Draft Agenda
PAYMENTS INNOVATION ALLIANCE MEETING 7-8 JUNE, 2018 Grand Hotel Kempinski Geneva – Geneva, Switzerland
DRAFT AGENDA (Subject to change)
Thursday, 7 June Dress – Business Casual
TIME 6:30-9:00
TOPICS AND SPEAKER(s) Breakfast II Vero Restaurant A European Champagne Kempinski buffet breakfast is available for those guests staying at the Grand Hotel Kempinski Geneva.
8:00-3:00
Registration Ballroom Foyer C
9:00-9:10
Welcome Remarks Ballroom C Stephanie Prebish, Senior Director, Payments Innovation Alliance, Education & Accreditation
9:10-10:00
Keynote – Instant Payments in the Netherlands Ballroom C In May 2015 the Dutch Payments Association publicly announced the Dutch banks’ ambition to make instant payments possible in the Netherlands by May 2019. This initiative has resulted in the creation of a new infrastructure that will be designed to support all payment products both single and batch payments, irrespective of their channels between all parties. The infrastructure is intended to be compliant with Instant Credit Transfers and feature additional elements regarding speed, value limits and include an ability to support instant payments. Less than one year before implementation Mr. Boudweijn will provide an update on the initiative and how he envisions this change will impact the global payment landscape. Speaker: Gijs Boudewijn, Deputy General Manager, Dutch Payments Association & Chairperson, Payment Systems Committee of the European Banking Federation
10:00-10:45
Examining the European Regulatory Environment Ballroom C Mr. Schmudde will share Bundesbank`s thoughts about the regulatory landscape in Europe including PSD2, instant payments and more. The presentation will feature an interactive discussion with meeting participants. Speaker: Matthias Schmudde, Head of Payments Division, Bundesbank
NACHA’s Alliance membership meetings follow the Chatham House Rule: "When a meeting, or part thereof, is held under the Chatham House Rule, participants are free to use the information received, but neither the identity nor the affiliation of the speaker(s), nor that of any other participant, may be revealed." This allows for a more candid and open discussion without worrying that opinions will be attributed to individuals or their employers. 1
10:45-11:30
International Air Transport Association: Innovating to Increase Payment Flexibility Ballroom C Mr. Rodriguez will discuss the innovative payment developments that are becoming a reality with the implementation of IATA’s New Generation of IATA Settlement Systems (NewGen ISS). Last year, IATA’s systems securely settled some $236 billion in ticket sales sold via travel agents. NewGen ISS is delivering faster, safer and more cost effective and relevant financial settlement services and solutions to airlines and travel agents. It also provides additional possibilities to facilitate payments in the near future leveraging on blockchain technology and PSD2 regulations. Speaker: Juan Antonio Rodriguez, Director Operations, Financial and Distribution Services, International Air Transport Association (IATA)
11:30–11:45
Break Ballroom Foyer C Member Patron
11:45–12:45 pm
Regulatory Round Tables: Lessons Learned Amongst Geos Ballroom C Regulatory reform in the payments industry is not limited to the U.S. Central Banks across the globe are impacted by legislative actions and these changes require planning and implementation within varying time frames. Are there lessons that can be learned when examining how other geos have reacted to these directives? This series of roundtables invites members to discuss how directives such as SEPA, GDPR, and ISO 20022 have influenced the global financial industry.
