Payments infrastructure & the globalisation of e-commerce: Who will be the future winners?
Moderator: Esther Groen, Adviser to Holland FinTech and Executive Board member at the European Women in Payments Network
- Michael Boel, Head of Local Clearing at Banking Circle
- Andrew Gómez, Managing Consultant at Lipis Advisors
With e-commerce booming, today’s consumer expects a seamless shopping experience even across borders – and increasingly wants more choice when it comes to payment methods.
While card payments have traditionally dominated the space, Alternative Payment Methods (APMs) are gaining popularity as retail businesses and marketplaces look to continually improve conversion rates. But as APMs gain share, how will the wider payments and banking infrastructure respond, particularly as authentication and fraud prevention remain critical?
In this session, Michael and Andrew will discuss:
- The challenges facing the payments sector as e-commerce becomes increasingly globalised
- How will APMs such as Real-time Payments, Buy Now Pay Later and Request to Pay change the landscape?
- How can PSPs and other Financial Institutions keep pace with the latest payment innovations?
- What will the payments infrastructure of the future look like?
Michael Boel, Head of Local Clearing, Banking Circle
Michael has more than 15 years of experience within the financial sector and joined Banking Circle having previously worked for Saxo Bank. With hands on experience in capital markets, operations and product development, Michael covers both the technical and business aspects of the transaction banking value chain. For the past decade, Michael has focused on both international and domestic payment ecosystems – utilizing his deep knowledge of regulation, finance and the payments industry to execute and drive implementation projects globally.
Andrew Gómez, Managing Consultant, Lipis Advisors
Andrew is a managing consultant with Lipis Advisors and heads the Americas business development team. He leads research and custom consulting projects on a variety of topics including mobile payment analysis, market entry strategy, product strategy, quantitative forecasting of payment volumes, payment system modernization, cross-border payments, and payment system functionality benchmarking.
Esther Groen, Board Advisor to Holland Fintech, and Executive Board Member of the EWPN [Moderator]
Esther has an extensive background in strategy and execution, sales and business development, digital transformation, and building high-performing teams in the Banking and FinTech industry.
Esther currently advises Holland FinTech, a digital finance community in the Netherlands, and is an Executive Board member at the European Women in Payments Network. Esther was formerly a partner at Innopay, a Dutch strategy consultancy firm in digital transactions, where she led the Banking, Payments and FinTech practice. Prior to joining Innopay, Esther spent more than 10 years in global transaction services at ABN Amro and the Royal Bank of Scotland.