Kanv Pandit

General Manager, Payments Solutions, Asia at FIS

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Bio Mr. Kanv Pandit is General Manager responsible for Payments Solutions for South East Asia, Japan and Korea at FIS Global, the world's largest technology provider to the global banking industry Career History Kanv is responsible for leading FIS' payments operations, outsourcing and managed services and business development activities across the region. Previously, Kanv held roles leading Technology and Operations for FIS' regional payments business and heading the business solutions group in his first ro

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The Convenience of Cheques: Long May They Live

Cheque volumes continue to grow in many major economies, including India, China and some countries in SE Asia. The relative growth may be less than e-payments, but in aboslute numbers they are quite significant. Most often cheques pay for themselves.. think of float the bank's enjoy - fees levied for issuance, clearing. Settlement cycles for e-payments are under pressure, so are those for cheques but less so. No argument can be made for cheques being the most efficient instrument available, but certainly very convenient for a very large segment of people. Unless e-payments can take away some of the barriers to use, cheques will continue to be cut. Some habits die hard, at least for some.

12 Mar 2009 Reply Read article