Institutions will have to oversee the rapid growth of digital commerce, the proliferation of emerging payments methods and the development of the next generation of payment infrastructure. Banks should consider the best path forward to achieve the most optimal and effective outcomes.

Meeting the data-rich messaging standards of ISO 20022 is looming for many banks as decisions must be made on how to reach the 2025 deadline. Banks who don’t begin this modernisation soon run serious risks, including losing their clients. APIs and platforms as a service offer banks an acceleration route to reaching these standards.

It is therefore important to learn from early adopters and those who are already ISO compliant. Additionally, these modernisation plans must be looked at from a global perspective, assess what the next steps can be, and evaluate what can be done to avoid a lag in uptake from providers. From there, institutions can determine the agility inherent in bringing the cloud to scale, and plug and play.

Sign up for this Finextra webinar, hosted in association with Volante Technologies, to join our panel of industry experts as they discuss the following areas:

• ISO 20022 migration, APIs, platform as a service, and cloud deployment.
• The current position of the payments ecosystem moving into this period of change
• Path options for institutions moving through modernisation
• The benefits that can be utilised once innovations are achieved

Speakers:

• Gary Wright - Head of Research, Finextra [Moderator]
• Dome Scaffidi - Vice President, Global Industry & Regulatory Affairs, Volante Technologies 
• Isak Penttila - ISO 20022 Lead, Real Time Rail & Lynx Modernization, Payments Canada
• Giangiulio Bagnai - Associate Director, Regulatory Programs, NatWest Bank