Key timing points

0:20 An introduction to East & Partners and their research methodology

2:23 Financial Technology and the Corporate – key findings

6:22 Market trends driving around 70 per cent of global corporates to use non-bank fintech providers

9:02 Fintechs providing FX and cross-border payments services – do they need a banking licence?

11:21 How are fintechs differentiating themselves?

12:42 Biggest challenges for fintechs in commercial banking

15:34 Use of fintechs by corporates

16:47 Are banks keeping up with fintech innovation?

18:50 Developments in the next five years

Simon Kleine, Europe business lead at East & Partners, discusses how corporate treasury departments are using non-bank financial technology for some key treasury functions such as FX, compliance and cross-border payments.

CTMfile recently covered the East & Partners report Financial Technology and the Corporate, which found that more than seven out of 10 of the world's biggest companies use a non-bank fintech provider for at least one of their business banking needs. The most common services being entrusted to non-bank providers are treasury functions, cross-border payments and FX, risk and compliance reporting, and cash management.

The article Corporates turning to non-bank fintech for treasury needs struck a chord with many of CTMfile's corporate treasury and banking readers, quickly becoming one of the most-read in recent months.

This WEBchat covers:

• An introduction to East & Partners and their research methodology
• Financial Technology and the Corporate – key findings
• Market trends driving around 70 per cent of global corporates to use non-bank fintech providers
• Fintechs providing FX and cross-border payments services – do they need a banking licence?
• How are fintechs differentiating themselves?
• Biggest challenges for fintechs in commercial banking
• Use of fintechs by corporates
• Are banks keeping up with fintech innovation?
• Developments in the next five years

Click here for more on East & Partners.