At Money20/20 Europe 2025, two prominent figures in the fintech industry, Garri Galanter, CEO of Salt Edge, and Fahmi Syed, President at Midnight Foundation, shared their insights on the future of open banking and blockchain technology. The discussions shed light on key trends and developments shaping the financial landscape, providing valuable perspectives for industry stakeholders and enthusiasts alike.
Garri Galanter, the CEO of Salt Edge, highlighted the significance of open banking in driving innovation and improving customer experiences. He emphasized the importance of collaboration between traditional financial institutions and fintech companies to harness the full potential of open banking. Galanter’s insights underscored the transformative impact of regulatory changes and technological advancements on the financial ecosystem, emphasizing the need for adaptability and strategic partnerships.
In a separate conversation, Fahmi Syed, President at Midnight Foundation, delved into the role of blockchain technology in enhancing privacy and security in financial transactions. Syed discussed the potential of programmable privacy features to revolutionize data protection and empower users with greater control over their personal information. By exploring the intersection of blockchain and privacy, Syed provided a compelling vision for the future of digital financial services, emphasizing the importance of trust and transparency in fostering innovation and adoption.
The discussions at Money20/20 Europe 2025 reflected a broader trend towards collaboration, innovation, and regulation in the fintech industry. As open banking and blockchain technology continue to disrupt traditional paradigms, industry leaders like Galanter and Syed are at the forefront of driving change and shaping the future of finance. Their insights offer valuable perspectives on the opportunities and challenges facing the industry, highlighting the importance of strategic vision and technological expertise in navigating a rapidly evolving landscape.
Overall, the conversations with Garri Galanter and Fahmi Syed underscored the dynamic nature of the fintech industry and the transformative potential of open banking and blockchain technology. As the industry continues to evolve, stakeholders must remain vigilant and proactive in adapting to regulatory changes, embracing innovation, and fostering collaboration to unlock new opportunities and drive sustainable growth in the digital economy.
References:
1. Watch: In Conversation with Garri Galanter, CEO of Salt Edge. Available at: https://thefintechtimes.com/watch-in-conversation-with-garri-galanter-ceo-of-salt-edge/
2. Watch: In Conversation With Fahmi Syed, President at Midnight Foundation. Available at: https://thefintechtimes.com/watch-in-conversation-with-fahmi-syed-president-at-midnight-foundation/
