Money20/20 Asia Comes Back to Singapore: What to Expectby Christian König March 13, 2019
Money20/20, a leading event series dedicated to the world of payments, fintech and the broader financial services industry, is coming back to Singapore next week for its annual Asian edition.
Money20/20 Asia 2019, which will take place on March 19 – 21, 2019 at Marina Bay Sands, will run across three full days and six tracks: The Business Model World, Tech Platforms, The Regulation Realm, The Innovators’ Zone, The Champions Podium, and The Matrix.
The event will focus on giving participants the knowledge and tools they need to prepare for tomorrow’s financial services marketplace. Participants will get access to real-life case studies, insights, stories of successes and failures, workshops and more, that will enable them to understand where their business face disruption, and the ways in which they can evolve their business to grow across Asia.
Money20/20 Asia 2019, which is expected to gather more than 3,500 attendees from over 1,400 companies and 70 countries, will cover topics including tokenization, challenger banks, bigtech giants, cybersecurity, data protection, digital identity, machine learning, the macro-economic environment, and more.
An official event app was developed and released to allow participants to maximize their event experience by scheduling meetings with other attendees and build their own personal schedule.
Featured speakers share fintech forecasts and predictions
This year’s Money20/20 Asia event will bring together over 300 industry leading speakers representing companies including Lu International, InstaRem, Stripe, Go-Pay, PayPal, Lazada, Tencent, Grab and Ant Financial. They will reveal their top company strategies, share unique opinions on the hottest topics and predict the future trends.
To get a taste of what to expect at Money20/20 Asia 2019, several featured speakers have shared their forecasts and predictions for the year ahead.
Sreeram Iyer, COO of institutional banking at ANZ Banking Group, believes that corporate and institutional banking will witness the maturity, practical adoption, and benefit-realizations of private blockchain applications and gear up for traction in 2020. “These will have significant customer experience improvements and internal productivity gains – not only in trade, but in lending and global markets alike,” he said.
Jakub Zakrzewski, general manager for APAC at Revolut, expects increased use of automation, machine learning and AI by banking challengers which will allow them to automate, accelerate and improve the quality of their decision-making. “This will help them across the business, but particularly when it comes to tackling financial crime faster and far more accurately than outdated, manual processes,” Zakrzewski said.
Nilanshuk Haldar, head of financial services partnerships for APAC at Amazon Web Services, expects many more incumbents and challenger banks to run critical parts of their business – and sometimes their entire infrastructure – on the cloud, ensuring greater security, flexibility and the ability to scale up as needed efficiently and quickly.
Theodora Lau, founder at Unconventional Venture, believes that 2019 will be the year of “autonomous banking – when we move from insights to action.”
“The winners will be those who leverage emerging technologies such as AI and advanced analytics to become truly trusted advisor for their customers – automating their day-to-day finances and empowering them towards a more financially secure future,” Lau said.