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Page 1: Celebrating 5 years in Singapore - Global Payment Summit … · 08.00 Welcome Breakfast & Registration 09.00 Welcome by Summit Chairman | Harry Smorenberg 09.10 Keynote Opening by
Page 2: Celebrating 5 years in Singapore - Global Payment Summit … · 08.00 Welcome Breakfast & Registration 09.00 Welcome by Summit Chairman | Harry Smorenberg 09.10 Keynote Opening by

Celebrating 5 years in Singapore !

GlobalPaymentSummit 2017 Working in a Smarter Transaction Space

Dear friends and professionals in the payment space,

Welcome to the 5th GlobalPaymentSummit in Singapore. A global conference with APAC-focus that delivers key content, best practices, deep-learning and relevant networking amongst senior peers in payments and transactions.

Our Summit strives to deliver a spectacular program in both key briefings and relevant debates in payments with ample room for individual ‘learning’ and top networking.

Our GPS 2017 theme is: “Working in a Smarter Transaction Space”. We will deep-dive into new architecture and technology essential to reinvent the payment infrastructure. We will exchange global and regional best-practices and focus on product & service innovations, barriers & opportunities in o.a. technology, consumer behaviour and regulation. Security and Fraud prevention, the power of new media, the challenging IoT-transactions and many more topics will be part of our triggering and compact program.

Have a closer look at our program details. We will continuously update the program and inform you on new items. We are offering the best “for-by professionals” platform in the Asia! Join us today and share your ideas and suggestions!

Warmest regards,

Harry Smorenberg Chairman

Page 3: Celebrating 5 years in Singapore - Global Payment Summit … · 08.00 Welcome Breakfast & Registration 09.00 Welcome by Summit Chairman | Harry Smorenberg 09.10 Keynote Opening by

08.00 Welcome Breakfast & Registration

09.00 Welcome by Summit Chairman | Harry Smorenberg

09.10 Keynote Opening by Gregory Gibb | CEO | Lufax / Shanghai Lujiazui Intl Financial Asset Exchange Co.

09.30 Opening Panel “The New Normal For Payments: Innovation. Disruption.”

Keynote Introduction by Eddie Haddad | Managing Director, Asia Pacific, SWIFT

Panellists: Eddie Haddad | Managing Director, APAC | SWIFT Payments & Innovation Executives from regional/global banks Payments Services Provider representative Chris Humphrey | Executive Director | EU-ASEAN Business Council (Moderator)

10.30 Networking Break

11.00

Real-Time Payments: the-state-of-the-art in Asia

• RTP developments in APAC • Banks on boarding ideas • Corporate RTP : is this a real

need or just nice-to-have?

Gim Soon Tay | COO | MyClear Malaysia | KL

Remittances: “Reaching the last mile” efficiency

• How to better serve low wage migrants

• Challenging legacy models • Improving efficiency • Can blockchain deliver

unprecedented speed at low cost?

Detecting Fraud, Managing Risk and Making Real-time decisions in Payment Systems

• Why is Real-time detection of Fraud and Risk Management critical in Payment Systems? 

• Execute Real-time decisioning (within 200-500 milliseconds) in payment systems

• Hybrid Memory Architecture • Aerospike’s Architecture and

specific use cases

Dr. Srini V. Srinivasan | Founder and Chief Development Officer | Aerospike | SanFrancisco

11.45 Lunch

13.00 Next Generation Regulatory Perspectives: global lessons learned - RegTech impact on existing business models - Self regulation vs Hard laws; Fragmentation vs Harmonization

Ruth Wandhofer | Managing Director | Global Head of Regulatory & Market Strategy | Citibank | Frankfurt

