Past sibos: Singapore 2015

Re-inventing correspondent banking

13 October 2015
10:15 to 11:15
Main conference session Conference room 4
Global Head of Payments & Receivables
Citi
Head of Correspondent Banking and USD Payment and Clearing
BNP Paribas
Executive Vice President, Head of Global Payment Services
Wells Fargo
Executive Director
The Sorenson Center for Discovery & Innovation at the University of Utah
Director in the Business Technology Office
McKinsey & Company
General Manager Group Payments Management
ANZ

The move towards real-time payments, stricter compliance requirements and open access to bank accounts are some of the market drivers that create a fertile ground for new entrants in the payments market. In recent years, an increasing number of fintech companies have entered the payment market, frequently pitching for the low-value person-to-person payments segment, but increasingly going up the value chain and offering alternative payments models to traditional correspondent banking at every level. Have we reached a tipping point where we need to fundamentally rethink the correspondent banking model? How can banks keep their position as a secured and reliable payments channel while answering clients’ needs and fostering innovation?

Stream
Payments
Main conference session
13 October 2015
10:15 to 11:15
Main conference session Conference room 1
Main conference session
13 October 2015
10:15 to 11:15
Main conference session Conference room 2