Emerging Payment Initiatives in Asia:
The Quest For Regional Interoperability
As central banks in the region continue with cashless initiatives, further collaborations on
real time cross border funds transfer could become a reality. Regulators are also driving standardisation to encourage innovation, so the prospect of regional alignment is becoming stronger.
This could herald the advent of a fully interoperable, standardised payments system. Pan-regional mobile wallets and so-called ‘super-apps’ are paving the way for a more harmonised payment ecosystem, promoting Financial Inclusion and making the region less dependent on cash. However, there is still considerable disparity between jurisdictions in these cashless initiatives. At GPS 2020, we look at the latest national developments in e-payments and wallets as well as the larger, cross-border regional platforms and international remittance schemes that are transforming the Asian payments landscape. We will also look at Open Banking and the lessons that can be learned from other regions such as Europe and Australia, and developments in Central Bank Digital Currencies such as China’s ‘Silk Road Coin’ in the light of Facebook’s Libra.
The Asia Global Payment Summit 2020 moves to Manila, Philippines on September 10-11th and will feature 2 days of knowledge exchange, peer-to-peer networking and a prestigious gala dinner featuring our celebrated Florin Awards ceremony.
ASIA-GPS is the most exclusive platform to learn and stay abreast of new concepts,strategies, alternative techniques, and global best practices across the payments and transactions space. Top professionals and global thought-leaders will share critical developments in topics that are most relevant for the region while affording ample room for in-depth discussions and debate.
Please feel free to join us, we would be happy to welcome your suggestions on the content as well. Please respond direct to: firstname.lastname@example.org
Looking forward to meeting you in Manila on 10-11th September 2020!
Our 2020 Program
|Day 1 - 10 Sep 2020|
|08.00||Welcome & Registration|
|09.00||Welcome by David Roberts & Gonzalo Santamaria|
|09.15||Keynote Opening - BsP|
|09.35||Global Payment Challenges: Panel Discussion on Key Global Trends Affecting Asia|
|11.00||ASEAN Regulatory Landscape|
|- Is regulation aligned in the region?
- Central Bank perspective on this
- Fintech perspective
|Track 1||Track 2|
|11.45||A1 Digital Identity: A New Deployment Mode||B1 Developing Low-Cost Remittances
|14.00||Cross Border Payment Initiatives|
|Track 1||Track 2|
|14.45||A1 Latest developments in Mobile Wallets and ‘Super Apps’||B2 Use of Biometrics for Identification and Payments Authorisation|
|16.00||2020 Asia Florin Awards Presentation|
|- Winners Presentation Pitches x 5|
|16.30||Quantum Technology and the 4IR: How Will This Impact The Transaction Space?|
|17.30||Florin Awards Ceremony & Cocktail Reception|
|Day 2 - 11 Sep 2020|
|08.30||Welcome & Registration|
|09.00||Recap & Opening by David Roberts & Gonzalo Santamaria|
|09.15||Stablecoins and their impact on the region
|- The Outlook for Libra in the light of PBOC initiatives (‘Silk Road Coin’)|
|10.15||Open Banking in the region
- Lessons to be learned from Europe & Australia
- Opportunities for Fintechs with open APIs
- Central Bank initiatives
- Retail bank perspectives
|Track 1||Track 2
|A3 The Challenge for Banks – Compete or Collaborate in the Changing Payments Landscape in SE Asia ||B3 Innovations in Correspondent Banking and Cross-Border Payments
|12.15||Financial Inclusion initiatives in SE Asia|
|World Bank – Isaku Endo|
|14.15||FinTech developments – beyond the sandbox|
|- AI and its impact on payments
- Advances in eKYC Technology
|15.00||The view forward – predictions for the payments lansscape in the coming year|
|Yos Kimsawatde | Head of Payment System Office | Thai Bankers’ Association|