13.15 Plenary panel on Regulatory “speed of change”: regional dialogue - E-commerce as key driver in displacing cash - Challenges: Tackling the unbanked, providing ubiquitous EDCs, solutions for realtime P2P payments,

emerging technologies as alternative to cards - More efficient push transactions via ACH or digital currencies and blockchain solutions - How can Innovation be imbedded within the ecosystem (properly positioned for legislation & supervision) Ruth Wandhofer | Managing Director | Global Head of Regulatory & Market Strategy | Citibank | Frankfurt Makram Amin Bou Nassar | Exec. Director and Head of Payment Systems Dept | Central Bank of Lebanon Tan Nyat Chuan, Director of Payment Systems Policy Dept | Bank Negara Malaysia Bernard Wee | Exec Director, Financial Markets Dev. and Payments & Technology Solutions | MAS Paul Brisk | co-Founder | Digital Payments Asia Pacific | KL (moderator)

A1 B1 C1

Day 1 - 28 August 2017

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14.00 Networking Break

14.30

“Initial Coin Offerings the New Payment Realism?” • New age fund raising #ICO • Beyond the fanfare and FOMO • ICO bubble or here to stay

Vijay Ayyar | Head of Business Development / GM - Asia & Africa Luno

E-Commerce Asia Expert Panel

• Redesigning  the e-Commerce value chain

• Further consolidation in the online payment sector

• Next Generation e-Commerce cases

Future of Payments in Indonesia

• How will Indonesia open up to new payment developments

• Reaching the unbanked even those without smart phones

Budi Gandasoebrata | COO -Midtrans & Vice Chairman - Payment Systems Fintech Indonesia | Jakarta

Achmad Nusjirwan Sugondo | EVP at Bank Tabungan Pensiunan Nasional | Jakarta

15.15 Networking Break

15.45

‘Going Cashless’ as catalyst for APAC Mobile Payments Market   • Briefing on key developments

in Asia Pacific • Australia / Singapore /

Malaysia cases • Solutions: fighting barriers –

using opportunities

Quah Mei Lee | Industry Principal Analyst | Frost & Sullivan’s Telecoms Practice

China: A day in the life - How Digital Finance the way that 1.4 billion people pay, shop, and save

• How China went from Digital Payment Products to Digital Finance Platforms (combining Alibaba/ANT Financial )

• Regional expansion in Asia (ASEAN and India)

• Future Impact on APAC Financial Services positioning

Zennon Kapron | Managing Director | Kapron Asia

API – Open Banking developments: The new role of banks & non-banks

16.30 Remittances - driving innovation in payments for Asia

Faisal Khan | Co-Host of Around the Coin Podcast

17.15 GPS - Florin Awards Asia Presentation [ CALL FOR ENTRIES NOW - End by 30 JULY]

17.45 Cocktail Reception

18.30 End of Program

Day 1 - 28 August 2017

A3 B3 C3

A2 B2 C2

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08.30 Welcome Coffee

09.15 Recap & Opening by Harry Smorenberg

09.20 Keynote by Head of GrabPay - Jason Thompson | Singapore

09.45 Lessons from Social Payments in China: How digital platforms are driving financial inclusion, economic empowerment in China and lessons for other markets

- The macro-economic situation in China - Development of Digital Payments - Transition to Digital Finance - Driving economic development through digital - The Future of Digital Finance in China

Zennon Kapron | Managing Director | Kapronasia

10.00 Financial Inclusion in Asia – Is Digital the Direction? (key regional representatives)

- Financial inclusion challenges in Asia today - The China model – would it work? - Models of digital inclusion - Areas of regional growth - The future of financial inclusion in Asia

10.45 Networking Break

11.15

The Payment Card Reform Framework - Key initiative by Bank Negara Malaysia

• Speed of change and impact on Malaysia’s payment landscape

• Lowering fees to acquirers • Growth in adoption of

contactless and card terminals • In the pipeline

Tan Nyat Chuan, Director of Payment Systems Policy Dept | Bank Negara Malaysia

Paul Brisk | co-Founder | Digital Payments Asia Pacific | KL

e-KYC - Simplifying the identity challenge

- Identity as the ultimate ‘transaction’

- Global path to the ultimate unified solution?

