16 April, 2024
Brief Agenda US
08:00
08:30
08:55
08:55
09:00
08:55 – 09:00
Dean Nolan | Managing Director | SRM (Strategic Resource Management) (Conf. Chair)
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Dean Nolan
SRM
(Conf. Chair)
09:00
09:00
09:10
09:00 – 09:10
In this 10-minute networking session, the goal is to connect with three new people. Let the questions on the screen spark your conversation. Exchange cards and enjoy the opportunity to expand your network!
09:10
10:10
09:05 – 10:10
- Current State of Instant Payments in US.
- Consumer Adoption of Instant Payments: Trends and Barriers.
- Rapid adoption of real-time payment systems
- Key challenges of implementing instant payments at scale.
- With FedNow, RTP, and Zelle – have we reached the tipping point for U.S. instant payments?
- ROI: What are the primary sources of revenue for instant payments?
- How corporates are creating new revenue streams through instant payments?
- What are the top use cases— Gig Payments, loan disbursements and payroll processing?
- What remains the significant barrier to adopting instant payments?
- How can financial institutions overcome interoperability challenges?
- Market fragmentation: ACH, Fedwire, RTP, FedNow, SWIFT
- How market fragmentation has impacted the payments adoption?
- Examples of financial institutions successfully implementing payment hubs
- How a centralized platform can integrate multiple payment rails?
- How different compliance requirements across states add to the complexity?
- Strategies for overcoming fragmented market landscape
- How Banks & FinTechs are teaming up to offer seamless instant payments?
- Why modernizing legacy systems is the need of the hour?
- How technological advancements, Open Banking/ APIs is driving Instant Payments?
- Role of digital wallets and mobile payment solutions as the primary method of consumer transactions
- Projected Growth? Future of cross-border instant payments and Global B2B Transactions
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Gretchen Rodríguez
TD Bank
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James Colassano
The Clearing House (tbc)
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2 Senior Executive
Banks
> -
Dean Nolan
SRM(Panel Moderator)
10:00
10:10
10:35
10:10 – 10:30
- Creating a seamless and efficient payment ecosystem.
- How Instant Payments are Shaping Consumer Expectations?
- Building the Infrastructure for Instant Payments: A Fintech Playbook.
- API-Driven Real-Time Payments: Unlocking New Business Models
- Monetizing Real-Time Payments: New Revenue Streams for Fintech Companies.
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Senior Executive
Available for Title Sponsor
10:35
11:00
10:30 – 10:50
- FedNow: Latest Update on growing momentum since its launch
- ROI and managing risk with the FedNow® Service
- Use Case Opportunities: Digital wallets, Earned wage access, Bill pay
- Looking into the future, how to obtain ubiquity in payments
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Allison Baller
Federal Reserve (TBC)
11:00
11:00
11:20
- How the transition to instant payments is reshaping the financial landscape?
- How technologies like APIs, Blockchain, and Gen AI that are transforming U.S. payment systems.
- How the U.S. can stay competitive in the global real-time payments race.
- Case studies of successful partnerships driving change in the U.S. payments landscape.
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Mike Jorgensen
U.S Bank
Director, Industry Relations |
11:20
11:50
11:50
11:30
11:10 – 11:30
Investigate how AI and machine learning algorithms can provide real-time fraud detection and prevention in instant payments, safeguarding against evolving threats while ensuring a seamless customer experience.
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Senior Executive
Available for Gold Sponsor
12:00
12:10
12:30
- Current state of play of A2A & P2P Payments in U.S.
- What is the role of A2A payments in B2B and C2B e-commerce and wallets in US?
- Where is A2A payment more effective than card settlement, & what challenges exist?
- How does open banking impact A2A and P2P payments, and what opportunities arise for banks?
- How can real-time solutions drive adoption and benefit consumers and businesses?
- What are the challenges and opportunities in scaling cross-border remittances?
- What opportunities and security improvements exist for real-time P2P and A2A payments?
- How can instant A2A payments improve remittances for the underbanked?
- What role do AI and biometric authentication play in securing real-time payments?
- What regulatory challenges & trends will shape the scaling of instant A2A payments in the U.S.?
