LinkedIn Live - Payments 01: Interoperability: The answer to instant cross-border payments? | Swift

Over the last 20 years, more than 60 instant domestic payment systems have popped up around the world. When moving money within a country, instant is fast becoming the new normal. But as these domestic systems begin to reach beyond their own borders, the need for interoperability between them becomes clearer and clearer.
We’ve identified four emerging cross-border payment interoperability models - but which will unite domestic systems? And which could cause fragmentation? Tune in to our latest LinkedIn Live to hear Mike Truter, Swift’s Payment Market Infrastructures expert, dig into this exciting topic. He’ll be joined by José Luis Langa, Deputy Managing Director International Institutional and Cash Management at Iberpay, the Spanish instant payment system and Carlos Brandt, Head of Pix Management and Operation for the Banco Central do Brasil.
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BIO - MIKE TRUTER:
Mike Truter joined Swift in February 2023 as a Senior Market Manager, on a mission to expand the reach of the Swift network to domestic instant payment systems and facilitate instant and frictionless cross-border transactions. Prior to joining Swift, he spent more than 25 years delivering banking and payments technology across Europe and Asia and explored the use of Distributed Ledger Technology (DLT) for payments and securities clearing and settlement as a member of Project Ubin.
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BIO - JOSE-LUIS LANGA:
José-Luis Langa has a degree in Economics and completed his PhD studies on Economic Finance. He joined the Central Bank of Spain in 1990. In 2000, he was appointed Managing Director of the Interbank Payment Service. When this company was transformed to create Iberpay, he became its interim Managing Director. His current position at Iberpay is Deputy Managing Director, responsible for international, cash and institution relationships. He is president of the European Automated Clearing House Association, member of the Advisory Group on Market Infrastructures for Payments at the European Central Bank, member of the Cross-border Payments Interoperability and Extension (PIE) Taskforce at BIS and participates in several groups at the European Payments Council.
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BIO - CARLOS BRANDT
Carlos Brandt works for the Banco Central do Brasil. as the Head of Management and Operation for Pix, Brazil's Instant Payment System. He graduated in engineering and law, specialized in finance and law, and led the design and implementation process for Pix, which successfully launched in 2020. He currently leads and drives Pix's evolving agenda with new features and products. He also coordinates the Pix Forum, a permanent advisory committee for new products and the improvement of existing ones. In 2021 Carlos was nominated for the Bloomberg 50 list - recognising people and ideas that defined global business in 2021 - which is acknowledgement of the remarkable achievements of Pix for the entire Banco Central do Brasil team.
LinkedIn Live page: / 7120324079902932993
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