Senator Colin Deacon interviews Nick Ogden, Founder of Worldpay, ClearBank, RTGS Global, and one of the primary founders of e-commerce. Beginning this first interview in a series of three interviews, Senator Deacon and Nick Ogden discuss Britain’s use of fintechs in their COVID-19 response and the ways in which Canada’s industry can catch up.

Senator Colin Deacon interviews Nick Ogden, Founder of Worldpay, ClearBank, RTGS Global, and one of the primary founders of e-commerce. In this second of three interviews, Nick Ogden discusses establishing ClearBank, the first new clearing bank in the UK in 250 years, and the opportunities its creation has sparked.

Watch what happened when Nick Ogden, founder & CEO of ClearBank and RTGS, and Nigel Verdon, co-founder & CEO of Railsbank, walked into a Paris bar two years ago. Our OBE community were in the right place and at the right time to hear the true story about a Z$1 billion note. This is the first officially recorded account of the events. There have been reports of an attempt to use the banknote on the night of the filming.

What is Open Banking Excellence (OBE)?
Open Banking Excellence (OBE) is the world’s leading community of Open Banking and Open Finance pioneers. It’s an industry ‘campfire’ that brings together FinTechs, banks, industry participants, regulators, BigTech companies and legal advisers to learn, share stories, spark debate and collaborate.

Our mission is to be the authentic voice representing a global movement of like-minded experts who through collaboration provide technical, regulatory and legal insight into Open Banking and Open Finance and their wider implications for a dynamic, innovative and fast-growing financial sector.

We believe Open Finance will help build a better world through financial inclusion, social change and by providing greater control and choice to us all.

Recorded 1st of May

David was joined by Nick Ogden, founder of ClearBank and RTGS, the global network for cross-border liquidity. In this episode, David and Nick discuss the massive shift to digital that the planet has gone through during #COVID19 and the big educational wave that has taken place for digital. Neither believes that we will go back to normal after this and for the financial services industry, that means a change to people’s relationships with their providers forever.

They also discuss Nick’s latest venture, RTGS Global, and the great work that they’re doing to speed up the international payments industry. The cost of delays to international payments is something to the tune of $15Tn. That’s right, trillion. There is an urgent need to speed up the way money moves – and to do it safely, and RTGS are not only working on that but are ramping up their efforts in order to match the urgency that COVID19 brings the industry.

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