Banking Technology Magazine Dec 2023 / Jan 2024 issue out now
Cover story: THE BEST OF BANKING TECH – Winners and pictures from an amazing night.
Welcome to Banking Technology’s last edition of the year. As 2023 draws to a close, our team wishes you a peaceful finish to this year, a festive winter break and a wonderful start to 2024!
We have started the celebrations already with the Banking Tech Awards – a stunning gala ceremony that took place at the Royal Lancaster Hotel in London on 30 November – lauding the top innovators and achievers in the banking technology industry across the globe (see p11).
Next year, the awards will be turning 25 years old, a very respectable age and a great milestone! If you would like to be part of this wonderful anniversary, please add the date of 4 December 2024 to your diary and take a look at the Banking Tech Awards website for further details.
As there were fintech highs this year, so were the lows. Plummeting valuations and business shuttering became frequent news. We said goodbye to investment platform Clim8, remittance provider Zazuu and credit card fintech Ness, to name just a few.
Another US credit card start-up, Petal, is searching for a buyer, with rumours of being at risk of going bust if no suitor is found. Also in the US, digital banking platform HMBradley is winding down its consumer business as it pivots to B2B.
In Europe, Ireland-based Synch Payments, established by some of the country’s leading banks, has culled the development of its instant mobile payments app, Yippay, even before it saw the light of day.
What will 2024 bring? Our editorial team will continue to bring you the latest news on the industry’s the good, the bad and the ugly. It will undoubtedly be an interesting year