At the 2024 BAFT Regional Bank Conference in Chicago, smartTrade joined industry experts to discuss pressing issues and strategies shaping the future of regional banking. The event, focused on institutions with assets under $250 billion, brought together global participants to explore solutions in FX, payments, trade finance, and regulatory concerns. smartTrade's Director of Payments, Chris Gibson, shared insights on a panel about the evolving payments landscape alongside leaders from StoneX and The Clearing House. Read the full article: https://lnkd.in/e7ZTTqUb Key topics included the impact of fintech competitors, the need to preserve institutional knowledge, and challenges in maintaining efficient payment and FX supply chains. Attendees examined strategies to modernize technology, streamline processes, and adapt to changes such as ISO 20022, instant payments, and open banking. Regional banks emphasized their unique strengths: local expertise, trust, and personalized service, which positions them distinctively against national banks and fintechs. smartTrade’s Commercial Banking and Payments platform offers regional banks advanced capabilities to meet evolving client demands, providing seamless integration for payment and FX services that support the ISO-20022 transition. Aligned with the needs of regional institutions, we remain dedicated to empowering banks with the tools they need to succeed in an increasingly complex financial environment.
At the 2024 BAFT Regional Bank Conference in Chicago, smartTrade joined industry experts to discuss pressing issues and strategies shaping the future of regional banking. The event, focused on institutions with assets under $250 billion, brought together global participants to explore solutions in FX, payments, trade finance, and regulatory concerns. smartTrade's Director of Payments, Chris Gibson, shared insights on a panel about the evolving payments landscape alongside leaders from StoneX and The Clearing House. Read the full article: https://hubs.la/Q02VRf3x0 Key topics included the impact of fintech competitors, the need to preserve institutional knowledge, and challenges in maintaining efficient payment and FX supply chains. Attendees examined strategies to modernize technology, streamline processes, and adapt to changes such as ISO 20022, instant payments, and open banking. Regional banks emphasized their unique strengths: local expertise, trust, and personalized service, which positions them distinctively against national banks and fintechs. smartTrade’s Commercial Banking and Payments platform offers regional banks advanced capabilities to meet evolving client demands, providing seamless integration for payment and FX services that support the ISO-20022 transition. Aligned with the needs of regional institutions, we remain dedicated to empowering banks with the tools they need to succeed in an increasingly complex financial environment.