Bank of America at Sibos 2024 Conference in Beijing

October 21-24, 2024
China National Convention Center, Beijing

Stop by our booth to add color to the conversation.

“The global payments landscape faces an inherent contradiction. Expectations for speed, security and transparency are pitched against a world of growing complexity, with a continually growing number of real-time payment networks; each with their own standards and regulations. It’s our job to find a way to bridge this gap with solutions that solve for the client experience while not sacrificing security or regulatory obligations.”

Mark Monaco | Head of Global Payments Solutions, Bank of America

“The future of payments – and finance more broadly – will depend on how effectively we as an industry can collaborate. Events like Sibos are catalysts for advancing relationships and building a common understanding, prerequisites for multi-lateral initiatives and solutions that can work for the benefit of all market participants.”

Christian Stolcke | Head of Global Financial Institutions, NBFIs and Governments, Global Payments Solutions, Bank of America

Payments modernization, depending on the financial services company, will be synonymous with upgrades.

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Real-time payments will continue to capture a greater share of treasury payments as more firms evolve and grow their back-office systems and processes.

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Treasurers must adapt to minimize the inevitable costs of change, and understanding local payment trends is essential.

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Chandana Thanthrige

Head of FIG and Transactional FX Product APAC

October 22 2:30-3:15 p.m.

Engineering the optimal cross-border payments model

There are more ways to move money today than ever before. Institutions, businesses and consumers have diverse needs, and a vibrant array of networks and payment methods has emerged to meet them. With the pace of innovation only accelerating, and the number of payment options too, what does the industry need to do to enhance ecosystem interoperability, elevate the end-to-end experience and expand network reach? Join us to explore what the perfect model could look like, and what would it take to get there.

Raghu Srinivasan

Head of Global FI Clearing – Product Management

October 23 10:45-11:30am

Streamline the payments experience for your corporate customers

With the extension of rich and structured data across the payment chain, and the introduction of transaction management powered by Swift, banks are in a better position than ever to deliver new capabilities fully embedded into their customer channels. The combination of ISO 20022 upfront data quality checks and embedded value-added capabilities will enhance speed and transparency, marking a significant point on the journey to instant and frictionless transactions. In this session, find out what opportunities this opens up for banks and corporates, and what the future of cash management services looks like over the next two years and beyond.

Rakesh Parakkat

Senior Vice President, Bank of America

October 24 9:30-10:30 a.m.

Delivering next-generation operational excellence in financial services

In today's dynamic financial landscape, bolstering banks’ resilience is essential for safeguarding the global financial system. As technology continues to redefine operational capabilities, organisations must reshape their approach to operational excellence, prioritising resilience and security amidst evolving threats and geopolitical shifts. In this session, we’ll discuss practical examples to help you take your operational excellence to the next level, while balancing the imperative to innovate and deliver increased value to customers.

Optimize cashflow, streamline operations and make B2B or B2C payments easier with access to a range of traditional and digital first solutions.

Receive, process and view payments faster and more efficiently. Get a full range of secure, sophisticated receivables solutions paired with strategic guidance.

Get a true end-to-end experience when we integrate our omni-channel payment processing capabilities with your core set of treasury solutions.

Streamline the payments process and optimize cashflow, all while increasing visibility into card purchases.

Reduce risk and enhance working capital through digital first solutions that optimize payment needs.

Sibos 2024

Where finance leaders fuel the future

Join us as we discuss the importance of real-time payments, digital payments and AI, and the future of cross border payments.