|
|
Russia and the SWIFT nuclear option
As images of the tragic human toll in Ukraine start to stream in, many of us and our leaders seek to take effective action. In the quest to restore world peace and order, there have been calls for Russia to be removed from SWIFT. What does that mean, and what are the implications? How effective a sanction can it be?
SWIFT is ultimately an organisation - Society for Worldwide Interbank Financial Communications it is a not for profit organisation that was set up in the 1970s with the phasing out of telex machines to establish a network of communications, and a standard protocol for the exchange of messages between banks. Mostly these messages were the electronic equivalent of an I-owe-you. They were trusted, for in the banking world "my word is my bond". Read more.
| |
|
|
Register to get yourself more involved in payments. | |
Meet-Her International Womens Day celebration - #BreaktheBias | | | |
Meet-Her Rountable with Tessa Wijaya Co-Founder and COO of Xendit | | | |
8th Global Payments Forum Focus AML/CFT | | | |
|
Ambassador of the Year 2022 Ambassador, EPAA & Principal, 34 South 45 North | |
|
Press "Read More" to check our past event recordings, articles and related materials. | |
Embedded Finance: Powering Cross-Border Payments Through A Modular Approach | | | |
6th IIF-EPA Global Payments Forum | | | |
The Future of Clearing in a World of CBDC and Real Time Payments | | | |
|
Hot Topic Briefing: Outlook of the Year | | | |
Open Data Workshop - Introduction | | | |
|
|
PROJECT REGULATIONS SPONSORED BY CORLYTICS 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 projects@emergingpaymentsasia.org PROJECT CROSS-BORDER PAYMENTS SPONSORED BY PAYPAL GLOBAL PAYMENTS FORUM The 7th Global Payments Forum was held on 1 March 2022. The theme is: Faster Cross-Border Payments - Where do we need the speed? Is RTGS 24/7 the answer? 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. 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)”. A report is being prepared and will be available shortly. 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 GUEST SPEAKER 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) (CurrencyCloud) 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 danelle.denny@emergingpaymentsasia.org
PROJECT MEET HER - SHE KNOWS PAYMENTS 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.
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 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 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 danelle.denny@emergingpaymentsasia.org | |
|
|
|
|
|
|
|
|
|
Banks’ new growth path: New report by Bain & Company and Mambu highlights opportunities to win over customers by augmenting legacy technology with cloud-based platforms. | | | |
|
Akamai To Acquire Linode to Provide Businesses with a Developer-friendly and Massively-distributed Platform to Build, Run and Secure Applications | | | |
United States Buy Now Pay Later Market Report 2022-2028 Featuring Paypal, Klarna, Affirm, Afterpay, Futurepay, Quadpay, Sezzle, Macy's, Kafene, Google Pay, & Sunbit | | | |
Marqeta Partners with Plaid, Bringing Together Seamless ACH Payments With the Power of Modern Card Issuing | | | |
Marqeta Announces Visa Veteran Mike Milotich as New CFO, Raises Expectations for Fourth Quarter 2021 Financial Results | | | |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
CBDC/Cryptocurrency/Stablecoin: | |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Sustainable /Green Fintech | |
|
|
|
|