What to expect at the 3rd GLOBAL Payment Summit in Singapore

Find out which are the hot topics.

In two weeks’ time, speakers from global institutions like the Asian Development Bank, Bill & Melinda Gates Foundation, World Bank CGAP, USAID, as well as Monetary Authority of Singapore, Hong Kong Monetary Authority will gather for the 3rd GLOBAL Payment Summit in Singapore.

Next to in depth streams on Disruptive Innovation in Payments, Scheme & Regulatory developments, this year, the summit will also feature special tracks on Financial Inclusion. Professor David Lee from SMU will lead a panel with leading bankers from OCBC and Standard Chartered on impact investing - financial inclusion beyond the traditional CSR objectives for corporates. Top regional bankers from LandBank (Philippines) and Bank Mandiri (Indonesia) will share insights on large G2P (government to people) cash transfers.

Apart from financial inclusion, GLOBAL Payment Summit is will focus on payment developments in the areas of cards, mobile, and new instant payment infrastructure. New technologies will impact the payment / transaction space with new services, new combinations at lower cost.

Bitcoins opened the eyes of many where the existing gatekeepers raised many questions, afraid for the unknown and uncontrolled new market movements. But the various developments of “Bitcoins” is just one face of the underlying potential of “Blockchain technology”! Blockchain is well positioned to change the entire transaction landscape dramatically.

On the second day of the conference, founders of Fintech Hubs from Holland, Singapore, Hong Kong will share the latest initiatives in payments. As seen with the recent announcement and focus driven by MAS, Fintech start-ups and developments represent a dynamic change in how financial services industry will be shaped in the future. Delegates at the GLOBAL Payment Summit will also have an opportunity to sit through pitches by ‘Fintechs in Payments’ from around the region.

At Global Payment Summit we focus on disruptive innovations in the transaction space. Our program offers a ‘for-by professionals' platform, addressing key developments and exchanging relevant expertise amongst peers, globally. (www.globalpaymentsummit.com)

For more information, please email joyce@transactives.com

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