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Power of Connectivity: Discover Global Network Brings Fintech Startups into Global Spotlight at Money20/20

September 29, 2016         By: Sean Riley

As the financial services industry continues to invest in emerging payment technology that pushes the industry to new limits, Discover Global Network is taking its power of connectivity to a whole new level through support of the Center for Financial Services (CFSI) 2016 Money20/20 Fintech Scholarship program.

Opening up its exhibition booth at Money20/20, the largest payment innovation event in the world, Discover Global Network will use its space to give three early-stage fintechs exposure to more than 10,000 attendees, 3,000 companies, and 1,000 CEOs from 75 countries. Each fintech selected will have the opportunity to showcase their unique solution onsite during the three-day conference, while demonstrating the strength a relationship can have when partnering with the third largest payment network in the world.[1]

“Discover Global Network is committed to a partner-focused approach in the constantly evolving payments market,” said Amy Parsons, Vice President of Global Commerce at Discover. “We have a long history of working with partners to deliver innovative experiences, and as a global network, can help partners more quickly achieve scale and access. Discover Global Network’s support of these activities with CFSI represents a continuation of this tradition, as we offer startups a chance to bring their vision to a global stage.”

CFSI, which organized the U.S. contest, was founded in 2004 and is today the nation’s authority on consumer financial health, leading a network of committed financial services innovators to build better consumer products and services. This unique perspective on solutions around financial health puts CFSI in the ideal position to consider applicants. Applicants will additionally be evaluated on whether they address a national market, address payments, and whether they offer an improvement on an existing solution in the market or an entirely new solution.

Whichever area of the market addressed, be it a new lending service, a personal finance management solution, a clever blockchain implementation or an entirely new payment method, associating with a global player such as Discover Global Network in front of a vast international audience is an invaluable opportunity.

For more information on the CFSI Money20/20 Fintech Scholarship program, visit the scholarship application website.

This article was brought to you by Discover Global Network. For more insights into consumer trends and the world of payments, visit Discover Global Network Perspectives.

[1] The Nilson Report