Join the forces of change!

APAC the driving force in FinTech and Payment Innovation.FinTech is “hot” in Asia. Investments reached to over US$ 4,5 billion in 2015, just for in Asia; far larger than the investments in Europe. FinTech innovators looking for ‘scale’ tend to focus on the larger markets such as India and China. It is “crossing borders” that will be key for payment innovators. Understanding the country specifics, the needs of customers and be sure to partners locally with the right entities to be successful.

The importance of GlobalPaymentSummit (GPS) innovative agenda in APACGPS is being organized in Singapore. Together with Hong Kong, APAC holds the two of the top four financial centers of the world. Next to that, both Hong Kong and Singapore are leading in adopting FinTech services, recently. HKMA and MAS are actively involved in stimulating innovation and creating room to pilot amongst others by offering regulatory sandboxes.

The unbanked/underbanked:Of the 1.2 billion people who don’t have a formal bank account (unbanked / underbanked) over 50 % live in Asia. So a great opportunity to develop cost-effective solutions for financial services, both bank and non-bank! The large penetration of smartphones and the growing drive to secure (faster) internet for everyone will enable FinTech to anticipate even faster.

Remittances:Goals have been set to reduce the cost for remittances to max 3 %. The largest portion of Remittances is coming from Asian nations. Key will not only be to reduce the overall costs but also secure that payments can remain cashless and secure in the entire value chain.

Payment Processing / straight-through processing:Faster Payment Technologies will enable a state-of-the-art high-end process for domestic and cross-border transactions. With faster payment technologies, financial institutions can leverage on the digital road, increasing the remittance flow and trading activities in APAC.

e-Commerce:No doubt that China has the largest e-commerce eco-system in the world. China’s FinTech companies like Alipay, Tencent, WeChat and others create total new reality in payments and finance. A reality check for banks and services providers who are ‘traditionally’ positioned.

Security of Virtual PaymentsWith transactions going massive digitally, protecting cyberspace security and personals data safety is key. Technologies such as biometrics will be needed but their wide applications may take time and big investments.

Join us today and be in Singapore on 12-13 October 2016 !No doubt APAC is a region to look at and to deep-dive into the key drivers of change. GlobalPaymentSummit offers a program to exchange the best practices and key lessons learned amongst senior strategists and practitioners. We are not a ‘vendor show’ but dedicated to bring insights and share best expertise. Our content is non-commercial and we have a track record of over 15 year bringing the best program possible. Have a look at our program and join GPS !

Harry SmorenbergFounder & Chairman, Global Payment Summitwww.globalpaymentsummit.com / info@transactives.com

08.00 Registration

09.00Welcome and introduction by Chairman - Harry Smorenberg

09.05Keynote Panel: Keeping Up Pace of Change - Next Gen Requirements of Payments- Smarter payment solutions- Shift into new channels: mobile, social media

09.30 Keynote Plenary Opening Panel: Keeping Pace With Innovation in Payments: Regulation & Cybersecurity- Global Payment Innovation Initiatives | SWIFT- Need for a community response to cyber security threats- Emerging payment technologies and risk assessment

Eddie Haddad | Managing Director | Asia Pacific | SWIFT

10.15 Networking Break

10.45 Keynote Plenary Opening: API-based banking: shaping a new financial cafetaria landscape - How banks can benefit- How the FSI embraces the opportunity- New forms in transparency “Neue Kombinationen”- European head-start shared (see the EBA paper)

Gijs Boudewijn | Chair Payment Systems Committee | The European Banking Federation (EBF)Vladislav Solodkiy | CEO and Managing Partner | Life.SREDA VC.

11.15 Keynote Plenary Briefing & Debate: New Regulatory Challenges in Transaction Space- New role of technology (RegTech : RegulatoryTechnology)- Latest European / US accomplishments and compare to ASIA initiatives

Janos Barberis | FinTech HK Founder & Senior Research Fellow HK University Law School | HKNaphongthawat Phothikit | Division Exec |Payment Systems Policy Department | Bank of Thailand Farida Peranginangin | Director | Payment Systems Policy of Bank of IndonesiaGijs Boudewijn | Chair Payment Systems Committee | The European Banking Federation (EBF)

