Day 1
09:40
10:10
Turbine Hall
Rails
Keynote
Settle 27
The end of T+1
Why next-day settlement is a choice, not a law of nature, and what it costs merchants every year we keep it.
Abstract
Merchants still wait a day for money that moved in seconds. Imani Okafor puts a number on that day: the working capital it locks up, the fraud window it opens, the fees it hides.
Then she walks through what Ferro Pay changed to settle same-day in 31 countries, and the three things banks would have to change for everyone else.
Best for
Founder, Bank, Investor
On stage