Frictionless - Payments, Transactions and Supply Chain

Frictionless – Payments, Transactions and Supply Chain

From payments to supply chain, transaction banks are facing increasingly fierce competition from both traditional and nontraditional players. The corporate-bank relationship is being tested as customersmove away from the concentration of services in one institution, towards provider-agnostic solutions. Third-party platforms, treasury management solutions, and even a global financial messaging provider such as SWIFT are providing the connections and access channels to different institutions in creative and cost-effective ways.

Innovations are also underway in supply chain. The entry of new procurement-to-pay (Proc2P) and supply chain platforms, such as Alibaba and Ariba, into the corporate-to-corporate environment is having an impact. The power of such platforms is that they can manage the entire Proc2P and supply chain processes and are in a position to trigger financial transactions, such as payments, financing and risk mitigation. Furthermore these platforms avoid the onerous compliance burdens to manage risk and exposure with which the transaction banking industry has to contend.

The Future of Finance Summit, formerly known as The Asian Banker Summit, is the largest annual meeting for financial institutions in the Asia region. The Frictionless track provides a platform for the most senior practitioners in financial institutions, correspondent banking and transaction banking businesses to maintain a continuous and interactive relationship with regulators, potential clients and peers, as well as catch up with the latest developments whilst learning about new trends and identifying ways to progress their institutions to the next level.

Key focus areas:

 

Cash and Liquidity in a Rising Rate Environment

 

Digital Transformation in the Corporate Business

 

Real-time Payments Go Global

 

From the Innovation Labs to Your Supply Chain

 

The Role of Banks in Disintermediation

 

Leading from the Future in the Transaction Ecosystem

 

Your Brand in the Economy of the Future

CONFERENCE DAY ONE - Thursday 8 June 2017

08:00

Registration and Morning Networking

08:30

Welcome Note
Opening Keynotes
Cathy Lemieux, Chair, Regional BankingOrganisation, Federal Reserve System
Nicholas Negroponte, founder, MIT Media Lab

Keynote Dialogue: The Role of Banks in Disintermediation – How to Adapt and React to Changing Market Situations
Since 2008, the difficult economic context made banks more prudent lenders with companies facing greater financial uncertainty. Changes in banking regulation intensified this phenomenon and methods of financing the economy havecontinued to change. Indeed, the liquidity ratios set by the Basel regulations has limited the lending capacity of banks.Nowadays, companies have more access to alternative financing options. Large companies now turn to capital markets, while crowdfunding has recently emerged as a viable alternative for SMEs.


Dialogue chaired by Emmanuel Daniel, Chairman, The Asian Banker and Gordian Gaeta, International Resource Director, The Asian Banker

10:30

Coffee Break

11:00

Leading from the Future in the Transaction Ecosystem
This broad ranging session stakes out the converging forces transforming the transactional banking eco-system and the implications on hard business decisions. What are the top of mind concerns of domestic banks and corporate treasurers?How can international banks remain the preferred financial partners of domestic banks and corporates?


Dialogue with
Damian Glendinning, Treasurer, Lenovo & President, Association of Corporate Treasurers
Michael Lor, Advisor, Fullerton Financial Holdings
Mathew Welch, Partner, Asia Capital & Advisors and former global head of banks, Standard Chartered

12:30

Luncheon

14:00

Cash and Liquidity in a Rising Rate Environment
Unlike the revolution taking place at the retail level, changes to the institutional business has taken a more gradual trajectory. We benchmark the improvements in speed, transparency and security at the processing level, and examine user cases in enhancing customer centricity at the strategic business level. What are the needs and opportunities in a period of rising rates and currency volatility?


Dialogue with
Adinata Widia, Head of Transaction Banking Product Development, Bank Mandiri
Senior Executive, Deutsche Bank
James Cullen, International Resource Director, The Asian Banker & former SVP, Wells Fargo

15:30

Coffee Break

16:00

Digital Transformation in the Corporate Business
While the advantages of incumbency and sticky adoption rates have given some breathing space in the past, how are the more forward thinking FIs meeting the challenges of our Uber moment? We look at user cases in transforming corporate channels and trade, as well as scaling excellency in emerging markets and break down the call for revolution and next generation integration.


