Sunday , April 11 2021
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Payments in a post-Covid world

Summary:
Around the world, the pandemic has accelerated the shift to digital payments. Cash and cards are being replaced by mobile payment apps, QR codes and e-wallets. These profound changes in consumer behaviour will be long lived and continue to transform the payments landscape for years to come. In this session, we will hear from world leading payments system operators, digital banks, and fintechs on how they have prepared for this digital transformation and what it will take to compete in the digital economy going forward.

Topics:
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Around the world, the pandemic has accelerated the shift to digital payments. Cash and cards are being replaced by mobile payment apps, QR codes and e-wallets. These profound changes in consumer behaviour will be long lived and continue to transform the payments landscape for years to come. In this session, we will hear from world leading payments system operators, digital banks, and fintechs on how they have prepared for this digital transformation and what it will take to compete in the digital economy going forward. Payments in a post-Covid world
International Settlement
The Bank for International Settlements (BIS) is an international company limited by shares owned by central banks which "fosters international monetary and financial cooperation and serves as a bank for central banks". The BIS carries out its work through subcommittees, the secretariats it hosts and through an annual general meeting of all member banks. It also provides banking services, but only to central banks and other international organizations. It is based in Basel, Switzerland, with representative offices in Hong Kong and Mexico City.

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