28-29 August 2017
SINGAPORE

The P7 group of payments associations meet together in Kuala Lumpur days prior to GPS 2018 and we are excited to invite key speakers from this global group of associations to speak at the Summit!

The CEOs from Payments Canada, Payments Network Malaysia, Dutch Payments Association, and Australian Payments Network will join a panel discussion on key global trends in payments.

Our theme this year, “Payments as a Global Village,” is evident particularly in this panel. With digitalisation, we live in an increasingly connected small world. Cross border developments, issues and challenges are trending towards interoperable regional/ global solutions. Cooperation between key stakeholders in national and global transaction space will be key to secure best-of-class developments.

Meet these stakeholders up front and personal at GPS 2018!

Global Payment Challenges

 

At a high level, the PSD2 regulation was put in place for the following noble objectives by the European Commission:

In reality, what has transpired is a seemingly endless tug-of-war between Fintechs and banks that only underscores the differences between these two “sides” in the overall PSD2 storyline.

For the rest of the world, this journey of Open Banking nudged by the PSD2 regulation may seem like a fascinating experience with a world of possibilities and collaborative win-win-win opportunities for banks, Fintechs, and ultimately customers!

But the reality is that the industry has been left with a lot of anomalies to deal with for themselves. 

In the region, Australia, Singapore, and Hong Kong regulators have started consultations and are in the midst of this journey towards more openness and efficiency in banking systems. What can the Asia region learn from the European experience in open banking and PSD2?

Lauren Jones, previously Head of Standards at Payments UK, leads the discussion with key experts. Don’t miss this – join this discussion and debate at GPS2018!

Read more 
Lack of regulatory clarity in open banking impedes ASEAN banks
Singapore favors ‘organic’ policy in move toward open banking
Hong Kong loses to Singapore in open banking readiness

PSD2 & Open Banking – Impact & Influence for Asia

Pre-Summit Briefing | 18th Sep 2018

Venue: Four Seasons Ballroom 1 @ Four Seasons Hotel Kuala Lumpur (near KLCC)

 

Trends, Efficiencies and Best Practices in the Remittances Industry

If you are in the money services business this is an event you don’t want to miss. Jointly with the Malaysian Association of Money Services Business, Global Payment Summit 2018 will host a special afternoon program tailored to address the key topics central to remittances. This professional update is open at a very special, low fee to members and non-members of MAMSB and registered delegates of GPS.

Get the latest updates from global and regional experts who can share the insider perspective on the industry.  Check out our program in the next page.

The Pre-Summit Special fee is US$100 which includes a networking lunch and coffee/tea break at the brand new 5-star Four Seasons Hotel Kuala Lumpur (next to KLCC). Registration for the pre-summit is now open. Spaces are limited so sign up early!


 

 


 

Pre-Summit Briefing – Remittances

The digital identity (R)evolution

Why FIs must lead us into the new age of Digital ID

 

Expectations and demands for real time, reliable and seamless identity verification is a pressing issue that concerns not just the regulators, but also financial institutions and particularly online businesses.  This gives rise to a landscape of multiple service providers with fragmented and siloed identity schemes.

But more recently, another type of Digital Identity Provider is emerging, more decentralized based on technology like blockchain in a scheme known as self sovereign identities.  This could allow end users full ownership of their identity and control over who has access.

This development holds incredible potential for banks onboarding customers, and limiting ID theft and fraud while providing secure identity management.

Read more in this white paper here!

 

Michael Zerelli  | Vice President, Digital Sales & Director | Gemalto  | Singapore

Michael will speak on a new deployment model for digital identity at GPS Day 1. Don’t miss this opportunity to stay ahead of the digital identity discussion!

 

The digital identity (R)evolution

SE Asia Update & How Fintechs Can Contribute

“Globally, 69 percent of adults – 3.8 billion people – now have an account at a bank or mobile money provider, a crucial step in escaping poverty. This is up from 62 percent in 2014 and just 51 percent in 2011.” — Global Findex Report

Payment services are critical for financial inclusion because they are usually the first and most-used financial service. With mobile phones and internet access, people in remote or rural regions are now able to gain access to financial services. New providers of digital financial services also gain new opportunities in untapped markets. Leaving the notion of getting someone from ‘unbanked’ to ‘banked,’ fintechs now offer new solutions for financial inclusion via payments, money transfers, investments and more.

