CAN FINANCIAL INFRASTRUCTURE STILL GO GLOBAL?

The panel discusses the challenges and opportunities for fintech companies in a global, yet localized, landscape. Speakers from AgBank, Barclays, and Visa, along with advisors and investors, explore the balance between frictionless, borderless finance and the need for trust, regulation, and sovereignty. They examine how smaller players can compete with larger institutions, particularly in the context of data localization and capital concentration. The discussion covers the importance of trust, governance, and regulatory permissions for scaling technology and ideas across borders. The panelists debate whether current regulations strike the right balance for fintech innovation, with viewpoints ranging from the need for constant readjustment to concerns about overregulation. They also touch upon the impact of incidents like Wirecard on regulatory approaches and the importance of combating fraud to maintain trust in the financial system. Finally, the discussion emphasizes the role of regulators in fostering a robust and trustworthy financial system while enabling innovation.