What will Arthur, Jolanda and Andrew be discussing? Find out below.
Topics covered:
- What does instant payments really mean, how is it defined and what is being done in your region?
- What are the drivers at a consumer, corporate and banking level for instant payments in Europe?
- Mass adoption is key to the future of instant payments, what is preventing this mass adoption or slowing it down?
- How do we prevent a situation where participants are not overfunding and have a system where this is managed on an ongoing basis?
- What are the potential additional impacts on back office processes within a bank I.e. sanctions, AML, liquidity for entering the instant market? How are these challenges overcome?
- Target2 is limited only to credit institutions, can we see the logic in this or would a more liberal approach like the bank of England has to regulated entities be preferable?
- In Form3 terms would this be classed as a direct non-settling participant model?
- What does the landscape look like globally for appetite to migrate to faster payments?
- What are the existing payment processes and how do you see SADC starting to interact with other instant initiatives globally?
