​La Fosse is host to an exclusive series of events connecting payment leaders across different industries and backgrounds. These events are a space for leaders to come together to openly and confidentially share ideas with their peer group.

The Payments Forum #1

Date: June 2019

This is the first in a new event series: The Payments Forum – Developing Leaders Using the “Explorer’s Mindset” to Grow Your Company.

What does it mean to be an Explorer, and how do you identify and develop different types of leaders in your team?

At our dinner roundtable we discussed key values, principles and behaviours to help you build and sustain drive, focus and resilience, and prompt leadership development for value creation.

Facilitated by Julian Sawyer – Former COO at Starling Bank

With guest speaker Dr Sionade Robinson PhD, FRGS – Associate Professor/Dean at Cass Business School, currently writing ‘The Explorer’s Mindset

Payments Webinar

Date: Sept 2020

As the payment landscape evolves with increasing velocity, should financial institutions be focusing their strategy on domestic or pan-European payment solutions?

Discussion Themes:

  • Discussing the benefits and challenges of adopting domestic and international solutions
  • Impact on big banks and FinTech: how can they combat ‘change fatigue’ and come out on top?
  • How will this create opportunities for competition and innovation?

The payments landscape continues to evolve with increasing velocity. Open banking has, literally, opened the doors to new payment types, regulatory change has enabled new entrants to compete with established banking institutions, and the focus on adopting ISO20022 by the major schemes worldwide has led to unprecedented levels of change across the landscape.

At the same time, the pandemic has accelerated the move away from cash and cheques, with online and contactless payments reaching record levels.

So what does this mean to the payments industry, and banking in particular?

In the UK, FIs currently implementing or looking to implement the acceptance of new payment types also face the wholesale change of the UK payments infrastructure through RTGS2 and NPA.

Both initiatives are tasked with positioning the UK financial market back at the forefront of payments processing, in the same way that BACS (1968) and FPS (2008) did.

In Scandinavia, a new payments infrastructure, eventually encompassing all Nordic countries, is pressing forward.

In Europe, the new European Initiative will provide an alternative to the duopoly of the major payment schemes.

Meanwhile, globally, SWIFT currently remains dominant. FIs have to consider, or already have adopted, SWIFT gpi whilst keeping an eye on initiatives such as RTGS.global.

Layered on top of this digital currency is the new hot topic, with a Sterling CBDC gaining credence in the UK and BIS facilitating global innovation hubs focused on global CBDC interoperability.

Our panel included:

Facilitator: Jane Gamble– Freelance Consultant, SME and contributor to Whitechapel Think Tank Future of Payments. Experience includes ACI, Visa Europe, VocaLink and HSBC.

Danny Pederson– Head of Products at P27 Nordic Payments and former Head of Mobile Payments at Nordea.

Suresh Vaghjiani– FinTech Advisor, former CEO of Tribe Payments and President of Global Processing Services, as well as FTSE companies such as Paysafe Group and Kalixa Payments Group.

Rohit Bhatnagar– Strategy Consultant whose clients have included Revolut, Transferwise, Tinkoff Bank and has recently concluded consulting engagements with WorldRemit and the Pollen Street Capital Group.

Dr Ruth Wandhofer– Global Fintech 50 Influencer, Partner Gauss Ventures, I-NED Permanent TSB and Digital Identity Net, Strategic Adviser ETPPA, Adviser RTGS.global, Adviser Estatin