Celebrating 5 years in Singapore !

GlobalPaymentSummit 2017 Working in a Smarter Transaction Space

Dear friends and professionals in the payment space,

Welcome to the 5th GlobalPaymentSummit in Singapore. A global conference with APAC-focus that delivers key content, best practices, deep-learning and relevant networking amongst senior peers in payments and transactions.

Our Summit strives to deliver a spectacular program in both key briefings and relevant debates in payments with ample room for individual ‘learning’ and top networking.

Our GPS 2017 theme is: “Working in a Smarter Transaction Space”. We will deep-dive into new architecture and technology essential to reinvent the payment infrastructure. We will exchange global and regional best-practices and focus on product & service innovations, barriers & opportunities in o.a. technology, consumer behaviour and regulation. Security and Fraud prevention, the power of new media, the challenging IoT-transactions and many more topics will be part of our triggering and compact program.

Have a closer look at our program details. We will continuously update the program and inform you on new items. We are offering the best “for-by professionals” platform in the Asia! Join us today and share your ideas and suggestions!

Warmest regards,

Harry Smorenberg Chairman

08.00 Welcome Coffee & Registration

09.15 Welcome by Summit Chairman - Harry Smorenberg

09.30 Keynote Opening “Working in a Smarter Transaction Space”

09.50 Keynote Opening Panel “The Changing Asia Payment Landscape”

Introduction & Panel Debate

11.00 Networking Break

11.30

Real-Time Payments: the-state-of-the-art in Asia

“Initial Coin Offerings the New Payment Realism?” Market update – latest trends – global and regional experiences shared

“Payment Security by Design: Next Gen Architecture”

Essential update on Fraud & Security in the transaction space

12.15 Lunch

13.30 Keynote & overview on Global Regulatory Developments - Ruth Wandhofer | Managing Director, Global Head of Regulatory & Market Strategy, Citi

14.00 Plenary panel on Regulatory “speed of change” : regional reports - Asia perspectives - European perspectives - USA perspectives

Ruth Wandhofer | Managing Director, Global Head of Regulatory & Market Strategy, Citi Makram Amin Bou Nassar | Exec. Director and Head of Payment Systems Dept | Central Bank of Lebanon

14.45 Networking Break

15.15

Remittances: “Reaching the last mile” efficiency

E-Commerce Asia Expert Panel

• Redesigning  the e-Commerce value chain

• Further consolidation in the online payment sector

• Next Generation e-Commerce cases

From Biometrics to ‘Behaviometrics’ Next generation secure on-boarding

16.00 Networking Break

A1 B1 C1

Day 1 - 28 August 2017

A2 B2 C2

16.30

‘Going Cashless’ as catalyst for APAC Mobile Payments Market   • Briefing on key developments

in Asia Pacific • Australia / Singapore /

Malaysia cases • Solutions: fighting barriers –

using opportunities

Quah Mei Lee | Industry Principal Analyst | Frost & Sullivan’s Telecoms Practice

China: A day in the life - How Digital Finance the way that 1.4 billion people pay, shop, and save

• How China went from Digital Payment Products to Digital Finance Platforms (combining Alibaba/ANT Financial services products)

• Regional expansion in Asia (ASEAN and India)

• Future Impact on APAC Financial Services positioning

API – Open Banking developments: The new role of banks & non-banks

17.15 Keynote on Fraud Prevention in Asia (Interpol – Singapore / Europol – Europe)

17.45 GPS - Florin Awards Asia Presentation

18.00 Cocktail Reception

18.45 End of Program

Day 1 - 28 August 2017

A3 B3 C3

08.30 Welcome Coffee

09.30 Recap & Opening by Harry Smorenberg

09.20 Keynote: Payments Reform Australia: Lessons Shared Victoria Richardson (APAC)

09.45Briefing on Financial Inclusion Study Asia 2017 Zennon Kapron | Managing Director, Kapronasia

10.00Panel debate on latest results / study (key regional representatives)

10.45 Networking Break

11.15

The Emerging Power of (National) Debit Schemes

• Speed of change and customer experiences shared

• The impact on present payment platforms

• How about the trend towards non-bank acquiring

Identity as the ultimate ‘transaction’ Global path to the ultimate unified solution?

Insights in Vietnam Payments developments (expert panel)

12.00 Lunch

13.15Blockchain: the ultimate “cure” or a vague promise in Payments? Analyses and key cases for success.

13.45Payments as a Commodity? No Way! Rediscovering the transaction space as a profit center

Practitioners Debate with banks / near-banks / non-banks

14.30 Keynote Closing

15.00 Reception - Drinks & Snacks

16.00 End of Program

A4 B4 C4

Day 2 - 29 August 2017

By Pre-Registration Only

GPS will have in parallel with the program two break-out Round Table session. These sessions will be dedicated topic by invitation with limited number of participants. These round tables will be held from 15.00 – 17.00 hrs.

Watch this space for further announcements. Or get in touch with us via info@transactives.com

ROUND TABLE

Harry Smorenberg

CEO of Smorenberg Corporate Consultancy

Keynote 09:15 09:20

Dear Delegate,

As Chairman I'd like to invite you to participate and enjoy our 5th edition of the GlobalPaymentSummit 2017. Apart from the summary of our program, we offer you a detailed program insight. Many key topics will be discussed in great detail in our ‘tracks of choice’, where plenary keynote introductions will deepen your expertise on new strategic directions in the transaction space.

