In this special episode of Deciphered, recorded LIVE from Money20/20 USA in Las Vegas, Jeff Tijssen, Expert Partner and Global Head of FinTech, Bain & Co, Mike Cashman Partner, Bain & Co, are joined by Sophia Bantanidis, Future of Finance, Citi Global Insights, Citi and Peter Hazlehurst, Co-founder and CEO, Synctera, to discuss disequilibrium across the banking industry in 2023, restoring balance, and exploring the potential for new growth within the Financial Services industry going into 2024.Timestamps:00:00 Introduction05:04 Disequilibrium in banking: Have we restored balance, and where can we find new growth?08:05 The importance of understanding disequilibrium in banking10:20 Reflecting on what's been going on in the industry over the past 12-18 months12:53 Changes in the interest rate environment: Is the worst behind us? In what ways has finance & the banking sector resorted to balance in 2023?17:11 Turmoil in the FS industry & BaaS19:03 How do regulatory changes impact an organisation's ability to achieve new growth?21:44 Stimulating innovation vs protecting consumers24:28 The current funding landscape & projections for next year29:37 Significant challenges and opportunities when achieving sustained growth32:49 Where will new growth come from next year in FS?34:39 Surprising positive predictions for '24Please subscribe to the show so you never miss an episode, and leave us a review if you enjoy the show!You can find Jeff Tijssen hereYou can find Mike Cashman hereYou can find Sophia Bantanidis hereYou can find Peter Hazlehurst hereFor more insights from the Deciphered podcast, visit the page on Bain’s website

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