Regulation should provide a competitive advantage with Citi | FF News at Fintech Connect
By Lauren Towner · 6 February 2024

'Regulation should provide a competitive advantage'.
At Fintech Connect we spoke to Citi's EMEA Head of Domestic Payments and Receivables, Elena Gomez, to find out how they're making the move to seamless instant payments. We hear about the challenges facing instant payment adoption in the US and how the introduction of FedNow is a step in the right direction.
Citi are a global bank and there's some interesting thoughts on creating solutions that work for people around the world, as well as the challenge of working in a competitive and fragmented ecosystem. Gomez is also optimistic about the opportunity for financial institutions to use regulation as a competitive advantage.