The position of banks in the transaction space – Payments as a commodity? No way!

Closing Panel


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 lost market share, reduced ability to participate in upside gains of new business models, and in worst case extinction altogether.  

In the case for banks, who are on the front lines of digital disruption, the move towards a distributed economy has introduced innovative 3rd parties and Fintech that are providing superior experiences, products and services for customers.  The transaction space which has traditionally been a staple revenue stream is now being threatened by players in the P2P and distributed ecosystem where efficiencies have the potential to reduce payments to a commodity.  Institutions who are able to reimagine their business models, maximize investments in technology, and evolve their business effectively to harness the current innovation cycle will determine the next generation’s winners and losers.

Topics Outline:  

  • Customer adoption trends of digital payments and viewpoints on movement towards a cashless society
  • What critical investments need to be made to remain competitive in the transaction space (Technology, Processes, People, & Partnerships)
  • How to effectively drive and translate the expected value (top and bottom line) of innovation projects – who is doing this well
  • Vision of the future and how the Payments space will evolve (e.g., banks, near banks, and  non banks)

Join this panel discussion led by Tyrone Canaday from Protiviti, and together with Dr. Srini V. Srinivasan from Aerospike and Sam Tanskul from Krungsri Finnovate.


  • GlobalPaymentSummit GlobalPaymentSummit @GlobalPaySummit Is there a fair playing field for banks and fintechs? Join our panel at GPS! Get in touch if you'd like to speak?… https://t.co/tYLKC1pyxK 4 hours ago
    GlobalPaymentSummit GlobalPaymentSummit @GlobalPaySummit A cashier's job is sure complex these days! Look at the plethora of payment options, bill payments, and top up for… https://t.co/1OuYuhhMD6 6 hours ago
    GlobalPaymentSummit GlobalPaymentSummit @GlobalPaySummit RT @retailasiamedia: UnionPay. LiquidPay tie-up to expand QR code payment acceptance in Singapore https://t.co/2y7qJDKgWQ #retailasia #Unio 6 hours ago
    GlobalPaymentSummit GlobalPaymentSummit @GlobalPaySummit Have an innovative solution in the #payment experience? We invite you to enter the Florin Asia Innovation Awards!… https://t.co/vQEWHm1B4J 3 days ago
    GlobalPaymentSummit GlobalPaymentSummit @GlobalPaySummit RT @SuperChargerFT: Don’t miss the chance to showcase your payment solution at @GlobalPaySummit and stand a chance to win the Florin Asia… 2 weeks ago
    GlobalPaymentSummit GlobalPaymentSummit @GlobalPaySummit WeChat pay launches in Malaysia targeting 20million existing users! #wechatpay #malaysia #payment #wechat #wallet https://t.co/8jIUhRZ4ET 4 weeks ago
    GlobalPaymentSummit GlobalPaymentSummit @GlobalPaySummit GPS 2018 will be at the brand new FourSeasons KL opening Aug 2018. We're excited to be in an awesome location this… https://t.co/4ggiOhe5ma 5 weeks ago
    GlobalPaymentSummit GlobalPaymentSummit @GlobalPaySummit RT @FintechSIN: Rapid development for #Fintech in Singapore for the month of June Read more:https://t.co/VraTUCfmIz Subscribe here: https:/… 5 weeks ago
    GlobalPaymentSummit GlobalPaymentSummit @GlobalPaySummit One of the world’s most prominent promoters of ICOs is calling it quits https://t.co/fFM21p5ZW8 via @markets #ICO #Mcafee 5 weeks ago
    GlobalPaymentSummit GlobalPaymentSummit @GlobalPaySummit RT @AusPayNet: Media Release: The Digital Economy report - our ninth milestones report reveals the shift to a digital economy in Australia… 5 weeks ago
    GlobalPaymentSummit GlobalPaymentSummit @GlobalPaySummit Interesting policy evaluation on BNM's Payments card reform framework! https://t.co/CLUS5W2sKr 5 weeks ago
    GlobalPaymentSummit GlobalPaymentSummit @GlobalPaySummit Malaysia's QR code standard by PayNet - unified experience for all? https://t.co/W3sX44AsQ3 #QRcode #Malaysia #PayNet 5 weeks ago
    GlobalPaymentSummit GlobalPaymentSummit @GlobalPaySummit Toyota to invest S$1.34b in Singapore-based ride-hailing firm Grab https://t.co/zwH3d4lGp2 6 weeks ago
    GlobalPaymentSummit GlobalPaymentSummit @GlobalPaySummit Excited to welcome @XMLdation as sponsor at the 2018 Global Payment Summit on 19-20 Sep in Kuala Lumpur Malaysia.… https://t.co/sJI6CC864O 6 weeks ago
    GlobalPaymentSummit GlobalPaymentSummit @GlobalPaySummit Amazing GoPay in action - Check out the lady making a Rp 5,000 payment - equiv of 40cents USD! Acceptance and ease… https://t.co/CEln51vpLM 6 weeks ago
    GlobalPaymentSummit GlobalPaymentSummit @GlobalPaySummit Whatsapp coming to India's payment space. Will they monopolise P2P payments? https://t.co/3Mu1xWjBBM via… https://t.co/M7627UOF7c 6 weeks ago
    GlobalPaymentSummit GlobalPaymentSummit @GlobalPaySummit Call for speakers at GPS2018! Get in touch with us if you're a subject expert in #payments #openbankinghttps://t.co/YhVFQYeoVp 6 weeks ago
    GlobalPaymentSummit GlobalPaymentSummit @GlobalPaySummit Crypto as option for #crossborder #payments? https://t.co/SEu3ZrauRY 6 weeks ago
    GlobalPaymentSummit GlobalPaymentSummit @GlobalPaySummit Remittance world needs an overhaul indeed! LaLa World signs strategic partnership with https://t.co/boXdIIGMur to… https://t.co/P3bC098jcC 7 weeks ago
    GlobalPaymentSummit GlobalPaymentSummit @GlobalPaySummit Register early for GPS 2018 and get 20% discount off registration fees! https://t.co/FU2RfqdCiv 7 weeks ago
  • Also interesting
    Fintech Debate - Can we talk about a fair playing field?
    Written on 18 July '18 by
    READ MORE
    Invitation to Enrol in the Florin Awards 2018
    Written on 21 June '18 by
    READ MORE
    The Quantum Revolution - How will this impact the transaction space?
    Written on 21 June '18 by
    READ MORE
  • Speakers 2018