How Much?! What’s at Stake in the Unsexy World of Wholesale Payments?

Episode notes

In this episode of Deciphered, Adam Davis, expert associate partner at Bain & Company, is joined by Erin McCune, expert partner at Bain & Company, Manish Kohli, head of global payments solutions at HSBC, and Thierry Chilosi, chief strategy officer at Swift, to discuss what’s at stake in the world of Wholesale Payments. Timestamps: 00:00 Introduction 04:07 What’s at stake in the world of Wholesale Payments? 08:06 Why are wholesale payments so important? 10:05 From the FI's perspective, what are the profit pools and ways of making money within wholesale payments? 14:51 How have wholesale payments changed in the last 10 years? What's driving innovation? 23:39 Will real-time payment networks lower the barrier to entry for new payment products? 29:00 What are the effects on working capital and liquidity with real-time infrastructures working 24/7? 33:48 Swift's modernisation journey - from telex to the new XML standards 36:57 How will Swift's new collaborations with Visa and Wise serve businesses and banks going forward? 38:38 What makes a successful partnership in the fintech space? 42:19 What will the wholesale payments industry look like in 15 years?

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