Michael Knorr

Michael Knorr Email and Phone Number

Payment Executive - Core Payments, Digital Banking, FinTech, and Market Infrastructures @ The Clearing House
new york, new york, united states
Michael Knorr's Location
Fairfield, Connecticut, United States, United States
About Michael Knorr

Extensive experience in leading product development, commercialization, standardization, and customer solutioning in the payments industry. Proven track record in driving and executing strategy and leading change across different products, payment infrastructures and market segments. Experienced leader in wholesale payments, product commercialization, FinTech engagement and customer centric solutions. Strong skill set in risk management, building teams and collaborating in a cross-functional environment. Recognized industry expert in payment systems and ISO 20022. Industry Speaker and author of thought leadership articles and participant in numerous webinars.PRODUCT DEVELOPMENT- Clearing and Settlement Solutions- Commercial Payments- FX Settlement- Core Payments, Deposit and Liquidity Solutions- Commercial Card Programs- Embedded BankingPAYMENTS AND STANDARDS- ISO 20022- SWIFT- LEI- Fedwire, CHIPS, Target2, CLS, GSA SmartPay- Central Counterparty Settlements- Diversified Payment Rights- Cards- FATF 16, Wolfsberg, G20 Roadmap, CPMIINNOVATION- Regulated Liability Network and CBDC- Embedded Banking- Instant Payments- API- AI in Banking- Ideation Workshops

Michael Knorr's Current Company Details
The Clearing House

The Clearing House

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Payment Executive - Core Payments, Digital Banking, FinTech, and Market Infrastructures
new york, new york, united states
Website:
theclearinghouse.org
Employees:
405
Michael Knorr Work Experience Details
  • The Clearing House
    Senior Vice President And Lead Product Manager For Chips
    The Clearing House Nov 2024 - Present
    New York, Ny
    Responsible for driving strategy and product development for CHIPS, a systemically important high value payment system that settles approximately $1.9 trillion daily. Member of the Company’s product leadership team. Interface to senior bank executives, regulators, and peer organizations globally.
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  • Wells Fargo
    Cib Industry & Advisory Leader
    Wells Fargo Oct 2022 - Nov 2024
    New York City Metropolitan Area
    New group that is focused on providing industry advisory, thought leadership and segment specific solutions for Global Treasury Management Customers with a specific focus on emerging technologies, future strategic trends in payments and emerging risks.Michael is a member of various industry groups such as the Digital Chamber of Commerce, X9, Payments Market Practice Group, SWIFT US Cash and Trade Sub-Committee, Instant Payments Plus and the High Value Payments Plus working group. Michael is the Co-Chair of the Payment Market Practice Group.
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  • Wells Fargo
    Head Of Payment And Liquidity Management
    Wells Fargo May 2014 - Nov 2022
    Greater New York City Area
    Michael is managing payment & liquidity risk as well as liability products for Global Payments Services. The mission of his group is to deliver a reliable payment process; control operational risks and attract high quality operating deposits. In his current role Michael is focused on intra-day liquidity management, cyber risk issues, ISO 20022 implementation and supporting the build out of Wells Fargo as a Protected Payment System provider. Michael is a member of various industry groups such as the Digital Chamber of Commerce, Payments Market Practice Group, SWIFT US Cash and Trade Sub-Committee, Instant Payments Plus and the High Value Payments Plus working group.
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  • Citi
    Managing Director - Head Of Enterprise Services
    Citi Feb 2012 - May 2014
    New York, Ny
    Michael is managing Enterprise Services for TTS which includes Account Services, Documentation, Global Billing, DDA Platforms (Flexcube), CRM and Fulfillment processes and Data Management. Michael also holds the position of Data Governance Officer for TTS.
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  • Citi
    Managing Director - Head Of Integration & Data Services
    Citi Sep 2010 - Feb 2012
    New York, Ny
    Responsible for corporate-to-bank ERP integration services such as file based, message based and SWIFT based cash management products as well as internal Analytics and Data Management.Member of the Fedwire Wholesale Business Committee, CHIPS Business Committee, SWIFT Payments andTrade Sub-Committee and the Global Payments Market Practice Committee, Member of The Clearinghouse Strategic PaymentsForum
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  • Citi
    Managing Director - Capabilities Management
    Citi Jan 2007 - Sep 2010
    New York, Ny
    Lead the development of the mobile roadmap for Treasury & Trade Solutions in conjunction with Consumer Bank and created capabilities roadmap for the mobile wallet, mobile payments hub and collection services.Managed business architecture group to standardize product development, client delivery functions and oversee $320MM in technology investments.Capabilities owner of High Value Payments (Funds Transfer, CLS,) and responsible for global roll-out.Developed wholesale card platform strategy across commercial and stored value cards and oversight over SmartPay II government card capability development. program task order. (largest in the industry)
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  • Citi
    Director - Payments Capabilities Management
    Citi Dec 2003 - Dec 2006
    New York, Ny
    Developed and launched stored value card products (Payroll Card in the US) and Health Savings AccountsStandardized funds transfer functionality (USD, EUR, GBP, Yen) in Europe, NA and Asia via new FT platformDeveloped global strategy to reengineer low value clearing products within CitibankSet the SWIFTNet strategy for Global Payments and delivered SWIFTNet browse and Interact capabilityDeveloped white label model for market infrastructures and designed a payment vs. payment FX settlement process for a country in Latin AmericaDeveloped Target 2 strategy for European branch network.
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Michael Knorr Education Details

Frequently Asked Questions about Michael Knorr

What company does Michael Knorr work for?

Michael Knorr works for The Clearing House

What is Michael Knorr's role at the current company?

Michael Knorr's current role is Payment Executive - Core Payments, Digital Banking, FinTech, and Market Infrastructures.

What schools did Michael Knorr attend?

Michael Knorr attended Indiana University Bloomington, University Of Duisburg-Essen, Universität Siegen.

Who are Michael Knorr's colleagues?

Michael Knorr's colleagues are Rashaan Sales, Lizbeth Rivera, Reena Verma, Morgan Swaim, Esthercervantes Esther, Glenn Seefeldt, Jeff Cox.

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