Redesigning and building a new common financial services infrastructure
Wednesday 14 October 2020 / 3pm SGT
APC offers a one-hour key briefing & webinar with top global experts in the field. The session will allow for live Q&A (via chat) and can also be downloaded from our library services afterwards. Given the professional level of this session we only allow a limited number of participants.
> Real-time Payment Systems – EU/APAC: key developments shared
> Next level infra choices: status quo in Japan vs rest of the world (case)
> Moving beyond payments: it is all about data!
Modern real-time, connected digital services require a flexible, accessible, instant payment backbone. Europe is now rolling out “Instant payments” allowing anyone to be paid within seconds around the clock every day and moment of the year. UK has also opened up its backbone so that licensed third parties – not only banks – can access the backend payment infrastructure directly. We also see an increasing focus on Cloud and APIs.
Japan has had a real-time payments system for decades – and has led the world on this. However, it is time for this to be modernized and opened to competition. A modern payment backbone must allow 365*24*7 instant payments, API access to accounts, cloud-based services, have a neutral, open and inclusive governance. The Japanese FSA has thus proposed to change the payment service act to reflect this and the new JFTC report addresses the issues surrounding the competitive policy regarding financial services and fintech.
Japan, and more nations, are actively discussing next generation blue-prints. Globally, stakeholders can learn from best-practices and new ideas, as infrastructures need to connect and align more and more as the global transaction space is becoming more transparent, real-time and accessible.
Key topics for discussion during this Webinar are amongst others:
• The importance of infrastructure
• Global developments
• Cloud, API, Instant, neutral access, fraud
• Position of Japan vs rest of world
Member of the Board, Future Corporation Head, Future Institute of Research, Tokyo
Managing Director, Payments & Trade,
Asia Pacific, SWIFT, Singapore
Executive Advisor, equensWorldline, Frankfurt
Director, Payment Products & Global Head of Low Value Domestic Payments, Global Liquidity and Cash Management (GLCM), HSBC
Who is attending the webinar? Check out who you will meet at the webinar.
VP Commercial APAC
head of legal & compliance
Financial Sector Coordinator
Regional Head of Payments, GLCM Asia
Digital Products & Partnerships
Director – Innovation
Senior Vice President – Asia & ME region
Risk & Fraud Lead
Regional Business Development Director
|National Institute of Informatics||Japan|
|iFast Corporation Ltd||United States of America|
|CMA Small Systems AB||Singapore|
|pcl||Hong Kong SAR|
|HSBC||Hong Kong SAR|
|Feeney Ventures||United Kingdom|
|American Express||United Kingdom|
|Atsumi & Sakai||United Kingdom|
|e-payment Solution Inc.||Singapore|
|Dutch Payments Association||Netherlands|
|Bank Negara Malaysia||Malaysia|
|peter davey and associates limited||United Kingdom|
|Inception Technology Co. Ltd||Thailand|
|Philippine Payments Management Inc. ( PPMI )||Philippines|