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Phil Mochan
Innovation in global transaction banking
Phil Mochan is a seasoned professional in the financial technology space, known for his innovative contributions to the development of a new financial market infrastructure for cross-border payments. His work is focused on reducing costs associated with correspondent banking, making it possible for businesses to efficiently manage their international money transfers. As a key player on the frontier of the G20 and Financial Stability Board (FSB) objectives established in October 2021, Phil collaborates with Central Banks and Correspondent Banks to create a streamlined approach that allows for instant multi-lateral settlements and dynamic market liquidity available 24/7. Through his efforts, the compliance costs and capital tied to payment risks and liquidity are significantly diminished, leading to a more robust and accessible financial ecosystem.
Phil's career is marked by several leadership positions and entrepreneurial ventures. He has held prominent roles such as Director at Advanced Bacterial Sciences and Founder and CEO at Nomos Digital, where he leveraged his extensive expertise in corporate finance and digital transformation. His advisory capacities have included influential positions within the Global Digital Asset & Cryptocurrency Association and as an advisor to Penrose Digital Banking and Payments, highlighting his broad understanding and perspective in finance and technology. Phil's entrepreneurial spirit shines through his founding endeavors, including Beverly Hills Studios and Skill Gaming Ltd, where he has not only launched innovative companies but also led them toward success.
Phil is also recognized for his contributions beyond the corporate sphere, having served as a Fellow at The RSA (The Royal Society for Arts, Manufactures and Commerce) and taken on various roles in organizations that strive for social impact and advancement. His wealth of experiences across diverse industries equips him to offer unique insights and guidance that transcend traditional market boundaries, making him an invaluable asset to any enterprise aiming to navigate the complexities of modern financial landscapes.
Highlights
Nomos Digital isn’t just for Payments. It’s about resolving for cash leg settlement of capital markets transactions in any currency in any location.
What is Nomos Digital?
Replacing the Correspondent Banking model without new technology
Delivering the Euroclear for Cash
The Universal Cash Settlement arm for Global Capital Markets.
AI for Money
#digitalpayments #financialmarketinfrastructure #digitalcash #liquidity
