The IIF hosted an in-person Roundtable on Payments and Technology on October 17, from 11:00 am - 3:30 pm in partnership with Visa at their Innovation Centre in Frankfurt, Germany. This session explored pressing considerations for the financial services industry and the public sector as they work together to lower costs, improve transaction speeds, and increase transparency in cross-border payments. At the same time, stakeholders are looking for ways to maintain the soundness and security in global payments that customers have come to expect.
This forum highlighted leading voices and diverse perspectives from across the financial services ecosystem. We explored payments innovation, emerging technology applications and risks, and oversight and governance considerations prompted by these changes. This session covered the following topics:
+ Maintaining customer trust in a transforming payments landscape – Protecting customers and data throughout the payments lifecycle, while guaranteeing a smooth user experience, in multi-party ecosystems
+ New solutions for fraud prevention, data and cyber security – Applying emerging technologies, such as artificial intelligence, to securing data and payments
+ Public sector initiatives and private sector priorities – Enablers and impediments to delivering the G20 Roadmap building blocks, ISO 20022 harmonization, and efficient oversight of cross-border transactions
If you are interested in the IIF’s cross-border payments work or have any questions, please contact Emma Handel at [email protected].