Next week’s inaugural Money20/20 Asia in Singapore is shaping up to be a great conference, bringing together the vibrant payments and FinTech community from some of the world’s most dynamic markets. Established incumbents will be rubbing shoulders with scrappy start-ups, regulators, and thought leaders to share and shape their thoughts on the existing and potential ways we use, manage, and interact with money.
Here are some of the sessions that stood out for us.
Date: Tuesday March 13, 11:55 – 12:35
Chair: Faisal Khan, CEO, Faisal Khan & Company
Moderator: Dilip Ratha, Head of KNOMAD, Lead Economist, World Bank
Panel: Michael Liu, Regional Director APAC , WorldRemit | Lukas May, Head of Banking , TransferWise | Prajit Nanu, Co-Founder & CEO , InstaReM | Dilip Ratha, Head of KNOMAD Lead Economist , World Bank | Jack Zhang, Co-Founder & CEO , Airwallex
In a nutshell: Learn about the what the largest remitter’s in the world are currently thinking about and working on.
“Remittances is becoming a margins game so how can value be created going forward? Players are evolving their models to build additional products of value from current accounts to lending. How will this move effect the payments value chain? How will new partnerships between tech giants and incumbent players shape the landscape? What does the right balance between a physical and digital model look like? This session will explore what the future holds for the remittance space.”
Date: Tuesday March 13, 16:50 – 17:30
Chair: Amos Kater, Director Advisory & Education Services, UL Transaction Security
Moderator: Tek Yew, Partner and Head of Financial Services Advisory, KPMG
Panel: Akim Arhipov, Managing Director , BAASIS ID | Tek Yew Chia, Partner & Head of Financial Services Advisory , KPMG | Connie Leung, Senior Director, Financial Industry Services Lead – Asia , Microsoft | Sangram Singh, CEO, FreeCharge; EVP & Head, Cards & Payments Business , Axis Bank Ltd | Gene Vayngrib, CEO & Co-Founder , Tradle
In a nutshell: What are the regional KYC concerns that must be addressed when dealing with customers KYC in the APAC region?
“Whether you’re a bank, government organisation or a tech giant, Know Your Customer (“KYC”) processes continue to be one of the most challenging compliance issues. At times, hugely inefficient, mired with time-consuming and labour-intensive manual processes, how do you verify your next set of customers? In this session, we will explore the challenges and opportunities in KYC along with customer identity validation, and fraud prevention. Is blockchain tech truly the key to a viable KYC utility – or is this a case of a technical solution in search of a problem? Hear from the execs as they explore the future.”
Date: Tuesday March 13, 17:00 – 17:15
Chair: Katherine Ng, VP & CMO, QUOINE
Speakers: Bobby Lee, Founder & CEO , BTCC
In a nutshell: What is the state of regulations for cryptocurrencies, and what’s going on with China?
“There are a huge number of vexing questions that have been left unanswered around scaling, security and governance of cryptocurrencies. Where regulators have cracked down, the impact on crypto markets is huge and companies have to pivot fast to stay ahead. So what should be the role of regulators? And just how corrupt is this market anyway? The founder of one of China’s biggest Bitcoin companies shares his experiences of facing the Chinese authorities and his views on which cryptocurrencies are a scam.”
Date: Wednesday March 14, 15:30 – 16:00
Moderator: Andrew Vorster, Foresight Consultant, AndrewVorster.com
Panel: James Chan, CEO, Southeast Asia , Wecash | Simon Loong, Founder & CEO , WeLab
In a nutshell: How can the digital economy onboard the next billion customers without compromising on accuracy and regulatory responsiveness?
“Having a credit model that utilises the latest machine learning technology is crucial to improving accuracy and ensuring sustainable growth. What is the secret recipe for the perfect decisioning model? How can this scale across the region and how will lending regulation affect this? Plugging in the next billion consumers and SMEs to the financial world relies on new data sources from multiple channels, but what are the next essential sources of data and how will these change the landscape?”
Date: Thursday March 15, 11:30 – 12:00
Chair: Dave Birch, Director of Innovation, Consult Hyperion
Panel: Philippe Blot, Co-Founder , MeReal Biometrics | Sungsoo Kim, Product and Business Development Manager , Samsung Pass | Craig Ramsay, Global Innovation Lead for Global Liquidity & Cash Management , HSBC
In a nutshell: How will the technology for identity authentication be integrated into businesses at large?
“It’s one thing to link something in the real world to something in the virtual world, but how does the real world thing control access to the virtual world thing? This is the problem that authentication has to solve, balancing the UX with the strength of the authentication (where one size very definitely does not fit all). The good news is that authentication technology is getting better all the time, with consumers getting used to fingerprints and face recognition. What is the technology roadmap and how does it work for real-world businesses?”