We bring together two regional experts from the World Bank and the Asian Development Bank who will provide status updates for SE Asia as well as projects underway in financial inclusion.

Isaku Endo, Senior Financial Sector Specialist in Finance, Competitiveness and Innovation Global Practice at the World Bank, will present the latest findings from the 2017 Global Findex – a wide-ranging data set on how people in 144 economies use financial services. The report was produced by the World Bank with funding from the Bill & Melinda Gates Foundation and in collaboration with Gallup, Inc.

Mayumi Ozaki, Senior Portfolio Management Specialist, South Asia Department, Asian Development Bank, will participate in the session sharing her expertise in financial inclusion, microfinance, SME finance, microinsurance, remittances and payment systems, banks and financial sector reform, and disaster risk finance.

Speeding up Financial Inclusion: Broadening our Social Responsibility Commitment

Bankers’ Challenge: Compete or Collaborate?

The fast changing SE Asia payments landscape reviewed

 

How can banks respond to new digital commerce ecosystems?

The consumer payment ecosystem is undergoing enormous and rapid change in the markets of South East Asia. The result is the displacement of cash by digital payments, and an opportunity for the unbanked to participate in a digital economy.

Paul Brisk will provide a view on what is happening in terms of the digitisation of payments in many markets across Asia: what are the drivers, why the market dynamics and demographics have created the ideal environment for this change now, and who are the key players leading the transformation, using Malaysia and Indonesia specific examples.

Arguably, we are not just witnessing the digitisation of payments but seeing the emergence of new digital commerce eco-systems. To date, the enablers of these digital commerce eco-systems have tended to be “tech-giants” and “fintech” organisations rather than banks.

Is there a risk for banks as the providers of traditional payment solutions and account services? The dilemma for banks is how to respond to the change – compete, or collaborate with the enablers of the new digital ecosystems? A possible way forward is Open Banking, providing an opportunity for banks and non-banks to cooperate for win-win scenarios.

 

Paul Brisk, Director at PT. Pembayaran Digital Indonesia, will share insights from his consulting experience in consumer and retail payments.

Don’t miss this track session during GPS day two!

Bankers’ Challenge: Compete or Collaborate?

Learn more about IFAA and Ant Financial’s strategy.

China leads many countries in the era of mobile internet. With proliferated use, identity authentication and security becomes of prime concern. To satisfy and meet high standards of security, the IFAA (Internet Finance Authentication Alliance) was founded in 2015 by Ant Financial Services Group together with members like Alibaba, Samsung, Huawei and ZTE. The standards developed by the alliance is interoperable across leading manufacturers of handsets, with more than 200 million active users.

Does the IFAA model meet the demands of Chinese users, or is this also a siloed approach? Will this inspire a global standardization for authentication and security?

Andy Yao, Marketing Director at IFAA, will share his insights on IFAA, along with many use cases and scenarios at GPS 2018. 

 

 


 

IFAA – China’s experience with biometric, authentication and standardization

A new world of finance is rising up in an evolutionary clash between e-commerce and blockchain on the one hand and traditional banking and broking on the other. Payments, ride sharing, online retail and cloud services are morphing and creating a new financial creature. It is an O2O hybrid that will come to dominate on single platforms. Guess who will dominate!

Paul Schulte, founder of Schulte Research, will deliver a keynote at GPS on this new world of finance. 

Don’t miss this “blockbuster” and many other hot topics in the transaction space!

 

 

 

 

 

A New Fintech Creature from the Black Lagoon: Turning Ride Shares into Bank Shares

 

“Sadder and wiser, we have put a lot of effort into implementing stricter rules for Financials. Regulators feel the pressure of society – as a consequence, the recent financial crisis resulted in total ‘control’ of banks. But Fintechs, the Googles, the Alipays, seem to belong to a different class. These are growing fast in an atmosphere of sympathy for anything “non-bank,” and are perceived as new, innovative, and challenging. They have also by-passed the established banks who are imprisoned by many barriers such as strict regulation, special balance sheet requirements, and the burden of a bad reputation.

But who is regulating the Googles, the Alipays, etc.? We have seen a swift move of money and influence from the traditional FSI to the glossy world of Fintech. Do we need the same controls here? We still talk about the same mass retail markets, the same need to transact, the same need to finance, and the same need to be profitable…

So, what is different? Is it time to talk about a fair playing field? Food for thought.”

