The Journey To Instant and Frictionless Payments

Summary

The financial services industry is facing rapid change and payments are at the forefront of this transformation. As we move towards a ‘digital first’ economy, banks are re-evaluating their business models and leveraging the latest technologies to deliver the fast, transparent, and seamless payments experience that their customers now expect. To help our global community respond to these challenges and develop a new generation of payments products and services, SWIFT is working hard to deliver an exciting strategic roadmap that is set to enable instant, frictionless cross-border, account-to-account payments.

In this session, we will focus on: 

• Understanding how the payments landscape is changing and what the industry needs to do to keep up 
• Highlighting the role of SWIFT in supporting the industry towards instant and frictionless payments 
• Exploring market dynamics and key focus areas that SWIFT can support along this journey