A4 B4 C4

Day 2 - 29 August 2017

Page 6: Celebrating 5 years in Singapore - Global Payment Summit … · 08.00 Welcome Breakfast & Registration 09.00 Welcome by Summit Chairman | Harry Smorenberg 09.10 Keynote Opening by

12.00 Lunch

13.15 Blockchain: the ultimate “cure” or a vague promise in Payments? Analyses and key cases for success

Moderator: David Lee Kuo Chuen | Professor of Fintech and Blockchain at the Singapore University of Social Science

Panelists Boon-Hiong Chan | Director Head of Market Advocacy APAC | Global Transaction Banking | Deutsche Bank Antonio DeLorenzo | Vice President of Partnerships for identitii

13.45 Payments as a Commodity? No Way! Rediscovering the transaction space as a profit center Introduction to debate by Tyrone Canaday | Managing Director | Protiviti | New York City

14.00 Practitioners Debate with banks / near-banks / non-banks

Dr. Srini V. Srinivasan | Founder and Chief Development Officer | Aerospike | SanFrancisco Sam Tanskul | Managing Director , Krungsri Finnovate Co., Ltd. | Bangkok Tyrone Canaday | Managing Director | Protiviti | New York City (Moderator)

Compelling Fintech Showcase - Best Cases in Payments & Transactions

14.30 Fintech Selections 1

MyCashMY Mehedi Hasan  | CEO & Founder | Kuala Lumpur

Fintech Selections 2

Xendit Ikhsan Rahardian | Head of Product | Jakarta

15.00 Fintech Selections 3

CardUp Nicki Ramsay | CEO | Singapore

Fintech Selections 4

Juntos Global Neha Bhatia Ramdas | Global Director of Sales | San Francisco

15.30 Fintech Selections 5 Fintech Selections 6

16.00 Reception - Drinks & Snacks

16.30 End of Program

Day 2 - 29 August 2017

Fintech Selections: If you are interested to speak, please get in touch [email protected]

Page 7: Celebrating 5 years in Singapore - Global Payment Summit … · 08.00 Welcome Breakfast & Registration 09.00 Welcome by Summit Chairman | Harry Smorenberg 09.10 Keynote Opening by

By Pre-Registration Only

GPS will have in parallel with the program two break-out Round Table session. These sessions will be dedicated topic by invitation with limited number of participants. These round tables will be held from 15.00 – 17.00 hrs.

Watch this space for further announcements. Or get in touch with us via [email protected]

ROUND TABLE

Page 8: Celebrating 5 years in Singapore - Global Payment Summit … · 08.00 Welcome Breakfast & Registration 09.00 Welcome by Summit Chairman | Harry Smorenberg 09.10 Keynote Opening by

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 Payment Solutions forward through collaboration, accessibility, personalization, (security)design, communication or any way that may help drive successful outcomes for the end user (customers).  The winner will be announced and recognized at the GlobalPaymentSummit to be held on 28-29 August 2017 in Singapore.

Call for Entries and Nominations Nominate your company to win the award!  There is no fee to enter.  DEADLINE FOR ENTRIES: 30 July 2017.  Enter Here https://www.surveymonkey.com/r/Florin2017   The Process: Upon the deadline of the entries, Florin Awards will select 10 entries that showcase key innovative power for the Asia region. We recognize the innovative power and would like to share this amongst our professionals attending GPS as well as via our large global network of professionals. The 10 selected cases will be communicated and via our “Florin Public Voting” we will honor the top 3 initiatives at GPS 2017.

