Money 20/20 - How Open Banking and Instant Payments are Reshaping the Industry - Nico Strauss (Rabobank)
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Description
One of the most notable advancements in open banking is the concept of instant payments. Instant payments refer to real-time transactions that occur between bank accounts, ensuring immediate availability of funds to the recipient. This has revolutionized the way we transfer money, making traditional payment methods such as checks and wire transfers seem slow and outdated. During our conversation with Nico Strauss, the Tribe Leader B2B Services at Rabobank, we will dive deep into the world of open banking. We will discussing its benefits, challenges, and the potential impact it has on customers and businesses alike. And we'll also explore the significance of instant payments and how they are reshaping the payment landscape. This podcast was recorded live at Money 20/20 Europe in Amsterdam.
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