Talking Banking Matters

After growing technology businesses at every stage and across different industries, Daniel Marovitz joined Booking.com to introduce payments into its then-basic hotel-booking service. As senior vice president of fintech, Marovitz is enabling the company to achieve its vision to remove financial friction from travel. His cross-functional team focuses on the financial systems, payment solutions, and innovative financial products that strengthen Booking.com’s position as the platform of choice for customers worldwide to arrange lodging, transportation, and more. In this episode, he speaks with McKinsey partner and payments industry expert Uzayr Jeenah about what makes transactions especially complex in the travel industry and how streamlining payments eases customers’ pain points.
Related insights
The 2025 McKinsey Global Payments Report: Competing systems, contested outcomes
Guardrails for growth: Building a resilient payments system
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In this preview of our 2026 Global Banking Annual Review, we provide a glimpse of banks’ continued strong results in 2025; the emergence of a new world map; the tipping point for customer ownership; and the unprecedented pace at which AI is remaking the industry, prompting banks to accelerate their precision strategies and evolve into multispeed organizations.
Read the full Chapter now: Global Banking Annual Review 2026: Precision with speed
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When Nigel Morris and his cofounder, Frank Rotman, started QED Investors in 2007 to support high-growth financial technology companies, the fintech world was just beginning to blossom. Today, QED is a leading venture capital firm specializing in early-stage and growth fintechs, backing more than 250 portfolio companies. The firm provides hands-on operational support, backing fintech start-ups in lending, payments, insurance, and banking. In this episode, Nigel speaks with McKinsey partner and payments industry expert about how the fintech landscape is shaping up in the face of AI and a younger demographic.
Related insights
The next age of fintech: AI, digital assets, and new paths to success
McKinsey Insights on Financial Services
Global Banking Annual Review
Stablecoins in payments: What the raw transaction numbers miss
Financial services: M&A bounces back, with scale and capabilities at the center
Follow our banking and payments sector insights: Talking Banking Matters
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
See www.mckinsey.com/privacy-policy for privacy information
See www.mckinsey.com/privacy-policy for privacy information

The blockchain-based fintech Circle is perhaps best known as the issuer of USDC stablecoins, but the company is much broader than that. In the words of its leaders, Circle seeks to build a foundational economic operating system for an AI-driven digital economy running on a blockchain-based payments infrastructure. In this episode Circle CFO Jeremy Fox-Geen speaks with McKinsey partner and payments industry expert Matt Higginson about the effect of the passage of 2025’s Genius Act on the future of stablecoin innovation, sources of future value, and how his background in philosophy informs his work and leadership style.
Related insights
The 2025 McKinsey Global Payments Report: Competing systems, contested outcomes
Guardrails for growth: Building a resilient payments system
The stable door opens: How tokenized cash enables next-gen payments
Global Banking Annual Review 2025: Why precision, not heft, defines the future of banking
After the surge: Tien‑Tsin Huang on the future of payments
The future of the payments industry: How managing risk can drive growth
Follow our banking and payments sector insights: Talking Banking Matters
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
See www.mckinsey.com/privacy-policy for privacy information
See www.mckinsey.com/privacy-policy for privacy information

The longtime business payments company seeks to transform B2B money movement and related activities, creating new revenue streams and better cashflow.
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