Perception vs. reality: Who "wins" in the future of cross border payments?

Who will capture the most value in the cross-border payments ecosystem in the coming years? With new emphasis on instant payments and emerging rails, who stands to win the war for market share, and what models/protocols will be at the nexus of the new era? How do non-banks view this change and the opportunity ahead vs. the big banks and incumbent payment providers? Is “Coopetition” the new reality and interoperability the key to winning business? Where are the opportunities and where must businesses focus on winning in the next 5 years?  

This live panel from Money2020 in Las Vegas is guest hosted by David Birch, of Consult Hyperion, and features Jody Visser, COO of Convera, Rich Clow, SVP Emerging Payments for Bank of America, Pankaj Sharma, Head of Remittances at Remitly, and Tom Dye, Managing Director & Partner for Payments, Boston Consulting Group.

Disclaimer: Converge is Convera’s new podcast that discusses a range of financial services topics. We want to remind our listeners that the information shared on this podcast is for informational purposes only and should not be considered financial advice. Please note that the opinions expressed on Converge are solely the opinions of the host and the guests, not Convera’s.