12.00 Lunch

13.15 A1E-Commerce: High Growth & Smart Payments- e-Commerce’s developments- Global changing payment patterns- Best practice cases / lessons

B1Transforming Mobile Payments in SEA Using Transportation- Targeting seamless payments

across SEA markets- Beyond the transport biz

Joel Yarbrough | Group Product Manager | Grab

C1Country Focus: South Korea- Smart Pay development- KaKao Pay- Expectations for future

KyongSun KongAnalyst | Celent | Seoul

14.00 Networking Break

DAY 1 - 12 October 2016

Updated 24 Aug 2016

14.30 A2bKash Bangladesh: Leapfrogging to Mobile Payments- Evaluating large scale

implementation- Live Case Presentation

Moinuddin Mohd Rahgir | CFO bKash | Bangladesh

B2Remittance: Challenging the traditional banking system

Carlo Corazza | Senior Payment Systems Expert | World Bank | Sydney

C2Country Focus: Indonesia

15.15Networking Break

15.45 A3Big Value in Payments Data- Trends and developments- Privacy matters- Fraud Prevention - Payments in the bigger picture of

data

B3Security of “Virtual” Payments: the next challenge- Leading trends in security and

fighting fraud- How to pool the expertise,

cooperate ‘smarter’?- Harness big data for security- How to better support the

individual users?

C1Country Focus: Philippines

- BSP & National Retail Payments System

- Challenges of payments interoperability

- Promoting open competition

Jay M. Dizon | Acting Deputy Director | Office of the Supervisory Policy Department | Bangko Sentral ng Pilipinas

16.30 Keynote: Blockchain - The Big Promise?- The conversation shift from bitcoins to ledgers- The real impact on payments- Cases and global initiatives, discussed

Shirish WADIVKAR | Managing Director Head, Payables, Receivables & Flow FX Transaction Banking |Standard Chartered Bank | SingaporeVictoria Vaughan | CEO | CoinTelegraph | LondonDavid Lee | Professor of Quantitative Finance | SKBI SMU

17.15 Florin Awards Asia - Presentation

17.30Cocktail Party

DAY 1 - 12 October 2016

08.00 Welcome Coffee

09.00 Welcome and wrap up Day 1

09.15Keynote: Financial Inclusion as Catalyst for Simplifying the Payments Business- Key results and report from ADB | ADBI | CGAP-Transactives May 2016 conference Manila- De-brief on essential drivers for success

Lotte Schou Zibell | Technical Advisor (Finance) | Asian Development Bank | Manila

10.00 Keynote: Identity - the ultimate ‘ transaction’- Key developments in national identity registry- Realising efficiencies with e-identity- Cases reviewed: Estonia, India-

David Piesse | Advisory Board, Insurance Lead and Chief Risk Officer | Guardtime

10.45 Networking Break

11.15 B4Accelerating Financial Inclusion from cloud banking and shared service platforms to last mile delivery- Common payment platform for Credit Unions in

ACCU (Asian Confederation of Credit Unions)- Core banking solution- Shared technology at low cost- Cloud based and multi channel access

Kalin Radev | CEO | Software Group

C4Country Focus: Thailand

- Development in Thailand’s Payment Systems Landscap

- National e-Payment Master Plan : Benefits & Challenges

Naphongthawat Phothikit | Division Exec | Payment Systems Policy Department | Bank of Thailand

12.00 Lunch

13.15 Payments and Fintech in China (expert panel)- Payments landscape developments / emerging players/ disrupters- The shift in payments experiences…- RMB impact / payments beyond ChinaZennon Kapron | Managing Director | Kapron Asia | ShanghaiMichael Moon | Head of Payments | Asia Pacific | SWIFT

14.00 Keynote by Sopnendu Mohanty | Chief Fintech Officer | Monetary Authority of Singapore

GLOBAL Payment Summit Fintech Selections

14.35Simility on Intelligent Fraud Analytics Goabra on Mobile Money

14.55Quona Capital - Fintech for inclusive Finance Identitii - Secure transactions via Blockchain

15.15

15.30 End of Program

DAY 2 - 13 October 2016

Apply & Win Florin Awards AsiaGet exposure to the international community!

We would like to invite you to apply for the 2016 Florin Awards Asia.

