In the ever-evolving landscape of international finance, one pressing question looms large: Can Central Bank Digital Currencies (CBDCs) truly transform the realm of cross-border payments?
CEO, Founder and Consultant, Payments Innovation Consulting
Dr Michael Salmony is an internationally recognised leader on strategy of business innovations in digital and financial services with a particular focus on Payments, Open Banking/PSD2/Open Finance, FinTech, Digital Identity, e-Invoicing/SCF, AI for Financial Services and Electronic Money/CBDC.
He is board-level advisor to major international banks, industry associations, regulators and finance bodies across the world and regularly helps shape future directions in all key decision making bodies (e.g. European Commission/ECB/European Parliament in Europe, and central banks from Japan to Uruguay and Kazakhstan). For 10 years he served as Executive Adviser to the Board of Worldline Financial Services, helping to bring them from a local player to become the world’s 4th largest financial processor of transactional services, which handles over 17 trillion Euro per year.
He also works with multiple regions where financial innovations are currently emerging – for example with the World Bank in Central Asia, as Board Member of Fintech Africa, as Advisory Board Member to Mastercard in Latin America, as strategic partner to FinTech Istanbul.
Awards: FRSA - Fellow of the Royal Society for Arts, Manufactures and Commerce, Issued by RSA - The UK royal society for arts, manufactures and commerce - Nov 2022
Expertise In: Mobile Payments, Payment Systems
Languages: English, French, German