"Expanded use of European payment systems and reduced red tape remain work in progress"
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Payment & Banking, an independent economic hub, is at the forefront of reporting, researching, and analysing the most significant topics within the payment, banking, FinTech, crypto, and digital assets industries. Led by a team of founders, investors, advisors, and editors, their mission is to deliver deeper insights and actively shape these industries.
Victoria Maier, a key figure at Payment & Banking, sees fintechs as the driving force behind a future revolution in the banking and payments sector. However, she believes that while fintechs hold immense potential, the large-scale transformation they promise has yet to fully materialise.
Maier emphasises the importance of secure, fast, and convenient payments worldwide, and she believes fintechs play a crucial role in improving these aspects of financial services. Yet, her perspective is one of measured optimism rather than an immediate disruptive upheaval, suggesting that fintechs are still in the process of reshaping the landscape rather than having completed this shift.
Maier is a proponent of reducing bureaucratic hurdles and expanding European payment methods to facilitate the revolution she envisions. In her hypothetical role as a finance minister, she would aim to immediately address these issues.
In her personal life, Maier uses Apple Pay for payments at the supermarket checkout. She is also an advocate for women in the industry, networking with other women through platforms like the K5X Female Circle and exchanging with former colleagues and team members. Even in her free time, she remains committed to ensuring less discrimination against women in the Payment and Banking industry.
Maier also sees the potential of artificial intelligence in combating tax evasion, optimising BaFin, and supporting startups. Her vision for the future is one where fintechs drive a banking revolution focused on efficiency and consumer-friendly payment processes, but she stresses that significant work remains to fully realise this potential.
In terms of her favourite finance apps, Maier prefers Trade Republic for trading stocks, N26 for daily purchases and tracking liquid assets, and Oskar for ETF plans. She is also an enthusiast of learning French, experimenting with new sports and studios, and optimising gluten-free recipes in her free time.
Payment & Banking's Victoria Maier advocates for the role of fintechs in revolutionizing the banking and payments sector, as she acknowledges their potential for improving secure, fast, and convenient payments worldwide (Bank, finance, business). In her role as a hypothetical finance minister, Maier would aim to reduce bureaucratic hurdles and expand European payment methods to facilitate this transformation (Bank, business).