– By Harry Smorenberg, Chairman of the Global Payment Summits

 

Join the discussion panel on The Big Shift in Fintech – More Rational Investments at GPS for an insightful debate between key stakeholders in the Fintech space!

 

Speaking Opportunity

This dynamic debate would be complete with critical Fintech representation. Does your Fintech company have something to offer to the conversation? We would be excited to discuss your possible role. Let us know and contact Joyce Ang directly jang@currency-research.com.

 

 

 


 

Fintech Debate – Can we talk about a fair playing field?

Towards Hassle-Free Transacting – Innovating in the way we pay

Today, transactional ‘noise & friction’ can give us continuous headaches. With machine-learning and artificial intelligence we see a new world where we can focus on the ‘experience economy’ and where the hassle of doing complex transactions are minimized. Apps, new ways of paying, shop & pay, instant payments – all are creating user-friendly solutions and reducing the ‘complex payment experience’ to a minimum.

At Global Payment Summit we will to recognise new and innovative payment solutions that secure immediate hassle-free transacting for both payer and payee at low cost.  

If you have an innovative outstanding solution in the “payment experience”, we welcome you to apply and participate for a chance to win this prestigious, industry award! The short list of candidates as per expert & public jury will be able to attend/exhibit and nominees and winners will receive publicity opportunities both on-site during the Summit and also via our partnering media. Don’t miss this chance to showcase your solution at the unique Global Payment Summit 2018!

 


From all entries, a Jury of Experts will pre-select the top 10 most innovative concepts. The Jury will select the top 3 winners of the Florin Awards 2018. After that, we will promote all 10 nominees for the Public Vote. Jointly with the global medium “The Paypers” and the global reach of Currency Research we will address key stakeholders in the transaction space who can cast their vote for you. The 3 nominess with the most votes will be crowned as the Public Vote Winner.

Florin Awards applications will be open soon. Watch this space and stand by to send in your application!

Deadline for entries: 16 July 2018

 

Application is free and if you are selected as a nominee, you will receive

• Opportunity to exhibit your solution at the GPS lounge
• A feature on the GPS website and will be promoted in emails to GPS database
• One complimentary pass to the Global Payment Summit 2018 (worth USD $1,675)

 

If you emerge as either the  jury vote or public vote winner, you will receive

• Recognition and a Florin Award at the GPS event (attended by 200+ delegates in FSI)
• Opportunity to speak and pitch (10mins) at GPS during award ceremony
• Interview opportunity with ThePaypers (1st place winner in each category)

 


The Florin Awards

Florin Awards were created in 2010 to stimulate innovation in the transaction services industry by providing the nominees and the winners with substantial benefits to assist the promotion of their innovative products and solutions.

 

 

Our 2018 Experts Jury Panel

Florin Award Jury will consist of key independent and objective experts in the field including:

melisande-m
David Lee Kuo ChuenProfessor of Fintech and Blockchain at the Singapore University of Social Science

 

Johnny Mayo
Business Consultant at SuperCharger
Mélisande MualManaging Director at The Paypers

Invitation to Enrol in the Florin Awards 2018

Global Payment Challenges

10 September '18
The P7 group of payments associations meet together in Kuala Lumpur days prior to GPS 2018 and we are excited to invite key speakers from this global group of associations to speak at the Summit! The CEOs from Payments Canada, Payments Network Malaysia, Dutch Payments Association, and Australian Payments Network will join a panel discussion on...
READ MORE

PSD2 & Open Banking - Impact & Influence for Asia

10 September '18
  At a high level, the PSD2 regulation was put in place for the following noble objectives by the European Commission: Foster innovation in the payments and remittance spaces by allowing third party providers (TPPs) access to online payment accounts of banking customers Regulate those fintech companies in the market who were already providing alternate...
READ MORE

Pre-Summit Briefing - Remittances

4 September '18
Pre-Summit Briefing | 18th Sep 2018 Venue: Four Seasons Ballroom 1 @ Four Seasons Hotel Kuala Lumpur (near KLCC)   Trends, Efficiencies and Best Practices in the Remittances Industry If you are in the money services business this is an event you don't want to miss. Jointly with the Malaysian Association of Money Services Business, Global Payment...
READ MORE

The digital identity (R)evolution

4 September '18
The digital identity (R)evolution Why FIs must lead us into the new age of Digital ID   Expectations and demands for real time, reliable and seamless identity verification is a pressing issue that concerns not just the regulators, but also financial institutions and particularly online businesses.  This gives rise to a landscape of multiple service providers...
READ MORE

Speeding up Financial Inclusion: Broadening our Social Responsibility Commitment

15 August '18
SE Asia Update & How Fintechs Can Contribute "Globally, 69 percent of adults – 3.8 billion people – now have an account at a bank or mobile money provider, a crucial step in escaping poverty. This is up from 62 percent in 2014 and just 51 percent in 2011." — Global Findex Report Payment services...
READ MORE

Bankers' Challenge: Compete or Collaborate?

