Powering Payments Podcast by Form3 - Ep 06. Digital Transformation in Banking with Jan-Willem Weggemans from Publicis Sapient, Kevin Holditch from Form3 and Gary Dempsey from Money20/20 EU

Ep 06. Digital Transformation in Banking with Jan-Willem Weggemans from Publicis Sapient, Kevin Holditch from Form3 and Gary Dempsey from Money20/20 EU

03/18/21 • 16 min

It is hard to transform to digital-first, or as our guest co-host Kevin Holditch says, "Replatforming a bank is like swapping out a couple of decades-old jet engine, mid-flight, whilst being 38,000 feet in the air with an over-pack passenger list." Seems like that might cause a few difficulties, doesn't it?

You can also find this episode and Money20/20s great podcast here: The MoneyPot

Guest: Jan-Willem Weggemans, Senior Client Partner, Publicis Sapient.

Hosts: Gary Dempsey, Content Lead, Money20/20 EU

Kevin Holditch, Head of Platform Engineering, Form3

Producers: Gary Dempsey, Content Lead, Money20/20 EU

Thomas Cheung, International Marketing Manager, Form3

Roland Bodenham, Senior Video Producer, Ascential

You can also find this episode and Money20/20s great podcast here: The MoneyPot

Guest: Jan-Willem Weggemans, Senior Client Partner, Publicis Sapient.

Hosts: Gary Dempsey, Content Lead, Money20/20 EU

Kevin Holditch, Head of Platform Engineering, Form3

Producers: Gary Dempsey, Content Lead, Money20/20 EU

Thomas Cheung, International Marketing Manager, Form3

Roland Bodenham, Senior Video Producer, Ascential

Previous Episode

Ep 05. Instant Payments with Arthur Cousins and Jolanda Schekermans

What will Arthur, Jolanda and Andrew be discussing? Find out below.

Topics covered:

What does instant payments really mean, how is it defined and what is being done in your region?
What are the drivers at a consumer, corporate and banking level for instant payments in Europe?
Mass adoption is key to the future of instant payments, what is preventing this mass adoption or slowing it down?
How do we prevent a situation where participants are not overfunding and have a system where this is managed on an ongoing basis?
What are the potential additional impacts on back office processes within a bank I.e. sanctions, AML, liquidity for entering the instant market? How are these challenges overcome?
Target2 is limited only to credit institutions, can we see the logic in this or would a more liberal approach like the bank of England has to regulated entities be preferable?
In Form3 terms would this be classed as a direct non-settling participant model?
What does the landscape look like globally for appetite to migrate to faster payments?
What are the existing payment processes and how do you see SADC starting to interact with other instant initiatives globally?

Next Episode

Ep 07. Form3: How Have Cloud Payments Gone Mainstream? ft Sulabh Agarwal, Accenture & Sekai Ndemanga, AWS

What’s covered in this episode:

Has cloud technology penetrated payment infrastructures?
Is there a cloud mindset we need to embrace? Moving from a tech decision to a tech stack decision
What’s the catalyst for this need for change with cloud payments?
How do we move the conversation from planning to execution?
Are we seeing the numbers we expect at this stage of adoption?
Why has the UK seen such growth with cloud payments?
What are the hurdles to cloud adoption?