Stan Cole is a seasoned financial professional with 20+ years’ experience in financial institutions (FIs) transaction banking and fintech.
Stan’s FI banking career with top five Canadian banks spanned portfolios of foreign FIs across multiple geographies in Europe, Middle East, and Africa (EMEA) and Asia Pacific (APAC) where he managed client relationship and sales of trade financing and clearing services to banks.
In 2017 Stan transitioned to the payments fintech industry, facilitating networking and opening partnerships with provider banks, and leading sales to FIs of alternative cross-border payment products.
Currently, Stan utilises his deep understanding of both correspondent banking and fintech international payments models, to help emerging financial market infrastructures (FMI) redesign legacy correspondent banking to remove inefficiencies (frictions) in the payments chain and make cross-border payments instant – i.e. processed and settled in real time. Topics of special focus are common ledger banking, super centralized liquidity, and real-time settlement of payments in a secure medium such as central bank money.