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Breaking Down the Barriers in Cross-Border Payments

Overview

Date 12:00 PM - 01:00 PM (1 hour)
Monday, August 23
Track
Smarter Payments Experience
Event
Remote Connect

While cross-border payments present challenges to providers and users alike, enhancements in domestic payments continue to push innovative boundaries on speed, efficiency and user experience. Private and public sector entities continue to pursue strategies to achieve convenient, cost-effective and timely international payments, with many forging partnerships and exploring new models to work around long-standing barriers and frictions. Join this Fed-moderated panel of experts as they share firsthand knowledge about the current state of cross-border payments, where innovation is taking place, and what ongoing global improvement initiatives are mid-flight and promising.

Questions answered during this session:

1. What are the most promising initiatives – domestic and global – to improve the international payments experience?
2. How can the public and private sector work together to combat any challenges related to cross-border payments?

Speakers:

K
Kandie Alter
Assistant Vice President of the Payments Policy Group
Federal Reserve Bank of Chicago
J
Jennifer Lucier
Associate Director
Board of Governors of the Federal Reserve System