CALL FOR ENTRIES

Page 9: Celebrating 5 years in Singapore - Global Payment Summit … · 08.00 Welcome Breakfast & Registration 09.00 Welcome by Summit Chairman | Harry Smorenberg 09.10 Keynote Opening by

Harry Smorenberg

CEO of Smorenberg Corporate Consultancy

Keynote 09:15 09:20

Dear Delegate,

As Chairman I'd like to invite you to participate and enjoy our 5th edition of the GlobalPaymentSummit 2017. Apart from the summary of our program, we offer you a detailed program insight. Many key topics will be discussed in great detail in our ‘tracks of choice’, where plenary keynote introductions will deepen your expertise on new strategic directions in the transaction space.

We are very happy to welcome great speakers and thought-leaders from around the world. A great meeting place for senior professionals and practitioners involved in (aspects of) payments, e-commerce, regulatory, security, legal, ICT and marketing.

Please join our 5th edition and experience top quality program, essential networking and steep learning!

Harry Smorenberg Chairman

Introducing the EPS 2017 Program

Keynote

Page 10: Celebrating 5 years in Singapore - Global Payment Summit … · 08.00 Welcome Breakfast & Registration 09.00 Welcome by Summit Chairman | Harry Smorenberg 09.10 Keynote Opening by

Gregory D. Gibb

CEO of Shanghai Lujiazui International Financial Asset Exchange Co., Ltd. | Lufax

Keynote 09:15 09:20

Gregory D. Gibb, Is the CEO of Shanghai Lujiazui International Financial Asset Exchange Co., Ltd. (Lufax) since Dec. 2011. Previously, Mr. Gibb is a director with McKinsey in Greater China and the COO of Taishin Financial Holding in Taiwan, with over 25-year experience in cross-border and domestic financial services operation. He graduated from the Middlebury College with a B.A in East Asian Studies. Mr. Gibb was introduced to the “National 1000-Foreign-Expert Plan” of the Organization Department of the CPC Central Committee in 2012, awarded the “Shanghai Top 10 Financial Innovation Figures of 2012”, and honored the “China Top 10 Leaders of Internet Finance of 2013”, etc. for his unique and widely-recognized insight about innovative financial services. Mr. Gibb is author of the Banking in Asia - The End of Entitlement (Wiley, 1999) and the Banking in Asia - Acquiring a Profit Mindset (Wiley, 2003). Both books introduced bankers’ development opportunities and trump cards in Asia.

Gregory Gibb | CEO | Lufax

Keynote

Page 11: Celebrating 5 years in Singapore - Global Payment Summit … · 08.00 Welcome Breakfast & Registration 09.00 Welcome by Summit Chairman | Harry Smorenberg 09.10 Keynote Opening by

Keynote 09:15 09:20

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 are trying to address? Is it speed, predictability, transparency, traceability or something else? This keynote panel brings together SWIFT, global & regional banks and other industry stakeholders to review the new normal for payments today – maintaining the delicate balance between managing disruption and nurturing innovation.

A New Normal For Payments: Innovation. Disruption.

Keynote

Eddie Haddad

Managing Director Asia Pacific | SWIFT

Chris Humphrey

Executive Director, EU-ASEAN Business Council

Page 12: Celebrating 5 years in Singapore - Global Payment Summit … · 08.00 Welcome Breakfast & Registration 09.00 Welcome by Summit Chairman | Harry Smorenberg 09.10 Keynote Opening by

Ruth Wandhöfer

Global Head of Regulatory & Market Strategy, Citi Transaction Services

Keynote 09:15 09:20

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 acceptance of debit cards easier for all merchants, forcing acquirers to deploy more POS, promoting domestic debit card systems in competition with the international schemes to further drive down the cost of debit card acceptance (again in an attempt to make acceptance ubiquitous), increasing contactless acceptance (because markets such as Australia have demonstrated that contactless increases debit card usage due to cardholder convenience factor). BNM's Payment Card Reform Framework is a good example of this.   Challenges in displacing cash include:

• Strategies for tackling the unbanked; • Strategies for ensuring ubiquitous terminalisation; • Putting in place solutions for realtime P2P payments • Emerging technologies and alternatives to card payments for B2C-

