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

 

“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.

  

  


 

  • GlobalPaymentSummit GlobalPaymentSummit @GlobalPaySummit Patricia Risso will moderate our Webinar "Crypto Asset Regulation – What can we expect from the results of the rece… https://t.co/EhUekPOlPf 3 weeks ago
    GlobalPaymentSummit GlobalPaymentSummit @GlobalPaySummit Stephane Leloup from @Bitstamp will speak at our Webinar "Crypto Asset Regulation – What can we expect from the res… https://t.co/DfQkGGeVHD 3 weeks ago
    GlobalPaymentSummit GlobalPaymentSummit @GlobalPaySummit Stephane Leloup from @Bitstamp will speak at our Webinar "Crypto Asset Regulation – What can we expect from the res… https://t.co/dEmSBJhW7O 3 weeks ago
    GlobalPaymentSummit GlobalPaymentSummit @GlobalPaySummit Maxime Boonen from @B2C2Group will speak at our Webinar "Crypto Asset Regulation – What can we expect from the resu… https://t.co/9YAsouz3od 3 weeks ago
    GlobalPaymentSummit GlobalPaymentSummit @GlobalPaySummit Maxime Boonen from @B2C2Group will speak at our Webinar "Crypto Asset Regulation – What can we expect from the resu… https://t.co/vGxyFyIjuq 3 weeks ago
    GlobalPaymentSummit GlobalPaymentSummit @GlobalPaySummit Last places available, register free now https://t.co/7WQKVBTfkb to the Webinar "Crypto Asset Regulation – What can… https://t.co/xt6sUl5ff8 3 weeks ago
    GlobalPaymentSummit GlobalPaymentSummit @GlobalPaySummit Monica Monaco will moderate our Webinar "Crypto Asset Regulation – What can we expect from the results of the recen… https://t.co/hAJ28VX1uZ 3 weeks ago
    GlobalPaymentSummit GlobalPaymentSummit @GlobalPaySummit Jan Ceyssens from @EU_Commission will speak at our Webinar "Crypto Asset Regulation – What can we expect from the r… https://t.co/8te5QKK27Z 3 weeks ago
    GlobalPaymentSummit GlobalPaymentSummit @GlobalPaySummit We are delighted to announce that Jan Ceyssens from the @EU_Commission will join our CR Payment Webinar on 15 July… https://t.co/5JH1VFGyqU 4 weeks ago
    GlobalPaymentSummit GlobalPaymentSummit @GlobalPaySummit Due to high demand, the CR Payment Webinar series continues! Register https://t.co/7WQKVBTfkb to join on 15 July at… https://t.co/21ADSAPRbI 4 weeks ago
    GlobalPaymentSummit GlobalPaymentSummit @GlobalPaySummit Last chance to participate, the interactive webinar is staring in 1 hour! Register free here… https://t.co/k1aciQQobt 4 weeks ago
    GlobalPaymentSummit GlobalPaymentSummit @GlobalPaySummit Greg Toussaint will be moderating and sharing insights on the webinar today! "Financial Inclusion in the Context of… https://t.co/2zDjo0rEuY 4 weeks ago
    GlobalPaymentSummit GlobalPaymentSummit @GlobalPaySummit Roeland Van Der Stappen will speak today at the Webinar "Financial Inclusion in the Context of the New European Con… https://t.co/CbfR7Ishbv 4 weeks ago
    GlobalPaymentSummit GlobalPaymentSummit @GlobalPaySummit Elona Morina will speak tomorrow at the Webinar "Financial Inclusion in the Context of the New European Consumer Cr… https://t.co/abmVUuOjXP 4 weeks ago
    GlobalPaymentSummit GlobalPaymentSummit @GlobalPaySummit Francesco Gaetano will speak tomorrow at the Webinar "Financial Inclusion in the Context of the New European Consum… https://t.co/s3geE3ZeJK 4 weeks ago
    GlobalPaymentSummit GlobalPaymentSummit @GlobalPaySummit Monica Monaco will speak tomorrow at the Webinar "Financial Inclusion in the Context of the New European Consumer C… https://t.co/gG5XRVUqc6 4 weeks ago
    GlobalPaymentSummit GlobalPaymentSummit @GlobalPaySummit Join the 3rd CR Payment Webinar of the Series. Our expert panel will discuss about the: "Financial Inclusion in the… https://t.co/ZjYj2x6QsZ 4 weeks ago
    GlobalPaymentSummit GlobalPaymentSummit @GlobalPaySummit Don’t miss out our expert panel today. The webinar is starting in 1 hour, register now here https://t.co/av1MF7z0sBhttps://t.co/XjmnKW2Ssy 8 weeks ago
    GlobalPaymentSummit GlobalPaymentSummit @GlobalPaySummit Jean-Michel Godeffroy is going to moderate CR Payment Webinar "A Spotlight on Retail CBDCs" tomorrow (June 10, 2020… https://t.co/gKqfPfC3oy 8 weeks ago
    GlobalPaymentSummit GlobalPaymentSummit @GlobalPaySummit Henry Holden from @BIS_org will speak at CR Payment Webinar "A Spotlight on Retail CBDCs" on June 10, 2020, 14:00 C… https://t.co/xYfWy81PxH 8 weeks ago
  • Also interesting
    Asia Global Payment Summit Receives Certification of Appreciation from Scholars of Sustenance
    Written on 23 October '19 by
    READ MORE
    Alternative Payments in eCommerce Markets
    Written on 3 October '19 by
    READ MORE
    War of the Wallets
    Written on 3 October '19 by
    READ MORE
  • Speakers 2019