Money 20/20 USA 2023 was jam-packed with action, literally and figuratively. The show’s Money Motor Circuit drew upon Las Vegas’s most recent obsession: Formula 1, while its Money Bot aligned with Fintech’s most recent obsession: AI.

Speaking of AI (and no, this isn’t being written by AI), it was probably the number one topic on everyone’s lips. One could also see how big AI’s influence in Fintech has become just by the number of AI-based companies exhibiting in Money Hall. While everyone agrees that financial institutions should “crawl, walk, run” when it comes to AI, when speaking at the show Super.com’s Rick Galasieski also advised teams to “get ahead of AI” by asking themselves what part(s) of their job could be replaced by the technology, and then using the answer(s) as a guide to incorporating it.

Another trending technology topic at the conference was Web3 and blockchain technology. The show was abuzz with conversations around what this new iteration of the internet means for cross-border payments, greater financial inclusion, and consumer data protection.

Late to Web3? Catch up with these useful resources:

• A Beginner’s Guide to Web3? by Free Code Camp
• What is Web3? by MetaMask Learn
• Blockchain 101: Practical Uses of a Blockchain by Barbara Bickham

One change in this year’s show from previous years was the smaller quantity of bitcoin and crypto sponsors. While there was still a strong presence, previously smaller bitcoin and crypto booths appeared to have undergone a consolidation under large brand names like Ripple, SWIFT, and Mastercard. (Plus, we definitely didn’t see any FBI arrests and booth closures, à la 2021.)  The term “stablecoin” was more fondly referenced by those familiar with decentralized currency – something that undoubtedly reflected the sentiments of regulators and traditional banks in attendance.

Lastly, but perhaps most importantly (and we’re biased), there were A LOT of sessions and announcements around fraud prevention and consumer protection. Socure’s announcement of Sigma comes to mind, as well as Mastercard and Glenbrook’s “Fraudwatch:” MoneyPot podcast.

For more recaps of this year’s Money 20/20 USA show, check out these popular LinkedIn posts by Fintech movers-and-shakers:

• Money20/20 U.S.: Fintech Unveils Its Human Side by Nicole Casperson
• THOUGHTS AND OBSERVATIONS ON Money20/20 2023 (Part 1 of ?) by Ron Shevlin
• Money 20/20 USA 2023 Recap by Alex Jimenez
• Money 20/20 USA Open Banking AI Activity by Andrew Peter Davidson
• Money 20/20 Final Day by Khyati Sparkar
• CIO’s Money 20/20 Las Vegas 2023 Takeaway #1 by Marcin Dąbrowski
• LinkedIn post by BCG’s Bryan Comis
• A few takeaways from my conversations during Money 20/20 by Irana Wasti
• 5 Takeaways from Money 2020 We Think Everyone Should Know by Outpave’s Zach Ahlstedt 
• This Money 20/20 was one for the books. by Stephanie Scotto Amelotti
• Yet another Money20/20 Recap from a Newbie:
  Takeaways from 4 days in Vegas and looking ahead by Zarik Khan
• Money 20/20 USA coverage via The Fintech Times, with daily recaps by Polly Jeane Harrison:
  • Day 1
  • Day 2
  • Day 3
• Fraud Conference Attire – Who’s Wearing What? by Frank on Fraud’s Frank McKenna 

What are your thoughts about the show? Let us know on LinkedIn, X, or Facebook! See you next year!