  Whilst some regulators are still thinking in terms of the ‘old world’ 4-party model payment and card infrastructures, the new world is moving into more efficient push transactions via ACH or even leveraging digital currencies and blockchain type solutions.   In Europe we have seen payment legislation pushing for use of efficient ACH push and pull transactions via SEPA to facilitate e-commerce. The arrival of third party providers that provide the payment link between consumer, bank and e-merchant have gained ground. In addition, with the move to real time ACH in Europe (SEPA Instant payments) we are likely to see more efficient direct e-commerce payment capability outside of the traditional card networks.   (continue next page…)

Regulatory Panel “Speed of Change”

Keynote

Makram Amin Bou Nassar

Executive Director and Head of Payment Systems Department | Central Bank of Lebanon

Paul Brisk

Co-founder of Digital Payments Asia-Pacific

Bernard Wee

Executive Director, Financial Markets Development Department | Monetary Authority of Singapore

Tan Nyat Chuan

Director of Payment Systems Policy Dept | Bank Negara Malaysia

Page 13: Celebrating 5 years in Singapore - Global Payment Summit … · 08.00 Welcome Breakfast & Registration 09.00 Welcome by Summit Chairman | Harry Smorenberg 09.10 Keynote Opening by

Ruth Wandhöfer

Global Head of Regulatory & Market Strategy, Citi Transaction Services

Keynote 09:15 09:20

(continued from prev page)

At a global level the emergence of Bitcoin and blockchain is adding a further layer of innovation, which may result in a complete re-wiring of transaction infrastructure over the long run. Central banks, banks, governments and businesses are looking at possibilities of leveraging blockchain and distributed ledger technologies in order to enable efficient, real time solutions that remove back-office complexity and speed up settlement. The roll out of those solutions will significantly depend on the approach of regulators and the global consistency of regulatory measures in this space.   In order to allow regulators, supervisors, banks and FinTechs to understand how innovation can be embedded within the ecosystem, so-called regulatory sandboxes have developed around the world, enabling experimentation and learning. This objective is to avoid developing regulation that stifles innovation whilst at the same time ensuring that new risks are understood and properly tackled by legislation and supervision.

Regulatory Panel “Speed of Change”

Keynote

Makram Amin Bou Nassar

Executive Director and Head of Payment Systems Department | Central Bank of Lebanon

Paul Brisk

Co-founder of Digital Payments Asia-Pacific

Bernard Wee

Executive Director, Financial Markets Development Department | Monetary Authority of Singapore

Tan Nyat Chuan

Director of Payment Systems Policy Dept | Bank Negara Malaysia

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Keynote 09:15 09:20

Call for speakers/ discussion partners

Challenging debate on real next step innovation in transacting.

Fast - Faster - Fastest ... But what does it cost? Within different scenarios, payments services providers are building and implementing ‘real-time’ payment solutions. Big back-office projects at massive costs are being implemented to create this real-time experience. Quite often an experience that will be hardly noticed by customers. The question is why are we massively investing in new infra on top of the traditional banking infrastructure? What are the real benefits and for whom? And how will new blockchain infra (p2p) impact these expensive new vehicles in the longer term?

At GPS we foster the debate and we will create a key panel with different perspectives represented to discuss the state-of-art and the expected developments. We also will review the present implementations and needs in the APAC – region.

We call for experts who would like to share their vision in this panel and review present suppliers of real-time payments solutions and real market demands. It is clear that there is still a lot of work ahead, especially in replicating physical wallets and offering a truly seamless user experience. Ultimately, the focus now should shift to mobile payments in order to build a 100% cashless future across Asia Pacific.    

Real Time Payments - Who really needs it?

A3

Page 15: Celebrating 5 years in Singapore - Global Payment Summit … · 08.00 Welcome Breakfast & Registration 09.00 Welcome by Summit Chairman | Harry Smorenberg 09.10 Keynote Opening by

Quah Mei Lee,

Industry Principle Frost & Sullivan Kuala Lumpur

Keynote 09:15 09:20

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 where consumers are leapfrogging to mobile payments from cash. Getting to 100% cashless will see mobile payments realize its potential as a key enabler of Cashless Societies.

