AI for Financial Inclusion

Digital payments are an “on-ramp” to financial inclusion and Visa has spent the last 60 years connecting hundreds of millions of people and organizations to a global system that enables fast, safe, and reliable financial transactions. In 2015, Visa publicly committed to provide payments accounts to another 500 million people who do not use banking services, as part of the World Bank’s call for Universal Financial Access by 2020, and we are excited to pursue this marvelous goal.

Tanijoy

Tanijoy builds an agricultural ecosystem where farmers can be more independent, collaborative and interconnected through technology. The company is based in Sudirman, South Jakarta and was established in 2017

Philippines: Cloud Based Core Banking to Expand Reach of Banking Services

In June 2017, ADB and Cantilan Bank Inc. (CBI) signed an agreement to conduct a pilot study on cloud-based core banking technology. The pilot was supported by the central bank of the Philippines, the Bangko Sentral ng Pilipinas (BSP), which placed the pilot in a regulatory sandbox while related regulation and processes were updated. Oradian was engaged as service provider.

Regtech and suptech: How digitizing reporting and regulatory processes boosts the efficiency and proactive monitoring of risk and compliance

Regtech includes any use of technology to automate regulatory compliance or oversight processes. The term was first used to describe compliance technology used by regulated firms, but its meaning has broadened to include all technology used for regulation. Suptech is useful shorthand for the regulatory-specific uses of regtech.

The session will explore the following issues:

  • The global state of regtech.
  • Regtech use cases and ideal target applications.
  • Objectives regtech can help achieve.
  • Inclusive finance and regtech.

Mobile Money Embracing Payments as a Platform in Asia

After a decade of growth, mobile money continues to provide innovative services that are having a profound commercial and social impact in emerging markets. The Asian landscape however is evolving fast: increased competition and strong growth in smartphone penetration are propelling evolution towards a platform-based approach, connecting consumers with third-party services across diverse industries. This session will explore recent innovations and emerging trends from Asia. What are the key regulatory challenges in the region? and what are the enablers to accelerate growth?