“Reinventing Payments” Is Focus of New Banking Perspectives Issue
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Sean Oblack
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Edition Includes State-of-Banking Interview with SunTrust CEO Bill Rogers
New York, NY – September 29, 2015 – The Clearing House today released the third quarter 2015 edition of its quarterly journal, Banking Perspectives. The newest issue, entitled “Reinventing Payments,” examines the fast-changing payments landscape, where more convenient payment methods have ushered in a new wave of innovations and opportunities for banks and non-traditional payment providers.
“The ongoing competitive evolution of the payments space is a very real and immediate issue,” Jim Aramanda, CEO of The Clearing House writes in a column. “Banks are moving quickly to provide faster, more intuitive and secure payment products that … will help accelerate digital commerce and offer added convenience to customers.
”The Q3 edition features articles from payment industry leaders, including David Sayer, leader of KPMG’s Global Banking Team, who takes a look at the potential for a global real-time payments solution. Kausik Rajgopal, Director and Co-Leader of the Payments Practice at McKinsey & Co., examines the emerging digital wallet playing field and offers his take on what it will take to succeed in the space.
The issue also includes this quarter’s State-of-Banking interview with Bill Rogers, Chairman and CEO of SunTrust Banks Inc., who discusses economic growth, financial literacy, cybersecurity, and the future of payments.
Additional features in the third quarter 2015 edition of Banking Perspectives include:
- Don Kingsborough, Capital One Ventures: Why is Silicon Valley Investing in Payments?
- Bob Steen, Bridge Community Bank: My Perspective – Community Banking at Risk
- Alaina Gimbert, The Clearing House: SARs – Global Banking's Blindspot
- Rob Hunter, The Clearing House: Ensuring Consistent Consumer Data Protection
TCH began publishing Banking Perspectives in November 2013 to help foster debate and discussion on the issues shaping the evolving banking landscape. The next edition of Banking Perspectives (Q4 2015) which will be released in November, will take a critical look at the role that banks play in society and the U.S. economy by providing access to credit, deposit services, loans and more. For a complimentary subscription, please click here.
About The Clearing House Established in 1853, The Clearing House is the oldest banking association and payments company in the United States. It is owned by the world’s largest commercial banks, which collectively hold more than half of all U.S. deposits and which employ over one million people in the United States, and more than two million people worldwide. The Clearing House Association L.L.C. is a nonpartisan advocacy organization that represents the interests of its owner banks by promoting and developing policies to support a safe, sound and competitive banking system that serves customers and communities. Its affiliate, The Clearing House Payments Company L.L.C., which is regulated as a systemically important financial market utility, owns and operates payments technology infrastructure that provides safe and efficient payment, clearing and settlement services to financial institutions, and leads innovation and thought leadership activities for the next generation of payments. It clears almost $2 trillion each day, representing nearly half of all automated clearing-house, funds transfer and check-image payments made in the United States. See The Clearing House’s web page at www.theclearinghouse.org