Regulatory push, standardization, the availability of a ubiquitous payments infrastructure and comprehensive solutions as well as local consumer behaviour play a role in determining how fast the transition to 100% cashless is going to be. The top down regulatory push towards cashless societies across Asia Pacific will see the $71.92 billion mobile payments market (excluding China and India) grow exponentially to reach $271.47 billion by 2021. The number of active customers too will double to 130.8 million users.

Although benefiting from regulatory push factor, the initial slow take up is mainly due to the drawbacks of today’s mobile phone as a form factor. This includes lack of user interface and payment flow standardization, the need for additional security features such as tokenization and biometrics authentication, effective resolution of data privacy issues and above all and the fact that it doesn’t replicate the physical wallet. The presence of local proprietary e-wallets built to differing security standards alongside global and open 3rd party e-wallets further add confusion to the market.

Despite current challenges, the market is progressing. Standardization efforts are already underway in some countries and contactless payments facility is growing. However, contactless payments facility is still far from ubiquitous i.e. it has to be available on trolleys, at toilets, for donations to churches, at tourist foreign exchanges and virtually everywhere else. There is also a lack of comprehensive solutions to cater for segments holding on to the use of cash e.g. the poor, the old, people with disabilities, people living in rural areas and short term visitors/tourists, that will complete a transaction that involves payment method, loyalty/rewards, receipts and in some instances identification.    

It is clear that there is still a lot of work ahead, especially in replicating physical wallets and offering a truly seamless user experience. Ultimately, the focus now should shift to mobile payments in order to build a 100% cashless future across Asia Pacific.    

‘Going Cashless’ as catalyst for APAC Mobile Payments Market

A3

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Keynote 09:15 09:20

Join Quah Mei Lee to gain her insights on the latest developments alongside key issues plaguing Asia Pacific. Together with an expert panel, she will then debate these issues & questions.

1. What would be the ideal mobile payment solution? • Current focus has been to leave it to market forces to

determine which solutions will prevail • Is the confusion created by multiple solutions in the market

holding back the demand for mobile payments? • Why aren’t solutions providers offering seamless

comprehensive solutions? • Will transforming the mobile phone into a physical wallet

increase take up of mobile payments?  

2. What direction should standardization of mobile payments take? • Current focus is on payment flow and acceptance of all

payment methods at merchant site • Should it include guidelines on minimum security and

handling of data privacy issues? • Should it mandate seamless comprehensive solutions that

will replace the physical wallet while leaving room for competition in innovation within this broad scope?

3. What would be the final combination of efforts from industry (regulator, solution providers, merchants) that will make mobile payments go mainstream in Asia Pacific?

• Current focus by governments has been on pushing options that increase cashless transactions. In addition to this,

• Australia is looking into removal of higher value currency notes i.e. $50 and $100, but while this will help push mobile payments that is capped below $100, there are indications from India that people may revert back to use of cash and behavior switches are temporal.

• Singapore is funding cashless payment acceptance at small merchants (hawker centres). While this will take time to complete, take up is still slow elsewhere despite wide acceptance via NETS

• Malaysian tolls are going 100% cashless through use of a single payment method.

• What steps are necessary to increase take up and encourage use of mobile payment facilities?

• Should the regulator mandate use of mobile payments? • Should the regulator mandate or encourage via incentives

true ubiquitous acceptance in order to get to 100% cashless?

‘Going Cashless’ as catalyst for APAC Mobile Payments Market

A3

Quah Mei Lee,

Industry Principle Frost & Sullivan Kuala Lumpur

Page 17: Celebrating 5 years in Singapore - Global Payment Summit … · 08.00 Welcome Breakfast & Registration 09.00 Welcome by Summit Chairman | Harry Smorenberg 09.10 Keynote Opening by

Keynote 09:15 09:20

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. 

