A self-confessed payments nerd, Gottfried Leibbrandt is the former CEO of SWIFT, the cross-border payments network. Prior to that, he was a partner with McKinsey & Company. He holds degrees from Vrije Universteit Amsterdam, Maastricht University, and Stanford Business School.
"The Pay Offsounds like a thriller and it reads like one. The
authors succeed in demonstrating 'networks are an inexhaustibly
interesting subject' with wit and panache. The book was written
with a twinkle in the eye and brought a twinkle to mine. Accessible
and erudite, entertaining and enriching, The Pay Off delivers."
--Tim Frost, former director of the Bank of England and chair of
Cairn Capital
"A long overdue, highly readable and authoritative account of the
uses and occasional abuses of the systems on which we all rely, and
how they are still rapidly changing, that both specialists and the
general reader will find informative and entertaining." --Mark
Yallop, Chair, FICC Markets Standards Board, Former External
Member, Prudential Regulatory Committee at the Bank of England,
Former External Member, Financial Market Infrastructure Board at
the Bank of England
"Admirably lucid" --Financial Times
"An excellent and important book. Payments are transforming our
society and our lives, and yet few people understand what's driving
the change, or what the consequences could be, for good or ill.
Hugely engaging and accessible, The Pay Off demystifies this
critical subject for the layperson and policy makers alike"
--Natalie Ceeney CBE, Chair, Access to Cash review
"Excellent reading" --Professor Alistair Milne, author, The Fall of
the House of Credit
"Payments are the most important things most people have probably
never even thought about. Banks, tech companies, Central Banks,
crypto firms and crooks all know that if you control payments, you
may also control critical data and ultimately the world. The Pay
Offcleverly dissects the workings and future of this geopolitical
and technological war. A must read for anyone in business." --Bob
Wigley, Chair, UK Finance
"The world of payments is complex and confusing, but hugely
important. The authors have produced a comprehensive, authoritative
and even, at times, amusing, guide. I have read nothing better on a
subject which increasingly preoccupies both commercial and central
banks." --Howard Davies, Chairman of the NatWest group, and former
chairman of the FSA
"Whenever you buy or sell something, you use a payments system but,
do you ever wonder how that system works? It's like plumbing or
electricity maybe, but it is actually far more complex as it is
changing fast thanks to technology. You used to pay with cash, then
with a click, now with a swipe or with a touch. What's next? How
does all of this work? The Pay Off provides a wonderful deep-dive
into the subject [...]. In this book, you find so many useful
insights about the past, present and future of payments that anyone
who is vaguely interested in the politics, economics and world of
finance should pick it up and read it. NOW!" --Chris Skinner,
author, Digital Bank
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