FABRICK: The open banking innovation race

In attendance at Money20/20, FinTech Magazine speaks to FABRICK CEO Paolo Zaccardi, about continued innovation in the open banking space, following the passing of PSD2 in 2018. He also discussed FABRICK’s latest deal with Judopay. 

As Zaccardi puts it: “We’re moving into a very modular area when it comes to open finance. In the future, we will see the combination of more and more services, so it’s very important there we keep seeing fintech start-ups come to the market to innovate specific niches. 

Given Money20/20 is a place which brings the industry together, it’s a key time for fintechs to make and showcase their latest products and partnerships. This is no different for FABRICK, who recently struck a deal with Judopay. 

Zaccardi explains: “Our partnerships with Judopay allows us to combine payments and open banking. 

“Judopay is a great group of people operating mobile payments in the UK, and gives us a very good angle to enter into the UK market with Judopay’s strong customer base.”

For more from FABRICK’s CEO Zccardi, you can watch the video above, or on the FinTech Magazine LinkedIn page.