Money20/20 Asia
Asia

A Look Back on Highlights From Money20/20 Asia

Money20/20, the leading fintech show, concluded three days of fintech conversations, networking and industry nights from 23 to 25 April in Bangkok, Thailand – and is now sharing some of its favourite highlights.

The Money20/20 Asia show welcomed over 3000 attendees, who traveled from 87 countries including 24 countries in APAC. Over 250 speakers from across Asia shared four incredible stages. Money20/20 also took diversity seriously on its stages – 45 per cent of speakers were female executives and fintech leaders.

Tracey Davies, global president of Money20/20, shared her thoughts on the most recent show: “Seeing movers and shakers from banks, payments companies, VC firms, start-ups, regulators and media platforms coming together at our show in Bangkok was hugely exciting.

“The conversations, deals and global announcements we witnessed at the show demonstrated just how important Asia is to our industry as a driver of global growth and I can’t wait to see what this incredible ecosystem will help us build in Bangkok in 2025.”

Unsurprisingly, AI, cross-border payments, open banking, digital assets, CBDCs, as well as financial inclusion were hot topics on stage at Money20/20 Asia.

KASIKORNBANK, a Thailand-based commercial bank, announced a new partnership with J.P. Morgan at Money20/20 Asia’s press lunch on 23 April. The joint initiative Project Carina leverages decentralised blockchain and Web3 technologies to transform cross-border payments that significantly reduce processing time from 72 hours to just five minutes.

Listening in to Money20/20 Asia

Key regulators of APAC also held a central role in the discussions on our stages. 20 of our 189 sessions included Asia regulators or included fintechs and financial institutions addressing the latest trends and the impact of regulatory tech.

In a session led by Dr Wong of SC Malaysia, Malaysia’s fintech journey in the capital markets was explored. The focus was on fostering innovation while ensuring investor protection.

“Malaysia is open for business,” Wong explained. “Our fourteen principles are the highlight of our approach to innovation in Malaysia. Right from its inception, we’ve embraced a collaborative ethos, recognising the power of synergy between citizens, the state, and industry players. Our commitment extends beyond mere technological advancement; it’s about leveraging technology to fulfil our purpose, whether it’s democratising access to finance or advancing societal goals.”

Later, Justin Lie, founder and CEO of SHIELD, emphasised the importance of the trust element and multilateral collaboration in tackling fraud in the digital age in the session Trust Tech, Empower Lives: Redefining Financial Inclusion in the AI Age.

“While we’ve been engaged in combating fraud for over 15 years, each day revealing the potency of trust as a vital component, it took us this long to recognise that our mission extends beyond mere fraud prevention. For B2B enterprises, we serve as catalysts, uniting industry leaders under a shared objective of combating fraud. This realisation prompted the inception of the Trust Summit,” Lie said.

Author

Related posts

Four Financial Institutions in Singapore Hit With Fines for Activity Related to Wirecard ‘Scandal’

Tom Bleach

Injective Protocol Launches First Universal DeFi for Fully Decentralised Derivatives Trading

Gina Clarke

Visa Finds Singapore SMEs Should Go Digital for Holiday Shopping Opportunities

Polly Jean Harrison