2 August '18
Bankers' Challenge: Compete or Collaborate? The fast changing SE Asia payments landscape reviewed   How can banks respond to new digital commerce ecosystems? The consumer payment ecosystem is undergoing enormous and rapid change in the markets of South East Asia. The result is the displacement of cash by digital payments, and an opportunity for the...
READ MORE

IFAA - China's experience with biometric, authentication and standardization

25 July '18
Learn more about IFAA and Ant Financial’s strategy. China leads many countries in the era of mobile internet. With proliferated use, identity authentication and security becomes of prime concern. To satisfy and meet high standards of security, the IFAA (Internet Finance Authentication Alliance) was founded in 2015 by Ant Financial Services Group together with members like Alibaba, Samsung,...
READ MORE

A New Fintech Creature from the Black Lagoon: Turning Ride Shares into Bank Shares

25 July '18
A new world of finance is rising up in an evolutionary clash between e-commerce and blockchain on the one hand and traditional banking and broking on the other. Payments, ride sharing, online retail and cloud services are morphing and creating a new financial creature. It is an O2O hybrid that will come to dominate on single...
READ MORE

Fintech Debate - Can we talk about a fair playing field?

18 July '18
  "Sadder and wiser, we have put a lot of effort into implementing stricter rules for Financials. Regulators feel the pressure of society – as a consequence, the recent financial crisis resulted in total ‘control’ of banks. But Fintechs, the Googles, the Alipays, seem to belong to a different class. These are growing fast in...
READ MORE

Invitation to Enrol in the Florin Awards 2018

21 June '18
Towards Hassle-Free Transacting - Innovating in the way we pay Today, transactional ‘noise & friction' can give us continuous headaches. With machine-learning and artificial intelligence we see a new world where we can focus on the ‘experience economy’ and where the hassle of doing complex transactions are minimized. Apps, new ways of paying, shop & pay, instant...
READ MORE

The Quantum Revolution - How will this impact the transaction space?

21 June '18
  Announcing inspiring keynote by Prof. Georg Gesek, CEO Novarion, Austria – Vienna The field of quantum technologies is increasingly in the spotlight beyond the scientific and research community and looks set to be one of the key technologies of the future. The European Commission has also announced a €1-billion (US$1.1-billion) flagship research initiative in the...
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GPS 2018 - Announcing Payments Network Malaysia as Co-host

2 May '18
  2018 Global Payment Summit - Asia 2018 takes on a new direction by implementing creative on-boarding initiatives, starting with an exceptional collaboration forged with PayNet Group, Malaysia’s premier payment system network and central infrastructure for financial markets. In addition to hosting GPS-Asia 2018, the PayNet Group will also organise closed-door Think Tank meetings comprised of key global...
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Changing the Payment Card Industry: Towards efficiency, transparency and more competition ( BNM Case Study )

15 August '17
    Tan Nyat Chuan, Director of Payment Systems Policy Dept | Bank Negara Malaysia   To foster an efficient, transparent and competitive payment card industry in Malaysia, Bank Negara Malaysia (BNM) had issued the Payment Card Reform Framework (PCRF) which came into effect on 1 July 2015. Besides tackling market distortions that have curtailed...
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Fintech Showcase - Taipei, Singapore, San Franciso

10 August '17
Come and meet our top selection of trend setting Fintech at GPS! We selected 6 key introductions to relevant innovation in the transaction space! See our full program details and join today!   Making cryptocurrencies spendable anytime anywhere. TenX is solving a real world problem by making cryptocurrencies spendable anytime anywhere. What TenX is doing...
READ MORE

Your 10 Picks for Florin Awards - Vote Now & Win GPS Passes!

