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Global Payments Week 2016
September 20-23, 2016Turin, Italy

Global Payments Week 2016

The World Bank coordinates a number of regional initiatives in the area of payment and securities settlement systems around the world. The Committee on Payments and Market Infrastructures (CPMI) of the Bank for International Settlements (BIS) has actively supported these initiatives since their inception. These initiatives are: the Western Hemisphere Payments and Securities Settlement Forum (WHF), which has been covering the Latin America and the Caribbean region since 1999; the Arab Payments and Securities Settlement Initiative (API); the Commonwealth of Independent States Payments and Securities Settlement Initiative (CISPI)the South Asian Payments Initiative (SAPI); and the Pacific Payments and Remittances Initiative (PAPRI).

These initiatives also count on support from an International Advisory Council (IAC).

OVERVIEW

The “Global Payments Week” is a biennial event that complements the activities carried out by the different regional initiatives. This event continues to bring together regional experts and IAC members to assess project progress, discuss the most important issues and trends in the field of payments and securities settlement, and agree upon next steps. Additionally, Global Payments Week provides a unique opportunity to get updates on the latest developments in payments on a global and regional level, network, and exchange experiences with other national and regional authorities. 

Activities and topics include:

  • Meeting of the Working Group on Payment System Issues of Latin America and the Caribbean.
  • International remittances and cross border payment issues.
  • Retail payments and payment aspects of financial inclusion.
  • Cybersecurity.
  • Recovery and resolution of financial market infrastructures.
  • Participants.

Attendees include:

  • Latin American and Caribbean national financial authorities.
  • Members of the International Advisory Council of the Payments Forum that are responsible for the regulation, operation, oversight and development of payments and market infrastructures.
  • Representatives and stakeholders from across the globe interested in the most relevant topics in the Payments and Securities Settlement Systems space.
  • Language: English with simultaneous interpretation to Spanish.

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The event is co-sponsored by Banca d’Italia, the Arab Monetary Fund, the Bank for International Settlements (BIS) and the Center for Latin American Monetary Studies (CEMLA).

 

Agendas

Plenary  |  Africa-Asia Group  |  Commonwealth of Independent States Payments and Securities Settlement Initiative (CISPI)  | 
Western Hemisphere Payments and Securities Settlement Forum (WHF)

Presentations

Wednesday, September 21, 2016
Plenary Session (available presentations linked to names)

Remittances and Project Greenback

Remittance cost reduction efforts: recent trends and project updates.  Updates from the World Bank. Massimo Cirasino, World Bank

Smart Remitter Target – SmaRT.  A new approach to Monitor remittance price trends.  Marco Nicolì, World Bank

Greenback 2.0 - Champion Cities.  Massimo Cirasino, World Bank

Greenback 2.0 – Champion Cities – Johor Baru, MalaysiaNik Mohamed Din Nik Musa, Bank Negara Malaysia

Greenback 2.0 - Champion Cities – Lombok Timur, IndonesiaIsaku Endo, World Bank

Greenback in the pipeline – HaitiMarco Nicolì, World Bank

Thursday, September 22, 2016
Plenary Session (available presentations linked to names)

Payment Aspects of Financial Inclusion and Cyber-Security

Payment Aspects of Financial Inclusion (PAFI) Overview.  Massimo Cirasino, World Bank

Cost Studies in Portugal.  Banco de Portugal

Cost Studies in Albania.  Bank of Albania

Guidance on cyber resilience for financial market infrastructures.  Emanuel Freire, Member of CPMI Secretariat

Interchange Fee RegulationSilvia Kersemakers, European Commission, DG FISMA

Regulatory reforms in area of retail payments: Recent developments and impact of digitalisationSilvia Kersemakers, European Commission, DG FISMA

Directive 2014/92/EU on payment accountsEuropean Commission, DG FISMA

Retail Payments

How much does it cost to pay?  A practical guide to measuring retail payment costs.  Harish Natarajan, World Bank

Friday, September 23, 2016
Plenary Session (available presentations linked to names)

CPMI-IOSCO standards and good practice

CCP Resilience and Recovery – BrazilRogerio Antonio Lucca, Banco Central do Brasil

CPMI-IOSCO Work Guidance on CCP Resilience and RecoveryDaniela Russo, Co-chair CPMI-IOSCO PSDG

Presentations by Region

Africa-Asia Regional Meeting
(available presentations linked to names)

Opening RemarksIsaku Endo, World Bank

Retail Payment Systems Developments in ZimbabweJosephat Mutepfa, Reserve Bank of Zimbabwe

Remittances and National Retail Payment System: PhilPaSS REMITEleanor S. Turaray, Central Bank of the Philippines.

Improving payment systems infrastructures with FAST payment systemSarat Ouk, National Bank of Cambodia:

Strategy to Accelerate Migration to e-Payments in Malaysia. Nurul Ashikin Mohammad Bokhari, Bank Negara Malaysia

SADC Payments initiatives and regional oversightTim Masela, South African Reserve Bank.

WHF Regional Meeting
(available presentations linked to names)

Risk management in payment systems (PS) and financial market infrastructures (FMIs) of Latin America and the Caribbean: current issues and approaches. Rogerio Lucca, Banco Central do Brasil

Operationalizing the Payment Aspects of Financial Inclusion (PAFI) framework. PAFI co-chairs and CEMLA

Cyber resilience, IT security and other relevant operational continuity related issues. Victor de la Luz, Banco de Mexico

Mitigating de-risking: the perspective of Latin America and the Caribbean. Fabiola Herrera, Banco Central de la Republica Dominicana and Carlo Corazza, World Bank Group

Global Payments Week 2016
  • Dates: Tuesday, 9/20 - Friday, 9/23
  • Location: Turin, Italy
  • Venue: Biblioteca Nazionale Universitaria di Torino (Turin National University Library), Piazza Carlo Alberto 3


Photo Gallery

Global Payments Week 2016

Photos from the event.

In Cooperation With: