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The Great Convergence: Building Tomorrow's Integrated Payments Networks

The consensus is clear: global payment networks see collaboration, not competition, as their path to future dominance. Major networks are already building bridges – Mastercard with Ant International, Swift with blockchain layers, NGP's Nexus connecting instant payment systems worldwide. But as these technical integrations accelerate, a critical question emerges: what policy frameworks will govern this interconnected future?
 
When payment networks interoperate across borders, whose rules apply? How do regulators ensure consumer protection when a transaction touches multiple jurisdictions and networks? As networks become more interdependent, how do policymakers balance innovation with systemic risk? And perhaps most importantly – how can policy frameworks evolve to support beneficial network effects while preventing any single player from wielding excessive market power?
 
This roundtable brings together payment network leaders, financial regulators, and policy experts to explore how regulatory frameworks must adapt to govern an era of payment network collaboration. The stakes are high: get the policy right, and we unlock unprecedented efficiency and inclusion in global payments. Get it wrong, and we risk creating new systemic vulnerabilities or stifling the very innovation that promises to transform how the world moves money.

Speakers

Agnès Bastaert

Agnès Bastaert

Head of Global Affairs & Strategic Development, Europe, Ant International

Holger Neuhaus

Holger Neuhaus

Head of Market Innovation & Integration, European Central Bank

Lawrence Chan

Lawrence Chan

Group Chief Executive Officer, Network for Electronic Transfers (Singapore)

Tim Moncrieff

Tim Moncrieff

Managing Director of Visa Payments & Currencycloud & VP, Strategic Initiatives & Execution, Visa Direct, Visa

Helena Forest

Helena Forest

EVP, Real Time Payments Product & Commercial, Mastercard

Mike Truter

Mike Truter

Director, Head of Industry Engagement, Swift

Moderator

Jo Yeo

Jo Yeo

Director & Head, Payments Development & Data Connectivity Office, Monetary Authority of Singapore