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Chris Urban
Mastercard (tbc)
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1 Senior Executive
Available for Bank
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Katherine Wong
Independent (Panel Moderator)
Vice President, Global Payment Strategy |
12:30
13:00
The IPS International Demo and PayTech Awards! Here we will showcase five shortlisted PayTechs which are making a big impact in the payments space. No PPTs, No Videos, Pure Pitch! Let’s witness their cuttingedge solutions about one of their star products that are making a big impact.
13:00
13:00
14:00
14:00
14:00
15:00
14:00 – 14:45
- Understanding the Landscape of Cross-Border Payments.
- Key differences & challenges between cross-border & domestic payment systems.
- How can banks cut costs and speed up cross-border payments?
- How can banks manage risks while using block chain and crypto in cross-border payments?
- What key features should U.S. banks adopt for SWIFT GPI in cross-border payments?
- How can banks streamline AML/KYC to speed up cross-border transactions?
- What will CBDCs’ impact be on cross-border payments, and how should banks adapt?
- How do global regulatory variations affect cross-border payments?
- The Role of ISO 20022 in Revolutionizing Payments
- How does ISO 20022 enhance financial transactions and customer experiences?
- Technological innovations shaping the future of cross-border payments.
- Impact of central banks and third-party providers on cross-border payment policies.
- New Segment: Deep Dive into Industry Challenges and Solutions.
- Key takeaways : ISO 20022, Cross-Border Payments, Global Transaction Trends.
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Marcos Cameron
Swift
Global SPOC for ISO 20022 & Transaction Manager
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Richard Dooley
Fifth Third Bank
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Janice Ong
UNFCU
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1 Senior Executive
Available for Bank
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David Jackson
Marketcy (Panel Moderator)
15:00
15:00
15:20
15:00 – 15:25
Open banking has given rise to Pay by Bank (PBB), which promises to modernize ACH payments, making for a frictionless, secure payment experience for merchants and consumers. In this session, we’ll explore how a platform can enable consumers to authorize trusted merchants and billers, as well as how open banking can improve ACH payments.
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Senior Executive
Available for Silver Sponsor
15:20
15:40
15:25 – 15:45
- How ISO 20022 aligns different payment systems, facilitating smoother cross-border transactions;
- ISO 20022: Enhancing Transparency for Customer Service Excellence.
- The benefits of standardized data fields that eliminate data loss and ensure clear messaging;
- How ISO 20022 prepares existing payment systems to maintain their relevance.
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Senior Executive
Bank
16:00
16:10
16:30
16:10 – 16:30
- AI is transforming the instant payments landscape by enhancing operational efficiency, fraud detection, and customer experience. This session explores how AI drives modernization in payment systems, focusing on the infrastructure needed for scalability and robust security. Discover best practices for leveraging AI to optimize payment workflows, secure transactions, and ensure compliance while scaling to meet growing demands.
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Senior Executive
Bank
16:10
16:30
16:05 – 16:10
- How is AI/ML revolutionizing fraud detection in the world of instant payments?
- AI’s role in anti-fraud: How is it set to double its impact in the next two years?
- What are the biggest hurdles for banks when integrating AI/ML into fraud prevention strategies?
- How can AI and ML supercharge AML/KYC compliance in the fast-paced instant payments ecosystem?
- Why are CNP transactions prime targets for fraud, and how is AI stepping up to the challenge?
- How are digital overlays leveraging AI/ML to fortify security and fight fraud in Instant Payments?.
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Senior Executive
Bank
16:50
17:10
- How can AI and machine learning revolutionize fraud detection in real-time payments?
- What are the best practices for implementing advanced authentication methods to enhance security?
- How do you balance transaction speed with robust consumer protection measures?
- What strategies can financial institutions adopt to mitigate emerging risks in instant payments?
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Senior Executive
Bank
17:00
17:10
17:30
- How can instant payments optimize merchant settlements and reduce friction in the BNPL process?
- What role do real-time payments play in minimizing fraud and enhancing security in BNPL transactions?
- How can instant disbursements improve consumer trust and satisfaction in BNPL services?
- What are the regulatory implications of integrating instant payments into the BNPL model?
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Senior Executive
Bank
17:30
17:35
17:35
18:10
Continue the conversations in a fun and entertaining way.