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Immediate payments require new business models first, IT solutions can come later

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Hungary is probably not the first country that comes to mind when talking about fintech hotspots and innovation hubs. However, the country is very much at the forefront when it comes to banking innovation in Europe. In late 2017, I had the privilege to speak at the annual Fintech Innovation Conference in Budapest. Organized by Privatbanker.hu, this was a great opportunity to meet not only Hungarian experts, but finance professionals and industry stakeholders from across the continent.

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