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Correspondent Banking Re-inventing Itself From the consumer to the institutional client – how is the rapid evolution of technology affecting correspondent banking and cross-border payments? The incumbent banks have lost a significant portion of their retail payment volumes to the non-banks. XB B2B payments is growing and account for a significant portion of the transaction banking revenue. After all payment & cash management is the number one anchor product in a corporate relationship. As disruption moves up from the mass market to the high-margin business, what are the banks' responses to retain and grow the wholesale payment space? Is the correspondent baking up for the change? What are the alternatives? Moderator Christian Stolcke Managing Director, Head of Global FI and Governments, Global Payments Solutions Bank of America Panelists Serge Elkiner CEO Yellow Pepper, a VISA Solution Patricia Sullivan Global Head, Institutional Cash Management Deutsche Bank Gloria Wan General Manager, Confirm & Route Logic Onyx by JPM