The "Florins" were created in 2010 to stimulate innovation in the transaction space by providing the nominees and the winners with substantial benefits to assist the promotion of their innovative products and services. It originated in Europe and we are excited to introduce this to GPS in Asia this year!  We will introduce 'Florin Awards Asia' for two categories:

• Fraud Prevention Innovation• Remittance Breakthrough Transfers

For each category, five nominees will be selected by our professional and independent 'Florin Award Jury'. After closing date we will announce the finalist-nominees per category. Next to the professional "Jury Votes" we will invite you, the public to do the "Community Votes". During the GLOBAL Payment Summit (12-13 October 2016) the selected winners for both the Jury Votes and Community Votes will be announced. The Florins 2016 are a GLOBAL Payment Summit initiative, endorsed by The Paypers and Fintech News Singapore.

We invite all interested applicants to send in your details. Apply today via this link! Closing date is 10 September.

We look forward to your entries! Kind regards,The Florin Awards team

Supported by:

Oct 12th

Chairman’sWelcome

09:0009:10

Harry SmorenbergCEO of Smorenberg Corporate Consultancy

Harry is a financial services marketing and positioning strategist. He previously worked at Banque Paribas and ABN AMRO and was a director at two leading strategic consultants.

He is a leading contributor to innovation in both the retail and corporate payments and transaction space. He has also been actively involved in developing solutions in financial planning, international pensions and 'social innovations'. His strength is in catalyzing institutions into developing vision and strategies, and in identifying and implementing client-centric solutions.He is a columnist and guest speaker, sits on several advisory boards and regularly publishes in leading international media.

Other functions:• Member of the International Advisory Board of the Europe - China

Institute, Nyenrode University• Adjunct Professor at Joint Innovation Center for Social Management

of Urban and Rural Communities in Hubei Province - Zhongnan University in Wuhan, China

• Member of the Board of Advisors of NIBUD (National Institute for Family Finance Information)

• Chairman Editorial Advisory Board of Banking & Finance Europe• Founder & Chairman of the International EPCA Payment Summit

(www.epcapaymentsummit.com)• Founder & Chairman of the GlobalPaymentSummit - Singapore

(www.globalpaymentsummit.com)• Founder & CEO of Transactives BV• Founder & Chairman of the WorldPensionSummit

(www.worldpensionsummit.com) • Co-founder of China Pension Forum - national platform (Renmin

University - Beijing)• Founder and Chairman of New Normal in Working and Social

Innovation (www.nieuwenormwerken.nl) • CFO of the foundation "Stichting Drie Dolfijnen" (charity fund)

Read Fintech Bubble About to Burst by Harry Smorenberghttp://goo.gl/of43EO

Oct 12th

KeynotePlenary

09:3010:15

Eddie Haddad

| Managing Director | Asia Pacific | SWIFT

Keeping Pace With Innovation in Payments: Regulation & Cybersecurity

Much has been spoken about Fintech companies gaining traction over traditional banks with legacy systems and slow-to-act corporate hierarchies. Corporate expectations and new payment market entrants are putting pressure on the banks to innovate the traditional correspondent banking model for cross-border payments.

New models and emerging payment technologies are paving the way in innovative new ways of customer interaction. On the same note online fraud and security issues come in tandem. This drives a renewed focus in ensuring online security, as well as a need for a community response.

This panel discussion will address:

• new focus in cyber security• regulator roles and approach on emerging payments technologies

and risk assessment• regulatory sandboxing and expected benefits from payments

perspective• balance of innovation with inherent risk management• Global Payments Innovation Initiative• Real time payments and the future

Oct 12th

KeynotePlenary

10:4511:15

Open APIs : Shaping a New Financial Cafeteria Landscape

Gijs Boudewijn

Chairman of the Payment Systems Committee of the European Banking Federation, Brussels and Deputy General Manager at the Dutch Payments Association, Amsterdam

“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. The nature of the payments business has fundamentally changed in recent years. Even only a decade ago, payments practitioners were described as “the guys in the basement doing the plumbing”. Not very sexy, but someone had to do the job …

Today, however, payments are hot. Globally the amount of venture capital being poured into payments related startups and innovators is the highest of all financial service related investment in innovation. Bigtech and Fintech alike are looking for opportunities and a large number of non-bank players have entered the market, all looking to improve customer experience and add value to the offerings of the incumbents, using the experiences from their own industries to disrupt the financial industry.

