In today's financial industry, speed is critical. And in the world of payments, instant payments have become the new norm. With real-time payments becoming available in most economies around the world, it's clear that the future of payments is instant.
However, it's not just about making payments faster. Instant payments offer a wide range of possibilities that financial institutions must consider. Increasingly, instant payments have shifted cross-border with bilateral, multi-lateral, 3rd party supported cross-border linkages making cross-border payments faster, better, and cheaper. In addition, the industry is leveraging instant payments to create new value-added services like embedded finance to create new revenue streams for banks.
But in order to take advantage of these opportunities, financial institutions must be prepared. They need to have the right platform in place to handle the increased volume of payments and offer the necessary services. They also need to consider the commercial implications of instant payments, ensuring they can generate revenue while still providing value to their customers.
In the Instant Payments: Collaboration, Innovation and Growth webinar from Kapronasia in collaboration with Finastra, we look at some of the key trends in instant payments and how the landscape will change in the future.
Panel Discussion: Instant Payments: Collaboration, Innovation, and Growth
Date: August 10th, 2023
Time: 3PM SGT/HKT
- Nish Dharmaratne, Managing Director, Global Head of Product for Global Transaction Banking Business, West Pac
- Rufaida Banoobha, Head/Payments, South Africa, Standard Bank
- Naveen Gupta, Business Development, APJ Leader, AWS
- David Brown, Head of APAC Payment GSC, Finastra
- Moderator: Zennon Kapron, Founder and Director, Kapronasia
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