Corporate treasurers pushing for fintech collaboration

Two corporate treasurers at the Swift Business Forum London 2018, taking part in ‘The future of cross-border payments – a corporate’s view’ panel, air their experiences of working with the banks and how their expectations around fintech collaboration are yet to be reached.

Corporates felt like their requests were being overlooked as banks and fintechs clamoured over winning market share, but with a need for fast, safe and reliable transactions, having the competitors work together seems to be the most effective solution.

Stephen Darnley, corporate treasurer for International Air Transport Association (IATA), explains he is not concerned with the use of fintechs by banks, preferring to see a collaboration with a bank than to go to a fintech directly.

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