Fintech Americas’ 2021 conference examined the human elements that serve as the core for digital transformation in banking, encouraging discussion around how an understanding of user needs will ultimately shape the future of the banking industry. Leaders from over 20 countries gathered for the occasion, discussing how companies can align their teams to achieve transformation that aligns with today’s user needs.
Our team was excited to be invited to host a roundtable as a part of the event’s lineup. Galileo’s Head of Business Development & Strategy Latin America Tory Jackson and Strategic Partnerships Lead Zac Thomas discussed the vital role enablement partners play in transforming today’s financial ecosystem.
Here are top takeaways, followed by a recording of the full conversation below.
What is financial services enablement and how can banks and fintech benefit?
Partnering with an enabler empowers financial services providers with increased access to payment solutions, in many regions, without overhauling existing legacy systems or building out new solutions. Partnerships can accelerate growth cycles and bring products to market faster, or scale into new geographies with far less effort.
“By working with the right enablement partner, banks and their end-users benefit through enhanced user experiences and an enhanced back office. When we power clients' card programs, we’re freeing them from the time, cost and complexity of establishing their own payments back-office operations. This is so they can focus on creating great customer-facing products, and delivering outstanding value,” Jackson shared.
Galileo is uniquely positioned to serve Latin America because of its deep understanding of local nuances, extensive experience and feature functionality.
The roundtable discussion also covered how enablement partners can serve incumbents looking to start with incremental change and suggested characteristics to look for in an ideal partner.
The right collaborator improves a fintech’s operations by keeping them relevant, competitive, and flexible – and ultimately, partners are essential for those who wish to gain an edge within a constantly evolving market.
Tune into the full conversation below.
Reducing Time-to-Market with a Better Digital Banking Platform
In today's hyper-competitive financial landscape, the ability to deploy products and services quickly and agilely is critical for banks to remain competitive. Galileos’ Cyberbank Digital platform empowers financial institutions to transform their product development lifecycle, giving them the edge they need in a banking ecosystem where, increasingly, speed is everything.
From Enrollment to Engagement: Designing Custom Digital Journeys
Discover how personalized digital banking journeys boost conversion rates, engagement, and customer loyalty.
Why Your Bank’s Chatbot Isn’t Working (And What Comes Next)
Learn why traditional bank chatbots fail customers–and how conversational AI is revolutionizing financial services customer support.
Launching a Successful Card Program in 2025
Launch successful card programs in 2025 with expert strategies from top fintechs. Learn differentiation, planning, and partnership frameworks for competitive advantage.
How LatAm Banks Can Protect Customers in the Age of Distracted Banking
Banks can combat distracted banking fraud in LatAm through enhanced security measures, education campaigns, and streamlined verification processes.