Dr Srini, founder and CDO at Aerospike (San Francisco) shares at this indepth track on fraud prevention on:

- Why is Real-time detection of Fraud and Risk Management critical in Payment Systems? 

- How to execute Real-time decisioning (within 200-500 milliseconds) in payment systems

- Hybrid Memory Architecture and specific use cases

Here’s an excellent paper on this topic you can download: Digital Payments Fraud White Paper by Aerospike.

http://globalpaymentsummit.com/milliseconds-real-time-decisions-disrupting-fraud-management/

Detecting Fraud, Managing Risk and Making Real-time decisions in Payment Systems

C1

Dr. Srini V. Srinivasan

Founder and Chief Development Officer | Aerospike | SanFrancisco

Page 18: Celebrating 5 years in Singapore - Global Payment Summit … · 08.00 Welcome Breakfast & Registration 09.00 Welcome by Summit Chairman | Harry Smorenberg 09.10 Keynote Opening by

Keynote 09:15 09:20

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 continues to attract a lot of foreign investment and new entrants.  But it is brimming with innovative new local initiatives and players too.  Budi looks to discuss:

Next step regulatory drivers for Fintech and (international) payment services providers Top domestic Innovation cases: Go-Jek - the Indonesia success and example for APAC New mobile 'experience banking' platforms The need for domestic alignments Speeding up the reach to the unbanked: Payments as catalyst

On Indonesia’s Payment Innovations

C2

Budi Gandasoebrata

COO -Midtrans & Vice Chairman - Payment Systems Fintech Indonesia | Jakarta

Achmad Nusjirwan Sugondo

EVP at Bank Tabungan Pensiunan Nasional | Jakarta

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Zennon Kapron

Managing Director, Kapronasia | Shanghai

Keynote 09:15 09:20

CHINA & DIGITAL FINANCE – HOW 1.4 BILLION PEOPLE PAY, SHOP, AND SAVE

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 lives and has significant ramifications for the financial industry.

During this informative 45min engaging panel, Zennon Kapron from Kapronasia, will moderate a panel of China experts who will walk the audience through some of the more innovative products and services and discuss their impact on the financial industry in addition to how these platforms are gradually being taken international.

Here’re some of the payment options and gateways in China. At GPS, we discuss their impact and how they are moving out of China and into the region and other continents!

China: A day in the life - How Digital Finance the way that 1.4 billion people pay, shop, and save  

B3

Page 20: Celebrating 5 years in Singapore - Global Payment Summit … · 08.00 Welcome Breakfast & Registration 09.00 Welcome by Summit Chairman | Harry Smorenberg 09.10 Keynote Opening by

Keynote 09:15 09:20

Keynote by Jason Thomas | Head of GrabPay

Check out one of the pictures from report: Alipay being used at a wet market shop in China. Now customers can pay electronically buying eggs!

Page 21: Celebrating 5 years in Singapore - Global Payment Summit … · 08.00 Welcome Breakfast & Registration 09.00 Welcome by Summit Chairman | Harry Smorenberg 09.10 Keynote Opening by

Keynote 09:15 09:20

Alipay and WeChat Pay are likely best known for their impact on digital payments, e-commerce and increasingly retail payments, but they are playing a critical role in transforming China’s hinterland and driving economic development and empowerment. During this engaging session, Zennon Kapron, one of the authors of the “Social Networks, e-Commerce Platforms, and the Growth of Digital Payment Ecosystems in China” paper, published by Better Than Cash Alliance, part of the United Nations Capital Development Fund, will discuss the key findings of the report and look at the key lessons for Asia’s other markets. Key Points to be covered: · The macro-economic situation in China · Development of Digital Payments · Transition to Digital Finance · Driving economic development through digital · The Future of Digital Finance in China

Lessons from Social Payments in China: How digital platforms are driving financial inclusions and economic empowerment in China, and lessons for other markets

Keynote

Check out one of the pictures from report: Alipay being used at a wet market shop in China. Now customers can pay electronically buying eggs!

