" class="no-js "lang="en-US"> Peter Dehaan - Smartstream - Money20/20 Europe 2023
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July 5 2023

Peter Dehaan – Smartstream – Money20/20 Europe 2023

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In Amsterdam for Money20/20 Europe 2023, we sat down for a conversation with Peter Dehaan, Head of Business Development at Smartstream. Smartstream uses advanced technologies to help customers realise their digital strategies and create leaner post-trade operations.

“There have been 50 folded banks in the last 10 years in the US. We had a quiet period in 2021 & 2022, where there were no failures. Then, there’s obviously been 3 this year. If you roll that out into the value of the 50 that have collapsed, that equated to $6 trillion in assets and around $5 trillion in liabilities.”

“So it’s massive numbers around that front. The key here is that across the decade, interest rates were only around 2.5%. Now they’re at 5%, and that’s what’s pushing more pressure on banks to better manage their money.”

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Peter Dehaan

Peter Dehaan

SmartStream

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SmartStream | Fintech Finance

SmartStream
  1. US blockchain company, Constellation Network, Welcomes Leading Experts from Top Enterprises and U.S. Government Agencies to their Enterprise Advisory Board.

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  2. JustPaid, AI-powered Finance Startup, To Launch Game-Changing GPT App In OpenAI’S GPT Store

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  3. Eltropy Collaborates with Jack Henry’s Banno Digital Banking Platform

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  4. Ledger partners with bolt to launch device protection for its industry-leading secure devices

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  5. Nigeria: African Development Bank and FSDH Merchant Bank sign $20 million Trade Finance Agreement to support Small and Midsize Enterprises (SMEs) and Corporates

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