Roundtable Theme: Journey towards frictionless cross-border payments
Event Details
Event Date: June 25, 2024
Event Time: 2:00 pm - 6:00 pm SGT
Event Venue: Meeting Room 1 at LexisNexis® Risk Solutions Singapore Office
Address: 3 Killiney Road #08-08, Winsland House 1, 239519
Event Synopsis
Singapore has been a key hub of innovation for domestic payments in APAC. The progress on the cross-border payments, however, has been comparatively slower which means the cost of moving money across border is expensive and inconsistent. While ISO20022 and CBPR+ standards bring in common messaging formats, country-specific rules, local regulations, and continued reliance on key network banking payment infrastructures mean an inconsistent payment journey for businesses and Payment Service Providers alike. LexisNexis® Risk Solutions along with Singapore FinTech Association welcomes you to explore reasons behind most common causes behind high operating cost, unexpected delays, higher cost of transaction or lower Straight-through-Processing. The causes, if addressed well, could help realise a frictionless cross-border payment experience for our customers.
Seating is limited, and confirmations will be sent out by LexisNexis® Risk Solutions.
Agenda
Time | Topic |
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1:30 pm – 2:00 pm | Registration |
2:00 pm – 2:10 pm | Welcome and Opening
Speaker:
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2:10 pm – 2:20 pm | Solo presentation
Speaker:
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2:20 pm – 4:30 pm | Round table discussion |
4:30 pm – 6:00 pm | Networking |