4 August '17
  We decide to organize the Florin Awards this year to really promote diversity and innovation in the transaction space!  The honor roll does not just belong to the financially well vested ones, but also those with promising new ideas! The list includes established bank, new innovators in remittances, blockchain tech, eKYC and more.... Cast your...
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API & Open Banking developments | The new role of banks and non-banks

1 August '17
  Dr. Ko-Yang Wang | CEO | Fusion$360, and Chairman, Taiwan FinTech Association | Taipei Open banking is the FI world embracing APIs. Like Apple leading the way in opening up AppStore to millions of developers encouraging usage, incumbent banks now fight for a place in opening their APIs, allowing 3rd party developers to build...
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"Real Time" coming of age in APAC | Malaysia Blueprint presented at GPS

1 August '17
  Tay Gim Soon | COO | PayNet (previously MyClear) | Kuala Lumpur Meeting growing customer demands for immediacy in an increasingly online, inter-connected world,  Payments Network Malaysia (PayNet) is well on its way to implement real-time payments nation-wide. At GPS, we will obtain insights into the real-time payments implementation in Malaysia. Our track-session will...
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"The New Normal for Payments: Innovation. Disruption"

26 July '17
  Join this opening keynotes and hear the perspectives from SWIFT, UOB, StanChart, and Bain   Traditional payments ecosystems are being disrupted by various factors, including evolving customer expectations, adoption of emerging technologies and vibrant fintech ecosystems. This raises the question of what are the underlying “real” problem areas in payments that these disruptive forces...
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e-KYC: The Identity Challenge & Aadhaar Presentation

20 July '17
We prepared one of the best briefings on ‘identity’. Next to a wealth of expertise, we will share key lessons learned from Europe and from India! We will deep-dive into Aadhaar as key expert GTP Gupta from Kotak Mahindra Bank will discuss the implementation Aadhaar is a 12 digit unique-identity number issued to all Indian...
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The position of banks in the transaction space - Payments as a commodity? No way!

12 July '17
From Boardroom to Execution:  Capitalizing, optimizing and translating value of investments made in innovation Now more than ever before, the correct investments made in technology and innovation have serious and material implications to the long-term success of a business.  Missing opportunities to capitalize on new technology to enhance capabilities, product and services could result in...
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From Initial Coin Offerings to the New Payment Realism - Hear panelists from Luno and TenX

12 July '17
The amount of money raised by Initial Coin Offerings, or ‘ICOs’, is booming. Just a few weeks ago, TenX from Singapore raised $80million in their ICO.  Bitcoin and other digital currencies continue to set record price levels. As these blockchain built initiatives continue to gain traction and increase in their functionality, it sure seems like...
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Exceptional Fintech Showcase - ID, MY, SG

6 July '17
  Fast, Automatic Payment Solution Xendit provides seamless payment API to collect and disburse payments. Their technology enable modern businesses of all sizes and types to handle transactions in real-time and at scale. Xendit is the first Indonesian company from Y Combinator (USA), winner of Andreessen-Horowitz Hackathon, and Forbes Asia 30 under 30. Ikhsan Rahardian...
READ MORE

Call for Entries - FLORIN Asia Innovation Awards 2017

6 July '17
Curious what are the coolest initiatives and awesome solutions in payments out of Asia? We are always on the look-out to discover the gems too! Transactives 'GlobalPaymentSummit’ will be honouring great initiatives and proven solutions in payments with the 2017 Florin Asia Innovation Awards. We are seeking parties who are using innovation to drive their...
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Fintech Invite - Presenting the most compelling cases in payments

28 June '17
AT GPS we will have room for 6 compelling Fintech-Payment cases to present to our key audience. We look at key breakthroughs is consumer reach, new technology and X-border simplicity (cost reduction). If you are interested to present, contact us at info@transactives.com And send your brief outline and linked info so we can connect soonest with...
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Jeremy Grant to join Advisory Board of GPS

21 June '17
      We are happy to announce the appointment of Jeremy Grant to the Global Advisory Boards of GPS and EPS.  We focus with www.EuropeanPaymentSummit.com in EMEA and with www.GlobalPaymentSummit.com at Asia. A key focus of the events is exchanging best practices amongst professionals in the payments, security, and privacy space by bringing together...
READ MORE

