17 July 2018
Samarth Shekhar

FinTech Forum

Samarth Shekhar - FinTech Forum

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Top nightmares that your Head of Payments won't talk about

22 April 2012  |  4102 views  |  1
What's keeping Head of Payments/Cash Management at European banks awake at night? I take a first shot - no hard feelings- and request readers to add on: 1.) Some bloke in the boardroom asks me how we are leveraging the information around payments transactions. 2.) Fast forward 3 years- searching for "Head of Payments" on job sites yields no results. 3.) Our bank has become a payments processor/outsourcer! 4.) Tomorrow is 1st Feb. 2014. 5.)The trendy new Head of Payments IT is presenting the "business" plan and strategy for my division. 6.) My daughter created a PayPal account for me to transfer money! 7.) I need to pay for this business dinner, and the restaurant will only accept mobile/NFC payments!

Comments: (1)

A Finextra member
A Finextra member 25 April, 2012, 17:17

lol Funny.  #7 might happen in about 50 years!  Seriously I want NFC to work now, but it will take while yet and cash will be king for a bit longer.

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job title Co-Founder
location Frankfurt am Main
member since 2012
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Co-Founder of FinTech Forum, the first and largest hub for fintech in Germany, DACH and Central Europe. Named to the Wall Street Journal Financial News FinTech 40: 40 Innovators Shaping the Future of...

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