For global connectivity and treasury innovation, turn to your partner in payments

At J.P. Morgan, we’re dedicated to enabling cross-border payments and optimizing your liquidity, so you can operate and grow on a global scale. Our trusted cash management advisory services are built on more than a century of experience, and offer a deep understanding of the financial landscape. According to Coalition Greenwich we’re ranked #1 with financial institutions⁴, with the expertise to help you seize new opportunities and realize your vision.

Women in Banking and Payments

Kate Pohl (moderator)
Executive Advisor, Projective Group

Lauren Jones,
Chair, ISO TC68 SC2 – Security for Financial Services

Katja Lehr
Managing Director, EMEA Payments and Commerce Solutions, J.P. Morgan Payments

Petia Niederländer
Director, Oesterreichische Nationalbank

Simone Satan
Global Head of Digital Market Management, Treasury Services, BNY

As the payments industry becomes more and more specialized, further opportunities for women are opening up in various areas such as technology, open banking, ESG and regulation. How can banks, consultancies and payment service providers achieve gender parity, diversity and inclusion? In which ways can the industry include more women in decision-making roles? What is the role of mentors and sponsors?

There have been huge changes over the past 20 years, particularly at C-suite level where it is an evolution as opposed to a revolution.

Top tips:

• Support each other
• Make yourself visible
• Bring your authentic self to work
• Connect with your peers in the industry
• Network, network, network
• Go for it!

Challenge Speech: Digital Money, Digital Assets, Digital Identity – the Future of Banking

The rollout of Central Bank Digital Currency (CBDC) will require banks and payment service providers (PSPs) to include it within their infrastructure and product offering, and ensure that safeguards are managed, e.g. controlling maximum stored value.

How to make money? Develop added value services connected to stored value. All agreed that wholesale CBDCs provided clear value in potential use cases.

Digital ID is going to enable innovation, including tokenization, transfer of assets, and bots acting on our behalf to procure and manage our finances and assisting in verification to help reduce fraud. As an industry, it’s imperative we focus on dynamic ID that interacts in real-time with the ID issuer, rather than our current focus on digitization.

Instant payments: banks remain skeptical and currently see higher relative levels of fraud. The key to adoption includes increasing consumer confidence, with banks, fintechs, social media companies and telecoms working together to reduce fraud. This can happen through sharing of data and development of use cases such as refunds and instant cross-border payments.

Tokens, blockchain and CBDCs: it would seem that interoperability across bank private blockchain networks is still holding back use cases. A member of the audience suggested we all need to stop the experiments and work together to develop market-wide solutions.