Session Description:

The rise in electronic payments is to be expected – payments are paper to electronic to virtual.  What are the benefits associated with electronic and virtual payments – a discussion of the total cost which extends across the entire payment cycle puts it into perspective.  Blockchain will be discussed relative to processing payment data.

• Total cost of entire payment cycle is discussed
• How to optimize the payment solution by factoring cost, efficiency, risk and incentives
• New technology (blockchain) and its potential impact on the payments cycle

Speaker:

Neal Herring, Treasury and Financial Operations Advisor at Vizant delivers value to clients in the form of cost reductions and operational efficiency.

He graduated from Penn State in 2013 with two degrees, a Bachelors in Finance and a Bachelors in Economics while playing Division 1 Baseball all 4 years. While at school, Neal participated in multiple Wounded Warrior events and worked with local charities to maintain historical houses.

 After school, he immediately began working at JPMorgan as a Financial Controller for EMEA Exotic products. Neal moved to Barclays in 2015 to manage their USD Intraday Liquidity. While there, using innovative and analytical strategies, he managed to reduce millions in costs to Barclays.

His unique background is defined as team oriented while being a valued individual contributor. Much of his success has come from challenging assumptions looking for opportunities of continuous improvement. Neal’s functional expertise resides in the areas of Financial Reconciliations, Liquidity/Cash Management and Treasury Operations.

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