In the European Union, of the four drivers of innovation the regulatory context probably has the biggest impact. The Payment Services Directive (PSD), which had to be transposed in national legislation by November 2009 provided the legal foundation for a single EU market for retail payments. It also seeks to improve competition by opening up payment markets to new entrants, thus fostering greater efficiency, innovation and cost-reduction. A new, lighter regulatory regime was introduced for Payment Institutions. On January 2016 the revised Payment Services Directive or PSD2 entered into force. It aims to improve the level playing field for payment service providers (including regulation of new players) and must be incorporated into national law by January 13, 2018.

What will prove to be a game changer is the introduction of two new types of financial services that can be provided by another service provider than the account servicing payment service provider – traditionally those are the banks. These new services are Payment Initiation Services (PIS) and Account Information Services (AIS). PIS and AIS providers will need a “light touch” license as payment institution. Crucial concept in PSD2 is the right of the consumer to grant access to his or her payment account to PIS and AIS providers, and that consumers may provide the personal security credentials they received from the Account Servicing PSP to the third party that is providing the PIS or AIS. That is the new concept of third party access to the payment account – or XS2A.

… continue next page.

Vladislav Solodkiy

CEO and Managing Partner, Life.SREDA VC.

Oct 12th

KeynotePlenary

10:4511:15

With the new directive in place, open banking is no longer an option, but -to a certain extent- mandatory. The “what” question has been dealt with: banks must open up to foster competition and innovation. Disintermediation looms and a “do nothing but comply” scenario will most likely lead to banks being disintermediated and pushed back in the value chain. So, the incumbents now must contemplate how to stay relevant for their customer base and find a strategy. The challenge is to not just comply with the strict regulatory requirements but go beyond what is required. Because it is not all bad news: the new regulatory environment also offers hope: how can banks leverage this opportunity to beef up their legacy systems and renew infrastructure? How can they best cooperate with Fintechs? How can they reinvent themselves? Or, to quote the CEO of one large retail bank: “”We have to disrupt ourselves before we are disrupted!”.

So, does open banking offer a real innovation opportunity? Probably it does. The “what” question has been answered, but the “how” question is still largely remains open. How can we make the new XS2A concept work in practice in a secure way? The European legislator has left this to the European Banking Authority (EBA). The EBA has been mandated to draft Regulatory Technical Standards (RTS) on several technical and security aspects of PSD2. The draft RTS are expected to be published for consultation by the end of August, and must be presented to the European Commission by January 2017. It is to be expected however, that the RTS will not be very detailed and will only contain functional requirements. It will be left to the market to fill the gap between the RTS and the account access. And that is where API’s come into play – XS2API.

At GPS I will highlight key European developments. A detailed briefing on relevant developments and expected next step. I will secure sufficient room for questions and discussion, blending in the Asia developments, differences and joint outlook at a very dynamic transaction space!

Looking forward to meeting you in Singapore,

Gijs

Oct 12th

KeynotePlenary

11:1512:00

New Regulatory Challenges in the Transaction Space

Janos Barberis

Founder of FinTech HK

Naphongthawat Phothikit

Division Executive, Payment Systems Policy Department of the Bank of Thailand

Gijs Boudewijn

Chairman of the Payment Systems Committee of the European Banking Federation, Brussels and Deputy General Manager at the Dutch Payments Association, Amsterdam

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 for regulators, banks and start-ups alike. However as the industry develop itself it will witnessed two faces. First RegTech 1.0 will digitized previous regulatory and compliance process (e.g. E-KYC), Secondly, RegTech 2.0 will re-imagine regulation and its framework in a digital word.

Join Janos in the panel debate on RegTech and Challenges in Transaction Space with

• Naphongthawat Phothikit | Division Exec |Payment Systems Policy Department | Bank of Thailand

• Farida Peranginangin | Director | Payment Systems Policy of Bank of Indonesia

• Gijs Boudewijn | Chair Payment Systems Committee | The European Banking Federation (EBF)

Oct 12th

TRACK

B113:1514:00

Transforming Mobile Payments in SEA Using Transportation - Grab

Joel Yarbrough

Group Product Manager Grab

Joel Yarbrough is the Group Product Manager at Grab. In his role, he drives product strategy and oversees the end-to-end product experience for Grab's passengers, drivers and partners. Through the Grab platform, he seeks to help drivers and partners build opportunities for themselves, while delivering safe and accessible transport to Southeast Asia.

