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                                                                           April 2022

We are still buzzing from our first in-person event for 2022. Hosted in Sydney by Benefactor Member EY, the event “Reimagining Payments” started with two roundtables, run concurrently. The first was on “The Future of Merchant Acquiring”, which was backed by Benefactor member Ingenico who shared their global expertise and insights on this topic alongside FIS and CBA. The second roundtable “The Future of Account to Account Payments”, we turned to new member EonX for thought leadership. After a brief refreshment break, the roundtable participants were joined by over 60 passionate payments people for a fireside chat, where the ideas and themes of the two roundtables were discussed. It was fantastic to get in the room with so many of our members! Keep an eye out for the summary reports from the roundtables which will be available soon. In the meantime, here are just a few photos from the event – make sure you don’t miss out next time! 

Future Events

Register to get yourself more involved in payments.

   18 &     19

  May 

Seamless Australia

Summit

   19 &     20

  May 

13th Edition BFSI IT Summit South East Asia

Summit

   1

  June

  

Let's talk Cyber Mobile Payment Application Risks

Round Table

   2

  June

  

ISO20022 - Knowledge that is missing in the industry

Round Table

  •  Web 3.0 is a new version of the web based on blockchain. Why should it matter to payments? Because Web 3.0 sits at the core of DeFi. In fact DeFi is a new class of Web 3.0 financial services built using Smart Contracts and blockchain. Here is an example of a FinTech that is here now - TrueFi is a marketplace lender offering unsecured loans for borrowers and an opportunity for people with funds to invest in loans to earn a higher return. TrueFi is a form of decentralized finance using stablecoins (The Financial Brand). But we also have to realise there is no legal protection when things go wrong. Moreover there is a risk of smart contract logic hacks. This is difficult to police given that it may not be possible to determine who is responsible (Security Boulevard). Read more

Past Events

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

  20

  Jan

The Future of Clearing in a World of CBDC and Real Time Payments 

Hot Topic Briefing

  21

  Jan

Mumbai Roundtable 2022 

Round Table

  25

  Jan

Hot Topic Briefing: Outlook of the Year 2022 

Hot Topic Briefing

  14

  Feb

Open Data Workshop - Introduction

Hot Topic Briefing 

  


Open Data:  Current



Open Data:  Regulations




Open Data : Innovations 




Open Data :  Solutions



  22

  Feb

APAC Fintech Payments Forum

Forum

  1

  Mar

7th IIF - EPA Global Payments Forum

Forum

  10

  Mar

Russia Ukraine Crisis

Hot Topic Briefing

PROJECT REGULATIONS 

SPONSORED BY CORLYTICS 

 

  • We are using a Payments Tracker for regulatory risk intelligence and to horizon scan upcoming regulation impacting the APAC payments industry. EPAA members are being provided access to review.  

  • Corlytics Regulation Tracker Demo Video - (email projects@emergingpaymentsasia.org for login access) 

  • Regulatory reach out program connected with RBA (Cross-Border Forum) and APEC finance and economic ministers (Open Banking POC) 

  • Monica Jasuja presented at the November Working Group meeting with a Regulatory Update on India. Report 

  • The Regulation Working Group is discussing submissions to HKMA on crypto-assets and stablecoins and to the Federal Reserve on CBDC’s. 

  • The Regulation Working Group is preparing an EPAA Position Paper on Central Bank Digital Currencies (CBDC’s) which will be made available soon. 

  • The EPAA presented to Australian Treasury on the Payments Stategic Plan on Tuesday 29 MarchAdvocacy Letter to Treasury  

  • Consultation to Treasury on Payments Strategy 

Working Group Members: Read more 


For more information regarding EPAA Project Regulations 

To join the EPAA Project Regulations Working Group projects@emergingpaymentsasia.org 

PROJECT CROSS-BORDER PAYMENTS 

SPONSORED BY PAYPAL 

 

  • GLOBAL PAYMENTS FORUM 

  • The 8th meeting of the Global Payments Forum was held on 26 April 2022 . The focus of that meeting was AML/CFT, and we heard from Ashish Kumar of the Financial Action Task Force Secretariat and invited lead discussants, ahead of a plenary discussion. 

