NTT DATA looks to the future of fintech at Money20/20 USA
At Money20/20 USA 2024, we shared the stage with experts to promote the modernization of the financial services industry.
At Money 20/20 USA 2024, NTT DATA focused on financial services modernization through GenAI accelerators and innovative strategies. Our booth facilitated insightful discussions, highlighting advancements in open banking, secure data sharing and payment ecosystems. A key session, "Open Banking: Good Fences Make Good Neighbors", stressed collaboration, standards and customer-centric innovation. With industry leaders like PNC and JP Morgan Chase & Co., we showed our commitment to responsible innovation and modernization. The event reinforced our leadership in fintech's evolution with a focus on strategic and technological innovation.
New technologies - including GenAI accelerators - and innovative partnerships are creating exciting modernization opportunities for financial services institutions (FSIs).
This is the message that NTT DATA delivered at the latest edition of Money20/20 USA, the premier annual gathering for the fintech industry. Held in Las Vegas in October, it attracted more than 3,500 organizations from nine countries.
Spotlight on modernization
Aiming to foster change through the exchange of ideas, this year's conference attracted major financial institutions, dynamic startups and influential venture capitalists.
NTT DATA's presence underscored the event organizers' commitment to helping FSIs fast-track their modernization efforts. While acknowledging the importance of agility and cost reduction, we also emphasize using advanced technologies and innovative strategies to maintain and grow their customer base.
At the core of our message were two key themes:
- Fast-track your modernization: FSIs need to modernize faster to meet customer demand and realize ROI. To help them change, we focus on areas such as GenAI and data, open banking, payments, lending, wealth management, risk and compliance.
- GenAI accelerators for application modernization: Using techniques like automated testing, knowledge management, legacy-code generation, machine-learning service control, operational insights, requirements generation and resolution prediction, we're pushing the boundaries of application modernization.
Deep insights - and a little bit of AI fun
Our booth at Money20/20 USA was a vibrant space of engagement and learning. Visiting analysts, journalists, clients and partners interacted with our experts, resulting in deep and insightful conversations about the future of fintech.
The booth also featured an AI photo booth - an interactive experience that attracted many visitors and added an element of fun to showcase our spirit of innovation.
Sharing a stage with the experts
A landmark moment of NTT DATA's presence at Money20/20 USA was a session titled "Open banking: good fences make good neighbors", moderated by Jason Gandy, Senior Vice President of FSI Consulting at NTT DATA North America.
The session featured notable industry figures, including Howard Forman, Executive Vice President and Head of Commercial Digital Channels at PNC, and Ginny Chappell, Executive of Emerging Payments at JPMorganChase. The discussion provided insights into advances, challenges and opportunities in the open banking landscape.
From left to right:
Howard Forman, Executive Vice President and Head of Commercial Digital Channels at PNC;
Ginny Chappell, Executive of Emerging Payments at JPMorganChase; and
Jason Gandy, Senior Vice President of FSI Consulting at NTT DATA North America.
Take the next step with NTT DATA
NTT DATA's participation at Money20/20 USA 2024 reflects our commitment to the modernization of the financial services industry.
We're advising our clients about the strategic, technological and regulatory factors that are shaping the future of fintech, and we'll continue engaging with industry leaders to foster collaboration and exchange ideas.
Read more about how NTT DATA can fast-track your modernization efforts in financial services.