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                                                                                                        January 2022

Welcome to 2022: a sure-to-be important year of payments. 

Also, a quick welcome to me. My name is Nikesh Lalchandani and I am the new Head of Policy for the Emerging Payments Association Asia. I am taking part of John Ryan’s role as he steps back and focuses on his business, though he remains a strong part of the EPAA family.  My background is a lifetime of payments, including roles across Asia but mostly focused in Australia around the big four.  I have authored a book on banking, payments and cryptocurrency. 

So, as we discussed in our Outlook of the Year event last week, many of us see this year as important for payments and an active one for EPAA. First this is the year, hopefully, we come out of the cloud of the pandemic. The pandemic is affecting so many of us in different ways: working from home, shopping online. In payments we are seeing a quantum shift away from cash and towards innovative electronic methods to pay at points of sale, with buy-now-pay-later the tip of the iceberg. Almost every central bank is examining CBDCs, last month we saw a favourable US central bank opinion. The regulatory approach to cryptocurrency is maturing, as we saw repeated this week in India’s budget. Cross-border payment efficiency is reaching a tipping point. As we go through the year, we plan on focussing our efforts on these topics, open data, digital identity and others that emerge. 

A thank you to all our members for their energy, I am encouraged by the level of interest, depth and capability of our members in responding to the opportunity to shape policy in the best interests of the community. 

Finally, I’m happy to announce this year’s Sage of the Year for 2021 – Andy White. At the start of 2021 he predicted the rise of Digital Identity and the increased regulatory attention on CBDC’s. To see the predictions for 2022, make sure to check out the Outlook of the Year video here. 

Future Events

Register to get yourself more involved in payments.




Open Data and APAC 

Hot Topic Briefing 




APAC Fintech Payments Forum 

Hot Topic Briefing 




7th Global Payments Forum


                        Quote of the Month with Katie Mitchell,
                                 Global Head of Public Policy - Nium

                                An arena to create thought leadership - 

   Co-Created EPA Asia Event for the APAC Payments Industry 

Did you know that as a member, you have an opportunity to co-create and host events together with EPAA? 

20% of the events we are hosting are on co-created topics that stand alone from the work that is ongoing in projects and workgroups. This is how we provide a broad agenda that covers cutting edge topics outside our focused agenda. 

Together with a member, we co-create the framework of the discussion together, we decide on the profile of speakers and the attendee's list. EPAA then makes it happen - we fill the table with the most influential leaders involved in payments to move the discussion on the selected topics. 


Our round tables are an opportunity to tell stories, use real-world examples, and draw on lived experiences to make a topic come alive to authentically connect with peers on a deeper level.  This is your opportunity to tell your unique and compelling perspective that can challenge industry norms. 


For more information, contact  

Past Events

Press "Read More" to check our past event recordings, articles and related materials. 



The Balance Between Regulatory Compliance and Risk 

Hot Topic Briefing 



Payments Meets Blockchain

Hot Topic Briefing



4th IIF - EPA Global Payments Forum 




FUSE - David Birch- Cryptocurrency




5th IIF - EPA Global Payments Forum




We Have To Change The World's Perception Of Cybersecurity

Hot Topic Briefing



Digital Identity – An Operational Framework for the Asia Pacific Whitepaper Launch 




DLT and Payments 

Hot Topic Briefing



Powering Cross-Border Payments Through A Modular Approach

Hot Topic Briefing



6th IIF-EPA Global Payments Forum  




Hot Topic Briefing: Outlook of the Year

Hot Topic Briefing 

The best way for members to impact the work at EPAA is to join one of our Project Working Groups. For more information on the themes being examined and what is involved in each Working Group, please click here.

Now the question for you is how do you want to get involved? What will your new year's resolutions in payments look like? To join a Working Group, please contact




Working Group Members are: 

Brad Pragnell (Ambassador) 

Zennon Kapron (Ambassador) 

Antony Morris (Ambassador) 

Sean Peterson (Amex) 

Simone Joyce (PaypaPlane) 

Holly Dorber (PayPal) 

John Byrne (Corlytics) 

Mike O'Keeffe (Corlytics) 

Anurag Vasisth (Ambassador) 

Steven Chan (PayPal) 

Amrita V Nair (PayPal) 

Sarah Wood (Amex) 

Mailu Mizumoto (eBay) 

David Brown (Finastra) 

Desmond Lim Ching Hau (eBay) 

Richard Lomas (citi) 

Daryn Griggs (episode 6) 

Nilixa Devlukia (Ambassador) 

Alex Konashevych (Baxe) 

Aaron Soh (Novatti) 

Ben Tabell (eftpos) 

Katie Michell (Nium) 

Shu Min Cheong (Nium) 

Carrie Suen (Ant Group) 

Adam Caines (EY) 

May Lam (EY) 

Tara Tubman (BPC) 

Jocelyn Poh (Ekata) 

Nikesh Lalchandani (Director of Policy, EPAA) 

For more information regarding EPAA Project Regulations 

To join the EPAA Project Regulations Working Group 




  • The 7th Global Payments Forum will be held on 1 March 2022. The theme is: Faster Cross-Border Payments - Where do we need the speed? Is RTGS 24/7 the answer? Register Here 

  • The 6th IIF-EPA Global Payments Forum was held on Thursday, December 9th. The meeting focused on cloud in cross-border payments. It reflected on how cloud and cloud-enabled technologies can assist in solving for the challenges of cross-border payments, including by catering to financial inclusion and SME support imperatives. Briefing Note 

  • The 5th IIF – EPA Global Payments Forum was held on 27 October, focusing on Digital Identity.  The discussion was on "How Digital Identity is assisting in the last mile of Cross-border payments". Briefing Note 

  • Transparency in Banking Payments Workshop is WIP.  


