global payments workshop
Link to workshop: https://glenbrook.com/insight_workshops/global-payments/
Agenda:
- Country Payments Systems
- What is a domestic payment system?
- How countries run their payments systems
- Commonalities and differences among countries
- Global shift to instant, credit push payments, and other payments trends
- Country Spotlight – India Payments Landscape
- Innovator’s Spotlight – Paytm
- Correspondent Banking and its Challengers
- How sending money from one country to another works
- International Wires, Correspondent Banking, and SWIFT
- Economics – End-to-End Fee Analysis of an International Wire
- Overview of Challengers – Global banks, SWIFT gpi, Global ACH, Regional Systems, RippleNet
- Cross-Border Card Processing
- Cross-Border Card Payments – Flows, Economics, and Implications
- Dynamic Currency Conversion – Flows, Economics, and Relevant Rules
- Multi-Currency Pricing
- Multi-Currency Specialists and Processors
- Cross-Border Use Cases – Supplier Payments
- How businesses pay suppliers across borders
- Cross-currency and same-currency payments
- Enterprise attitudes towards bank and non-bank solution providers
- Incumbents and challengers – Ariba, Cambridge Global Payments, Flywire, and Veem
- Cross-Border Use Cases – eCommerce
- Global PSPs – models and value proposition
- General approach to domestic payment methods
- Examples of “Alternative Payments” in local context – IDEAL and Boleto Bancario
- Incumbents and challengers – Worldpay and Digital River
- Cross-Border Use Cases – Payouts
- How enterprises pay employees, contractors, developers and publishers in multiple countries
- The challenges of reaching developing countries
- Incumbents and challengers – Payoneer, Tipalti, and Hyperwallet
- Cross-Border Use Cases – International Remittances
- P2P remittances corridors
- Formal and informal remittance systems
- Key players and challengers – Western Union, Xoom, TransferWise, and BitPesa
- Crossing Over – Domestic Payments Systems Go Global
- Regional Enablers – Klara, Paytm, M-Pesa, GrabPay, and WeChat Pay
- Innovator’s Spotlight – Alipay