12:45–1:45 pm
Luncheon
1:45–2:30 pm
Faster Payments Reality in Europe & the Future of Cross Border Payments
Leman ABC (2nd Floor)
Ballroom C As the work of the International Payments Framework Association (IPFA) comes to a close, Mr. Steinbach, Chairman of the IPFA reflects on how their work might impact the next wave of payments innovation. Mr. Steinbach will examine other current initiatives and offer his opinions on how those may benefit from the lessons learned during the tenure of the IPFA. Speaker: Michael Steinbach, CEO & Chairman, Equens Worldline
2:30–3:30 pm
Fintech Panel TBD Ballroom C This panel will bring together stakeholders from some of the world’s leading technology providers and innovators. Innovators will take a few minutes to introduce their service or product and will then join in a lively discussion regarding today’s tech scene and how they see their products contributing to the payments industry. Moderator: Jochen Siegert, COO, Traxpay
NACHA’s Alliance membership meetings follow the Chatham House Rule: "When a meeting, or part thereof, is held under the Chatham House Rule, participants are free to use the information received, but neither the identity nor the affiliation of the speaker(s), nor that of any other participant, may be revealed." This allows for a more candid and open discussion without worrying that opinions will be attributed to individuals or their employers. 2
3:30-3:45 pm
Refreshment Break Ballroom Foyer C
3:45–4:30 pm
The Future of the RT1 Infrastructure Ballroom C In this session, Katja Heyder will give an overview on EBA CLEARING’s pan-European real-time payment platform RT1, which went live in November 2017 and processes SEPA Instant Credit transfers. RT1 extends reach to close to 600 payment service providers from over 10 EU countries. Ms Heyder will take a look back at the project delivery and give an outlook on the evolution of European instant payments. Speaker: Katja Heyder, Regional Representative, EBA Clearing
4:30–5:05 pm
What Will the AFP Fraud Study Results Mean to Payments? Ballroom C The U.S. based Association for Financial Professionals recently released their Payments Fraud and Control Survey. 78 percent of survey participants reported their organizations were exposed to either attempted or actual payments fraud in 2017. This represents a 4 percentage point increase from 2016 and a troubling new record high. Mr. Carlsson will share information on the findings and provide insight into what the new data suggests about the state of the payments industry in the U.S. Speaker: Magnus Carlsson, Manager Treasury & Payments, Association for Financial Professionals
5:05-5:10 pm
Final Thoughts and Closing Remarks for Day One Ballroom C
5:30-6:30 pm
Networking Reception Leman ABC (2nd Floor) Member Patron
7:00 pm
No-Host Dinner – Meet Up Alliance members and guests will meet in the lobby and walk to dinner. Join us to catch up with old industry friends or make new ones!
NACHA’s Alliance membership meetings follow the Chatham House Rule: "When a meeting, or part thereof, is held under the Chatham House Rule, participants are free to use the information received, but neither the identity nor the affiliation of the speaker(s), nor that of any other participant, may be revealed." This allows for a more candid and open discussion without worrying that opinions will be attributed to individuals or their employers. 3
Friday, 8 June Dress – Travel Casual
TIME 6:30-9:00
TOPICS AND SPEAKER(s) Breakfast II Vero Restaurant A European Champagne Kempinski buffet breakfast is available for those guests staying at the Grand Hotel Kempinski Geneva.
8:30-10:00
Registration Ballroom Foyer C
9:00-10:00
The Future of Payments Within an Interconnected Smart City Global Infrastructure Ballroom C What will an interconnected smart city entail and what kind of infrastructure is needed to power payment rails as well as movement of data? Ms. DePierro examines these questions while considering potential obstacles surrounding determination of the “chicken or the egg” bottleneck of whether to prioritize the transfer of data or the payment itself. The panel will also discuss how the infrastructure would be funded for both development and maintenance as well as potential security issues. Speakers: Denyette DePierro, Vice President & Senior Counsel, American Bankers Association, Charlotte Branfield, SVP, Head of Information Security Policy, Citibank (invited) and Sameer Sharma, Global GM (Smart Cities IOT Solutions), Intel (invited)
10:00-10:20
Refreshment Break Ballroom Foyer C
10:20–11:00
Exploring the Swiss Payments Landscape Ballroom C The Swiss payments landscape is currently undergoing a state of harmonization of payment transactions. Mr. Miehling provides insight into the evolution of ISO 20022 as well as how other initiatives such as electronic invoices, retail instant payments and open banking APIs may impact the overall global payments landscape. Speaker: Carsten Miehling, CEO, PPI Schweiz
11:00
Closing Remarks Ballroom C
SEE YOU NEXT TIME! October 10-12, 2018 Ritz-Carlton Washington – Washington D.C.
