How Digital Payments Can Save Banks and Businesses Billions with Laurence Cooke of nanopay | Soar Payments LLC

How Digital Payments Can Save Banks and Businesses Billions with Laurence Cooke of nanopay

This week our podcast discussion focuses in on digital payments. There are so many organizations out there where payments and money transfer are crucial part of their operations… efficiency and function can have direct impacts on bottom lines and growth.

Given that, goals for speed, less friction, excellent security, and beyond put payments tech at the strategic forefront for many of these organizations. Our guest is Laurence Cooke, who is the founder and CEO of nanopay, a fintech working to reimagine payments by empowering businesses and banks to scale with innovative payment and liquidity management products.

Laurence has much to say on the topics of digital payments, financial technology, and beyond.

Payments & Fintech Insights In This Episode

  • The story behind nanopay, and why they want to work with central banks and other traditional financial institutions… not against them.
  • Why central banks are crucial to economies, and provide functions that cannot be replaced by cryptocurrencies.
  • How nanopay’s solutions reduce various risks for banks and other financial institutions, such as money-laundering.
  • Laurence’s thoughts on the present and future of payments and fintech.
  • With a whole bunch more!

Featured on the Show

Industry Spotlight

nanopay

nanopay is a global payments technology company based in Toronto offering business payment and liquidity products. nanopay offers businesses a cost-effective and secure way to send both domestic and cross-border payments, and offer banks and their corporate clients a real-time intercompany liquidity solution to free trapped capital.

Built on Centralized Ledger Technology (CLT), nanopay’s platform delivers a high level of performance and resilience, improving the visibility and security of payments. nanopay’s long term goal is to digitize money for central banks and offer the infrastructure to enable what’s more commonly known as Central Bank Digital Currency (CBDC).