Global transactions re-invented

Customers and businesses in today’s interconnected world expect a quick, seamless, and reliable way to purchase goods or conduct businesses worldwide. Supply chains in a multitude of sectors are broadening, creating more complex value chains. Developments like blockchain and the integrated use of advanced analytics and machine learning (AAML) are moving global transactions into the future. In recent years, financial technology entrants as well as banks have created new solutions to address key pain points related to transactions, payments, trade finance, and cash management. For financial institutions, these developments result in tighter competition for market share gain.

To discuss these topics and the latest trends in the movement of money and international transactions, The Asian Banker will gather experts from the global transaction banking industry. The Future of Finance Summit 2018 provides a platform for thought-leaders to share their outlooks and offer best practice solutions to stay ahead of the curve.

Key focus areas:

 

Global outlook for global trade and transactions

 

Seamless, safe, transparent and frictionless cross-border payments for a globalised world

 

New technologies in a shifting compliance landscape

 

Going virtual: Building the future of cash management

 

Real-time payment transformation domestically and globally

 

Customer experience and service proposition in the digital age

 

Developments in supply chain finance and logistics

 

Where tradition meets technology: Exploring hybrid model between banks and fintechs

 

The role of blockchain in cross-border and domestic transaction banking

Global transactions re-invented - Day 1 - 24 May 2018

08:00

Registration & Morning Networking

09:00

Welcome remarks

Opening keynote
Han Geng, Deputy Secretary-General,
People’s Government of Beijing Municipality

International keynote
A look ahead into the future of tech
Sir Tim Berners-Lee,inventor of the World Wide Web and founder of the Open Data Institute. Sir Tim takes his audiences beyond the technology itself - the Internet of Things, future of artificial intelligence, the next web paradigm shift, the power of data and privacy on the web, into the real transformative impact these technologies are having on society. How will the financial services industry be impacted in the years ahead?

Future of personal finance - Change versus constant
Jackson Cheung, CEO & Co-Founder, Youxin Financial, one of China’s top 30 entrepreneurs under 30

Leadership dialogue: The shift of global finance
From the fast growing interest in blockchain and new technologies to the plausible decline of the dollar as the world's reserve currency, the international financial system is experiencing a profound transformation. The speakers will be joined by a forward-looking panel to discuss, how should policy-makers and business leaders prepare for the shift of global finance?


Panellists include:


Chaired by Emmanuel Daniel, Chairman, The Asian Banker and co-chaired by Gordian Gaeta, International Resource Director, The Asian Banker

11:00

Networking break

11:30

Frictionless transactions and seamless payments of the future
Fintech are transforming the transaction finance landscape with the introduction of futuristic technology, digital transformation, API, open banking and blockchain. The cross-border payments industry is being affected by that and merchants from small shops to multinational companies have a lot to gain by offering their customers a new variety of payment options. In this session, a panel of experts and thought leaders will discuss the trends, initiatives and directives of the cross-border payments impacting global transaction banking and the financial services.

  • Staying ahead of the global payments revolution – Regulations such as PSD 2 (Payment Service Directive 2) that endorse Open Banking and APIs have precipitated the entry of fintechs and non-banks service providers into the payments space – Does it signal greater competition or opportunities for collaboration?
  • SWIFT GPI (Global Payments Innovation) – Can it deliver on the promises and overcome the challenges – A case of too little too late?
  • Digital transformation – A case for the small players – fintechs and domestic banks - to level the playing field?
  • The case for building proprietary supply chain platforms and ecosystems, can’t you just join one?
  • Safety and soundness – Two sides of the coin – Rationalising profitable relationships and leveraging tech to solve the AML/CTF compliance conundrum?
  • The looming cybersecurity and data privacy war – The battle to restore and protect customer trust 
  • Demystifying blockchain – It is not cryptocurrency! Time to lift the hype and get going


Speakers/panellists include:


Chaired by Richard Hartung, International Resource Director, The Asian Banker

13:00

Luncheon

14:30

Regtech and compliance - Not just a simple cost-benefit equation
Compliance with anti-money laundering (AML), know your customer (KYC), and combating the financing of terrorism (CFT) rules are essential to a stable financial system. Although many have adopted a culture of “compliance”, de-risking practices have already cut off smaller players, including financial technologies (fintechs). In this session, experienced industry professionals will share how compliance and technology are merging to combat financial crime.

  • Scaling regulatory technology (regtech) to strengthen KYC, AML and CFT practices
  • Innovative solutions for KYC, AML, third-party risk and sanction regimes and best practices to prevent financial crime
  • Ensuring compliance amidst constantly-changing regulations
  • Safety and soundness – Moving beyond AML/CFT – ensuring Cyber Security and Data Privacy – Implications of GDPR – general data protection regulation
  • Leveraging regulatory data and reporting to build customer value and competitiveness


Speakers/panellists include:


Chaired by Bill Chua, International Resource Director, The Asian Banker

15:30

Going virtual: Building the future of cash management
Efficient treasury and cash management is vital to businesses across the world. Treasurers in today’s world want real-time visibility over their cash and liquidity. In this session, we look at some of the developments transforming cash management today.

