Cross Border Payments: Disrupting a Trillion Dollar Industry

For decades banks have been at the centre of the cross-border payments market and have gone largely unchallenged.
In recent years, more and more players are emerging in this space, eyeing a piece of the US$ 156 trillion pie.
While these players are mostly focused on consumer markets and low-value B2B markets, things are slowly shifting as they attempt to move up the value chain.
How can banks stay competitive in this new environment?
• Emerging technology and standards in the cross border payments space
• Analysing the competitive landscape
• Roadmap for the future
Panelists:
• Atul Bhuchar, Group Payments Head, Global Transaction Services, DBS
• Andrew McCormack, Centre Head of the Singapore Innovation Hub, Bank for International Settlements (BIS)
• Venkatesh Saha, Head of APAC Expansion, Wise
• Eli Shoshani, Head of APAC, Bottomline

[@MrBabug1]

Great job Atul ! - You summed up all the transformative experiences in the digital payments and real time payments in one line - " When wind blows some people build walls some people build windmills" ; DBS has gone a long way in bringing this sea change in the global payment initiative. Never before payments have been so easy and real time! We are in for a good time in this digital payment revolution especially with fast, safe and compliant cross border payments! With every crisis comes an opportunity and the windmill change!!

[@justinakajc]

Bank are becoming block buster :)

[@recordplayerIII]

Trying to solve something Jack Mallers and Strike have done already? That's just silly