Joel brings over 20 years of solution and product management experience to Grab, having served in senior management roles in leading Internet,finance, and management consulting firms. Throughout his career, Joel has been passionate about connecting the dots to make product vision areality. He relishes the challenge of taking apart complex technology systems and rebuilding them to address real problems.

Prior to joining Grab, Joel spent over six years at PayPal overseeing product strategy and product delivery in APAC, as well as delivery of solutions for large online and omnichannel partners. Joel was alsoa founding board member of PayPal’s non-profit and charitable giving fund.

Joel holds a Bachelor of Science in Economics from the Wharton School of the University of Pennsylvania, and currently lives in Singapore withhis wife and two daughters

Oct 12th

TRACK

C113.1514.00

Country Focus: South Korea KyongSun Kong

Analyst with Celent's Asian Financial Services Group

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 smart pay firm is also looking to expand its customer base. If smart pay providers have not clearly articulated their purpose and carved out a market space, then they risk being swept away in the maelstrom.

Join KyongSun as she elaborates on the South Korea market’s mobile payment trends and forecasts:

• Mobile payment market in South Korea• Current status of South Korea’s mobile payment market• Smart pay providers in South Korea• Case study (Kakao Pay which has a strong position in online payment

area and Samsung Pay which has a strong position in offline payment/ contactless payment area)

• Future trends of South Korea’s smart pay market.

KyongSun is an analyst with Celent's Asian Financial Services group and is based in the firm's Seoul office. Her areas of expertise include mobile payments and other innovative financial services and delivery channels, retail brokerage, and the Korean financial services industry. Previously, KyongSun worked as a translator, interpreter, and editor focused on financial services, including the banking, capital markets, and insurance industries. KyongSun received a Bachelor of Arts degree in British and American studies and intercultural studies from the Kyoto University of Foreign Studies. She is fluent in Japanese, English, and Korean.

Oct 12th

TRACK

A214.3015.15

bKash Bangladesh: Leapfrogging to Mobile Payments

Moinuddin Rahgir

Chief financial officer and the Company Secretary at bKash Limited based in Dhaka, Bangladesh Moinuddin Rahgir (Moin) is the Chief financial officer and the

Company Secretary at bKash Limited based in Dhaka, Bangladesh. Moin joined bKash in October 2012 after having spent more than fifteen years in different areas of Finance in British American Tobacco. Moin has been a part of the journey which has seen bKash grow from a base of 2 million registered customers to more than 22 million and growing. He has been instrumental in shaping the treasury and finance functions of bKash and has been a key member of the management team. He draws his passion and motivation from the impact bKash has made in the lives of the people of Bangladesh and the immense opportunities that lie ahead in attaining financial inclusion in Bangladesh

Oct 12th

TRACK

B214.3015.15

Remittance: - Challenging the traditional banking system - Reaching the World Bank Target of 3%? Carlo Corazza has been working as Senior Payment Systems Expert in the Financial Infrastructure and Inclusion Practice of the World Bank since January 2007. In his position he has undertaken several missions of assessment of the market for payments and remittances in both sending and receiving countries. He is actively involved in the coordination of the activities of the WB Global Remittances Working Group and represents his unit during seminars and conferences worldwide. Mr. Corazza duties include the coordination and implementation of specific technical assistance projects in the area of remittances and payment systems.

Prior to joining the World Bank, Mr. Corazza has worked as Local Economic Development Expert for the United Nations Development Program in Guatemala and Serbia where he facilitated and coordinated programs of decentralized cooperation aimed at fostering the potentialities of the local economy through partnership among Public and Private entities in industrialized and developing countries. Before that he was attaché at the Italian Mission to the United Nations in New York, where he conducted research for the Economic Department and participated in the negotiations of the Italian delegation in many resolutions.

Carlo Corazza

Senior Payment Systems Expert | WorldBank

Oct 12th

KeynotePlenary

16:3017:15

Blockchain - The Big Promise?