  • The 7th Global Payments Forum was held on 1 March 2022. The theme was: Faster Cross-Border Payments - Where do we need the speed? Is RTGS 24/7 the answer? Briefing Note 

  • 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 

  • APAC FINTECH PAYMENTS FORUM 

  • The 2nd Forum was held on 22 Feb 2022 and focused on “The Different Dimensions of Access to Licensing & Regulation, Banking, Infrastructure (Payment Rails &Real Time Payments), and Customers (Data & Channels to Market)”. Summary Report Here 

  • The  first APAC Fintech Payments Forum was held on 4 August 2021. Nigel Lee moderated a robust opening session, followed by breakout rooms where a number of relevant topics were discussed. Summary report here.  

  • FSB SUBMISSION 

  • The EPAA made a submission to the FSB re Cross Border Payments Data EPAA Submission to the FSB re Cross-Border Payments Data  

  • Following our submission, EPAA was invited to attend a closed room discussion with the FSB on 9 February. 

  • GUEST SPEAKER: Pedro Mullor from Swift presented at the Cross-Border Working Group Meeting on 9 February at 17:00 (AEST). SwiftGo Presentation  

Working Group Members: Read more

For more information regarding EPAA Project Cross Border Payments 

To join the EPAA Project Cross Border Payments danelle.denny@emergingpaymentsasia.org 


PROJECT MEET HER - SHE KNOWS PAYMENTS 


  • Anna Maj, Senior Advisor at Truffle Capital set the scene for the April round table on the topic of AI and Payments. Watch this space for this podcast coming soon. Meet-Her She Knows Payments has launched their thought leader deep dive podcast. Listen to Episode 1 here:  In this episode, Camilla Bullock and Linda Stanojevic have a personal conversation with Tessa Wijaya, Co-Founder and COO of @Xendit, discussing challenges and opportunities in the Payment gateway sector, her journey to success and her view on leadership, innovation and diversity.  This podcast is brought to you by PayPal and Steven Chan. 

 

For more information regarding EPAA Project Meet Her - She Knows Payments 

To join the EPAA Project Meet Her - She Knows Payments

New- PROJECT OPEN DATA 

 

  • EPAA hosted an Open Data Workshop in collaboration with Asia-Pacific Financial Forum and ASEAN Bankers Association on 14 February. This workshop, brought 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. 

  • The findings from the workshop were presented at the  ABAC Meeting on 17 Feb. Open Data ABAC Presentation 

  • Deliverables for this working group are aimed at APEC 2022. 

  • A new EPAA Open Data Working Group is being formed, with the first meeting to be held 20 April. To join the group please email danelle.denny@emergingpaymentsasia.org     

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


For more information regarding EPAA Project Open Data 

To join the EPAA Project Open Data  projects@emergingpaymentsasia.org 

To learn what is involved when sponsoring this project please email camilla.bullock@emergingpaymentsaisa.org 

 

PROJECT DIGITAL IDENTITY 

SPONSORED BY CITI & FICO 

 

Working Group Members: Read more


For more information regarding EPAA Project Digital Identity 

To join the EPAA Project Project Digital Identity  danelle.denny@emergingpaymentsasia.org   


Members

Members News

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Marqeta


Finastra extends collaboration with Orange Bank for integrated treasury management in the cloud

Finastra

Finastra featured in the Federal Reserve’s new FedNowSM Service Provider Showcase

Finastra

   

What's On The Horizon...

   
General Payments:
Blockchain and Payments:
CBDC/Cryptocurrency/Stablecoin:
Cross Border Payments:
Cybersecurity:
Digital Identity:
Financial Inclusion:
Open Data:
Real Time Payments:
Regulations:
Sustainable /Green Fintech