Delivering the Fairy Tale

Delivering the Fairy Tale: Near-Real Time Cross-Border Wires

PDMA Carolinas | September 15, 2020

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If you had asked, payment professionals back in 2015 if we would ever see same-day cross-border payments tracked like my Domino’s pizza and transparent when it comes to fees, it seems a bit like a Cinderella story. Nevertheless, here we are in 2020 and that fairy tale is reality – the glass slipper fits. Add the pumpkin to a carriage transformation to validate and support in country requirements to eliminate errors and significant pain points solved!

As fintech’ s look to gain market share against our payments businesses and deliver the promise of less friction and a better experience, the industry needed to respond. Learn about how the vision became reality solving real-world pain points for both banks and our customers. How it can deliver value-added services, drive new revenue and lead to even greater solutions in the future to come.

About the Presenter

Cheryl B. JacobsCheryl B. Jacobs is product manager for global urgent payments and Society for Worldwide Interbank Financial Telecommunication (SWIFT) for Corporates specialist for Wells Fargo. She has been with Wells Fargo since 2005, working with global payments, SWIFT for Corporates, and online services for customers using treasury management services.

Before joining Wells Fargo, Cheryl worked for Huntington National Bank and Bank One, supporting online services for treasury management clients. She is on the board of Innovate Carolina, part of the Product Development & Management Association and was a committee member of AFP’s CTP Essentials of Treasury Management 6th edition.

She earned a B.S. in human ecology from The Ohio State University and her MS in Psychology with an emphasis in Human Factors from Grand Canyon University. She became a CTP in 1997, earned her Certified SWIFT for Corporates designation in 2014, and received her New Product Development Professional certification in 2018. Cheryl lives in Charlotte, NC with her husband.

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