Webinar: Payment Systems Trends in Japan
The overhaul of Japan’s payments system will have impact on a number of levels. While financial institutions and the service vendors catering to them will have to adapt to new payment infrastructure, the new system will open the door to service opportunities. In other words, the Bank of Japan’s aims for this new system — a shift to straight-through processing of payments, greater integration with the securities infrastructure, and measures responding to globalization — present companies with the opportunity to craft innovative, disruptive payment systems.
Eiichiro Yanagawa, Analyst with Celent’s Asian Financial Services practice, looks at Japan’s payment and settlement system. After proposing an organizational framework for payment systems and payment services and related global trends, he examines the history of Japan’s payment and settlement system, how it withstood the 2008 global financial crisis, and challenges and the outlook for the future. He analyzes the national initiative to overhaul the BOJ-NET system to forge a payment and settlement system that is both reliable and adaptable, subsequently discussing the related initiatives being taken by payment service vendors.
This webinar draws on findings from the Celent reports Payment Systems Trends in Japan, Part 1: Financial Market Infrastructure Trends in Japan and Around the World and Payment Systems Trends in Japan, Part II: New BOJ-NET and Related Corporate Initiatives.
For more information about this event, please contact Yuya Fukumori at +81-3-3500-3038 or firstname.lastname@example.org.