Fritz Thomas Klein

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CEO

Independent Mind

Member since

01 Sep 2005

Location

Zurich

Bio

CEO of Fides Treasury Services Ltd, a subsidiary of Credit Suisse Group servicing corporate customers in thge fields of cash management, treasury and payments as 'the impartial technology interface to their banks word-wide'.

Experience

Summary

35 years at Credit Suisse working in the fields of payments, forex, money market, cards, e-banking as a project developer and product manager. Responsibilty for correspondent banking as managing director at Credit Suisse First Boston.
Board member at Europay International, SWIFT and CLS (Chairman).

Latest opinions

More Sense for the Financial Industry

Instead of a merger between the DTCC and LCH.Clearnet, that probably is more driven by the ego of people involved, a merger of post-trading infrastructures in the field of clearing/central counterparty services and in settlement services in Europe would make much more sense for the financial industry. This would mean a merger between Euroclear and...

30 April 2008

Latest comments

Payments Canada further delays real-time payment launch

Why must the Central Bank drive the creation of such systems? What is needed, is strong support from top management in some of the banks involved These top managers must want a solution and drive its creation!

15 Jun 2023 05:01 Read comment

Is Request-to-Pay the “missing piece of the puzzle” in the instant payment value chain?

The limit of instant payment usage at the pont-of-sale is described as the merchant providing the customer with the IBAN to make the instant payment to. Request-to-Pay is described as the solution to this problem.But this only shifts the problem from one side to the other. Now the customer must provide the merchant with the IBAN ro which the merchant has to send the Request-to-Pay. Far simpler would be for the mercahnt to provide he customer at the point-of-sahe with a QR code containing all details for the instant payment to be made. The customer pick this QR code up in his mobile banking app and intiates an nstant payent to the merchant. This would be a simple and frictionless process.

26 May 2022 12:16 Read comment

ECB posits combination of Target2 and T2S on single platform

Why didn't they consolidate the two from the outset?

14 Oct 2015 11:51 Read comment

See all 5 comments by Fritz Thomas