Managing Director - Head of Core Payments Transformation
TD Securities
Mike is Managing Director and Head of Payment Client Solutions at TD Securities, leading a high-performing team of product owners focused on payments core platform modernization. His mandate includes wire and receivables infrastructure modernization, ISO 20022 adoption across domestic and cross-border rails, and development of next-generation payment capabilities for institutional clients. He brings deep expertise in large-scale, global transformations across Payments, Corporate Treasury, and Wholesale Lending.
Prior to joining TD, Mike was the Execution Head of Payments Core Platform Modernization at Citibank. His scope included deploying a 24/7 ISO-native payments processor across all payment rails, managing Citi’s ISO 20022 commitments for SWIFT and Fedwire adoption, and advancing regulatory programs to simplify the technology landscape. Mike also served as the Execution Director in Citibank's Wholesale Lending Transformation, where he built governance structure and drove delivery of their target state platform as part of a large regulatory remediation effort. Earlier in his career at JPMorgan, Mike held roles in the Payments organization, supporting product development and platform modernization through data-driven execution.
Mike's career at top-tier institutions has been defined by driving meaningful results in complex, high-profile environments. He is known for his structured approach to problem-solving, ability to navigate complex organizations, and consistent track record of executing at scale. He leads by example and excels at uniting teams around a common goal.
Outside of work, Mike enjoys running, golf, spending time at the Jersey Shore, and cheering on his Philadelphia sports teams. He is a proud Penn State alum with a degree in Business Analytics.
Instant payments are rapidly becoming foundational to modern banking—but access to rails like RTP and FedNow is no longer the differentiator. The real competitive advantage is shifting to orchestration. As payment flows fragment across multiple domestic and cross-border networks, banks must intelligently route transactions, manage real-time liquidity, embed fraud and identity decisioning, and deliver seamless customer experiences—all in milliseconds.
This panel brings together senior banking leaders to explore how orchestration is emerging as the control layer for instant payments. The discussion will examine how institutions are balancing speed with risk, integrating treasury and payments functions, and rethinking their technology stacks to avoid fragmentation and vendor lock-in. Panelists will also address where new value is being created—from data and premium services to AI-driven routing—and how banks can position themselves to compete in an ecosystem increasingly shaped by fintechs and real-time network operators.
At stake is a critical question: will orchestration become a core banking competency—or a commoditized layer controlled by others?