Author: Barry Rodrigues, EVP Payments (Payments), Finastra

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Barry is responsible for Finastra’s payments organization. An experienced senior leader, he has a compelling track record of working in both early stage and growth businesses, spanning digital banking, credit cards, buy now pay later, merchant acquiring, corporate/virtual cards and networks. Barry has built his 35-year career in financial services around the world in leading companies. Most recently he was a Senior Advisor at Boston Consulting Group. Prior to that, he was Chief Executive Officer at Barclays Cards and Payments where he oversaw the digital banks and credit card divisions in the US and Germany, as well as merchant acquiring, corporate card and point of sale businesses in the UK. He brings deep payments knowledge and strong leadership expertise to his role at Finastra.

Recent technological innovations and increasing demand for convenience and security have expedited the shift to digital systems, including financial systems. This has become the catalyst for people and businesses to find new ways of interacting and conducting transactions digitally. As a result, central banks have shown increasing interest in the central bank digital currency (CBDC) concept to accommodate this demand. Central banks see CBDCs as not only meeting evolving needs of their constituents, but also as a way to drive financial inclusion, thereby levelling the financial playing field. Additionally, the emergence of cryptocurrencies and stablecoins has highlighted digital currencies’ potential…

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