In Milliseconds... How real-time decisions are disrupting fraud management

21 June '17
    Digital Payments Fraud - Transactional Analytics Matter! Global payments are expected to exceed $2.3 trillion by 2019, and each year, with non-cash payments accounting for an increasing share of this massive market. And with the uptake on mobile payments and CNP transactions, fraudsters now target these channels via identity hijacking, attacking leaky access points....
READ MORE

Indonesia's Next Steps in Payment Innovations (Special Track)

14 June '17
We are very happy to announce a full track session on key Payment developments in Indonesia by Budi Gandasoebrata. Budi is a Payment ‘thought leader’ and Vice-Chairman - Payment Systems of Indonesia Fintech Association. As a seasoned payments expert he is also COO of Midtrans in Jakarta. As one of the largest market in Asia, Indonesia...
READ MORE

Is Blockchain the Big Promise for Payments?

6 June '17
At GPS2017 we will debate realistic scenarios for blockchain implementation in the payment/transaction space. David Lee, professor of Fintech and Blockchain at SUSS will moderate a plenary panel session with key experts who work have hands-on blockchain developments.  Expect a fierce debate and discussion on: Blockchain is presented as a “cure for anything” - is...
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Global Dialogue with Regulators - Strategies in Displacing Cash 

16 May '17
The primary driver in Asia is e-commerce and in payment terms the objective of displacing cash and cheques with digital payments.  Various regulatory initiatives have been developed in order to achieve this: e.g. driving up the cost of cheque processing, looking at ways of making cash more expensive, driving down interchange rates to make the...
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Introducing our Keynote Opening Speaker - Greg Gibb, CEO Lufax

4 May '17
Greg Gibb will be our keynote opening at GPS 2017. Greg will share with you his unique and widely-recognized insights about essential financial services innovation and the swift changing transaction space. A great starting point of 2-days sharing in-depth expertise on payments with international key experts and stakeholders in the transaction space. As CEO of...
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Social Networks, e-Commerce, Digital Payment in China: What It Means for Other Countries

2 May '17
    Can you go cashless buying eggs at your favourite markets in Asia?  Check out this picture (from the report) of a wet market eggs seller equipped with Alipay for payments! Can 'cashless' be a reality for Southeast Asia's many cities and markets?! The Better Than Cash Alliance Research Series As governments and businesses worldwide...
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Going cashless - Mobile Payments in Asia

20 April '17
Throughout Asia Pacific where smartphone penetration is the highest in the world, consistent progress by local governments toward cashless societies is benefiting the mobile payments market. Going cashless is seen as a catalyst for the mobile payments market both in markets where use of cards is transitioning gradually into use mobile payments and in markets...
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China & Digital Finance - How 1.4 billion people pay, shop, and save

5 April '17
China is, by any measure, the largest fintech market in the world. Digital payments are a reality and China’s key providers have created platforms of products and services based around these services for anything from booking a taxi to buying a wealth management product. This is completely changing how China’s consumers carry out their daily...
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Check out our new video trailer!

4 April '17
What can you expect at GPS 2017? Watch this vid.
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Financial Inclusion as Catalyst for Simplifying the Payments Business

29 September '16
    Expert Panel chaired by Lotte Schou Zibell, ADB & Global Strategists from Philippines, Bangladesh, UK, Singapore This panel looks deep into Financial Inclusion & Payments as mutual catalyst How branch networks and agent banking may develop? Will Fintech magically deliver what is promised?   Also read article by Panel Chair Lotte Schou Zibell...
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South Korea Mobile Payment Trends

19 September '16
  South Korea’s payments market faced a turning point in 2015 with the emergence of smart pay, a simplified form of mobile payments made using smartphones. Celent reviews the status of the South Korean smart pay market and forecasts future trends. At the moment, smart pay providers have their sights on specific demographics. However, each...
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KakaoPay - reaching 10million users in Mobile Payment (South Korea)

19 September '16
KaKaoPay is the online payment solution launched as collaboration between DaumKakao and LG CNS. By combining Kakaotalk’s massive users reaching 40M and LG CNS’ patented mobile payment technology, Kakaopay has been ranked top in mobile convenient payment industry after its launching. The base solution backing up the KakaoPay is MPay, LG CNS’s Mobile Payment Solution....
READ MORE

