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 It was our honour to partner with Scholars of Sustenance (SOS) at #asiapaysummit in Bali. Any unused food was rescu… https://t.co/XLg4GFqf8b 6 weeks ago
    GlobalPaymentSummit GlobalPaymentSummit @GlobalPaySummit RT @WomeninPayments: #WomeninPayments CEO @duncankristy is speaking tomorrow at the #Asia @GlobalPaySummit in Bali on how Digital Financial… 8 weeks ago
    GlobalPaymentSummit GlobalPaymentSummit @GlobalPaySummit RT @HPS_worldwide: Our first day at Asia Global Payment Summit 🇮🇩was a real success with a lot of interactions! Didn't have time to meet o… 8 weeks ago
    GlobalPaymentSummit GlobalPaymentSummit @GlobalPaySummit Congrats to the winners of our mobile app game challenge during The Africa Global Payment Summit! @nataliemat7 and… https://t.co/215Zaz23OM 8 weeks ago
    GlobalPaymentSummit GlobalPaymentSummit @GlobalPaySummit RT @PPRO_Payments: #meetppro @GlobalPaySummit Asia in Bali next week at the Sofitel Bali Nusa Dua Beach Resort! Visit the panel about Alter… 9 weeks ago
    GlobalPaymentSummit GlobalPaymentSummit @GlobalPaySummit At Asia GPS, this session will explore the use of #alternativepayments with a particular focus on #eCommerce market… https://t.co/7l1AdfiA4K 9 weeks ago
    GlobalPaymentSummit GlobalPaymentSummit @GlobalPaySummit RT @MastercardAP: Watch this space next week for more on these #payments solutions! https://t.co/1sWizNQl4b 9 weeks ago
    GlobalPaymentSummit GlobalPaymentSummit @GlobalPaySummit @ThePaypers Always a pleasure working with you! 9 weeks ago
    GlobalPaymentSummit GlobalPaymentSummit @GlobalPaySummit RT @ThePaypers: The Paypers would like to extend a heartfelt word of appreciation to all our collaborators, from thought leaders to media p… 9 weeks ago
    GlobalPaymentSummit GlobalPaymentSummit @GlobalPaySummit Next week in Bali: Sandeep Malhotra @MastercardAP will share insights from the world’s only live network-level… https://t.co/bgKf8HHfir 9 weeks ago
    GlobalPaymentSummit GlobalPaymentSummit @GlobalPaySummit RT @FintechINA: With 2 weeks left, Asia @GlobalPaySummit outlined the main reasons why you should join in Bali on 10-11 October. Register n… 9 weeks ago
    GlobalPaymentSummit GlobalPaymentSummit @GlobalPaySummit RT @PPRO_Payments: #meetppro @GlobalPaySummit Asia in Bali from October 10th - 11th at the Sofitel Bali Nusa Dua Beach Resort! Send us a DM… 9 weeks ago
    GlobalPaymentSummit GlobalPaymentSummit @GlobalPaySummit Congrats to @AsiaPay @iPayLinks @KYC_Ltd #BCI(Thailand) @HydroBlockchain and @OneIdentity for the nomination and fi… https://t.co/8BhQAJEi3m 10 weeks ago
    GlobalPaymentSummit GlobalPaymentSummit @GlobalPaySummit RT @iPayLinks: iPayLinks was just nominated in Florin Asia Innovation Awards 2019 and will be showcasing on October 11th. Come and meet us… 10 weeks ago
    GlobalPaymentSummit GlobalPaymentSummit @GlobalPaySummit RT @smart_insights: We're proudly partnering with @CurrencyResearc as a Media Partner for the 7th edition of Asia Global Payment Summit, @g 11 weeks ago
    GlobalPaymentSummit GlobalPaymentSummit @GlobalPaySummit When ‘hearts and minds’ meet the ‘wallet of the future’ at #asiapaysummit in Bali! Paul Schulte, Schulte-Research w… https://t.co/O4gnSwnXdc 11 weeks ago
    GlobalPaymentSummit GlobalPaymentSummit @GlobalPaySummit RT @HollandFinTech: We're proudly partnering with @CurrencyResearch for the 7th edition of Asia Global Payment Summit, to be held in Bali i… 12 weeks ago
    GlobalPaymentSummit GlobalPaymentSummit @GlobalPaySummit #Fintechs are working alongside #banks to put an end to high fees and lack of transparency in cross-border payments… https://t.co/6Lball9KmU 12 weeks ago
    GlobalPaymentSummit GlobalPaymentSummit @GlobalPaySummit RT @SEACENCentre: The Centre is pleased to announce a collaboration with the organisers of the Asia Global Payments Summit 2019 Asia-GPS. P… 12 weeks ago
    GlobalPaymentSummit GlobalPaymentSummit @GlobalPaySummit We`re looking forward to hosting the 7th edition of Asia Global Payment Summit on 10-11 October 2019 in Bali, Indon… https://t.co/G4hmLpGaSt 12 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