A Future of Finance Webinar 15 February at 2pm UK time There is widespread agreement that cross-border payments are too expensive, too slow, too closed, too opaque and too risky. For once, a combination of pressures – political, regulatory, risk-based, technological, entrepreneurial and geopolitical – make it more rather than less likely that the incumbentsContinue reading “The status quo in cross-border payments looks to be on the verge of collapse”
Tag Archives: Payments
What we need is a monetary revolution not a payments revolution (10 February 2022)
A Future of Finance webinar with Payment Professionals, Banks, Central Banks, Settlement Organisations, Technology Companies, Public Policy Makers and Regulators Thursday February 10 at 2pm UK time This year marks the twentieth anniversary of the PayPal IPO. At the time, the failure of the conventional payments industry to respond to the epic potential of e-commerceContinue reading “What we need is a monetary revolution not a payments revolution (10 February 2022)”
IT’S TIME TO FIX CROSS-BORDER PAYMENTS (28 September 2021)
It’s time to fix cross-border payments FUTURE OF FINANCE CROSS-BORDER PAYMENTS WEBINAR WITH PAYMENTS INDUSTRY LEADERS TUESDAY SEPTEMBER 28 AT 2PM UK TIME Cross-border payments are notoriously expensive. They are also slower, less reliable and less transparent than domestic payments, in which transfers are now (or soon will be) both instant and instantaneously visible. OneContinue reading “IT’S TIME TO FIX CROSS-BORDER PAYMENTS (28 September 2021)”
The payments innovation illusion: why so few are getting so rich by changing so little Article
The curious thing about innovation in payments is that the only market participants to be damaged by it are the banks, and even they are still very much in business. All that appears to have happened is that the card networks and a select group of rapidly scaling FinTechs and their investors have become enormously wealthy by cherry-picking low cost, high margin payments business from the banks. Is payments innovation not actually the transformative phenomenon we are always being told it is?
Mapping the digital payments revolution Summary
SUMMARY AND FULL REVIEW OF THE DISCUSSION AT THE WEBINAR ON 8 JUNE 2020 PART I
Former SWIFT CEO Gottfried Leibbrandt and Natasha de Teran discuss their newly published study of the payments industry (29th June 2021)
If you have ever wondered how the global payments industry has made some people very rich indeed, read The Payoff, the new book by former SWIFT CEO Gottfried Leibbrandt and former SWIFT Head of Corporate Affairs Natasha de Terán, published on 1 July.
The payments innovation illusion: why so few are getting so rich by changing so little
The curious thing about innovation in payments is that the only market participants to be damaged by it are the banks, and even they are still very much in business. All that appears to have happened is that the card networks and a select group of rapidly scaling FinTechs and their investors have become enormously wealthy by cherry-picking low cost, high margin payments business from the banks. Is payments innovation not actually the transformative phenomenon we are always being told it is?
MAPPING THE DIGITAL PAYMENTS REVOLUTION (8TH JUNE 2020)
MAPPING THE DIGITAL PAYMENTS REVOLUTION (8TH JUNE 2020) A FUTURE OF FINANCE WEBINAR WITH PAYMENTS INDUSTRY LEADERS Monday 8th June 2020 2.00pm – 3.00pm UK time The old world of payments is dying, but the new world payments is struggling to be born. Around the world, the symptoms of an industry undergoing change are evident in growing pressureContinue reading “MAPPING THE DIGITAL PAYMENTS REVOLUTION (8TH JUNE 2020)”