Fintech
A look back at the highlights of Money20/20 Asia
Money20/20the leading fintech trade show, wrapped up three days of fintech conversations, networking and industry evenings from April 23-25 in Bangkok, Thailand, and now he’s sharing some of his favorite moments.
THE Money20/20 Asia the show welcomed over 3000 attendees, from 87 countries, including 24 APAC countries. Over 250 speakers from across Asia shared four incredible stages. Money20/20 also took diversity on its stage seriously: 45% of speakers were female executives and fintech leaders.
Tracey Daviesglobal president of Money20/20, shared his thoughts on the latest show: “Seeing key players from banks, payments companies, venture capital firms, start-ups, regulators and media platforms come together at our show in Bangkok was extremely exciting .
“The global conversations, agreements and announcements we witnessed at the show demonstrated how important Asia is to our industry as an engine of global growth and I can’t wait to see what this incredible ecosystem will help us build in Bangkok in 2025”.
Not surprisingly, artificial intelligence, cross-border payments, open banking, digital assets, CBDCs, etc. financial inclusion were the hot topics on the Money20/20 Asia stage.
KASIKORNBANKa commercial bank based in Thailand, has announced a new partnership with JP Morgan at the Money20/20 Asia press lunch on April 23. The joint Project Carina initiative leverages decentralized blockchain and Web3 technologies to transform cross-border payments that significantly reduce processing times from 72 hours to just five minutes.
Listening to Money20/20 Asia
Key APAC regulators have also played a central role in discussions on our stages. 20 of our 189 sessions included Asian regulators or fintechs and financial institutions addressing the latest trends and impact of regulatory technology.
In a session led by Doctor Wong From SC Malaysia, Malaysia’s fintech journey into capital markets has been explored. The focus was on promoting innovation while ensuring investor protection.
“Malaysia is open for business,” Wong explained. “Our fourteen principles are the cornerstone of our approach to innovation in Malaysia. From the beginning, we have embraced a collaborative ethos, recognizing the power of synergy between citizens, state and industry. Our commitment goes beyond simple technological progress; it’s about leveraging technology to achieve our purpose, whether that’s democratizing access to finance or advancing social goals.”
After, Justin Liefounder and CEO of SHIELDhighlighted the importance of the trust element and multilateral collaboration in fighting fraud in the digital age in the session Trust Tech, Empower Lives: Redefining Financial Inclusion in the AI Age.
“Although we have been fighting fraud for more than 15 years, revealing every day the power of trust as a vital component, it has taken us this long to recognize that our mission goes beyond simply preventing fraud. For B2B businesses, we serve as catalysts, uniting industry leaders under a shared goal of fighting fraud. This realization prompted the start of the Trust Summit,” Lie said.