Bitesize Payments
Payments are one of things that we do every day - they just happen, really they are just like magic!!!! But we don't wake up and think today I want to make a payment - we just want to pay a bill or buy a coffee but payments make them happen.
Paradoxically we both know more about them than we think and yet at the same time very little about what they are and how they work.
I have spent a lot of time in our industry doing education and training sessions on Payments and I kinda thought it would be useful to record it. So, here we go.... In Bitesize Payments I try and explain the History of Payments, how they work and who does what. Also who get paid for what....that might surprise you!
Anyway hopefully in less than 20 mins, week after week you can become a payment experts....... or at the very least someone who can ask the tough questions :-)
Please let me have your feedback, input or question at bitesizepayments@gmail.com
Thanks for listening.......
Bitesize Payments
ISO20022 - The "cure all"?
Welcome back dear listeners to Bitesize Payments, today we are going to discuss ISO20022. It’s the lingua franca of financial services. We started this journey when we discussed Standards, but ISO deserves a podcast on its own.
But here’s the thing ISO touches the entire ecosystem and so the issue is a timing one. The stakeholders need to not just adopt but get ready. So, a central bank, a commercial bank the new rails, the corporates, merchant etc etc all need to move.
It’s a x-industry change which makes it effectively the biggest opportunity and also the biggest issue.
But moving from an analogue world to a digital one is tough….
So here we go ISO20022….. What is its history, how it works and who does what… or perhaps in this case who is not doing what……
The "cure-all"? Well we will see..
Buckle up…
Payments Industry Insights
History of Payments
Payment System Explained
Corporate Payments Strategy
Payment Regulations Impact
ISO20022 Standard
Digital Payments Evolution
CBDC Advancements
Cryptocurrency in Payments
Financial Technology Education