US Bank at FinovateSpring 2023 – The evolution of digital payments in the US

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US Bank at FinovateSpring 2023 – The evolution of digital payments in the US

About the speakers
  • Paul Hindle
    Paul Hindle
    Editor at FinTech Futures
    Paul Hindle is Editor at FinTech Futures. He has over seven years' experience in editorial, production and management roles for print and online publishing companies. He was previously News Editor for a global financial technology news start-up and has overseen the production and publication of over 500 books for two market-leading academic and technology publishing houses.
  • Anu Somani
    Anu Somani
    Head of Global Payables & Embedded Payments at U.S.Bank
    Anu Somani is the Head of Global Payables and Embedded Payments at U.S. Bank. In her role, Anu is responsible for developing the next generation of embedded and instant payment solutions for clients, driving solutions for clients that combine existing and evolving payment systems. Under Anu’s leadership, U.S. Bank launched its Payment Innovation Studio in 2019. In the studio, Anu’s team works collaboratively with corporate clients to develop real-world solutions to the unique payment and treasury management challenges businesses are facing. Over the course of her career – which has included finance and payment roles in Singapore, South Korea, Switzerland, the U.S. and UK – Anu has been named one of PaymentSource’s Most Influential Women in Payments Next and also an Emerging Leader in Banking and Finance by Crain’s New York. Anu works out of U.S. Bank’s New York City office and has an MBA from London Business School.

Key takeaways

Whether new digital payment methods will eventually remove the need for cash and paper cheques in the US.

How the upcoming launch of FedNow will impact banks and their customers and the positivity around its future.

The key payments trends and tech developments in the industry right now that banks should look to focus on.