Interview with Pari Cross
Interview
In a detailed interview, Anastasija from Revpanda engages with Pari Cross, the CEO of The Kingdom Bank, to discuss offshore banking, financial fortitude, and hurdles in the gambling industry. This enlightening dialogue sheds light on essential monetary subjects with a highly experienced professional at the helm.
Situated in the Commonwealth of Dominica, The Kingdom Bank is a distinguished international fintech financial institution, recognized for its excellence.
The Kingdom Bank We proudly provide custom-tailored, secure digital banking solutions and alternative payment methods to international clients worldwide. The Kingdom Bank presents corporate services, offers competitive currency exchange and liquidity solutions, and facilitates payments in local currencies across more than 80 countries.
By challenging conventional payment gateways, The Kingdom Bank enhances cross-border commerce, enabling you to effortlessly manage business transactions using cryptocurrencies, facilitating B2B, B2C, SEPA, or SWIFT payments from any location.
Interview Questions
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Could you detail how your career unfolded into your current leadership position?
I embarked on my journey into financial technology about 15 years ago with a start-up in London named ePayments. Since then, I’ve thoroughly enjoyed being part of fintech because it’s such a dynamic and challenging field, never stagnant or dull, constantly keeping you engaged.
Where do you see your enterprise heading in half a decade's time? What ambitions and strategies do you have for this period?
The Kingdom Bank aims to shift perceptions about offshore banking across Europe and other regions. We have formulated a strategic agenda with The Kingdom Bank to become a highly esteemed name in fintech banking while delivering instantaneous global financial transactions to businesses and their clientele.
Given your expertise in the banking domain, could you elaborate on how the gambling sector intersects with banking? Do you foresee any particular opportunities or obstacles when partnering with gaming companies?
The Kingdom Bank deeply comprehends the banking needs of gaming enterprises and their relationships with financial institutions. The Kingdom Bank assists in fostering safer online gaming atmospheres for users while aiding companies in fulfilling their regulatory duties more efficiently by meeting safeguarding regulations. The institution supports companies in registering and verifying user identities and providing comprehensive compliance and due diligence information.
Could you explain how you tackle significant strategic choices? Do you follow a specific framework or have a defined process for making decisions?
I follow a decision-making routine: I start by pinpointing clear targets and then assess them, contemplating both long and short-term effects before engaging stakeholders to finalize decisions.
What ideals or ethics personally or professionally inspire your work?
I hold principles such as integrity, accountability, discipline, and collaboration in high regard. I continuously strive to uphold these values to enhance productivity, foster a supportive work atmosphere, and drive The Kingdom Bank's success.
Are there any gatherings organized by AceAlliance that have been particularly impactful or beneficial for your enterprise?
We've participated in several iGB events in Amsterdam previously to expand our network and boost brand visibility, leading to positive outcomes that encourage us to pursue more future events.
As the Chief Executive Officer, which core beliefs guide you, and how might they shape your business choices within your enterprise?
As a newly appointed CEO of The Kingdom Bank, I’m focused on striking a clear path for the organization’s future, planning to advance by empowering communication to further develop our future offerings with empathy and humility. My goal is to earn respect and continue with dedicated enthusiasm to lead my team effectively.
If it were possible, which notable entrepreneur or leader would you like to trade places with for a day, and why?
If given a chance for a day with Margaret Thatcher, the first female British Prime Minister known for reversing economic pitfalls, I would discuss female leadership while enjoying lunch, alongside a glass of sparkling wine.
Which initiatives or concepts do you regard as most favorable for advancing your company and partnership?
As someone deeply rooted in sales, I see collaborative opportunities driving mutual support between businesses as the standout course for The Kingdom Bank to grow its stature in the gambling sector.
What strategies does your financial institution implement to ensure economic steadiness and mitigate risks?
The Kingdom Bank employs a robust strategy for sustaining financial solidity and offsets risks by identifying, observing, and mitigating them while maintaining global payment facilitation and offering a protected banking framework.
How do you foresee the trajectory of digital currencies influencing traditional banking, and what might their impact be?
The rapid evolution of cryptocurrencies like Bitcoin generated new predicaments for governing bodies. While these digital currencies present concerns such as illicit use and consumer safety, their rise, together with decentralized finance, has led regulators to start establishing guidelines for this emerging area. The challenge remains in crafting rules that mitigate old financial risks without stifling novelty.
In what ways does The Kingdom Bank keep pace with new trends and breakthroughs in both the gambling and banking sectors to offer cutting-edge financial services to clients?
At The Kingdom Bank, we are enthusiastic about challenges and prospects, so we’re attentive to budding trends and innovations in the banking and gaming sectors to remain competitive. We have several initiatives underway anticipated to greatly benefit not only the services we provide within those sectors.
If you could offer a single piece of advice to your younger self early in your career, what would that advice be, and why?
Don't hold back and trust yourself—confidence can lay open new avenues, while hesitation often does the opposite.
Managing the responsibilities of a CEO alongside personal commitments is no easy task. How do you maintain a healthy work-life balance, and what pointers would you give to future leaders aspiring to do the same?
Indeed, it is challenging, but the understanding and support of my family have been invaluable in allowing me to perform my responsibilities efficiently. I recommend identifying excellent support in partners and practicing discipline while ensuring you enjoy life as well.
Could you recount a pivotal life event or experience that profoundly shaped your route to leadership and how you manage your duties at The Kingdom Bank?
I've been fortunate to gain from varied life experiences and interactions with motivational leaders who've taught resilience and the importance of perseverance and positivity. Successful leaders usually empower their teams, enabling them to perform excellently. My industrious and resourceful colleagues are indeed my greatest asset.
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