Dialogue with
Christopher Low, Group Chief Strategy Officer & Head of Transformation, RHB
Bill Chua, boardmember, ST Electronics & former head, Global Financial Institutions, UOB Bank
Senior Executive, Dovetail Systems

17:00

Closing Keynote: Building Key Partnerships Around the Region in Order to Create a Global Network of Financial Assets
Featuring Ant Financial’s investments in India with mobile payment and e-commerce website Paytm, Thai financial technology firm Ascend Money, the Philippines with a stake in Globe Telecom's fintech firm Mynt and South Korean with mobile payment subsidiary Kakao Pay. These deals are hugely strategic and we can expect to see more soon.

18:00

Close of Conference Day One

CONFERENCE DAY TWO - Friday 9 June 2017

08:00

Registration and Morning Networking

08:30

Opening Keynote: The State of the Industry: Examining the Past, Present, and Future of Fintech
Ron Suber, President, Prosper Marketplace                                                   
Prosper Marketplaceis America's first peer-to-peer lending marketplace, with more than two million members and over $8 billion in funded loans.Since its launch in 2006, Prosper Marketplace has evolved into a personal finance company that offers products and services beyond personal loans to help people get on top of their finances.

Keynote Speaker: Successfully Harnessing the Chinese Market and Fighting Competition by Developing One of the Most Advanced Peer-to-Peer Company
Soul Htite, Co-Founder of Lending Club, Founder and CEO, Dianrong.com         
Soul Htiteco-founded Lending Club, the world's largest and benchmarking peer-to-peer (P2P) company, where he served as head of technology until 2011.In 2012, Soul Htitecame to China and builtDianrong on basis of advanced technology and his expertise. Dianrongis now a leading Internet finance company that focuses on the online marketplace and banking solution services.

Keynote Dialogue
: Payment (R)evolution - Forging Ahead, Building Communities
Discussing which technology platforms, message standards, interoperability frameworks and business models will emerge as the leading next generation payment winners

10:30

Coffee Break

11:00

SWIFT's GPII - Too Little & Too Late to Improve Your Clients’ Cross-Border Payments?
A report on the outcomes from the first phase of Swift’s Global Payments Innovation Initiative and what lies ahead in future rollouts. Are early indicators pointing towards GPII as a true initiative at modernization and innovation, or is shaping out to be a rearguard action by a financial giant to stay relevant? What have been the measurable changes, and the outcomes in the flexible application of standards?


Dialogue with
Senior Executive, SWIFT
Senior Executive, OCBC Bank
Senior Executive, Deutsche Bank

12:30

Luncheon

14:00

Real-Time Payments Go Global – Going Beyond Cross Border Settlement
The era of fixed payments is coming to an end, with technology-enabled competitive disruptions creating offerings in dynamic funding and dynamic payments. Where is the market headed and who will be responsible for funding?With the complete change in mentality inevitable, how will the interplay and dynamics change between technology, customers, and banks?


Dialogue with
Aaron Siwoku, Founder &CEO, TOAST
Senior Executive, D+H
Foo Boon Ping, Managing Editor, The Asian Banker

15:30

Coffee Break

16:00

Deploy or Die: From the InnovationLabs into Your Customer Delivery Infrastructure
Until this decade, incumbents were often protected from disruptive innovation by the slower pace of adoption. However, this decade witnessed the ability to pervasively deploy innovation into the real world at an unprecedented low cost, eroding the advantages of incumbents who control the power, money and authority.  In this session, we breakdown the most interesting use cases of robotics process automation, artificial intelligence and chatbots and analyse how they have radically redefined the new supply chain.


Dialogue with
Kapil Jain, Co-Founder, Stanford University Advanced Fintech Lab
Tobias Puehse, Senior Business Leader, Vice President Digital Payments and Labs - Innovation Management, Mastercard
Senior Executive, Dovetail Systems

17:00

Closing Keynote: Future Inc–Your Brand in the Economy of the Future
Disruptive technologies such asAI, autonomous vehicles, augmented reality and personalized genomics could make our lives healthier, safer, and easier. But these emerging technologies may also have a dark side:inequality andmass unemployment, complete loss of privacy, social chaos and eugenics. The new economy is dawning, but will it be Star Trek or Mad Max? How can business leaders continue to manage their organizational brand and shape their economic future?


Dialogue with
Alex Salkever, author of The Driver in the Driverless Car: How Our Technology Choices Will Create the Future
Massimo Tammaro, Chief of Enterprise Risk Management, Ferrari & former Commander, Italian Aerobatic Team

Dialogue chaired by Emmanuel Daniel, Chairman, The Asian Banker and Gordian Gaeta, International Resource Director, The Asian Banker

18:00

Close of Conference Day Two

Agenda & Speaking Opportunities:

Jeremy Sim

jsim@theasianbanker.com

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