With the approaching 2025 deadline of ISO 20022 in the US, along with the launch of FedNow and increased demand for instant transactions, the world of payments is rapidly evolving. The question is: how can banks meet compliance demands and modernise payment systems while ensuring fraud and security is uncompromised and the value of enriched data is harnessed? From accelerating real-time payments to ensuring compliance with evolving regulatory frameworks, this roundtable discussion will explore the rapidly-approaching changes to payment ecosystems and how banks can best prepare.
Attend to gain insights on:
- How to navigate the ISO 20022 deadline and leverage the value of enriched data
- How to expedite payments readiness and modernize payment systems
- How to accelerate instant payments roll-out while mitigating fraud risk
Welcome and participant introductions
Scene Setter | FedNow real-time payments: what now, where next?
Discussion:
- Achieving real-time cross-border connectivity: where is the US on this journey?
- Intelligent routing, data security, API harmonisation: what are the biggest hurdles to developing seamless global payments today?
- Defining your ISO 20022 migration strategy: what are the key considerations, and how can enriched payments data be harnessed?
- A spotlight on FedNow: what will be the catalyst for increased adoption?
- Preventing instant payments from becoming instant fraud: how can advanced analytics help to counter fraud real-time to keep pace with the increasing speed of transactions?
- Readying for real-time connectivity: what new demands will instant settlement place on treasury teams?
- Managing the total cost of payments transformation: strategies for success
Closing remarks
(60 minutes)
Speaker:
Dan Gonzalez, Vice President and National Account Director for, Federal Reserve Financial Services
Dan Gonzalez is vice president and national account director for Federal Reserve Financial Services (FRFS) heading the FRFS National Account Program and is based out of the Federal Reserve Bank of Chicago. Gonzalez’s responsibilities include collaborating and engaging with the payments industry to define and prioritize system improvements that advance payment speed, efficiency, and security. He has overall responsibility for the Federal Reserve’s Financial Services relationships with the top 27 financial institutions in the country, as well as payment networks and service providers. Gonzalez spent the last several years working closely with key industry participants on their efforts to establish faster and more efficient payment systems. He has over 30 years’ experience in payments, sales, marketing and management in the financial services industry. Gonzalez is a graduate of Siena College (Loudonville, NY) and the Federal Reserve’s Business Development University. He resides in Charlotte, North Carolina.
Request an invitation
This roundtable is designed for senior figures working across banking and financial services.
Fill in this short form if you meet the above criteria and would like to participate in the discussion on 27 June. All invitation requests will be vetted and approved (or declined) by the organiser.
About Kyndryl
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To learn more, visit www.kyndryl.com
