Cross Border Payments: Disrupting a Trillion Dollar Industry
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- Опубліковано 26 сер 2024
- 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
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!!
Bank are becoming block buster :)
Trying to solve something Jack Mallers and Strike have done already? That's just silly