In an interview with Standard Chartered’s TMT and Fintech Head, Cash Management, Anand Natarajan, it was highlighted that partnerships between banks and fintech companies are becoming increasingly important in the industry. Natarajan explained that the role of managing these partnerships has shifted from treasury teams to individuals who can speak the language of both banks and fintechs. He also emphasized that the relationship between banks and fintechs is no longer seen as a competition, but rather a collaboration. Natarajan explained that fintechs still need banks to facilitate certain financial processes, such as payments, and that the key question is where the aggregation of these flows takes place. Standard Chartered’s focus is on supporting the flows end-to-end, regardless of whether they originate directly from the bank or through a fintech partner.
Money20/20 2023: Join the Fintech Collab with Standard Chartered!