  • Best practices in digitizing cash management in a paper-based and Excel-centric ecosystem
  • Leveraging data and analytics to manage cash and FX exposure while increasing yield and reducing costs
  • Key trends in real-time cash management
  • Extracting value from digital infrastructure and the virtualization of cash management


Speakers/panellists include:


Chaired by Richard Hartung, International Resource Director, The Asian Banker

16:30 Networking break
17:00

Day 1 - Closing keynote

Technology is reshaping what we believe, can we trust it?
Trust is a vital part of the social fabric. With advanced technology and machines becoming an integral part of our daily interaction, it is easy to lose sight of what makes us human in the first place. The rapid speed of technological change is dismantling traditional institutions and mechanisms for governance, which has held to an implosion of trust. Are we more trusting of technology, or have we simply become more complacent?


Speakers/panellists include:

Chaired by David Gyori, International Resource Director, The Asian Banker

18:00

Close of conference day one

Global transactions re-invented - Day 2 - 25 May 2018

08:30

Registration & Morning Networking

09:00

Where tradition meets technology: Innovations in supply chain logistics
Multinational supply chains have become the norm in many industries. While this translates into more cost efficient and leaner production lines, this also calls for a more complex payment network. Supply chain finance has turned out to be one of the more accessible market entry points for fintech companies. We have seen a large amount of marketplace lending fintechs serving SME’s financing needs. We look at key developments in a sector that remains highly paper-based and discuss some of the opportunities and challenges ahead.

  • How buyers optimize finance for suppliers and ensures a stable supply chain
  • From pain points to solutions: Innovations in supply chain finance
  • Case study: The Digital Trade Chain initiative and trade consortiums of the future
  • New competition for SME financing: The rise of Amazon, PayPal and Alipay
  • Standardizing contracts


Speakers/panellists include:


Chaired by Richard Hartung, International Resource Director, The Asian Banker

10:30

Networking break

11:00

Correspondent banking in a decentralised world – Implication of Open Banking, APIs and Blockchain
Correspondent banking has hardly changed in decades but now is confronted with new technologies from Open Banking, APIs and Blockchain, which could transform the correspondent banking landscape. We gather a panel of experts to discuss the changing landscape.

  • Is Open banking – correspondent banking by another name? Or better?
  •  How technology and new players are driving the paradigm shift in cross-border payments and banking
  • Bulk clearing and processing in a peer-to-peer and instant payment ecosystem – what do the networks need to achieve?


Speakers/panellists include:


Chaired by Mathew Welch, International Resource Director, The Asian Banker

12:00

Strong demand for enhanced cross-border and regional financial infrastructure and services
The Belt and Road Initiative connects more than 65 countries with six economic corridors. The Initiative breaks down trade barriers to create open, broad, deep and balanced regional economic coordination and financial integration.

  • Innovative cooperation and exchange along the B&R
  • Regional financial openness and collaboration
  • Active partnerships with ASEAN


Speakers/panellists include:


Chaired by Bill Chua, Former Managing Director and Head of Global Financial Institutions Group, UOB

13:00

Luncheon

14:30

China and U.S. calling the shape of global trade to come
The recent trade frictions between China and U.S. are challenging the global trade environment. In the 1920s, British firms held 40 percent of the global stock of foreign direct investment. By the 1960s, America had assumed that role. China is likely to be next as it is the world’s largest nation, its economy has quintupled in the last 25 years and its state bank supplies over half the world’s liquidity. While the U.S. retreats from the world stage, China is engaging, learning and adapting. Along the way, it is developing more and more confidence at the global negotiating table. Politicians might make promises to protect national borders, but global markets will continue to shape the world. This session offers a platform to discuss where is the global trade heading to after the frictions between the two biggest economies in the world.

  • US-China trade war and new trends of globalization
  • Country risk prevention
  • Is China lending too much money abroad?
  • When will the RMB replace the US Dollar in as international trade currency?

Speakers/panellists include:


Chaired by Mathew Welch, International Resource Director, The Asian Banker

15:30

Networking break

16:00

Future of Finance Summit 2018 - Closing keynote session

Reimagining new ecosystems of finance
Without a doubt, 2017 has been a rocky year for financial services; with political upheavals, economic uncertainty and planning for numerous regulatory changes coming into effect in 2018. While political events will continue impacting financial services, digitalisation and data will dominate alongside Robotic Process Automation and Blockchain, making larger waves in the sector and paving the way for uncapped growth and innovation.

  • A data future
  • The rise of robots
  • The reality of blockchain
  • Simplifying digitalisation
  • Banking regulations
  • Fintech collaboration

Speakers/panellists include:


Chaired by Emmanuel Daniel, Chairman, The Asian Banker and co-chaired by Gordian Gaeta, International Resource Director, The Asian Banker

17:00

Close of conference day two

Featured keynote speakers from 2017

  Featured speakers from 2017

  Moderators

Who will attend?

The programme is designed for senior executives from:

  • Transaction banking and cash management
  • Technology, operations, data and analytics
  • Trade finance
  • Cross-border corporate payments
  • Transaction banking regulation
  • Logistics and supply chain finance
  • Financial technology start-ups, blockchain companies, alternative providers of financing and e-commerce

Agenda and speaking opportunities:

America Herrera

aherrera@theasianbanker.com

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