The World Bank Group held the third global conference for payment system specialists on April 7-10, 2009, in Cape Town, South Africa.
The conference “Redefining the Landscape of Payment Systems” had two main objectives: discuss those topics currently at the heart of the international debate, and challenge the international payment systems community on whether new approaches are necessary to better address current weaknesses.
The conference gathered senior representatives from central banks, securities regulators, commercial banks, non bank financial institutions, payments operators, and multilateral institutions. Speakers included senior payment systems experts with extensive reform experience (from multilateral institutions, regulatory authorities, and financial institutions), and leading scholars with experience in applied research. Biographies of Conference Speakers The conference agenda aimed to: Review current practices in reforming payment, remittance and securities settlement systems worldwide in light of recent events in the global financial market; Offer tools to help policymakers design and manage the reform effort; Challenge existing market, regulatory and oversight approaches and explore the newest instruments in the field; Address the role of payment systems for promoting inclusive finance, including the role of international remittances; Present a special focus on payment system challenges and opportunities for the Africa continent.
NEW: Summary of Proceedings of the World Bank Conference "Redefining the Landscape of Payment Systems" Presentations DAY 1 - April 7, 2009 | DAY 2 - April 8, 2009 | DAY 3 - April 9, 2009 | DAY 4 - April 10, 2009 DAY 1 - April 7, 2009: Reforming Financial Infrastructure: a Coordinated Approach By Peer Stein The Strategic Approach to Reforming Payments and Securities Settlement Systems By Massimo Cirasino Measuring Payment System Development By Jose Antonio Garcia The South African National Payment System - Observations and Trends By Dave Mitchell Payment, Remittance and Securities Settlement Systems within SADC By Tim Masela The COMESA Regional Payments and Settlement System (REPSS) By J. Bosco Sebabi Payment Systems in the Arab Countries By Ramzy Hamadeh Redefining the Landscape of Payment Systems: Challenges and Opportunities for the African Payments Landscape By Charles Muthuthi Payment System Development in the West African Monetary Zone (WAMZ) By Temitope Oshikoya back to top DAY 2 - April 8, 2009 A Practitioner's Guide to the Future of RTGS: Liquidity and Credit, Access, and Pricing By Bruce Summers Discussion: Bruce Summers - A Practitioner's Guide to the Future of RTGS: Liquidity and Credit, Access, and Pricing By Philipp Haene Interbank Money Markets and Payment Systems: a Two-Way Relationship By Jose Antonio Garcia Money Markets, Monetary Policy and Payment Systems: Policy Issues for CB By Joaquin Bernal Global Payments and Securities Settlements Landscape - Dematerialised Money Market Securities in South Africa By Anthony Van Eden Improving Efficiency and Limiting Risks in Interbank Markets: the Role of Central Banks By Franco Passacantando Maintaining Trust in International Transactions: the CLS Experience By Peter Slater Global Payments and Securities Settlements Landscape By Monica Singer New Challenges for Securities and Derivatives Clearing and Settlement By Edward Leach New Challenges for Securities and Derivatives Clearing and Settlement By Godfried De Vidts Recent CPSS Work By Daniel Heller back to top DAY 3 - April 9, 2009 Legal Concepts and Environment and the Regulation of Mobile Payments By Maria Chiara Malaguti Perspectives from a Mobile Payments Operator By Claire Alexandre Fighting Terror with Error: Effects of Fact-free Policy Making By Nikos Passas The Payment Services Directive in the Context of the Single Euro Payments Area By Ceu Pereira It's Time to Meet the Micro-Savings Challenge By Ignacio Mas Mobile Money for the Unbanked: Policy and Regulatory Issues By Marina Solin New Technologies to Increase Efficiency and Access to Payment Services By Elizabeth Buse MasterCard at the Heart of Commerce By Jeffrey Portelli The Role of New Technologies to Increase Efficiency and Access to Payment Services - A Focus on Government to Consumer and Business to Consumer Payments By Paul Simpson Retail Payment Systems: What role for the Central Bank and other Public Sector Authorities? By Jose Antonio Garcia How to Prepare a Detailed Stocktaking - Defining and Implemeting a Comprehensive Retail Payment Strategy By Jose Antonio Marciano Strengthening cooperation: A National Payments Council By Dave Mitchell Enhancing Competition and Reducing Costs in the Remittance Markets: a Matter of Principles By Massimo Cirasino The World Bank Global Remittances Databse: A Crystal Clear Landscape By Carlo Corazza Financing Facility for Remittances: Promoting Innovative Remittance Systems and Investment Channels for Migrants By Pedro De Vasconcelos Leveraging on Remittances to Expand Access to Finance By Norbert Bielefeld Workers' Remittances 1.0 By Michael Whyte Remittances in the Italian System By Alessandro Zollo back to top DAY 4 - April 10, 2009 A Framework for Central Bank Oversight of the National Payments System By Massimo Cirasino Balancing Cooperation and Competition in Retail Payment Systems By Mario Guadamillas Challenges for Securities Clearing and Settlement Systems By Daniela Russo What About Payment System Integration? An Overview of Regional Experiences By Sean O’Connor SEPA Challenges and Opportunities: Some Reflections By Sergio Gorjón The East African Payment System (EAPS) By John Bosco Sebabi MENA Payment Systems Integration Project By Yisr Barnieh back to top |