26 March 2026 Cole Augustine on the Treasurer Perspective, personas vs use cases, and watersports

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Off the Rails from the U.S. Faster Payments Council - FPC 24 min 2 speakers 3 chapters transcribed 1 month ago
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Cole Augustine 0:07
Off the rails from the US Faster Payments Council.
Reed Luhtanen 0:22
I'm Ruth Butanen, CEO of the U.S. Faster Payments Council, and this is Off the Rails from the U.S. Faster Payments Council. Today, I'm joined by Cole Augustine, Principal at Galactic Trade Consultants. And first, a huge thank you to Cole for stepping in at the last minute to help us with a scheduling issue that came up. I really appreciate that, so thank you, Cole. I think we turned that into a really fun discussion, and you'll get to hear some music. and I'm betting you have not heard before. We'll also talk about personas versus use cases when it comes to payments, looking at payments from a corporate treasury perspective, and video game to television adaptations. But first, the headlines. We're beginning to build out our fall member meeting, which is being held in conjunction with EPCOR, Paymentspalooza, in Kansas City in November.
Reed Luhtanen 1:09
Keep an eye out for more information in our newsletter and on our website under news and events. That's fasterpaymentscouncil.org, of course. And as always, huge thank you to our fall member meeting sponsors. First, our platinum sponsors, ACI Worldwide, North American Banking Company, and Visa Direct. And our gold sponsors, Alloya, BNY, Brightwell, DeNovo Treasury, ePay Resources, Federal Reserve Financial Services, Finsley, MasterCard, Form 3, Plaid, Shazam, The Clearinghouse, PTAP Advisory, Trustly, Validify, Westpay, and Wyzea. And I'm looking forward to a busy April. I'm speaking at the Bankers Bank of Kansas Innovate 2026 in Wichita on April 8th. Then the following week, I'm heading to EPCOR's Paymentspalooza in Indianapolis, where I'll be speaking on April 14th.
Reed Luhtanen 1:54
After that, it's back to DC for ABA's MDI partnership, where I'll be joining a panel discussion on April 22nd. And then, of course, we have NACHA's conference in San Diego, where I'll be joining a bunch of incredible experts on three panels, Monday, Tuesday, and Wednesday. In addition, FPC is a co-sponsor of the Coastal Coffee and Pacific Pints area in the exhibit hall at NACHA. Come by our booth, get tickets to enjoy a coffee or a beer while you chat with your friends and colleagues. Thanks to Identify, MonX, and NACHA for sponsoring that with us. Also, on Monday, April 27th, FPC and ACI Worldwide are hosting a networking event at the Pool Club. The venue is just steps away from the convention center, so come on over after the exhibit hall reception ends at 645 on Monday.
Reed Luhtanen 2:40
And with that, let's get to that conversation with Cole Augustine, Galactic Trade Consultants. All right, we're joined by Cole Augustine with Galactic Trade Consultants. Cole, thanks for joining. Hey, Reed. Thanks for having me. Good to see you. All right. Let's start off with some quick background on you. So our audience kind of has a sense of who they're listening to and why they should care what you have to say. So what experiences in payments, what areas are you focused on, stuff like that?
Cole Augustine 3:27
Definitely. Well, I really try to think of myself as kind of a deep generalist. So focused on payments, but really beyond payments as well. He started my early career in treasury sales, relationship management, and then spent most of the latter part of my career doing product management and product development. A lot of that focused on cross-border payments and international trade. As far as other things, most recently I was working as director of product for a fintech focused on cross-border payments. And then... through, I guess, partially through my consultancy, but I always like to give a plug for my hobby organization. I'm also the co-founder of a debate group, and I think I had another member, Greg Lloyd, on recently, of the Dead Bankers Society.
Cole Augustine 4:14
So we do modified Oxford-style debates, gets us into conference, and lets us say things that we might not normally be able to say if it wasn't structured as a debate.
Reed Luhtanen 4:25
You know, I know about the Dead Banker Society, of course. Greg and I are good friends as well. And I think the one thing I'm looking for is an invitation to participate.

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