Powering Payments Podcast by Form3

In this episode of the Form3 Powering Payments Podcast we have Chris Mullins, Senior Product Manager at Form3 talking with Marco de Jong, Principal Payment Consultant from Capgemini discussing all things Verification of Payee (VoP). From how PSPs may approach VoP to meet the timelines for implementation, how solution providers are able to assist with VoP and what we can learn from similar schemes such as Confirmation of Payee in the UK.

Taken from the main stage at this year's Money20/20 in Amsterdam, our very own Eimear O'Connor led the discussion on how cloud and AI is shaping the future of payment innovation. Joined by representatives from Nationwide Building Society, Square and Visa hear how these technologies are reshaping the propositions and approaches banks are taking in order to maximise innovation and meet customer needs.

Join us on the Powering Payments podcast with Mandy Lamb, MD of Visa's UK and Irish business, as we explore the transformative landscape of digital payments. Discover how consumer expectations and technological advancements are reshaping banking and commerce. Tune in to hear how Visa is navigating these changes and leading innovation in a dynamic market.

In our lates episode Miriam Sheril, Head of US Product, Form3 got time with Bruno Reded Tinoco, CIS Business Development, at GFT Group to discuss how API technology is changing the way banks are thinking about payment modernisation. As Bruno states: "APIs enable rapid development of new services, especially for banks and fintechs, facilitating the integration of different services. This drives company growth by enabling easy data exchange and fostering innovation." In this episode we will discuss: - Simplifying Complexity with Unified APIs - APIs Driving Growth and Innovation - Open APIs and Open Banking

The Digital Operational Resilience ACT or DORA as it is known is fast approaching. We are joined by Philipp Baecker from Bain on our podcast today to discuss why this isn't just a compliance tick box exercise, and why banks need to already be responding to this and putting the wheels in motion before it is too late. Speakers:Jolanda Schekermans, Head of Product, API Experience, Form3Philipp Baecker, Partner, Bain 

Today we're diving into the world of financial crime. In today's fast-paced world, the complexity of economic crime continues to increase, making data sharing and collaboration critical in its detection and prevention. At the recent Pay360 event our very own Head of Fraud Chris Oakley joined other panelists to discuss exactly how this can be achieved. So sit back as we hand over to Andrew Churchill from The Payments Association who hosted the session.

The “DORA: The Biggest Change in Payments No-One is Talking About” session will cover how the regulation will accelerate cloud and third-party services adoption, and how concentration risk management is now both a system level and firm-level effort. The session will also look at how enhancements in service offerings result in fewer opportunities to restore operations in the event of a cyberattack. Also, the panel will consider the systemic risk of firms underinvesting in their own resilience, and how failures at a single bank could cause an avalanche of problems for others.Speakers:Abdellah Ben Hammou, Product Director, KlarnaJessica Ramos, Head of Regulatory & Financial Affairs, EBA CLEARINGModerator:Jolanda Schekermans, Head of Product, API Experience, Form3

Stuart Poffley, NPA Lead, Form3Peter Harmston, Partner, Head of Payments Consulting, KPMG

Stuart Poffley, NPA Lead, Form3Peter Harmston, Partner, Head of Payments Consulting, KPMGWhat's covered in this episode:How to use the NPA as a catalyst for strategic changeWhat are the practical ways of thinking about this migration projectHow NPA will impact the adoption of cloud technology Discover more on what NPA will mean to you and how to prepare for these changes. 

Nick Fleetwood, Head of Data Services, Form3Ronan Carter, Client Partner, GoogleWhat's covered in this episode:What opportunities exist for banks to create value from data collected from payment flows?What are the key ‘data principles' when it comes to unlocking valueHow do we bring together siloed data to infer payment insights?How is smart data combatting the rise in fraudulent activity?

With all eyes firmly fixed on the launch of FedNow in 2023 there still remain a number of areas where questions remain. Recently Form3 US General Manager Dave Scola sat down with Miriam Sheril who joined Form3 from her previous role as core product lead for FedNow at The Fed to hear from her on some of these key areas such as interoperability, liquidity management, and fraud.

Guests:  Gregor Dobbie - CEO - VocalinkJana Mackintosh -  Managing Director Payments and Innovation - UK Finance  Hosts: Joss Wilbraham - Head of Networks and Infrastructure - Form3 Producers: Tom Campbell - Creative Lead - Form3  

What's covered in this episode:What is NPA?Concept v Reality: Where are we now?Why should it matter to banks, businesses and consumers?What is ISO20022 and what does it mean for the UK Banking and Payments Industry?The many uses cases of NPA and ISO20022The benefits of standards

What's covered in this episode:Has cloud technology penetrated payment infrastructures?Is there a cloud mindset we need to embrace? Moving from a tech decision to a tech stack decisionWhat's the catalyst for this need for change with cloud payments?How do we move the conversation from planning to execution?Are we seeing the numbers we expect at this stage of adoption?Why has the UK seen such growth with cloud payments?What are the hurdles to cloud adoption?

It is hard to transform to digital-first, or as our guest co-host Kevin Holditch says, "Replatforming a bank is like swapping out a couple of decades-old jet engine, mid-flight, whilst being 38,000 feet in the air with an over-pack passenger list."  Seems like that might cause a few difficulties, doesn't it?    You can also find this episode and Money20/20s great podcast here: The MoneyPotGuest:  Jan-Willem Weggemans, Senior Client Partner, Publicis Sapient. Hosts: Gary Dempsey, Content Lead, Money20/20 EUKevin Holditch, Head of Platform Engineering, Form3Producers: Gary Dempsey, Content Lead, Money20/20 EUThomas Cheung, International Marketing Manager, Form3Roland Bodenham, Senior Video Producer, Ascential

What will Arthur, Jolanda and Andrew be discussing? Find out below.Topics covered:What does instant payments really mean, how is it defined and what is being done in your region?What are the drivers at a consumer, corporate and banking level for instant payments in Europe?Mass adoption is key to the future of instant payments, what is preventing this mass adoption or slowing it down?How do we prevent a situation where participants are not overfunding and have a system where this is managed on an ongoing basis?What are the potential additional impacts on back office processes within a bank I.e. sanctions, AML, liquidity for entering the instant market? How are these challenges overcome?Target2  is limited only to credit institutions, can we see the logic in this or would a more liberal approach like the bank of England has to regulated entities be preferable?In Form3 terms would this be classed as a direct non-settling participant model?What does the landscape look like globally for appetite to migrate to faster payments?What are the existing payment processes and how do you see SADC starting to interact with other instant initiatives globally?