One of the key challenges finance departments face is connecting the various bits of data generated when money moves into or out of the business. This is especially true for small and midsize businesses. Although a profusion of digital payments providers has cropped up to help such companies, many systems generating data from money movement don’t talk to a company’s other systems—at least not well. In this episode of Talking Banking Matters, McKinsey payments sector leader Roshan Varadarajan speaks with Cosmin Pitigoi, CFO of Flywire, which offers a digital payment system has along with software integrations for linking payments to companies’ other systems.  

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Global payments in 2024: Simpler interfaces, complex reality
Unlocking value from technology in banking: An investor lens
Extracting value from AI in banking: Rewiring the enterprise
How to get a core banking transformation right: Eight mistakes to avoid 

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Read our Financial services blog: Banking & Securities Matters  

Discover our latest insights with our LinkedIn community of 9,000+ financial services professionals: McKinsey Financial Services  

Find all of our Financial Services insights on McKinsey.com 

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One of the key challenges finance departments face is connecting the various bits of data generated when money moves into or out of the business. This is especially true for small and midsize businesses. Although a profusion of digital payments providers has cropped up to help such companies, many systems generating data from money movement don&rsquo;t talk to a company&rsquo;s other systems&mdash;at least not well. In this episode of <a href="https://www.mckinsey.com/industries/financial-services/our-insights/talking-banking-matters">Talking Banking Matters</a>, McKinsey payments sector leader Roshan Varadarajan speaks with Cosmin Pitigoi, CFO of Flywire, which offers a digital payment system has along with software integrations for linking payments to companies&rsquo; other systems.&nbsp;&nbsp;
Related insights&nbsp;
<a href="https://www.mckinsey.com/industries/financial-services/our-insights/global-payments-in-2024-simpler-interfaces-complex-reality">Global payments in 2024: Simpler interfaces, complex reality</a> <a href="https://www.mckinsey.com/industries/financial-services/our-insights/unlocking-value-from-technology-in-banking-an-investor-lens">Unlocking value from technology in banking: An investor lens</a> <a href="https://www.mckinsey.com/industries/financial-services/our-insights/extracting-value-from-ai-in-banking-rewiring-the-enterprise">Extracting value from AI in banking: Rewiring the enterprise</a> <a href="https://www.mckinsey.com/capabilities/mckinsey-digital/our-insights/tech-forward/how-to-get-a-core-banking-transformation-right-eight-mistakes-to-avoid">How to get a core banking transformation right: Eight mistakes to avoid</a>&nbsp;
Follow our banking and payments sector insights: <a href="https://www.mckinsey.com/industries/financial-services/our-insights/talking-banking-matters">Talking Banking Matters</a>&nbsp;
Read our Financial services blog: <a href="https://www.mckinsey.com/industries/financial-services/our-insights/banking-matters">Banking &amp; Securities Matters</a> &nbsp;
Discover our latest insights with our LinkedIn community of 9,000+ financial services professionals: <a href="https://www.linkedin.com/showcase/mckinseyfinancialservices/posts/?feedView=all">McKinsey Financial Services</a> &nbsp;
Find all of our Financial Services insights on <a href="https://www.mckinsey.com/industries/financial-services/how-we-help-clients">McKinsey.com</a>&nbsp;
See <a href="http://www.mckinsey.com/privacy-policy">www.mckinsey.com/privacy-policy</a> for privacy information&nbsp;

Hear conversations covering the full spectrum of today's global financial services industry with industry leaders including payments, fintech, retail banking, and beyond. Get insight from peers who are tackling top-of-mind business challenges to lead their companies’ growth and transformation. 

Hear conversations covering the full spectrum of today's global financial services industry with industry leaders including payments, fintech, retail banking, and beyond. Get insight from peers who are tackling top-of-mind business challenges to lead their companies’ growth and transformation.