BOSTON, May 15, 2017 -- Flywire director of global payments, Mohit Kansal, will participate in a panel discussion on the future of payments at the 2017 New England Association of Financial Professionals (AFP) Conference taking place May 17-19 in Boston at the Seaport World Trade Center. Kansal will share his views on the impact of new payment technologies on current payment models and key constituents including banks, technology providers and end-customers. He’ll be joined on the panel by executives from Bank of America/Merrill Lynch and Celent.
New England AFP is a nonprofit organization focused on providing and maintaining a forum for the active and open exchange of ideas, concepts and techniques related to treasury management. The organization provides educational information and supports AFP’s legislative efforts for the purpose of maintaining proper treasury management controls and regulations.
The annual New England AFP Conference offers the opportunity to engage and network with financial professionals in all sectors and industries to obtain valuable insights on the most contemporary discussions around government regulations, investment strategies, asset management, and more.
Session Details:
The New Payment Technologies –
Are the New Kids on the Block Going to Push Aside Today’s Payment Models?
Wed., May 17, 10:30 – 11:45 a.m.
The abundance of news these days about the promise of exciting new advances in payments technology such as blockchain, APIs, and real time payments, has caused many to speculate that today’s older payment technologies are headed for obsolesce. With the impact of millennials demanding ultra-convenience and mobile everything, it is reasonable to imagine the best solution is to start fresh. Not so fast. Traditional payment processing is the backbone of $73T+ in world commerce – and will not change overnight. What the next generation of payment models will encompass is a blend of the old and the new. This session will share perspectives on which new payment models will make the cut and which will be historical footnotes. And how banks and organizations are planning ahead to strategically blend the old and the new.
Panelists:
Colin Kerr, Bank of America Merrill Lynch
Mohit Kansal, Flywire
Patricia Hines, CTP, Celent
About Flywire
Flywire is a leading provider of international payment solutions, connecting businesses and institutions with other businesses and consumers on six continents. Introduced six years ago as a way for international students to pay their tuition for studies abroad, Flywire is now used by over 1,300 organizations across 18 countries around the world. The company processes billions in payments per year from 220 countries and territories, via bank transfer, credit card and e-wallet solutions, in over 120 different local currencies. Convenient, fast and secure, Flywire’s scalable platform provides currency conversion at exchange rates that can offer significant savings when compared to home-market banks and credit card providers. The company also supports its clients with end-to-end customer support including multilingual servicing via phone, email, and chat, as well as 24/7 online payment tracking.
Flywire is headquartered in Boston, MA with international operations in London and Manchester, UK; Shanghai, China; Tokyo, Japan; Singapore; Sydney, Australia; and Valencia, Spain. For more information, visit www.Flywire.com.
Media Contact: Flywire Tim Walsh [email protected] 617-512-1641


Rising Jet Fuel Costs from Iran Conflict Push Airfare Higher Across Europe
U.S. Sanctions Target Chinese Refinery Over Iranian Oil Purchases
Organon Stock Surges After Reports of $13 Billion Buyout Bid by Sun Pharma
Meta Expands AI Training With Employee Activity Tracking Tools
Nvidia Pushes 800V Data Center Power Systems to Boost Efficiency and Cut Costs
Brazil Blocks Prediction Market Platforms, Tightens Derivatives Trading Rules
SpaceX President Gwynne Shotwell Earns $85.8M as IPO Buzz Grows
Why Global Web3 Projects Can't Afford to Skip South Korea: TokenPost Unveils Data-Driven Entry Solutions
PLS Reports Record Lithium Output as EV Demand Fuels Market Growth
Judge Dismisses Elon Musk’s Fraud Claims Against OpenAI, Trial to Proceed on Remaining Allegations
Florida Launches Criminal Probe Into OpenAI Over FSU Shooting Incident
DeepSeek Launches V4 AI Models with Enhanced Reasoning and 1M Token Context Window
SK Hynix Reports Record Q1 Profit Surge Driven by AI Memory Chip Demand
European Car Sales Surge in March as EV and Hybrid Demand Accelerates
Amazon Stock Rises as Meta Expands AWS Partnership for AI Infrastructure
SpaceX Eyes $60B Cursor Deal to Boost AI Power Ahead of IPO
Hyundai Plans 20 New Models in China to Boost EV Strategy and Market Share 



