Based on The World FinTech Report 2018 published by Capgemini and LinkedIn, fintech firms have raised $109.8 billion across 7,500 deals since 2010. However, this figure does not necessarily reflect the fintechs’ success rate; success requires finding the right product-market fit, as well as go-to-market strategy and partnerships. According to the same report, the top two challenges that fintechs face include the lack of agility of traditional enterprises (70%) and the lack of willingness of partners to collaborate with them (60%). The good news is that fintech, once perceived as a disruptor, is no longer seen as a threat to banks, instead,  they are seeking ways to collaborate across the value chain. Striving to remain relevant and competitive, banks  are heavily investing in such collaborations.This panel will dive into best practices on how fintech can partner and collaborate with banks and how banks can leverage fintech know-how to improve the customer experience, reduce costs and create new revenue streams.

Speakers:
Maher Loubieh,Co-Founder, HalalaH
Boris Ostrovsky, Senior Vice President - MENAPT Payments and Receivables Head Treasury and Trade Solutions, Cit
Rami Al Karmi, Chief Innovation Officer at Jordan Ahli Bank, CEO at Ahli FINTECH
Moderator: Mirna Sleiman, Founder & CEO, Fintech Galaxy