Global Payments: An Accelerating Pace of Change with Somesh Khanna ('98), Senior Managing Partner and Co-head of McKinsey's banking and securities Practice
Tuesday, April 13th
Time: 5:30 pm EDT
**All are Welcome**
For the global payments industry, the pandemic and its consequences have accelerated existing trends in both consumer and business behaviors, and introduced new developments, such as a restructuring of both supply chains and cross-border trade. Ongoing shifts toward e-commerce, digital payments (including contactless), instant payments, and cash displacement have all been significantly boosted. Overall, the crisis has compressed a half-decade's worth of change into a year in areas that are usually slow to evolve: customer behavior, economic models and payments operating models. Challenges will accompany this structural shift.
Please join Somesh Khanna ('98), Senior Partner and coleader of McKinsey & Company's banking and securities practice, for a discussion of critical areas to focus on for achieving success in this changing landscape.