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Finance tycoons successfully conclude three-day summit in London | Fintech time

The London Summit of Finance Tycoons (FMLS) 2022 celebrates a successful three-day networking event in the heart of the UK capital.

This week, from November 21-23, FMLS has taken over the halls of Old Billingsgate Market on the banks of the city’s famous River Thames. This year marks the 10th anniversary of the conference, being the largest to date.

Interior of the 2022 London Finance Magnates Summit inside the Old Billingsgate Market

The celebrations began at the highly anticipated Networking Blitz, which took place at Banking Hall in the City of London on Monday evening; just around the corner from the main conference location.

The first event of the conference provided the perfect atmosphere for fintechs, payment service providers, cryptocurrency exchanges and institutional brokers to rub shoulders. With company-branded tables everywhere, the Networking Blitz was the start of many successful business opportunities.

The opening night set the stage for the conference’s newly expanded program, which incorporates coverage from four industry verticals. These include fintech, payments, e-commerce and digital assets and blockchain; all of which figured prominently in the conference program.

The Networking Blitz was followed by two full days of events scheduled for Tuesday and Wednesday at Old Billingsgate, representing the expansion of FMLS in recent years.

The main venue attracted nearly 3,500 attendees this year, joined by 130 speakers and more than 150 different exhibitors.

The conference hosted a diverse array of industry panels, workshops and fireside chats led by pioneers from the financial services, crypto, payments and fintech industries.

The agenda was spread over the venue’s three main stages: the Central Stage, the Innovative Stage and the Inspirational Stage.

Stage Highlights
  • Crypto Hub in the Making: A Fireside Chat with MP Lisa Cameron

FMLS has leveraged its key position within one of the world’s most prolific financial centers to identify the UK’s latest projects in emerging technologies such as cryptocurrency.

As Chairman of Crypto and Digital Assets All-Party Parliamentary Group (APPG), MP Lisa Cameron took to the center stage on Tuesday morning to discuss the government’s crypto initiatives.

Cameron was a key figure in the The APPG investigation in the UK regulatory stance on crypto in August this year.

In his fireside chat with Chen Araddirector of operations of Solidus Laboratories, she clearly explained her strategy for crypto and how it works within the regulatory framework. The discussion considered consumer protection and the impact of the economic downturn.

Cameron’s well-attended and engaging session detailed how the UK can overcome this impact and what needs to be done to confirm its position as an international crypto hub.

  • The Future Is Now: Is E-Commerce Holding Up in the Metaverse?

FMLS celebrates its 10th anniversary with its most contemporary focus yet. Moderated by Fintech time journalist Tyler PatheTuesday’s highly anticipated session provided extensive coverage of the capabilities of online trading in the vast world of metaverse.

Pathe was joined on the Innovate stage by metaverse and digital asset experts Tobias Bauer of blockchain Founders Funds, Elizabeth Rossiello of AZA Finance, On yavin of co-intelligence Funds and carolina Hughes of Life. Together, the panel defined the different faces of the metaverse and explored its complex interaction with online commerce and services.

The session delved into international use cases for e-commerce in the metaverse and prepared the audience wall-to-wall with a very clear insight into what one of the industry’s most exciting arenas has in reserve for the future.

  • Challenger Banks, the challenges (and opportunities) ahead

Although they define themselves as a central element of financial systems and an expected penetration rate of 40% by 2027, challenger banks will find it difficult to remain sheltered from the post-pandemic economic storm.

Wednesday session, held by the moderator Simon Hardy of Indexable on the Inspire stage, was joined by Tacha Chouhan of Tink, John Woods of Zenus Bank, Felicia Meyerowitz Singh of FNZ and Hive Founders and Selin Burt Kut of Bitpanda White Label.

This panel proved that every cloud has a silver lining, and despite the hurdles posed by the impending recession, indicators of growth and prosperity remain to be grasped.

The conversation gauged the current climate for challenger banks, including funding, partnerships and the latest service innovations.

The main venue attracted nearly 3,500 attendees this year, joined by 130 speakers and more than 150 different exhibitors.
FMLS22 Awards

The FMLS concluded on Wednesday evening with its highly anticipated awards ceremony. The awards honor industry pioneers, leading innovators and agitators.

The atmosphere inside Old Billingsgate was full of excitement as the winners were announced.

Some honorable mentions include:

Binance – Best Cryptocurrency Exchange

one zero – Best Connectivity Provider

Sax Bank – Best Retail Forex Broker

Advantage – Best Retail CFD Broker

GI – Best Multi-Asset Broker

LMAX Global – Best ECN / Place of Execution

Final – Best B2B Liquidity Provider (Prime of Prime)

B2Broker – Best white label solution

MetaTrader 5 by MetaQuotes – Best multi-asset trading platform

CMC Markets – Best FX trading platform

Group SIX – Better implementation of the ESG strategy

Brokerage solutions – Best emerging fintech

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