Because the fintech panorama continues to evolve quickly, Money20/20 Asia 2024, held in Bangkok from 23 to 25 April, stands out as a pivotal occasion for {industry} professionals.
This 12 months’s convention guarantees a wealth of information with over 50 hours of discussions, interactive classes, and real-world case research centered on Asian fintech innovation and development.
With a lineup of over 120 audio system from prestigious organizations corresponding to J.P. Morgan, Kasikorn-Line, IBM, Hong Kong Financial Authority, and Google Cloud, attendees at Money20/20 Asia are in for an insightful expertise.
#1 Financial institution of Thailand: Reworking Asian Fintech with Open Finance and Collaboration
Money20/20 Asia will kick off with a notable keynote presentation by Daranee Saeju, Assistant Governor on the Financial institution of Thailand, the main focus might be on the financial institution’s revolutionary efforts in digital finance.
The session will make clear the regulator’s drive in direction of innovation, transparency, and collaboration, highlighting initiatives like mBridge for cross-border CBDC funds and the profitable real-time funds between PromptPay in Thailand and PayNow in Singapore.
By this fee linkage launched in December 2023, people will pay for items and providers by scanning the Hong Kong FPS QR code or the Thai PromptPay QR Code at taking part retailers.
The Assistant Governor will even share particulars on the latest launch of PromptBiz which goals to facilitate digital commerce and funds for companies.
#2 Unmasking Fintech’s Hidden Enemy: AI vs. Digital Fraud
Pavel Goldman-Kalaydin, Head of Synthetic Intelligence and Machine Studying at regtech agency Sumsub, will delve into the rising menace of digital fraud within the fintech house.
Singapore witnessed a staggering 33% rise in deepfakes in Q2 2023, highlighting a world escalation of this menace.
This Pecha Kucha session goals to disclose how AI instruments will help fight refined fraud techniques past preliminary buyer onboarding, emphasising the significance of ongoing vigilance within the combat towards fraud.
#3 Programmable Cash: Advancing Monetary Inclusion or Creating Walled Gardens, Powered by J.P. Morgan
In a compelling hearth chat, Akshika Gupta, World Head of Consumer Options at J.P. Morgan Coin Methods, and Zachary Anderson Pettet, Content material Director for the USA at Money20/20, will interact in a deep dive into the burgeoning realm of programmable cash.
As we transition into the digital period of cash motion, programmable cash emerges as a transformative drive within the monetary {industry}, particularly inside rising economies.
Nevertheless, this innovation isn’t with out its challenges and alternatives. The dialogue will cowl key facets such because the influence on cross-border funds, liquidity funding wants, and the broader implications for monetary inclusion and the worldwide motion of cash.
This session is a chance to realize helpful insights into the way forward for cash and perceive the strategic issues behind the adoption of blockchain and programmable currencies in driving development and innovation within the monetary sector.
#4 BaaS to the Future: How Banking-as-a-Service Is Shaping the Way forward for Finance
A panel that includes Kelvin Tan, CEO of audax; Aman Narain, Head of World Platforms at HSBC; Jeff Tijssen, Professional Companion and World Head of Fintech at Bain & Firm; and Alan Lin, APAC Head of Funds & Commerce Options at J.P. Morgan Funds, will talk about the influence of Banking-as-a-Service on the finance {industry}.
audax, a spin-off from SC Ventures—the innovation, fintech funding, and ventures arm of Normal Chartered—affords digital banking and Banking-as-a-Service options. It has partnered with the likes of Thought Machine, a cloud-native banking know-how firm, to reinforce its choices.
Equally, HSBC has collaborated with Oracle NetSuite, enabling clients to design and supply enterprise banking providers on their platforms.
Enriched by the sensible insights of its panelists, this session will discover how this mannequin is remodeling product manufacturing and distribution, highlighting the 7 trillion-dollar alternative it presents.
#5 Embedded Finance – The Revolution taking on Asia Pacific
Rob Schimek, Group Chief Government Officer of bolttech, will take part in a panel to debate the continued Embedded Finance Revolution within the Asia Pacific.
Being billed as one of many main embedded insurance coverage suppliers, bolttech’s B2B2C mannequin connects 700 distribution companions with greater than 230 insurance coverage suppliers and affords in extra of 6,000 product variations.
Given the US$246 million Sequence B funding spherical that bolttech had raised final 12 months, it’s protected to say that embedded finance remains to be booming.
This session will cowl the technological, regulatory, and industry-specific facets of embedded finance, offering insights into its integration into day by day experiences.
