Force Is With Fintech In the Hot Seat

Fintechs are a force for good in the world. Christian Rau of Mastercard discusses purpose-driven innovation, how Mastercard identifies trustworthy fintech players, what traditional banks are ignoring at their own risk, and what trends to look for new innovations in.
 
Key Takeaways.
[0:00] Denise Johansson puts Christian Rau, Senior Vice President of Crypto and Fintech Enablement Europe at Mastercard, in the hot seat. [2:16] We all know the brand, but what exactly does Mastercard do? [4:11] The 9 trends to watch in the payment industry and where fintech can fit in. [4:46] Innovation rarely comes from traditional banks, fintech partnerships make that magic happen. [7:07] Christian offers his favorite 2 trends to watch and why: connected finance and unleashing acceptance. [9:59] In a frictionless, safe, secure, simple transaction world, there is room to ponder conscious consumerism. [10:36] Helping organisations focus on their core gives them more time to innovate and push forward. [13:45] Mastercard plays an active role in helping fintechs find partners. [16:12] Building trust and keeping trust is not something to take lightly, and working with a large player requires you to be on your best game [18:46] How Mastercard came to be such a big fintech partner and why being an early innovation adopter is key to growth. [21:09] Enfuce x Mastercard! Increasing advances in technology means you have to partner with knowledgeable, technical actors.  [23:29] Christian highlights a fundamental theme: easy and simple works. [26:07] Advances are unpredictable and surprising, stay on your toes! [27:12] Denise signs out until the next time she puts an industry leader in the hot seat.  
People.
Guest Christian Rau, SVP Crypto and Fintech Enablement Europe at Mastercard, a global payments industry company powering a safe, simple, and secure digital economy benefiting everyone. Host Denise Johansson, co-CEO and co-Founder of Enfuce, a female-founded fintech helping drive business growth, solve customer challenges, and extend financial inclusion.  
Links.
Mastercard Enfuce  
Guest Quotes.
A lot of the trends are shaped, perpetuated, and driven by fintech. — Christian Rau, Mastercard, InTheHotSeat The increasing digitization of consumer-to-merchant commerce, whether it's in-app or mobile, actually determines the consumer journey quite a bit. — Christian Rau, Mastercard, InTheHotSeat Generation Z and all these new founders come with a different attitude. They would like to run a profitable business, but for them, it's equally important to do something that contributes to the wider well-being. — Christian Rau, Mastercard, InTheHotSeat We are not more relaxed with a FinTech than we would be with a high street bank. — Christian Rau, Mastercard, InTheHotSeat Trust is something that takes a lot of time to build, it's very easily lost, and then very difficult to gain back. — Christian Rau, Mastercard, InTheHotSeat It always boils down to offering choice and leveraging partnerships and technology to add value to the ecosystem. — Christian Rau, Mastercard, InTheHotSeat  
Denise Quotes.
Fintechs can play a role for the good of the planet. We discuss conscious consumerism with Christian Rau from Mastercard. — Denise Johansson, Enfuce, InTheHotSeat The Force is With Fintech! InTheHotSeat episode 4 Christian Rau from Mastercard talks about fintechs as a force for good in the world. — Denise Johansson, Enfuce When running a business, you need to understand that you will make mistakes and that you will learn from them. But there is one area where you can’t afford a single mistake, and that is compliance. — Denise Johansson, Enfuce, InTheHotSeat