Instant payments are the future, but the banking industry is lagging behind. This interview features Mats Persson Bergius, CEO of Marginalen Bank, and discusses the challenge of integrating instant payments into the wider finance industry.
MArginalen Bank is a leading Swedish lender with a burgeoning payment space that now aims to cater instant payments to all businesses in Sweden. With a slightly broader offering and more experience, Marginalen is differentiating itself from the banks that solely focus on simple payment rails.
Mats introduces how Marginalen Bank embraces fintech, facilitating payment access, providing access to banking infrastructures, and extending their services from simple payments to versatile provisions like credit and cards. He praises the banks for laying a strong foundation for fintech but claims it’s high time fintech took the baton forward to ensure continuous innovation.
Moving to insights from the day’s event, AI emerges as a dominant player and Mats forecasts its impact will be evident in the following year’s discussions. Mats stresses the pertinence of developing bankable and scalable tried and tested traditional models, especially like stable coins and real-time payments. Conversations like these take you beyond the ordinary, making you privy to the trends and shifts in the fintech industry. Discover more in the full interview.
