April 22nd: The End of Client Accounts: How Tokenisation and AI Are Forcing a New Legal Infrastructure w/ John Bertram, Director at On Demand Payment Technologies

Rarely does a single conversation connect 1980s Citigroup trading floors to the future of programmable money so compellingly. John Bertrand, director at On Demand Payment Technologies, joins hosts James Tylee and Jonny Fry to trace how decades of financial infrastructure work have led us to this precise inflection point in banking history.John's ten years at Citigroup in New York shaped his understanding of how legacy systems resist change even when they are clearly inefficient and clearly holding everyone back. He points to UK government payment delays averaging 58 days as a striking example of how broken the status quo remains.Could programmable digital money finally solve what outdated systems like SWIFT's correspondent networks have failed to fix for generations? The conversation covers everything from the Bank of England's digital sandbox experiments with repos to HSBC's tokenized gold project in Hong Kong, painting a picture of transformation that is already underway.Fortunately, the hosts ground these big ideas in practical reality. (John's FX Match system, which helped inspire SWIFT, shows he has been here before.) The key insight is that scalability is already proven through trillions in monthly blockchain transactions. The real work now involves legal frameworks and regulatory change.Tune in for a genuinely illuminating conversation about where money is heading next.