global payments workshop

Link to workshop: https://glenbrook.com/insight_workshops/global-payments/

Agenda:

1. 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

2. 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

3. 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

4. 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

5. 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

6. 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

7. Cross-Border Use Cases – International Remittances

• P2P remittances corridors
• Formal and informal remittance systems
• Key players and challengers – Western Union, Xoom, TransferWise, and BitPesa

8. Crossing Over – Domestic Payments Systems Go Global

• Regional Enablers – Klara, Paytm, M-Pesa, GrabPay, and WeChat Pay
• Innovator’s Spotlight – Alipay