Pivoting payments into full service banking: Who will be the winners in the race for the customer?
Moderator: Esther Groen, Adviser to Holland FinTech and Executive Board member at the European Women in Payments Network
- Søren Skov Mogensen, Chief Growth Officer at Banking Circle
- Albion Murati, Partner at McKinsey & Company
Payments businesses have established themselves as essential providers of financial services, carving out a key role in the booming e-commerce segment. Now, they’re seeking to broaden their capabilities by offering a full suite of banking services to their customers – forcing banks to examine their own role in this expansion. Meanwhile, emerging financial infrastructure platforms, with no ambition to serve the online merchants themselves, are actively positioning to enable this transition.
In this webinar, our speakers will discuss:
- As Payments businesses expand their capabilities, how will the wider industry be impacted?
- How will payments businesses orient themselves for the future?
- Which direction will banks take in response?
- What might the future financial services landscape look like?
Esther Groen, Holland FinTech & EWPN
Esther has an extensive background in strategy and execution, sales and business development, digital transformation, and building high-performing teams in the Banking and FinTech industry.
Esther currently advises Holland FinTech, a digital finance community in the Netherlands, and is an Executive Board member of the European Women in Payments Network. Esther was formerly a partner at Innopay, a Dutch strategy consultancy firm in digital transactions, where she led the Banking, Payments and FinTech practice. Prior to joining Innopay, Esther spent more than 10 years in global transaction services at ABN Amro and the Royal Bank of Scotland.
Søren Skov Mogensen, Chief Growth Officer at Banking Circle
As Chief Growth Officer, Søren drives the commercial growth agenda at Banking Circle. Prior to joining Banking Circle, Søren was Senior Vice President and Head of Strategy, M&A & Transformation at Danske Bank. He also spent five years at McKinsey & Company in London and Copenhagen, and holds a Financial MBA from University of Cambridge.
Albion Murati, Partner at McKinsey & Company
Albion is a Partner at McKinsey & Company and a leader in McKinsey’s Financial Services and Payments Practices. He has worked across a number of McKinsey’s European offices over the past decade and serves financial institutions, PE/VC investors, payment and fintech players, as well as technology firms on a variety of topics including growth strategy, M&A, digital innovation and large-scale transformations.