As more retailers and other consumer-facing companies look to offer customer loyalty payment cards with rewards and easier shopping experiences, the co-branded card company Imprint seeks to simplify that process and offer it to a broader range of companies. In this episode Daragh Murphy, cofounder and CEO of Imprint, speaks with McKinsey partner and payments industry expert Roshan Varadarajan. Imprint was started with backing by Thrive Capital, whose partner Gaurav Ahuja also is a cofounder and serves as chair of Imprint. In this interview, Murphy discusses how the company got its start, why building their tech stack from scratch was important, and the future of co-branded credit cards.

Related insights

Riding the storm: How consumer finance companies can survive and thrive
Travel invented loyalty as we know it. Now it’s time for reinvention.
Airline retailing: How payment innovation can improve the bottom line
Global payments in 2024: Simpler interfaces, complex reality
Unlocking value from technology in banking: An investor lens

Follow our banking and payments sector insights: Talking Banking Matters

Read our Financial services blog: Banking & Securities Matters

Discover our latest insights with our LinkedIn community of 9,000+ financial services professionals: McKinsey Financial Services

Find all of our Financial Services insights on McKinsey.com

See www.mckinsey.com/privacy-policy for privacy information

See www.mckinsey.com/privacy-policy for privacy information

The fraud and financial-crime prevention company’s machine-learning approach uses adaptive behavioral analytics to identify and root out improper payments.

See www.mckinsey.com/privacy-policy for privacy information

One of the key challenges finance departments face is connecting the various bits of data generated when money moves into or out of the business. This is especially true for small and midsize businesses. Although a profusion of digital payments providers has cropped up to help such companies, many systems generating data from money movement don’t talk to a company’s other systems—at least not well. In this episode of Talking Banking Matters, McKinsey payments sector leader Roshan Varadarajan speaks with Cosmin Pitigoi, CFO of Flywire, which offers a digital payment system has along with software integrations for linking payments to companies’ other systems.

Related insights

Global payments in 2024: Simpler interfaces, complex reality
Unlocking value from technology in banking: An investor lens
Extracting value from AI in banking: Rewiring the enterprise
How to get a core banking transformation right: Eight mistakes to avoid

Follow our banking and payments sector insights: Talking Banking Matters

Read our Financial services blog: Banking & Securities Matters

Discover our latest insights with our LinkedIn community of 9,000+ financial services professionals: McKinsey Financial Services

Find all of our Financial Services insights on McKinsey.com

See www.mckinsey.com/privacy-policy for privacy information

See www.mckinsey.com/privacy-policy for privacy information

In the payments industry, open banking and account-to-account payments have faced slower adoption in certain markets as they compete with card-based and peer-to-peer systems. In this episode McKinsey payments sector leader Roshan Varadarajan speaks with Johan Tjärnberg, the Group CEO of the open banking and account-to-account company, Trustly, about breaking down barriers to commerce and money movement.

Related insights

Global payments in 2024: Simpler interfaces, complex reality
Unlocking value from technology in banking: An investor lens
Extracting value from AI in banking: Rewiring the enterprise

Follow our banking and payments sector insights: Talking Banking Matters

Read our Financial services blog: Banking & Securities Matters

Discover our latest insights with our LinkedIn community of 9,000+ financial services professionals: McKinsey Financial Services

Find all of our Financial Services insights on McKinsey.com

See www.mckinsey.com/privacy-policy for privacy information

See www.mckinsey.com/privacy-policy for privacy information

In this episode of Talking Banking Matters, McKinsey payments sector expert Roshan Varadarajan speaks with one of the entrepreneurial technologists who seek to solve multiple industry challenges including those of legacy payments technology systems, Zeta cofounder and CEO Bhavin Turakhia. Zeta offers a broad array of technology, with a view to offering a unified stack that powers a financial institution’s payments products on a single platform. The following edited transcript shares highlights from the conversation. For more discussion of the banking issues that matter, follow Talking Banking Matters preferred podcast platform.

Related insights

Global payments in 2024: Simpler interfaces, complex reality
Unlocking value from technology in banking: An investor lens
Extracting value from AI in banking: Rewiring the enterprise
How to get a core banking transformation right: Eight mistakes to avoid

Follow our banking and payments sector insights: Talking Banking Matters

Read our Financial services blog: Banking & Securities Matters

Discover our latest insights with our LinkedIn community of 9,000+ financial services professionals: McKinsey Financial Services

Find all of our Financial Services insights on McKinsey.com

See www.mckinsey.com/privacy-policy for privacy information

See www.mckinsey.com/privacy-policy for privacy information

Embedded finance is one of the fastest-growing areas of financial services and e-commerce globally, yet it is still a nascent concept. In this episode McKinsey payments sector leader Roshan Varadarajan speaks with Pedro Silva, CEO and cofounder of the embedded-finance platform company Alviere about this growing field.

See www.mckinsey.com/privacy-policy for privacy information

Throughout his 40-year career, Nathan Bostock has seen the financial services industry change in big ways—and has used these changes to his advantage to usher in the next era of banking. He has led multiple full-scale transformations across several companies, including during his tenure CFO and CEO of Santander UK and during his time as chief revenue officer and CFO of the Royal Bank of Scotland. In this episode of Talking Banking Matters, McKinsey partner Basab Mitra sits down with Bostock to discuss transformations in banking and how digitalization plays a part in these changes, and what C-suite leaders should consider when approaching these initiatives. An edited version of their conversation follows.

See www.mckinsey.com/privacy-policy for privacy information

The payments sector equity analyst discusses the industry’s evolution in the context of dwindling cash-to-card conversion, technological advances, and tighter credit markets.

See www.mckinsey.com/privacy-policy for privacy information