The Rise of Alternative Payments by Tracy Prandi-Yuen with Boku

Episode Topic:

Welcome to an insightful episode of PayPod. We get into a journey to the evolving landscape of payment technologies with Tracy Prandi-Yuen, the Global VP at Boku. As fintech continues to advance, understanding the dynamics of various payment methods, especially in non-traditional markets, becomes essential. Tracy sheds light on the significance of localized, non-card-based, and real-time payments options and their impact on global commerce. She offers a unique perspective on the technological shifts that are redefining how businesses and consumers interact financially worldwide.

Lessons You’ll Learn:

This enlightening discussion provides a wealth of knowledge on the integration of innovative real-time payments solutions and the critical role of diversity and inclusion in creating successful corporate cultures. Listeners will gain insights into the challenges and opportunities within the payment industry, the importance of adapting to consumer needs, and strategies for fostering inclusive work environments that resonate with global teams. Tracy also discusses the implications of leadership in driving change and the necessity for authenticity in corporate diversity initiatives.

About Our Guest:

Tracy Prandi-Yuen is a seasoned leader in the fintech sector with extensive experience in developing and managing payment solutions at Boku. Her career spans significant roles at Visa and Meta, where she honed her skills and deepened her understanding of digital payments and strategic leadership. Tracy's expertise lies in her ability to merge technology with user-centric payment practices, ensuring accessibility and security. A staunch advocate for diversity, Tracy's leadership style is characterized by her commitment to empowering women and promoting inclusive practices within the tech industry.

Topics Covered:

The episode covers a range of topics including the future of real-time payments, digital wallets, and the shift towards mobile and account-to-account transactions. Tracy Prandi-Yuen elaborates on how real-time payments are becoming a foundational element of modern financial transactions, offering immediacy and convenience that traditional methods cannot match. Discussion extends to the global adoption of these systems and the varying impact across different economies. Additional themes explored include the role of AI in enhancing payment security, the evolution of payment infrastructures like FedNow, and the strategic importance of local payment systems in the face of geopolitical challenges.