money 20/20. And out of 11 sessions labeled “talent,” only three focused on talent management; the rest only talked about it tangentially.
Content sessions are only part of the value of Money 20/20; it is in the opportunity for conversations – scheduled and serendipitous – that the value lies for many participants.