The Future of Payments – from cost to profit centre

Future of Payments – The One Way Route to Convergence


When:  Tuesday 17 June 2008 12.30 - 6pm
Where: Sun Customer Briefing Centre, 45 King William Street, London EC4 Map and Directions

Few would deny that the recent scale of change in the payments processing market have been phenomenal. The reasons for this are clear:
  • Increasingly competitive market: Broad scale adoption of European-wide regulations is creating not only a more level playing field but one that is densely populated and highly competitive, while the flurry of mergers and acquisitions continues unabated, resulting in the inevitable, ongoing challenge of effective consolidation.
  • One size does not fit all: Faced with an increasingly sophisticated customer, international banks must innovate multi-channel, real-time, value-add services to ensure future revenues and at the same time look to roll out a payments hub that is also flexible and scalable enough to respond to the needs of the emerging markets such as China, India and Brazil.
  • SWIFT, friend or foe? With SWIFT promoting its integration capabilities and business consulting services in general, is it set to become a major league player in service provision? And if so, is this an opportunity or a threat to the rest of us?

In terms of timing, whatever your view of SEPA, it has provided the ultimate business case for architectural change.

This unique combination of market forces seem to push inexorably towards convergence – opening up fantastic opportunities for those that are agile enough to embrace the new order. More pressingly, it presents a raft of challenges, not least ‘how do we do this?’

Join Sun Microsystems, EDS and Dovetail for an informed debate on how the industry is responding to these new challenges.

This half-day briefing will feature presentations from leading payments professionals from JPMorgan, HSBC, The Royal Bank of Scotland, SWIFT and VocaLink. The highlight of the afternoon will be our panel discussion, chaired by David Bannister, editor of Banking Technology where we will specifically look at high value low value payments and how the twain shall meet.

Registration for this event is free, but places are limited.
If you are unable to attend but would like to know more, please telephone +44 20 3100 3595.

 
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