March 1, 2018
Money20/20, the world’s leading FinTech and Payments event, is just a few weeks from the launch of its APAC edition taking place in Singapore at the Marina Bay Sands Expo & Convention Centre. The event will bring together the top global FinTech leaders in Singapore – from Ant Financial, GO-JEK, Ping An Group, ICICI Bank, Tencent, and DBS Bank to Adyen, Google, Stripe, PayPal, Samsung Pay and many more – to create the future of money.
We are thrilled to expand Money20/20 to the world’s fastest-growing FinTech marketplace and provide the space for the region’s leading senior industry players to connect, debate, and set out the future of money, and explore the fast expansion of the Asia Pacific payments & financial services landscape. – Tracey Davies, President, Money20/20
MEDICI Team is proud to be the knowledge partner of the event.
Money 20/20’s agenda will explore key industry topics from alternative lending and open banking to augmented intelligence technology and the tokenized economy in over 80 hours of content over three full days. From the USA to Singapore, to China and Europe, Money20/20 Asia features a carefully curated line-up of over 350 of the ecosystem’s leading innovators.
Keynote speakers include:
Amit Goel, CIO & Founder, MEDICI (formerly Let’s Talk Payments – LTP)
Anthony Tan, Co-Founder & CEO, Grab
Chatri Sityodtong, Founder, Chairman & CEO, ONE Championship
Cheng Li, CTO, Ant Financial Services Group
Darryl West, Group CIO, HSBC
Derek White, Global Head of Customer and Client Solutions, BBVA
Ghela Boskovich, Founder, FemTechGlobal
Grace Yin, Director, WeChat Pay, Tencent
Gregory Gibb, Co-Chairman & CEO, Lufax
Hiroshi Takasawa, Managing Executive Officer, CEO Rakuten Asia & President Rakuten Investment Company, Rakuten
James Lloyd, Asia-Pacific FinTech Leader, EY
Jason Thompson, Managing Director, GrabPay
Jonathan Larsen, Chairman, CEO, Ping An Global Voyager Fund; CIO, Ping An Group
Leda Glyptis, CIO, Qatar National Bank
Louise Pentland, EVP, Chief Business Affairs and Legal Officer, PayPal
Madhivanan Balakrishnan, Chief Technology & Digital Officer, ICICI Bank
Nadiem Makarim, Founder & CEO, GO-JEK
Ning Tang, Chairman & CEO, CreditEase
Pieter van der Does, Co-founder/President & CEO, Adyen
Piyush Gupta, CEO & Director, DBS Group
Ralph Echemendia, ‘Ethical Hacker’ & Technical Advisor to Hollywood Director Oliver Stone
Ravi Menon, Managing Director, Monetary Authority of Singapore
Tony Fernandes, CEO, Air Asia
Will Gaybrick, CFO, Stripe
The full list of speakers can be found here.
WeChat Pay and Alipay, China’s two biggest mobile payment platforms, have recently forged partnerships with tax refund companies to enable Chinese tourists to obtain rebates on their purchases via their respective mobile apps.
Late last month, WeChat Pay partnered up with Swiss firm Global Blue to offer an instant tax refund service for Chinese tourists leaving from the Madrid airport, while Alipay rolled out a similar service for returning Chinese tourists at Singapore’s Changi airport. With those instant tax refund services, users can get their rebates settled in yuan and sent to their WeChat Wallet or Alipay accounts immediately once their tax refund forms are stamped and approved at the airport counter.
WeChat Pay and Alipay, along with its overseas mobile payment partners, have estimated a total of 600 million and 800 million users, respectively.
Bank Negara Malaysia announced that its Anti-Money Laundering and Counter Financing of Terrorism Policy for Digital Currencies is now the law of the land. As outlined in the published policy documentation, the rules will apply to all activities performed by cryptocurrency exchanges that offer both fiat-to-crypto and crypto-to-crypto trading services.
Reporting institutions are required to conduct customer due diligence on all customers and the persons conducting the transaction when the reporting institution establishes business relationship with customer(s) and when the reporting institutions have any suspicion of money laundering or terrorism financing, the policy document states.
HYPR Corp., a provider of enterprise-facing decentralized authentication solutions, has partnered with Samsung Pass, an identity-management-as-a-service provider, to offer a secure and convenient way for enterprise employees to log into workstations directly from Samsung mobile devices using biometrics. In addition to the partnership, Samsung NEXT – focused on finding, growing and scaling transformative software – has invested in HYPR.
By removing the need for employees to manage multiple passwords or tokens, HYPR and Samsung Pass will streamline the employee authentication process providing a frictionless point of entry to workstations and applications. The goal is to reduce the risk of an enterprise breach by removing the need for a centralized credential store.
Mastercard announced that it will use Facebook Messenger to provide technology to small businesses in Africa and Asia to drive affordable acceptance of electronic and mobile payments.
This Messenger experience will launch in Nigeria, where Mastercard will pilot a new Masterpass QR bot to help business owners move beyond cash transactions to accepting QR payments. Ecobank and Zenith Bank will support this inaugural program. The pilot in Nigeria is the beginning of a larger plan by the two companies to include more businesses in the digital economy.
To get started, businesses can send a request to the bot to enable QR payments, receive approval from the bank, set up an account and start accepting digital payments in a fast, simple, and secure manner. Once the account setup process is complete, business owners can print and display the QR code in their stores or save the code on their phones. Customers can pay by either scanning the code from their smartphone or by entering the merchant ID associated with the QR code into their feature phone.