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For decades banks have been at the centre of the cross-border payments market and have gone largely unchallenged.
In recent years, more and more players are emerging in this space, eyeing a piece of the US$ 156 trillion pie.
While these players are mostly focused on consumer markets and low-value B2B markets, things are slowly shifting as they attempt to move up the value chain.
How can banks stay competitive in this new environment?
• Emerging technology and standards in the cross border payments space
• Analysing the competitive landscape
• Roadmap for the future
Panelists:
• Atul Bhuchar, Group Payments Head, Global Transaction Services, DBS
• Andrew McCormack, Centre Head of the Singapore Innovation Hub, Bank for International Settlements (BIS)
• Venkatesh Saha, Head of APAC Expansion, Wise
• Eli Shoshani, Head of APAC, Bottomline