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 ways. Public blockchains (e.g. cryptocurrency systems like Bitcoin) operate with shared consensus model, where the transactions are public. Just recently, “permissioned” systems have begun to emerge that add a layer of privacy based on permissions which provide differing levels of visibility of the transactions. These permissioned based DLTs can be designed to solve different business problems. A challenging development for financial services, government services, health and many other applications. Our key questions at GPS are:

How appropriate is Blockchain for payments?

Is Blockchain the sole solution for “trust”? Should we reconsider the entire value chain of transactions? Blockchain in present practices… What did we learn so far?

Join our program and be part of the discussion and deep-learning experience!

Shirish WADIVKAR

Managing Director Head, Payables, Receivables & Flow FX Transaction Banking | Standard Chartered Bank

Victoria Vaughan

Chief Executive Officer | Cointelegraph

David LEE Kuo Chuen

Professor of Quantitative Finance (Practice) Executive/Academic Director, Sim Kee Boon Institute for Financial Economics (SKBI) Academic Director, Global Master of Finance Dual Degree

Oct 13th

KeynotePlenary

09.1510.00

Financial Inclusion as Catalyst for Simplifying the Payments Business

Lotte Schou Zibell

Technical Advisor (Finance)| Asian Development Bank

Due to innovations in financial technology and changes in the enabling environment, the number of financially excluded adults across Asia and the Pacific has dropped to about 1 billion.

Increased access to affordable financial services can be a lever for Asians to smoothen consumption, manage risk and improve their lives through better savings options, access to credit, and cheaper payments or remittances.

However, the majority of bank and non-bank institutions still rely on branch networks, which have limited the wider population from accessing financial services. Most activities have to be done over the counter in person, and processes are time-consuming. The most common barriers to financial inclusion are the high cost of providing or using services, the lack of nearby services, and lack of identification required for consumers to open bank accounts, for example, and for providers to comply with ‘know your customer’ rules.

The future is in financial technology, or fintech.

Innovations in information and communication technology and the emergence of new fintech players are accelerating financial inclusion much more rapidly than at any other time in history. Fintech partnerships and business models are delivering financial services that reach remote clients, as well as those at the base of the income pyramid.… (excerpt from ADB blog by Lotte Schou Zibell)

Lotte provides technical leadership on financial sector issues, including developing and maintaining sector policies, strategies, operational plans and directional papers. She previously worked as Director for International Economic Policy at the Swedish Ministry of Finance, financial supervision and regulation expert at the Swedish Financial Supervisory Authority and the Swedish Central Bank, and as a consultant to the International Monetary Fund.

She will also be leading a discussion on financial inclusion at the GLOBAL Payment Summit 2016.

Oct 13th

TRACK

B411.1512.00

Accelerating Financial Inclusion from cloud banking and shared service platforms to last mile delivery

Kalin Radev

CEO | Software Group

The ACCU (Asian Confederation of CU’s) platform is a common payment platform for the CU movement, with the intention to build a self-sustaining business which supports ACCU members with technology and payments throughout the region. 

This will allow ACCU members to offer their member organisations access to a range of payment services and integrate with a variety of third party networks.  This will enable them to expand the range of services available to members, generate additional revenue and increase member share value.  It will consist of the following components: • Core banking solution (CBS)• Comprehensive Payment Platform with an administrative portal to manage all

operations on the platform as well as functional modules such as a Payment Gateway and an integration layer that facilitates integration between participating Credit Unions and third party systems such as National ATM Switch, Payment Service Providers, Bill Payment aggregators, MNOs, etc.

• Teller interface for facilitating payment transactions for members at the branch• Mobile interface for clients to conveniently access their account and transact on

their own mobile device• Option to add additional delivery channel modules to extend the reach of the

platform Using the Microsoft Azure cloud, this service will be via user-friendly delivery channels (such as mobile phone, tablet, laptop etc). Benefits to the client include ease of access (through multiple channels, over the counter and serf service); convenience (pay bills anywhere, anytime, 24/7 availability); user friendly (smart mobile application, linked cards) and cost effective (based on a shared service platform, costs will be split and charged at competitive rates).

