Collaboration is the name of the game in payments, as banks and fintech start-ups begin to work closer together in shaping the payments infrastructure of the future
In an interview with The Banker, Christian Westerhaus of Deutsche Bank, Avi Ifergan of Bank Leumi, Francois Masquelier of RTL Group and Stephen Lindsay of SWIFT talk about the payments industry in transformation and the challenges it is facing today.
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Chapter 1 – The challenges facing the payments industry
Data, security, technology and regulation are some of the key issues to address, says Christian Westerhaus, Global Head of Product and Strategy, Institutional Cash Management, Deutsche Bank.
Chapter 2 – Digitalisation and disintermediation in the payments industry
New fintech companies are both challenging the banks and providing opportunities, says Avi Ifergan, Head of Financial Institutions at Bank Leumi.
Chapter 3 – What are the expectations from a corporate treasury perspective?
Cost and efficiency are key for Francois Masquelier, Head of Treasury and Enterprise Risk Management, RTL Group.
Chapter 4 – Market infrastructures: are they fit for purpose?
Swift's Head of Standards, Stephen Lindsay, says that keeping up with expectations will require focus and hard work.
Chapter 5 – The payments industry in transformation – key takeaways
Deutsche Bank’s Christian Westerhaus, Global Head of Product and Strategy, Institutional Cash Management, says that collaboration is the way forward.
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