FinTech LIVE: Interview With Bernhard Schweizer from SAP

December 16, 2024

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Bernhard Schweizer, Head of SAP Digital Currency Hub at SAP

FinTech Magazine recaps its exclusive interview with Bernhard Schweizer, Head of SAP Digital Currency Hub at SAP at FinTech LIVE London

The flagship event of the global FinTech LIVE series, FinTech LIVE London 2024 was dedicated to inspiring and empowering C/V/D level fintech executives in enterprise organisations.

Our hybrid FinTech LIVE London 2024 event provided a dynamic and interactive online platform, allowing attendees to connect, learn and exchange insights on the latest trends, challenges, and best practices in fintech and financial services.

Cultivating a vibrant atmosphere, FinTech LIVE London enabled fintech leaders from the UK and Europe to forge connections and delve deeper into the most pressing fintech issues facing their organisations.

Here, we recap our exclusive FinTech LIVE London interview with Bernhard Schweizer, Head of SAP Digital Currency Hub at SAP.

Talk us through some of the key points covered in your fireside chat.

B2B payments are ripe for disruption. They’re slow and cumbersome, particularly for cross-border transactions. Virtual currencies can transform this with 24/7 availability, no bank closing hours, instant settlement, and low global fees. However, businesses don’t operate in a vacuum -- there’s more to the equation.

Integration with existing payment systems and business processes is crucial. At SAP, we bridge the gap between the technology stack and enterprise systems, creating a seamless experience. This enables clients to enjoy 24/7 instant payments globally, with low fees.

Shaping the future of B2B payments with digital currencies

In your opinion, what does SAP contribute to the fintech industry?

We’re developing the ACP Virtual Currency Hub, a cutting-edge platform that integrates seamlessly with any ERP solution. This solution brings the future of digital payments into reality today.