#6 Digital-Solely Banks and Monetary Inclusion: The Secret Sauce for a Profitable Enterprise Mannequin
Simon Beitz, Founder and CEO of Alex Financial institution, will be part of a panel to look at how digital-only banks are contributing to monetary inclusion within the APAC area.
Within the APAC area alone, there are 11 worthwhile digital banks out of 13, marking this as a thriving house.
These banks are flourishing amidst current ecosystems, a buyer base inclined in direction of digital adoption, and enterprise fashions tailor-made to the distinctive calls for of their markets.
This panel unpacks why some areas hesitate and even resist embracing this game-changer for monetary inclusion.
Be a part of {industry} leaders from pioneering APAC banks and tech giants as they dissect the success formulation, discover the symbiosis between digital banking and inclusivity, and unlock the secrets and techniques behind APAC’s reign.
The session guarantees to have attendees stroll away with the recipe for fulfillment, because it unravels regional components whereas inspecting the long run for the underbanked.
#7 CBDCs – The New Frontier of Cash?
A panel together with Bénédicte Nolens, Head of Hong Kong Centre at BIS Innovation Hub; Julia Demidova, Head of CBDC & Digital Currencies Product and Technique at FIS World; Makoto Takemiya, Co-Founder & Group CEO of Soramitsu Holdings Ag; and Deborah Tan-Pink, SVP of Advertising and marketing and Communications at Sygnum, will delve into the event and implementation of Central Financial institution Digital Currencies (CBDCs).
This session is not going to solely discover the challenges, alternatives, and future potential of CBDCs in remodeling cash motion but additionally goals to demystify the hype surrounding cryptocurrencies. The panelists will present actionable methods to navigate the ever-evolving fintech panorama, emphasizing the numerous function CBDCs are anticipated to play within the close to future.
Backed by groundbreaking analysis from FIS World, which predicts that CBDCs will account for 20% of complete fee values by 2030, this dialogue will spotlight the thrilling challenges and alternatives this new frontier presents.
Attendees will acquire unparalleled insights into the most recent milestones and learnings from CBDC tasks throughout Asia. The session will uncover potential profitable designs and use instances, enabling members to check the transformative future of cash motion with CBDCs.
#8 A Path to Sustainable Profitability: From E-Pockets to Digital Financial institution
Sheyantha Abeykoon, Group CEO of Enhance, will current a session specializing in the e-wallet’s transition to a digital financial institution, discussing methods for attaining sustainable profitability within the fintech sector.
Enhance and its consortium associate, RHB Banking Group, have obtained official approval from the Malaysian central financial institution and the Ministry of Finance to begin operations as a digital financial institution this 12 months. The newly established Enhance Financial institution is ready to maneuver into an alpha-testing part earlier than its public launch.
This session guarantees to supply helpful insights into the journey from a digital fee answer to a full-fledged banking entity, highlighting the revolutionary approaches to overcoming challenges and capitalizing on alternatives inside the digital banking panorama.
#9 Inclusive Digital Monetary Infrastructure: Unlocking the Grassroots Economic system
Lito Villanueva, Government Vice President & Chief Improvements & Inclusion Officer at Rizal Business Banking Company (RCBC), and Andi Taufan Garuda Putra, Founder & CEO of Amartha, will talk about the function of digital monetary infrastructure in selling inclusivity and unlocking financial potential on the grassroots stage.
This insightful session is poised to discover how revolutionary digital options can bridge the hole between monetary providers and underserved communities, thereby fostering a extra inclusive financial panorama.
#10 Navigating Capital Outflows: Are VCs Nonetheless Related?
Pranav Sharma, Founding Companion of Woodstock Fund, together with Sheryl Chen, Content material Head for Asia at Money20/20, will discover the evolving function of Enterprise Capitalists within the present monetary panorama, assessing their influence on innovation and stability within the face of financial uncertainties.
This session explores the enduring relevance of Enterprise Capitalists (VCs) as beacons for innovation within the unpredictable realm of capital outflows.
Attendees will acquire important insights and strategic instruments for startups and traders searching for stability within the ever-changing surroundings.
This session goals to offer a complete evaluation of how Enterprise Capitalists proceed to affect the trajectory of startups and established corporations alike, amidst fluctuating market circumstances.
These matters signify only a glimpse of the excellent agenda at Money20/20 Asia 2024, promising attendees not solely a deep dive into the present state of fintech but additionally a glance forward on the tendencies shaping the way forward for finance within the area.
Discover out extra concerning the Money20/20 Asia occasion right here. Fintech Information Community readers are entitled to a particular low cost of US$300 off the ticket costs with the promo code ‘FNN300’. Register right here.