NACHA’s Alliance membership meetings follow the Chatham House Rule: "When a meeting, or part thereof, is held under the Chatham House Rule, participants are free to use the information received, but neither the identity nor the affiliation of the speaker(s), nor that of any other participant, may be revealed." This allows for a more candid and open discussion without worrying that opinions will be attributed to individuals or their employers. 4
DRAFT AGENDA (Subject to change)
Thursday, 7 June Dress – Business Casual
TIME 6:30-9:00
TOPICS AND SPEAKER(s) Breakfast II Vero Restaurant A European Champagne Kempinski buffet breakfast is available for those guests staying at the Grand Hotel Kempinski Geneva.
8:00-3:00
Registration Ballroom Foyer C
9:00-9:10
Welcome Remarks Ballroom C Stephanie Prebish, Senior Director, Payments Innovation Alliance, Education & Accreditation
9:10-10:00
Keynote – Instant Payments in the Netherlands Ballroom C In May 2015 the Dutch Payments Association publicly announced the Dutch banks’ ambition to make instant payments possible in the Netherlands by May 2019. This initiative has resulted in the creation of a new infrastructure that will be designed to support all payment products both single and batch payments, irrespective of their channels between all parties. The infrastructure is intended to be compliant with Instant Credit Transfers and feature additional elements regarding speed, value limits and include an ability to support instant payments. Less than one year before implementation Mr. Boudweijn will provide an update on the initiative and how he envisions this change will impact the global payment landscape. Speaker: Gijs Boudewijn, Deputy General Manager, Dutch Payments Association & Chairperson, Payment Systems Committee of the European Banking Federation
10:00-10:45
Examining the European Regulatory Environment Ballroom C Mr. Schmudde will share Bundesbank`s thoughts about the regulatory landscape in Europe including PSD2, instant payments and more. The presentation will feature an interactive discussion with meeting participants. Speaker: Matthias Schmudde, Head of Payments Division, Bundesbank
NACHA’s Alliance membership meetings follow the Chatham House Rule: "When a meeting, or part thereof, is held under the Chatham House Rule, participants are free to use the information received, but neither the identity nor the affiliation of the speaker(s), nor that of any other participant, may be revealed." This allows for a more candid and open discussion without worrying that opinions will be attributed to individuals or their employers. 1
10:45-11:30
International Air Transport Association: Innovating to Increase Payment Flexibility Ballroom C Mr. Rodriguez will discuss the innovative payment developments that are becoming a reality with the implementation of IATA’s New Generation of IATA Settlement Systems (NewGen ISS). Last year, IATA’s systems securely settled some $236 billion in ticket sales sold via travel agents. NewGen ISS is delivering faster, safer and more cost effective and relevant financial settlement services and solutions to airlines and travel agents. It also provides additional possibilities to facilitate payments in the near future leveraging on blockchain technology and PSD2 regulations. Speaker: Juan Antonio Rodriguez, Director Operations, Financial and Distribution Services, International Air Transport Association (IATA)
11:30–11:45
Break Ballroom Foyer C Member Patron
11:45–12:45 pm
Regulatory Round Tables: Lessons Learned Amongst Geos Ballroom C Regulatory reform in the payments industry is not limited to the U.S. Central Banks across the globe are impacted by legislative actions and these changes require planning and implementation within varying time frames. Are there lessons that can be learned when examining how other geos have reacted to these directives? This series of roundtables invites members to discuss how directives such as SEPA, GDPR, and ISO 20022 have influenced the global financial industry.