Going Cashless: Thailand's National e-Payment Master Plan & PromptPay

13 September '16
  Over 14 million have registered for this service PromptPay.  It is the first step of the national e-payment scheme that aims for the eventual cashless society. Yet with many recent issues from cybercriminals (Kasikorn Bank case) and the ATM hack on Government Saving Banks ATMs, many Thais are wary of e-cash and e-payment services....
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The 3 V’s of Big Data in Payments: Volume, Variety & Velocity

13 September '16
  Client Satisfaction, Smarter & Efficient Services and  New Revenue Channels ! Join a top briefing by Jay Patani and learn from best-practice cases globally! Jay will present his 3-V’s strategy for payments: Volume, Variety & Velocity. A dynamic session with ample time to discuss your key questions and share your experience with international industry...
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Accelerating Financial Inclusion – from Cloud Banking & Shared Service Platforms to Delivery

5 September '16
    Financial institutions have been cautious adopters of cloud based technology.  However, this is rapidly changing with more than 60% of global banks processing the majority of their transactions in the cloud.  By harnessing the power of the cloud – low cost, scalability and security, as well as providing access via alternative delivery channels...
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bKash in Bangladesh: 24 million customers using mobile money

31 August '16
  The story of bKash is intriguing.  Moinuddin, CFO at bKash once shared how customers share mobile phones and replaces sim cards every time they would make a money transfer. Against a backdrop of challenging statistics in the numbers of unbanked and low transfer amounts, bKash started in 2011 and has achieved commendable success.  Starting...
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Grab: Using transportation to drive mobile payments in Southeast Asia

31 August '16
  Most in the region will know Grab as Southeast Asia's ride-hailing leader. It has achieved rapid growth -- now in 30 cities across 6 countries -- and offers cashless payments with GrabPay. To make ride-hailing more efficient and seamless, GrabPay was developed to remove the friction and time spent transacting cash.However, many in the...
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RegTech: Future Proofing Financial Regulation

24 August '16
    by Janos Barberis | FinTech HK Founder & Senior Research Fellow HK University Law School | HK Since 2007, financial fines have increased 45-fold, incurring additional compliance costs of multiple billions of dollars. For certain Banks, AML & KYC costs can be as high as US$500'000. RegTech appears to offer a virtuous solution...
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API-based banking: shaping a new financial cafetaria landscape

12 August '16 Gijs Boudewijn
    “Innovation in payments, or open banking – from compliance to strategic choice” In payments there are four key drivers for innovation: technological developments, customer behavior, market demand and the regulatory context. Not all have the same amount of impact at any given point in time, and they of course mutually impact each other....
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Internet of Things: the Impact on Payments

1 August '16
Special Track Session Call for creative inputs by experts @ GPS 2016 As we add chips to almost everything, the ‘transaction space’ will change dramatically. Both in wholesale and retail tracking/tracing/payments will merge into a new ‘settlement mechanism’. GPS focuses on innovation and we believe this topic is of key interest to our professionals attending....
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Payment Innovation and how banks can win…

26 July '16
We need Digital Simplicity !  Consumer expectations are increasingly influenced by the advances of digital pioneers in the retail sector, such as Amazon, Netflix, and Uber. The emergence of innovators like Apple Pay and Google Wallet is also changing the competitive landscape for banks. New products and payment methods are challenging the relevance of traditional...
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Open API in Asia: Banks can benefit!

8 July '16
Banks can benefit from Open API and this could pave the way to enhanced innovation and customer relevance! Also the huge amount of Fintech initiatives are ready for new partnerships with the FSI. For that Open Banking is crucial and regulators should anticipate. At GPS we will discuss the ‘lessons learned’ from Europe with key experts...
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Demystifying Blockchain!

17 June '16
With key expert  Shirish WADIVKAR , Managing Director Head, Payables, Receivables & Flow FX Transaction Banking Standard Chartered Bank  Is there a real potential in the transaction space? Blockchain as an industry is still in its infancy. Actually there are many different kinds of blockchains or "distributed ledger technologies” (DLT), and they differ in important...
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Takeaways from ADB Conference on Financial Inclusion in the Digital Economy

3 June '16
This ADB conference was a joint effort with Transactives! About 300 delegates from developing member countries consisting of policy makers, central bankers, as well as Fintech evangelists and payment professionals gathered for two days of discussions on the latest trends in reaching the unbanked, sharing the best models on DFS, and regulatory issues. Reports and...
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Intro video Global Payment Summit 2016

2 May '16
We are excited to present our new promotional video for 2016! Enjoy!    
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