Leading banks and market infrastructures are placing an increased focus on adopting new payment rails to meet corporate customer demands for real-time payment solutions. We need to look no further that the EU Commission’s proposed mandate to ensure all EU & EAA citizens can receive instant payments within 6 months of the legislation being passed (12 months to send), SIC Instant Payments in Switzerland, new FedNow proposals and developments for the New Payments Architecture in the UK. Either way, financial institutions are becoming more aware of how real-time payments is driving global economies, as the world becomes more focused on global cross-border trade.
Another important element to meeting customer demands is streamlining real-time payment processes to focus on cashflow and revenue services, as well as retaining resilience and fraud prevention.
Join our panel as they examine:
- What are the key benefits and use cases offered for real-time payments and how do they vary globally?
- How can financial institutions leverage these benefits and stand out against competition?
- How important is payments infrastructure modernisation?
- What is driving the demand for real-time payments from corporates?
- Why is the provision of enhanced cash positioning functionalities to corporate clients a priority for financial institutions?
- What role should risk and compliance play in new instant payments initiatives?
Speakers:
Gary Wright - Head of Research, Finextra [Moderator]
Frédéric Viard - Head of Product – Instant Payments, Securities and Data & Analytics, Bottomline Technologies
Judy Bei - Managing director, Global Head of Domestic Payments & Receivables Product - Citi
Vijay Anand - Head – Products, Digital Payments & Payments Processing, AP-EEMEA, Mastercard.
Mark B Hartley - Head of Cards and Payments International, Infosys
