Learn more about Hong Kong's real-time payments market from Hang Seng Bank's Stéphan Levieux
He will be one of the panelists at the 2017 Banking Forum in Hong Kong.
Stéphan Levieux is the head of deposit, payments and cash management strategy at Hang Seng Bank. He is responsible for the Bank’s strategy for its deposit, payments and cash management business. His work has a particular emphasis on the Bank’s proposition for its corporate, commercial and institutional customers.
Prior to joining Hang Seng Bank in 2014, he spent 16 years with HSBC in Hong Kong. His last position with HSBC was as the Asia-Pacific head of product management for the bank’s Payments and Cash Management business.
Levieux has worked in Asia since 1989. Before specialising in transaction banking, Stéphan also held roles in information technology and in relationship management with Banque Nationale de Paris in Hong Kong.
Levieux will be one of the panelists who will discuss Real-time Cross-Border Payments in Asia at the upcoming 2017 Banking Forum in Hong Kong.
What are your previous experiences and positions held that contributed to who you are as a banker/financial services expert today?
I have more about 27 years of experience in the banking industry, including 19 years focused on the payments and cash management business. Through my previous position at HSBC, I have been involved in multiple payment projects across Asia, including the introduction of real-time payments platform in India, Singapore, Australia and now Singapore.
I have also represented Hong Kong as a member of the Payments Market Practice Group (a SWIFT advisory group) from 2011 to 2014. I currently represent Hong Kong on the SWIFT Payments Maintenance Working Group and I am also the Hong Kong Chairperson for the SWIFT National Member and User Group.
What are your key business philosophies?
Act with integrity and be curious about your business and about your customers.
Can you give us a glimpse of what you will share during the panel discussion at the 2017 Banking Forum in Hong Kong?
The developments of real-time payments market infrastructure across the region is gathering speed, Hong Kong being one of the recent markets to jump on this bandwagon. This represents now doubt a significant change in the payment world. Whilst the initial focus is on domestic transactions, the market will no doubt evolve toward the enablement of real-time cross-border payments as well.
Some service providers have already developed solutions leveraging existing ACH systems or the new real-time platforms. However, the market is not mature yet. These developments also raise significant challenges regarding compliance, whether related to sanction screening or money laundering. Proper coordination of standards, e.g. through the ISO 20022 Real-time Payments Group, will also be essential.
The 2017 Banking Forum will be held on July 26 at the Conrad Hong Kong.
If you are interested to attend, you may contact Nikki Quiniquini at [email protected] or at +65 3158 1386 ext 238.
To read the post-event coverages of the Retail Banking Forums held this year, click on the links below: