Digital Payments – 1:30 Hours
Digital Payments Building Blocks
- Introduction and key characteristics
- Digital payments use cases
- NFC vs QR Codes
Tokenization Fundamentals
- EMVCo tokenization vs merchant tokenization
- Tokenization stakeholders, roles, and responsibilities
- Wallet tokenization, tokens on file, in-browser tokenization
Digital Payments State of Market
- Wallet evolution and Super Apps
- Token provisioning alternatives
Fast Payments – 1:30 Hours
Fast Payments Building Blocks
- Key characteristics and global rollout
- Similarities and differences by market
- State of Play in United States
Fast Payments Overlay Services
- Definitions and concepts; variation around the world
- Overlay categories – Mobile, RtP, QR Codes, Directories, etc.
- Examples – FPS (UK), NPP (AU), UPI (IN)
Request to Pay (RtP)
- RtP key concepts and use cases
- RtP with manual payment vs RtP with Autopay
- Examples – PayTo (AU), UPI (IN), RTP (US)
Spotlight – PIX (Brazil)
Digital Currency – 1:30 Hours
Stablecoins
- Key attributes
- Use cases in payments
- Regulation and risk
CBDC Update
- Key concepts in Central Bank Digital Currency (CBDC)
- Tradeoffs in CBDC Design
- What We’re Watching in CBDC
Incumbent Strategies
- Visa and Mastercard in Digital Currency
- Wallets – PayPal, Venmo, Cash App, Alipay, WeChat Pay
- Role of SWIFT
Global Payments – 1:30 Hours
Domestic Payments in Key Regions
- Alipay (China)
- M-Pesa (Kenya)
- SEPA (Europe)
SWIFT gpi
- SWIFT evolution and strategic direction
- SWIFT gpi overview, key features, and adoption
Cross-Border Fast Payments
- SWIFT gpi Instant
- Immediate Cross-Border Payments (IXB)
- BIS Project Nexus
Wrap Up & Q&A