We are very happy to welcome great speakers and thought-leaders from around the world. A great meeting place for senior professionals and practitioners involved in (aspects of) payments, e-commerce, regulatory, security, legal, ICT and marketing.

Please join our 5th edition and experience top quality program, essential networking and steep learning!

Harry Smorenberg Chairman

Introducing the EPS 2017 Program

Keynote

Quah Mei Lee,

Industry Principle Frost & Sullivan Kuala Lumpur

Keynote 09:15 09:20

Throughout Asia Pacific where smartphone penetration is the highest in the world, consistent progress by local governments toward cashless societies is benefiting the mobile payments market. Going cashless is seen as a catalyst for the mobile payments market both in markets where use of cards is transitioning gradually into use mobile payments and in markets where consumers are leapfrogging to mobile payments from cash. Getting to 100% cashless will see mobile payments realize its potential as a key enabler of Cashless Societies.

Regulatory push, standardization, the availability of a ubiquitous payments infrastructure and comprehensive solutions as well as local consumer behaviour play a role in determining how fast the transition to 100% cashless is going to be. The top down regulatory push towards cashless societies across Asia Pacific will see the $71.92 billion mobile payments market (excluding China and India) grow exponentially to reach $271.47 billion by 2021. The number of active customers too will double to 130.8 million users.

Although benefiting from regulatory push factor, the initial slow take up is mainly due to the drawbacks of today’s mobile phone as a form factor. This includes lack of user interface and payment flow standardization, the need for additional security features such as tokenization and biometrics authentication, effective resolution of data privacy issues and above all and the fact that it doesn’t replicate the physical wallet. The presence of local proprietary e-wallets built to differing security standards alongside global and open 3rd party e-wallets further add confusion to the market.

Despite current challenges, the market is progressing. Standardization efforts are already underway in some countries and contactless payments facility is growing. However, contactless payments facility is still far from ubiquitous i.e. it has to be available on trolleys, at toilets, for donations to churches, at tourist foreign exchanges and virtually everywhere else. There is also a lack of comprehensive solutions to cater for segments holding on to the use of cash e.g. the poor, the old, people with disabilities, people living in rural areas and short term visitors/tourists, that will complete a transaction that involves payment method, loyalty/rewards, receipts and in some instances identification.    

It is clear that there is still a lot of work ahead, especially in replicating physical wallets and offering a truly seamless user experience. Ultimately, the focus now should shift to mobile payments in order to build a 100% cashless future across Asia Pacific.    

‘Going Cashless’ as catalyst for APAC Mobile Payments Market

A3

Keynote 09:15 09:20

Join Quah Mei Lee to gain her insights on the latest developments alongside key issues plaguing Asia Pacific. Together with an expert panel, she will then debate these issues & questions.

1. What would be the ideal mobile payment solution? • Current focus has been to leave it to market forces to

determine which solutions will prevail • Is the confusion created by multiple solutions in the market

holding back the demand for mobile payments? • Why aren’t solutions providers offering seamless

comprehensive solutions? • Will transforming the mobile phone into a physical wallet

increase take up of mobile payments?  

2. What direction should standardization of mobile payments take? • Current focus is on payment flow and acceptance of all

payment methods at merchant site • Should it include guidelines on minimum security and

handling of data privacy issues? • Should it mandate seamless comprehensive solutions that

will replace the physical wallet while leaving room for competition in innovation within this broad scope?

3. What would be the final combination of efforts from industry (regulator, solution providers, merchants) that will make mobile payments go mainstream in Asia Pacific?

• Current focus by governments has been on pushing options that increase cashless transactions. In addition to this,

• Australia is looking into removal of higher value currency notes i.e. $50 and $100, but while this will help push mobile payments that is capped below $100, there are indications from India that people may revert back to use of cash and behavior switches are temporal.

• Singapore is funding cashless payment acceptance at small merchants (hawker centres). While this will take time to complete, take up is still slow elsewhere despite wide acceptance via NETS

• Malaysian tolls are going 100% cashless through use of a single payment method.

• What steps are necessary to increase take up and encourage use of mobile payment facilities?

• Should the regulator mandate use of mobile payments? • Should the regulator mandate or encourage via incentives

true ubiquitous acceptance in order to get to 100% cashless?

‘Going Cashless’ as catalyst for APAC Mobile Payments Market

A3

Quah Mei Lee,

Industry Principle Frost & Sullivan Kuala Lumpur

Zennon Kapron

Managing Director, Kapronasia | Shanghai

Keynote 09:15 09:20

CHINA & DIGITAL FINANCE – HOW 1.4 BILLION PEOPLE PAY, SHOP, AND SAVE

China is, by any measure, the largest fintech market in the world. Digital payments are a reality and China’s key providers have created platforms of products and services based around these services for anything from booking a taxi to buying a wealth management product. This is completely changing how China’s consumers carry out their daily lives and has significant ramifications for the financial industry.

During this informative 45min engaging panel, Zennon Kapron from Kapronasia, will moderate a panel of China experts who will walk the audience through some of the more innovative products and services and discuss their impact on the financial industry in addition to how these platforms are gradually being taken international.

Here’re some of the payment options and gateways in China. At GPS, we discuss their impact and how they are moving out of China and into the region and other continents!

China: A day in the life - How Digital Finance the way that 1.4 billion people pay, shop, and save  

B3