From Local to Global: Building a borderless network for banks episode artwork

EPISODE · Mar 28, 2023 · 32 MIN

From Local to Global: Building a borderless network for banks

from Money Travels · host Visa Direct

We put our money in banks to keep it safe, and maybe watch it grow. But now that the digital revolution is here, and we’ve gotten a taste for real-time money movement, we want that same ease to be in place when we bank.  To show us how it’s done, Indre Viskontas is speaking with Norman Butler, the Managing Director of Visa Payments Limited, and Parikshit Bhattacharya, who is the VP and Head of Cash Management of the Middle East at Barclays, about the the infrastructure necessary to support moving money across borders, with different currencies, at the scale and speed that we now expect.  So press play and get ready for this insightful episode of Money Travels, brought to you by Visa. Follow UsWebsite https://www.visa.com/visadirectLinkedIn @Visa DirectPresented by Visahttps://usa.visa.com Actual fund availability varies by receiving financial institution and region, receiving account type, and whether transaction is domestic or cross-border. Please refer to your Visa representative for more information on availability.Use cases are for illustrative purposes only. Program providers are responsible for their programs and compliance with any applicable laws and regulations.Twelve months 1 October 2021 – 30 September 2022. Visa Inc, Quarterly Results, Q4 2022 Transcript.This podcast contains forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995 that relate to, among other things, our future operations, prospects, developments, strategies, business growth and financial outlook. Forward-looking statements generally are identified by words such as "believes," "estimates," "expects," "intends," "may," "projects," “could," "should," "will," "continue" and other similar expressions. All statements other than statements of historical fact could be forward-looking statements, which speak only as of the date they are made, are not guarantees of future performance and are subject to certain risks, uncertainties and other factors, many of which are beyond our control and are difficult to predict. We describe risks and uncertainties that could cause actual results to differ materially from those expressed in, or implied by, any of these forward-looking statements in our filings with the SEC. Except as required by law, we do not intend to update or revise any forward-looking statements as a result of new information, future events or otherwise.Visa Direct capability enabled through financial institution partner.Visa neither makes any warranty or representation as to the completeness or accuracy of the information within this podcast, nor assumes any liability or responsibility that may result from reliance on such information and any information from third parties. The information contained in this podcast is not intended as investment or legal advice, and listeners are encouraged to seek the advice of a competent professional where such advice is required.All brand names, logos and/or trademarks are the property of their respective owners, and do not necessarily imply product endorsement or affiliation with Visa.The views and opinions expressed in this program are those of the speakers and do not necessarily reflect the views or positions of any entities they represent.Visa Direct product availability and functionality depends on receiving financial institution and region.Visa Direct Wallet capability is under development and not yet commercially available.The Visa controls described in this podcast are for Visa's internal compliance purposes. Visa Direct clients and participants should always consult and seek approval from their internal compliance teams on sanctions screening controls and processes. Visa Direct clients and participants are solely responsible for their own compliance with applicable laws and regulations.

We put our money in banks to keep it safe, and maybe watch it grow. But now that the digital revolution is here, and we’ve gotten a taste for real-time money movement, we want that same ease to be in place when we bank.  To show us how it’s done, Indre Viskontas is speaking with Norman Butler, the Managing Director of Visa Payments Limited, and Parikshit Bhattacharya, who is the VP and Head of Cash Management of the Middle East at Barclays, about the the infrastructure necessary to support moving money across borders, with different currencies, at the scale and speed that we now expect.  So press play and get ready for this insightful episode of Money Travels, brought to you by Visa. Follow UsWebsite https://www.visa.com/visadirectLinkedIn @Visa DirectPresented by Visahttps://usa.visa.com Actual fund availability varies by receiving financial institution and region, receiving account type, and whether transaction is domestic or cross-border. Please refer to your Visa representative for more information on availability.Use cases are for illustrative purposes only. Program providers are responsible for their programs and compliance with any applicable laws and regulations.Twelve months 1 October 2021 – 30 September 2022. Visa Inc, Quarterly Results, Q4 2022 Transcript.This podcast contains forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995 that relate to, among other things, our future operations, prospects, developments, strategies, business growth and financial outlook. Forward-looking statements generally are identified by words such as "believes," "estimates," "expects," "intends," "may," "projects," “could," "should," "will," "continue" and other similar expressions. All statements other than statements of historical fact could be forward-looking statements, which speak only as of the date they are made, are not guarantees of future performance and are subject to certain risks, uncertainties and other factors, many of which are beyond our control and are difficult to predict. We describe risks and uncertainties that could cause actual results to differ materially from those expressed in, or implied by, any of these forward-looking statements in our filings with the SEC. Except as required by law, we do not intend to update or revise any forward-looking statements as a result of new information, future events or otherwise.Visa Direct capability enabled through financial institution partner.Visa neither makes any warranty or representation as to the completeness or accuracy of the information within this podcast, nor assumes any liability or responsibility that may result from reliance on such information and any information from third parties. The information contained in this podcast is not intended as investment or legal advice, and listeners are encouraged to seek the advice of a competent professional where such advice is required.All brand names, logos and/or trademarks are the property of their respective owners, and do not necessarily imply product endorsement or affiliation with Visa.The views and opinions expressed in this program are those of the speakers and do not necessarily reflect the views or positions of any entities they represent.Visa Direct product availability and functionality depends on receiving financial institution and region.Visa Direct Wallet capability is under development and not yet commercially available.The Visa controls described in this podcast are for Visa's internal compliance purposes. Visa Direct clients and participants should always consult and seek approval from their internal compliance teams on sanctions screening controls and processes. Visa Direct clients and participants are solely responsible for their own compliance with applicable laws and regulations.

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From Local to Global: Building a borderless network for banks

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How long is this episode of Money Travels?

This episode is 32 minutes long.

When was this Money Travels episode published?

This episode was published on March 28, 2023.

What is this episode about?

We put our money in banks to keep it safe, and maybe watch it grow. But now that the digital revolution is here, and we’ve gotten a taste for real-time money movement, we want that same ease to be in place when we bank.  To show us how it’s done,...

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