Zennon Kapron

Managing Director, Kapronasia | Shanghai

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Keynote 09:15 09:20

Although over 70% of China’s population is banked, the country still has work to do to push financial inclusion and economic empowerment. Some of the key players in China’s journey towards financial inclusion have been China’s third party payment players including Ant Financial and Tencent. Through digital platforms, these players have given millions of Chinese individuals and SMEs access to financial products and services they might not otherwise have. This has brought many companies and individuals into the economic fold. But is China just a special case or could the lessons from China be applied across the rest of Asia? Where are the opportunities for financial inclusion in Asia? During this informative panel, experts from across the financial industry will discuss these questions and more as they explore the implications of digital finance for financial inclusion and economic empowerment Key Points to be covered: • Financial inclusion challenges in Asia today • The China model – would it work? • Models of digital inclusion • Areas of regional growth • The future of financial inclusion in Asia

KeynoteFinancial Inclusion in Asia – Is Digital the Direction?

Zennon Kapron

Managing Director, Kapronasia | Shanghai

Lotte Schou Zibell

Technical Advisor ADB | Manila

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Keynote 09:15 09:20

Call - Subject Experts on eKYC

We are working hard to bring about the best program possible for global professional in the payment/transaction space. "Identity" is "the mother of all tranactions" and therefore KYC the key step to transaction initiation. Simplicity and security is key. In an 'e-World' we like to discuss and illustrate next step developments in KYC to optimize to process and speed up transactions next to customer user friendliness. We would like to call for experts with innovative propositions on this topic and host a panel of expert discussing the (near) future scenarios. Interested to have a go? Email us at [email protected] 

B4

Page 24: Celebrating 5 years in Singapore - Global Payment Summit … · 08.00 Welcome Breakfast & Registration 09.00 Welcome by Summit Chairman | Harry Smorenberg 09.10 Keynote Opening by

Boon-Hiong Chan

Director |Head of Market Advocacy, APAC Global Transaction Banking Deutsche Bank AG Singapore

Keynote 09:15 09:20

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 it a religion?

• Are there realistic and pragmatic first move cases on how blockchain technology can reshape transaction space?

Read HBR "The Truth About Blockchain” https://hbr.org/2017/01/the-truth-about-blockchain

Blockchain: the ultimate “cure” or a vague promise in Payments?

Keynote

Antonio DeLorenzo

Vice President of Partnerships for identitii

David Lee Kuo Chuen

Professor of Fintech and Blockchain at the Singapore University of Social Science

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Ikhsan Rahardian

Head of Product | Xendit | Jakarta

Keynote 09:15 09:20

At GPS 2017, we are excited to showcase some of the best fintech in payment solutions!  We will select the best from around the region and feature 6 of them.  Don't miss this - check out our first 3 selections from Indonesia, Malaysia and Singapore!

The most compelling cases in payments and transactions

Fintech Selections

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.

Nicki Ramsay 

CEO | CardUp | Singapore 

Big payments, made rewarding  CardUp enables you to make single or recurring payments online using one or more of your favourite credit cards, in places where you couldn't previously use your card. These include property related payments such as rent and property deposits, MCST payments, insurance premium payments and school/education fees, among others. 

Mehedi Hasan

CEO & Founder | MyCash Online | Kuala Lumpur 

e-Marketplace for Migrants   MyCash Online is an e-Marketplace specially designed for massive pools of Migrants in Malaysia & Singapore. MyCash Online is offering easy, secure and convenient online services to the foreign workers, who do not have access to online banking or credit cards. With years of experience of working for migrants, we take pride in providing quality & convenient online services 24X7. 

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The most compelling cases in payments and transactions

Fintech Selections