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May 2022
It will come as no surprise to anyone that change in the payments ecosystem is accelerating, and with that growth has come increased attention from government and regulators. EPAA has been working hard to ensure that the collective voice of our members is being heard, and that the EPAA is increasingly known as an effective advocate for the payments industry to government and regulators.
Already this year, EPAA has provided submissions to:
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Register to get yourself more involved in payments. | |
Let's talk CyberMobile Payment Application Risks | | | |
An Opportunity to talk about CBDC | | | |
Creating an Wholistic System for Open Data: Starting Now - Building For The Future | | | |
9th Global Payments Forum | | | |
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The Future of Payments Banking & Commerce in Asia | | | |
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Biometric Mobile Payments Set to Exceed $1 Trillion by 2027. Juniper Research evaluates the transition from traditional security like PINs and passwords, to biometric authentication, in its paper, Mobile Payment Biometrics: Key Opportunities, Regional Analysis & Market Forecasts 2022-2027. It claims the use of facial and fingerprint recognition via mobiles will lead to an astonishing 365% growth in the value of related payments in the period to 2027. Solutions like Apple Pay are set to be a significant driver of this growth, as will the introduction of Strong Customer Authentication (SCA) checks as part of the EU’s Second Payment Services Directive (PSD2) (infosecurity-magazine.com 30 May ‘22).
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Press "Read More" to check our past event recordings, articles and related materials. | |
Open Data Workshop - Introduction | | | |
Open Data : Solutions
Open Data: Report
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APAC Fintech Payments Forum
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7th IIF - EPA Global Payments Forum | | | |
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8th IIF - EPA Global Payments Forum | | | |
The Future of Account to Account Payments | | | |
The Future of Merchant Acquiring | | | |
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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. Briefing Note. 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
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
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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 The report from the Workshop is here. Final EPAA Open Data Workshop Report February 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 have launched the new Open Data project for 2022. This project has an ambitious target to influence the Finance and Economic ministers of APEC, in Thailand, November 2022. 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 time commitment required is monthly meetings during 2022. 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 | |
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Finastra celebrates new and reinvigorated workspaces in Pune and Bangalore | | | |
Mindtree and Finastra Partner to Deliver Managed Services Payments Solutions in the Nordics, the UK and Ireland | | | |
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The race to high velocity | | | |
2022 State of Consumer Money Movement | | | |
Marqeta Announces Partnership With Klarna To Build Klarna Card, a Transparent Alternative to Traditional Credit Cards | | | |
Marqeta Study: Australians Lead the Way in Digital Payment Use, as Mobile Wallet Use Spikes 67 Percent Post-COVID | | | |
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| CBDC/Cryptocurrency/Stablecoin: | |
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| Sustainable /Green Fintech | |
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