RE: Ready for next steps on outreach to banks (part of TPAC preparation)

Sorry, but there will be no Wells Fargo response to the questionnaire, certainly not in the time frame that is being considered. It would take 2-3 weeks to determine who should participate in the conferences to assemble a response at an institution of our size.

I do want to support a point Cyril made on the call yesterday. "What is the sound of one hand clapping?" Talking to individual banks about how to manage the payment communication process ignores the fact that payments are a multi-party business process. Historically, in part to manage risk, in part because the world's oldest credit transfer instrument, the check (or cheque for those outside the US) was physical and needed to be exchanged, were exchanged through third parties. But even without the physical exchange (which we have for the most part eliminated) the management of settlement risk is still an important aspect of these institutions. Seldom does the four corner model really have four corners.

Typically surveys such as this are better managed by or through organizations like banking associations and central banks, that can insure anonymous participation.

Best regards,
Mark

Mark SB Tiggas, Managing Architect - Senior Vice President
Enterprise Payments Architecture, FOSS Coordination and EA Communications
Wells Fargo Bank, N.A.
255 2nd Avenue South, MAC N9301-045
Minneapolis, MN 55479
612-316-3142, 612-850-5828 (mobile)

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-----Original Message-----
From: Ian Jacobs [mailto:ij@w3.org]
Sent: Tuesday, September 15, 2015 2:57 PM
To: Web Payments IG; j.j.spaanderman@dnb.nl; Tiggas, Mark; Patrick Adler; Swendseid, Claudia; Evert Fekkes; Leandro Bernal Minniti
Subject: Ready for next steps on outreach to banks (part of TPAC preparation)

Dear Web Payments Interest Group,

We have held three teleconferences on bank priorities (see [1]) and now have a template and a set of 26 organizations and people to reach out to with 10 questions:
 https://www.w3.org/Payments/IG/wiki/StakeholderPriorities/BankOutreach

Our goal is to send them questions and, in some cases organize phone calls to discuss the questions, and have feedback by 28 September, which we will put in the wiki.

If you are a Web Payments Interest Group participant and wish to reach out to a bank with these questions, please refer to the wiki FIRST to see whether someone else is planning to do so. If you plan to do so, please add your name to the wiki (and I encourage people to sign up!).

NOTE TO: JurgenS, MarkT, Claudia and Pat, EvertF, and LeandroM:

We invite you to answer the questions directly in the wiki for your organizations, or you can contact me separately to discuss.

Let me know if you have any questions,

Ian

[1] https://www.w3.org/Payments/IG/wiki/StakeholderPriorities#Banks


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Ian Jacobs <ij@w3.org>      http://www.w3.org/People/Jacobs
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