Canada's payments infrastructure is in the midst of a major overhaul. For incumbents, that creates both challenges and opportunities.
Organizations that treat initiatives such as Payments Canada Modernization and Open Banking as compliance issues will miss out on a tremendous opportunity to leverage data, capture market share and improve profitability. New technology partners create competition - and opportunities to build dynamic payments ecosystems.
Organizations must also contend with limited budgets, conflicting development schedules and competing priorities. That means investing in core and differentiating capabilities while ignoring "shiny objects" and vapourware in the market.
By their nature, payments require multiple parties to succeed. I help build bridges between financial institutions, merchants, payments networks and regulators.
Talk to me about:
Payments product strategy
Payments/digital banking integration
Open banking strategy
Canadian payments market entry strategy
Where I've made a difference:
Developed the enterprise payments strategy for a major payments processor, including stakeholder analysis/consultations, vendor strategy, delivery models and vendor selection
Led an impact assessment of Payments Canada Modernization for a consortium of clients
Developed the global transit payments strategy for a top-tier international payments network, including modeling the market potential for public and private transit markets across six continents and twenty high-potential metropolitan areas
Developed the mobile, contactless, loyalty and private-label acceptance strategy and implementation road map for a diversified national Canadian retail chain