Payment Asia’s Post

We are excited to share that our first session at the Digital money summit 2024 will be looking at the unified ledger: A 'quantum leap' for cross-border payments. 💱How can we achieve a seamless integration of the emergence of overlapping solutions (#RLN, #UDPN, #XC, #Icebreaker, #Partior) into the existing cross-border payment landscape? 🖥️What are the technical challenges that need to be overcome to ensure such a unified system delivers on the promised functions and is scalable and secure? 🪙What are the benefits of bringing different asset claims onto a single programmable platform? Speakers include: 👉George Chou, Chief Fintech Officer at the Hong Kong Monetary Authority (HKMA) Authority 👉Nick Kerigan, Head of Innovation at Swift 👉Tom Mutton, Director of Fintech at the Bank of England 👉Basak Toprak, Executive Director, EMEA Head of Coin Systems at Onyx by J.P. Morgan Moderated by OMFIF CEO, John Orchard. Register to attend here: https://lnkd.in/dZwu5JbU

https://hubs.li/Q02nydRg0 Join American Conference Institute at the 8th Forum on FinTech & Emerging Payment Systems on April 9-10, 2024, in New York. Connect with key industry and regulatory stakeholders to gather the knowledge necessary to remain compliant while fostering innovation amid an ultra-competitive and quickly evolving marketplace. You will have the opportunity to benchmark among peers, absorb key compliance takeaways around anticipated increased regulatory enforcement, and delve into what it will take for the modern fintech to prosper. Save 10% with promo code D10-999-FT24. #FinTech

💡#Innovation in the #financial sector 📈 is heavily driven by #technology 🤖. But technology is only as good as you #trust 🔐it and the people / counterparts behind the specific transaction / interaction. #Digital #Trust is the foundation of digital #business. ‼️No Trust - No Business.‼️ I am looking forward to talking and discussing newest Fintech & Digital Trust developments and trends at probably the most important #Fintech conference in the world. Singapore FinTech Festival. Reach out to me if you are around. #sff24

Thinking about how to plan for your Singapore FinTech Festival week? All you need to know are here👉 Explore the keynotes, speakers and stages that best match your interests. Get a 𝟮𝟬% 𝗼𝗳𝗳 on your #SFF24 delegate pass now: https://lnkd.in/gbYw69yb #CorporateTreasurer #SGFinTechFest #SFF Feng Jun Chia

🆕 Updates in the fintech world this week! From extended interchange fee caps to money transfer solutions, evolving security measures by banks, and more. What’s buzzing in the Fintech space this week: 💳 Visa and Mastercard extend inter-regional interchange fee caps in the European Economic Area (EEA) until 2029 (via FinTech Futures) https://lnkd.in/eYVPfzmH 💸 GoFree version 2.0 enables users to send money while chatting, seamlessly integrating social interaction with financial transactions (via TechCabal) https://lnkd.in/d4bPVcNT 🔐 #Singapore banks to phase out one-time password (#OTP) for customers using digital tokens (via The Straits Times) https://lnkd.in/gVGK4Xdz 🚀 Paxos receives full approval for its Singapore entity and partners with DBS Bank for stablecoin issuance (via Electronic Payments International | GlobalData Plc) https://lnkd.in/gPJxYfSj 📱 Oyapaste! app leverages advanced pastecode technology to generate unique codes for users to send money securely and instantly (via Punch Newspapers) https://lnkd.in/gYwku8ew 📊 FIDINAM Group releases #whitepaper on global fintech regulations and guidelines for investors in digital assets Download whitepaper: https://lnkd.in/ghA_n9Jb 🐝 Buzzword of the week: #Tokenisation Representing digital or physical assets, it protects sensitive data and strengthens every transaction (via Mastercard) https://lnkd.in/dDfjR5eg — Enjoyed the reads above? Comment to let us know your thoughts below. 🔔 Follow APIX Platform for weekly updates within the fintech industry. Accelerate your innovation journey by joining our community of 2,000+ financial institutions and fintechs today. #Fintech #Innovation #WeeklyFintechWrap

While distributed ledger technology (DLT) is most known for powering cryptocurrencies, it is evolving into something much bigger, with the potential to not just upgrade, but entirely transform the world of payments. "DLT has now taken on a new force in terms of being a payments technology for financial institutions," said Tan Su Shan, DBS Deputy CEO and Group Head of Institutional Banking. She highlighted examples of modern use cases such as purpose-bound money, cross-border transactions, securities tokenisation, self-executing smart contracts, and more. "There is a lot more understanding and practical use cases. That's what excites me," she added. DLT pushing the payments industry towards a more open, efficient, and accessible future is one of the key trends highlighted by Su Shan in a discussion around next-generation transactions and financial solutions. Su Shan was speaking at the Singapore Fintech Festival 2024, on a panel focused on leading global financial services in the Asian decade. #SFF2024 #Fintech #Banking #Technology

Heading to the Fintech Festival in Singapore to discuss how Zama is bringing confidentiality to tokenisation platforms in leading financial institutions and stable coins Let me know if you are around #SFF2024 #SingaporeFinTechFestival

With DBS awareness on the trend financial services let us attend to ascertain the feature of money market may be cryptocurrency can reshape the global economy! As the world grapples with economic challenges, cryptocurrencies are emerging as a fresh avenue for change. These digital assets have the potential to address critical issues such as financial exclusion, inefficiencies in cross-border transactions, and the lack of transparency in traditional systems.

The article, co-authored by Assoc. Prof. Dr. Vytautas Kuokštis, explores the evolution of countries’ fintech policy stances, undertaking a comparative case study of the three Baltic states, which have experienced diverging fintech policy trajectories on a national level. Read the full publication here: https://bit.ly/3W9hy06.

Mbanq Conference - Show Me the Money - The Bottom Line in FinTech, with Vlad Lounegov. Mbanq’s CEO shares his expert perspective on where the real potential and profits are in FinTech. BaaS providers, banks and credit unions need to enable brands. “If you are a FinTech - get yourself a sexy brand!” says Vlad Lounegov, speaking during his Mbanq keynote at M20/20 - on the topic of the fintech value chain, check it out. #FintechInsights #BankingInnovation #Money2020