A. T. Kearney Australia is delighted to welcome Munich-based partner Andreas Pratz to Australia in February. Andreas will share the firm’s perspectives on the rapidly changing world of payments. Impacting a large number of industries, this often behind-the-scenes industry is experiencing significant change. Social, technology, and business trends are coming together to shape the emergence of new payment instruments, a changing role for cards, and increasing competition between incumbent banking institutions, technology leaders, and entrant upstarts.
Andreas specialises in retail banking, cards, and payments. In retail banking, he has covered all elements from segmentation and distribution to operations and, in particular, retail cards and payments (debit cards, e-wallets, mobile payments etc). On the cards and payments front, he has worked in all areas from credit to debit, bulk/ACH payments to cash management, and international payments, product development to processing strategies/outsourcing/insourcing. Recently, he concluded a European ACH study, working on a wallet solution, as well as a study of the benefits of using electronic payments to combat the shadow economy.