Live on the #Sibos stage: @JanineJoyHirt introducing Alistair Currie, Global Head of Consumer Banking & Payments, @Barclays.
"Innovation is no longer a department," says Currie. "It's part of our fabric. But we've figured out we can't do it all ourselves. We've grown more accustomed to working with partners and running an open architecture model [to innovate]."
"We look for partners of all shapes and sizes," says Currie. "We won't always use partners but we certainly look. We're looking for that bit of competitive edge."
"We live entirely in a highly regulated space - and from multiple angles," says Currie. "The requirements have gone up and will keep going up. But we also have a genuine interest in working with fintechs. For this to hang together, we have to follow the rules together."
"Tools, processes, clarity of requirements, softer things like skills - it goes across everything," says Currie. "If we don't see that our partners are up to scratch we have to say, and try to help. And make adjustments internally if needed."
"What will leadership at Sibos 2050 look like? Younger, more diverse (in the fullest extent of that but notably gender and ethnicity)," says Currie. "Leadership will have to navigate an entirely different collaborative landscape."
"It makes sense for us to lead with custody," says Butler. "We see it as foundational - execution is next. Clients come to us for trust, innovation, and client experience. Interoperability is key."
"You open up these technologies to people and you don't know what they're going to do with them," says Herkelrath. "Multiple concerts this summer were carried out as NFTs. You got more of an experience and you have a collectable. That's fascinating for the future."
This morning, we're bringing you highlights from @joymacknight's Inside Leadership interview with @BankofAmerica's Vice Chair, Cathy Bessant.
"There are 1.5m jobs in cyber alone that are unfilled today," says Bessant. "Our job is to train people for the skills we need today and in the future. Technology can be learned. We don't need more workers, we need the right skills."
"No one in this room is ready to transact when there is no one to contact if things go wrong," says Rieupeyroux. "What you want, at the very least, is someone you can sue if things go wrong."
"When you look at smart contracts, you can easily imagine an environment where someone you trust is certifying the smart contract," says Rieupeyroux. "There are many areas where centralised players can deliver value in a decentralised environment."
"Millions of small merchants are now taking payments from phones in their pockets," says HM Queen Maxima. "But we should not seek innovation for innovation's sake. The first priority is 'do no harm', ensure cybersecurity and data governance are in place."
"But we have a chance to move beyond that to 'doing good'," says HM Queen Máxima. "It is important to see how much value for customers and value for firms we can generate in the long term. How can we do more of this?"