Money20/20, the main fintech present, concluded three days of fintech conversations, networking and business nights from 23 to 25 April in Bangkok, Thailand – and is now sharing a few of its favorite highlights.
The Money20/20 Asia present welcomed over 3000 attendees, who traveled from 87 international locations together with 24 international locations in APAC. Over 250 audio system from throughout Asia shared 4 unimaginable phases. Money20/20 additionally took range significantly on its phases – 45 per cent of audio system had been feminine executives and fintech leaders.
Tracey Davies, world president of Money20/20, shared her ideas on the newest present: “Seeing movers and shakers from banks, funds corporations, VC corporations, start-ups, regulators and media platforms coming collectively at our present in Bangkok was vastly thrilling.
“The conversations, offers and world bulletins we witnessed on the present demonstrated simply how necessary Asia is to our business as a driver of worldwide development and I can’t wait to see what this unimaginable ecosystem will assist us construct in Bangkok in 2025.”
Unsurprisingly, AI, cross-border funds, open banking, digital belongings, CBDCs, in addition to monetary inclusion had been scorching matters on stage at Money20/20 Asia.
KASIKORNBANK, a Thailand-based industrial financial institution, introduced a brand new partnership with J.P. Morgan at Money20/20 Asia’s press lunch on 23 April. The joint initiative Challenge Carina leverages decentralised blockchain and Web3 applied sciences to remodel cross-border funds that considerably scale back processing time from 72 hours to simply 5 minutes.
Listening in to Money20/20 Asia
Key regulators of APAC additionally held a central position within the discussions on our phases. 20 of our 189 classes included Asia regulators or included fintechs and monetary establishments addressing the most recent traits and the impression of regulatory tech.
In a session led by Dr Wong of SC Malaysia, Malaysia’s fintech journey within the capital markets was explored. The main focus was on fostering innovation whereas guaranteeing investor safety.
“Malaysia is open for enterprise,” Wong defined. “Our fourteen ideas are the spotlight of our strategy to innovation in Malaysia. Proper from its inception, we’ve embraced a collaborative ethos, recognising the facility of synergy between residents, the state, and business gamers. Our dedication extends past mere technological development; it’s about leveraging expertise to fulfil our function, whether or not it’s democratising entry to finance or advancing societal objectives.”
Later, Justin Lie, founder and CEO of SHIELD, emphasised the significance of the belief ingredient and multilateral collaboration in tackling fraud within the digital age within the session Belief Tech, Empower Lives: Redefining Monetary Inclusion within the AI Age.
“Whereas we’ve been engaged in combating fraud for over 15 years, every day revealing the efficiency of belief as an important part, it took us this lengthy to recognise that our mission extends past mere fraud prevention. For B2B enterprises, we function catalysts, uniting business leaders beneath a shared goal of combating fraud. This realisation prompted the inception of the Belief Summit,” Lie stated.