12:45–1:45 pm
Luncheon
1:45–2:30 pm
Faster Payments Reality in Europe & the Future of Cross Border Payments
Leman ABC (2nd Floor)
Ballroom C As the work of the International Payments Framework Association (IPFA) comes to a close, Mr. Steinbach, Chairman of the IPFA reflects on how their work might impact the next wave of payments innovation. Mr. Steinbach will examine other current initiatives and offer his opinions on how those may benefit from the lessons learned during the tenure of the IPFA. Speaker: Michael Steinbach, CEO & Chairman, Equens Worldline
2:30–3:30 pm
Fintech Panel TBD Ballroom C This panel will bring together stakeholders from some of the world’s leading technology providers and innovators. Innovators will take a few minutes to introduce their service or product and will then join in a lively discussion regarding today’s tech scene and how they see their products contributing to the payments industry. Moderator: Jochen Siegert, COO, Traxpay
NACHA’s Alliance membership meetings follow the Chatham House Rule: "When a meeting, or part thereof, is held under the Chatham House Rule, participants are free to use the information received, but neither the identity nor the affiliation of the speaker(s), nor that of any other participant, may be revealed." This allows for a more candid and open discussion without worrying that opinions will be attributed to individuals or their employers. 2
3:30-3:45 pm
Refreshment Break Ballroom Foyer C
3:45–4:30 pm
The Future of the RT1 Infrastructure Ballroom C In this session, Katja Heyder will give an overview on EBA CLEARING’s pan-European real-time payment platform RT1, which went live in November 2017 and processes SEPA Instant Credit transfers. RT1 extends reach to close to 600 payment service providers from over 10 EU countries. Ms Heyder will take a look back at the project delivery and give an outlook on the evolution of European instant payments. Speaker: Katja Heyder, Regional Representative, EBA Clearing
4:30–5:05 pm
What Will the AFP Fraud Study Results Mean to Payments? Ballroom C The U.S. based Association for Financial Professionals recently released their Payments Fraud and Control Survey. 78 percent of survey participants reported their organizations were exposed to either attempted or actual payments fraud in 2017. This represents a 4 percentage point increase from 2016 and a troubling new record high. Mr. Carlsson will share information on the findings and provide insight into what the new data suggests about the state of the payments industry in the U.S. Speaker: Magnus Carlsson, Manager Treasury & Payments, Association for Financial Professionals
5:05-5:10 pm
Final Thoughts and Closing Remarks for Day One Ballroom C
5:30-6:30 pm
Networking Reception Leman ABC (2nd Floor) Member Patron
7:00 pm
No-Host Dinner – Meet Up Alliance members and guests will meet in the lobby and walk to dinner. Join us to catch up with old industry friends or make new ones!
NACHA’s Alliance membership meetings follow the Chatham House Rule: "When a meeting, or part thereof, is held under the Chatham House Rule, participants are free to use the information received, but neither the identity nor the affiliation of the speaker(s), nor that of any other participant, may be revealed." This allows for a more candid and open discussion without worrying that opinions will be attributed to individuals or their employers. 3
Friday, 8 June Dress – Travel Casual
TIME 6:30-9:00
TOPICS AND SPEAKER(s) Breakfast II Vero Restaurant A European Champagne Kempinski buffet breakfast is available for those guests staying at the Grand Hotel Kempinski Geneva.
8:30-10:00
Registration Ballroom Foyer C
9:00-10:00
The Future of Payments Within an Interconnected Smart City Global Infrastructure Ballroom C What will an interconnected smart city entail and what kind of infrastructure is needed to power payment rails as well as movement of data? Ms. DePierro examines these questions while considering potential obstacles surrounding determination of the “chicken or the egg” bottleneck of whether to prioritize the transfer of data or the payment itself. The panel will also discuss how the infrastructure would be funded for both development and maintenance as well as potential security issues. Speakers: Denyette DePierro, Vice President & Senior Counsel, American Bankers Association, Charlotte Branfield, SVP, Head of Information Security Policy, Citibank (invited) and Sameer Sharma, Global GM (Smart Cities IOT Solutions), Intel (invited)
10:00-10:20
Refreshment Break Ballroom Foyer C
10:20–11:00
Exploring the Swiss Payments Landscape Ballroom C The Swiss payments landscape is currently undergoing a state of harmonization of payment transactions. Mr. Miehling provides insight into the evolution of ISO 20022 as well as how other initiatives such as electronic invoices, retail instant payments and open banking APIs may impact the overall global payments landscape. Speaker: Carsten Miehling, CEO, PPI Schweiz
11:00
Closing Remarks Ballroom C
SEE YOU NEXT TIME! October 10-12, 2018 Ritz-Carlton Washington – Washington D.C.
NACHA’s Alliance membership meetings follow the Chatham House Rule: "When a meeting, or part thereof, is held under the Chatham House Rule, participants are free to use the information received, but neither the identity nor the affiliation of the speaker(s), nor that of any other participant, may be revealed." This allows for a more candid and open discussion without worrying that opinions will be attributed to individuals or their employers. 4
