Wednesday webinar at one: The digital money race

Wednesday 07 September 2022 | 13:00 - 13:40 | Webinar

This webinar has been organised by CFA UK's Future of Money working group

The recent falls in cryptocurrencies have led many to write off the entire digital assets sector from bitcoin through to Web 3.0 as a blip. This has echos of the Dotcom crash when many incumbents dismissed the impact of the internet only to see their businesses disrupted in the following years. 

Yet money and payments systems are changing for a variety of reasons such as technological innovation, regulatory shifts, through to the consequences of Russian sanctions.

The race between physical and digital money is in the endgame. We are now in a new phase – a contest between different types of digital money.

In this webinar, Tony McLaughlin, Citi’s expert on emerging payments, will talk about the 5 different conceptions of digital money; central bank money, commercial bank money, e-money, public cryptocurrencies and stablecoins.

He will weigh up the pros and cons of each, and evaluate the likely future course of digital money and what that means for markets and investors.

Timings

Registration: 12:55

Event: 13:00 - 13:40

CPD Points: 1.00

Speakers

Tony McLaughlin, Emerging Payments and Business Development, Citi

Tony McLaughlin is responsible for Emerging Payments and Business Development in Citi’s treasury and trade solutions (TTS) business. Tony works on Citi’s ‘future of money’ strategy, is responsible for the TTS E-commerce proposition and is deeply involved in new methods of payment, distributed ledger and fintech engagements. He provides advice on the future of payments to governments, regulators, fintechs, big techs, corporates and financial institutions.

He joined Citi in 2004 and has been Cash Management Head for Asia Pacific based in Hong Kong and the Global Transaction Services Head for the United Kingdom, spearheading Citi’s engagement with large public sector clients and payment aggregators.

Tony was responsible for the design and development of ABN AMRO’s third party continuous linked settlement (CLS) offering, core electronic banking platform and transactional foreign exchange solution.