28-29 August 2017
SINGAPORE

News

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...
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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...
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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...
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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....
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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...
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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....
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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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To Defend Payments Businesses, Banks Must Focus on Customer Pain Points

19 April '16
Digital technology, fast-growing rivals, and shifting payments preferences continue to disrupt the industry; listening to customers more carefully is key to competitiveness, says new report by the Boston Consulting Group. As payments and transaction-banking businesses evolve at a dizzying pace amid a toughening regulatory climate and digital innovations, banks can prevail over rivals by using...
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How Mobile Payments are Changing the Digital Payment Eco-system

19 April '16
For the impact of mobile payments to create value for all stakeholders in the value chain, a collaborative approach, demand driven proposition, and customer-centric model is essential. The value chain needs to consider the source of funding and meet the needs of many usage situations.  Case studies will demonstrate what drives mobile payment usage both...
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Payment Models driving the development of consumer experience in e-Commerce

19 April '16
A new breed of digitally-savvy consumers is driving the development of consumer experience in eCommerce. Critical to the success of this next-generation development will be a frictionless payment experience that mitigates clunky physical interaction, while contributing to loyalty and customer satisfaction. J Michael Bradley, Managing Director for Asia Pacific, CyberSource, examines how the emergence of...
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