Oct 13th

TRACK

C411.1512.00

Country Focus: Thailand

National e-Payment Master Plan | PromptPay

Naphongthawat Phothikit

Division Executive, Payment Systems Policy Department of the Bank of Thailand 

Over 9.7 million individuals have registered for Promptpay, the nationwide money transfer platform, during the first 11 days of this month, according to Bank of Thailand.

Of total, 1.6 million registered for the electronic money-transfer service through their bank accounts and mobile phone numbers. The remaining 8.1 million opt for the service through their identification numbers.

It is the first step of the national e-payment scheme that aims for the eventual cashless society. (The Nation)

Naphongthawat Phothikit is a Division Executive, Payment Systems Policy Department of the Bank of Thailand, Thailand’s central bank. With more than 15 years’ experience in central banking, he is responsible for national payment systems policy formulation to ensure the efficiency and safety of Thailand’s payment systems, including development of infrastructure, promotion of electronic payment transactions and oversight of payment systems operators and payment service providers. Currently, his main responsibility involves with the National e-Payment Master Plan, Thailand’s comprehensive initiative to develop payment infrastructure and promote the use of electronic payments in Thailand.

For all professionals and businesses looking to expand payment services in Thailand, this is the track to tune in to. Naphongthawat will share his insights as a key implementation team for the e-Payment Master Plan.

Discussion & Takeaways:• Development in Thailand’s Payment Systems Landscape• National e-Payment Master Plan : Benefits & Challenges

Oct 12th

TRACK

A315.4516.30

China Disrupted - How Fintech and Payments are changing China’s Financial Industry

A decade ago, queuing for an hour at the bank was a normal experience for most of China’s retail consumers. Poor customer service and lack of competitive choices meant that very few customers would actually switch their financial services provider on the basis of their customer experience. Today, that has changed completely. With online payment platforms like WeChat Pay and Alipay, digital payments are a reality for customers. Financial product distribution platforms like Lufax and CreditEase make it incredibly easy for customers to invest their money. This shift presents stark challenges for China’s traditional players who risk losing market share and revenue to this new swathe of fintech upstarts and giants who have radically changed the way 1.5 billion customers bank.  During this panel session, we will look at some of the key changes and industry trends that are redefining banking and financial services in China both in their historical context and what we might expect for the future. 

Key Points to be covered: • Evolution of Fintech in China• The Role of Digital Payments in Disruption• Regulatory Frameworks and Approaches• Future of Fintech in China

Zennon Kapron

Managing Director| Kapronasia

Michael Moon

Head of Payments, Asia Pacific, SWIFT

Oct 13th

KeynotePlenary

13.1514.00

Oct 13th

14.3514.50

GPS Fintech Selections

Swastik Bihani

VP of Product Management and Head of India Operations

Online fraud is a global problem but most payments fraud protections are not optimized for preventing fraud for Asian companies. This session will highlight current payments fraud trends and cutting-edge fraud prevention technologies for the Asia-Pacific region. Find out how online retailers, crowdfunding platforms and marketplaces are seeing an immediate 50-300% reduction in fraudulent payment transactions along with reduced false positives on the Simility Fraud Prevention Platform.

Quona Capital is an early growth-stage venture firm focused on fintech for inclusive finance in emerging markets.  Quona believes that the dearth of appropriate products coupled with the rapid pace of technological innovation and adoption creates tremendous opportunities for consumers, entrepreneurs, and investors in these markets.  Quona's partners have deep experience as investors and entrepreneurs in financial services and technology, having lived, worked and built companies in both developed economies and the emerging markets we they serve and seek to connect. Quona manages both the Accion Frontier Inclusion Fund and the Accion Frontier Investments Group portfolio.  For more information, visit www.quona.com

Ganesh Rengaswamy

Partner

Oct 13th

14.5515.10

GPS Fintech Selections

Backed by a global and premier group of investors including American Express, RRE Ventures, Arbor Ventures, Jungle Ventures Abra is the world's first telco, device and operating system agnostic mobile money application that enables users to send money between any two smartphones in the world in any currency for free. Abra merges money transfer, payments and via a single digital cash wallet that works ubiquitously anywhere in the world. There is no bank, no prepaid card and no third party involved in managing, storing, remitting or accepting funds. Abra´s system has been described as ¨Venmo a global scale¨ or the ¨Whatsapp of Money Movement." 

Eric Rosenthal

Head of Global Business Development for Abra