Intellect Global Transaction Banking Sets the Stage for Collaboration between FinTech and Transaction Banking, on the Thames at Sibos 2019

London (UK), 26 September, 2019:  iGTB, the transaction banking specialist from Intellect Design Arena Limited in partnership with Fintech Power 50, an annual guide to the most influential, innovative and powerful figures in the Fintech industry, organized a Sibos networking cruise. The event was also co-hosted by B-Hive, a European collaborative innovation Fintech platform that brings together major banks, insurers and market infrastructure players.

Following the success of last year’s Sydney Harbour cruise on the beautiful catamaran Morpheus, this second cruise brought together a unique gathering of nearing 300 of the world’s top transaction banking and fintech talent, taking place on an evening cruise through London aboard the 61m river yacht, luxurious flagship Silver Sturgeon, as patronised by Her Majesty the Queen, again organised by iGTB. FinTechs have traditionally been in the retail banking space but this event opened the opportunity for the far more complex corporate and transaction banking space, to explore Fintech opportunities.

As the world creates banking for ecosystems as predicted by iGTB’s Andrew England, representatives from partners R3, Bolero, Everis, PPI and IBM together with FinTechs and banks will build the future.  Several exciting collaborations were discussed in various sub-groupings.

During the networking dinner cruise from ExCel to Savoy Pier, participants interacted with experts as well as thought leaders from iGTB and its clients to learn the benefits offered by contextual banking to banks worldwide: helping banks understand and anticipate the ambitions of business customers and neutralize risks with non-destructive micro service deployments and ultimately drive revenue growth.

iGTB, as a member of, and in conjunction with the Fintech Power50, with B-Hive were delighted to bring together this unique opportunity and plans for Boston next year are already under consideration.

“Globally, banks are witnessing the benefits of contextual transaction banking and its potential to surpass current and traditional approaches to transaction banking. Additionally, by offering contextual and actionable insights to corporate customers, banks are able to reach new heights,” said Manish Maakan, CEO, iGTB. “As we have now put fintech on the radar in the corporate world, the focus is on delivering the future leaders of the Sibos community.”

The stunning interactive flamenco performance by multiple Lukas awardee Ilusiòn Flamenca had everyone in rapture at the spectacle, the music and some even joined in to try their hand.