  • The next Forum is scheduled for 22 Feb 2022 and will focus on “The Different Dimensions of Access to Licensing & Regulation, Banking, Infrastructure (Payment Rails &Real Time Payments), and Customers (Data & Channels to Market)” Register Here 

  • The first APAC Fintech Payments Forum was held on 4 August. Nigel Lee moderated a robust opening session, followed by breakout rooms where a number of relevant topics were discussed. Summary report here.  



  • GUEST SPEAKER: Pedro Mullor from Swift will be presenting at the Cross-Border Working Group Meeting on 9 February at 17:00 (AEST). All members are invited to attend. For access to the meeting, please email 

Working Group Members are:

Fannette Hsin (EPAA Ambassador/Project Director) 

Amrita V Nair (PayPal – Project Sponsor) 

Dr. Brad Pragnell (EPAA Ambassador) 

Melissa Keir (Marqeta) 

Kenneth Leung (SWIFT) 

Laura Hu (EBAY) 

Mishal Ruparel (Banking Circle) 

Steven Chan (PayPal) 

Tom Alaerts (Swift) 

Stephen Peters (FIS) 

Katie Mitchell (Nium) 


Mailu Mizumoto(EBAY)

David Brown (Finastra) 

Tara Tubman (BPC) 

Shu Min Cheong (Nium) 

Alex Konashevych (Baxe) 

Peter Agnew (Novatti) 

Ben Tabell (eftpos) 

Lucky Bimolaksono (Amex) 

Adam Caines (EY) 

May Lam (EY) 

Julie Bolan (Swift) 

Carrie Suen (Ant Group) 

Nikesh Lalchandani (Director of Policy, EPAA) 


For more information regarding EPAA Project Cross Border Payments 

To join the EPAA Project Cross Border Payments 



We are ready to launch the new Open Data project in 2022.  This project has an ambitious target to influence the Finance and Economic ministers of APEC, in Thailand, November 2022. 


EPAA is hosting an Open Data Workshop in collaboration with Asia-Pacific Financial Forum and ASEAN Bankers Association on 14 February. In this workshop, we are bringing together the full value chain related to Open Data and payments in APAC to discuss how to progress Open Data in the region to benefit all stakeholders and to strengthen the industry. EPAA will present the learnings from the workshop to ABAC on 17 Feb. 


The key to success on this project will be: 

  • Industry collaboration with global fintechs, via the APAC Fintech Payments Forum. 

  • Industry partnership with APEC, ABAC, and ASEAN Bankers Association. 

  • Industry workshop at ABAC #1, (the first in person workshop for ABAC & EPA in 2 years) 

  • Hot Topic Briefing  

  • Monthly Working Group to discuss and plan 

  • APEC workshop in Thailand in Q4 2022. 


The EPA Director General Policy will be joined by Nilixa Devlukia, ex UK regulator, and open data & digital currency expert. 


The time commitment required will be monthly meetings during 2022, which may be dialled up as required. 


The benefits of this a project: 

  • Helping to move forward a better environment and solution for open data in APAC. 

  • Getting access to regional regulators. 

  • Collaboration with industry peers and fintech firms. 

  • Part-taking in the industry events and building profile 


To join the EPAA Project Open Data   

To learn what is involved when sponsoring this project please email 




Working Group Members are:  

Rajiv Madane (Project Director, DigiCal Consultancy) 

Richard Lomas (Citi) 

CK Leo (FICO) 

Ian Sorbello  (Transmit Security)  

Desmond Lim Ching Hau (Ebay) 

Mailu Mizumoto (EBay) 

Sherman Lin (Ekata) 

Jocelyn Poh (Ekata) 

Nikesh Lalchandani (Director of Policy, EPAA) 

For more information regarding EPAA Project Digital Identity 

To join the EPAA Project Project Digital Identity   


Members News

BAXE partners with IDEMIA and Haventec to launch the world’s first DeFi ecosystem secured by facial authentication


Electronic Funds Transfer Point of Sale (EFTPOS) Terminals Market Size 2022, Trends, Share, Revenue Analysis by Manufactures, Latest Product Launches, Demand, Regional Opportunities Forecast 2027


Finastra extends collaboration with National Bank of Greece for ISO 20022 migration


Kani Payments: Helping Fintechs Scale Up for An Even More Successful Year in 2022


Who will win the battle for the next digital 


Mambu raises €235 million at €4.9 billion 

valuation in EQT Growth-led Series E


Akamai Technologies, Inc. Earns Top Marks In Human Rights Campaign’s 2022 Corporate Equality Index


Akamai Research Reveals Extensive Global Piracy Demand, Industry and Regional Trends


Marqeta Announces Sunaina Lobo as Chief Human Resources Officer


Marqeta Expands Global Footprint With New Certifications for Singapore, Philippines, and Thailand


Marqeta to Announce Fourth Quarter and Full Year 2021 Results on March 9, 2022



What's On The Horizon...

General Payments:
Blockchain and Payments:
Cross Border Payments:
Digital Identity:
Financial Inclusion:
Open Data:
Real Time Payments:
Sustainable /Green Fintech