Less than 1 week to go until the Global Payments Forum! Join us for a virtual event that will bring together senior payments executives, global standard-setters, and experts to discuss payments innovation and industry led efforts for more secure, faster, transparent and lower-cost payments. EPAA is coordinating 3 panels at the Global Payments Forum (16 - 17 July), each linked to our participation in global taskforces. - Panel 1: Best Practices for Regulatory Sandboxes with a Cross-Border Perspective (LRS Taskforce) - Panel 2: Steps Towards the Harmonisation of APIs for Cross-Border Payments (API Panel of Experts – APEX) - Panel 3: Defining Readiness and Reciprocity for Cross-Border Payments (PIE Taskforce) This two-day virtual event aims to make progress toward the objectives of the G20 Roadmap for Enhancing Cross-Border Payments being taken forward by the Financial Stability Board (FSB) and Committee on Payments and Market Infrastructure (CPMI). Emerging Payments Association Asia has partnered with the Institute of International Finance and The Payments Association to host this year’s Global Payments Forum. Register now: https://lnkd.in/gGPz_hVK Camilla Bullock Danelle Denny Linda Stanojevic Sally Sternecker Niamh Laing Sarah Chan May Lam 林希文 Mika von Haartman Nilixa Devlukia Carrie Suen Wijitleka Marome Dr Brad Pragnell Dr Brad Pragnell Ahmed El Hefnawy Shriyanka Hore #epaa #payments #epaainsights #gpf2024
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Join us today and tomorrow for a virtual event that will bring together senior payments executives, global standard-setters, and experts to discuss payments innovation and industry led efforts for more secure, faster, transparent and lower-cost payments. Hear insights on pathways for progress toward cross-border payments that are lower cost, faster, more transparent, more secure and can continue leveraging innovation to meet customer needs in a digitized economy. EPAA is coordinating 3 panels across both days of the Global Payments Forum, each linked to our participation in global taskforces. 𝐃𝐚𝐲 1 – 𝐓𝐮𝐞𝐬𝐝𝐚𝐲 16 𝐉𝐮𝐥𝐲 21:55 - 22:25 (AEST): Steps Towards the Harmonisation of APIs for Cross-Border Payments (API Panel of Experts – APEX) 𝐃𝐚𝐲 2 – 𝐖𝐞𝐝𝐧𝐞𝐬𝐝𝐚𝐲 17 𝐉𝐮𝐥𝐲 22:15 - 22:45 (AEST): Defining Readiness and Reciprocity for Cross-Border Payments (PIE Taskforce) 22:45 - 23:15 (AEST): Best Practices for Regulatory Sandboxes with a Cross-Border Perspective (LRS Taskforce) This two-day virtual event aims to make progress toward the objectives of the G20 Roadmap for Enhancing Cross-Border Payments being taken forward by the Financial Stability Board (FSB) and Committee on Payments and Market Infrastructure (CPMI). Emerging Payments Association Asia has partnered with the Institute of International Finance and The Payments Association to host this year’s Global Payments Forum. Register now: https://lnkd.in/gGPz_hVK Camilla Bullock Danelle Denny Linda Stanojevic Sally Sternecker Niamh Laing Sarah Chan May Lam 林希文 Mika von Haartman Nilixa Devlukia Carrie Suen Wijitleka Marome Dr Brad Pragnell Ahmed El Hefnawy Shriyanka Hore #epaa #payments #epaainsights #gpf2024
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Last week, EFA co-president Linda Strazdina participated in a panel at TNW's conference on cross-border payments and digital wallets. 🚀 Fintechs are at the forefront of improving improving cross-border payments, providing fast payments with low, transparent prices and the greatest convenience. Fintechs also play a crucial role in fostering competition in the payments market. While we've made significant progress, a lot of work remains. Achieving the G20 cross-border payments targets and creating a truly inclusive, transparent, and efficient payment ecosystem requires ongoing collaboration between governments, regulators, fintechs, and the whole payment ecosystem.
EU Policy & Government Relations at Wise | Co-President of European FinTech Association (EFA)
💸 Was my pleasure to speak at TNW conference in Amsterdam last week on the Financial Times "Finance Disrupted" stage, discussing the future of cross-border payments with Javier Espinoza and Positive Money. 🐌 Despite the growth in digital payments, sending money across borders remains slow, expensive and painful, affecting people and businesses across the world. 🌍 The G20 has set ambitious targets for improving payment speed, cost, and transparency by 2027. Yet, with remittance costs still above 6% and payments taking too long, we’re far from reaching these goals. 💰 Price transparency is crucial. Hidden fees prevent informed decisions, costing consumers and businesses billions. 💡 Fortunately, policy-makers within the EU and US are taking steps to improve fee transparency. We’re making progress, but there's more to do. European FinTech Association (EFA) #TNWConference #CrossBorderPayments #Transparency #FutureOfPayments
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#RoadToSibos: The nature of cross-border payments is changing, with factors such as globalisation, migration, small and medium sized industries going global, and the surge in digital purchases of goods and services all driving a rise in cross-border volumes and value. Recognising the importance of efficient payment systems for global economic growth and financial inclusion, in November 2020 G20 members endorsed the Roadmap for Enhancing Cross-border Payments. It sets quantitative targets to lower costs, increase speed, accessibility and transparency of international payments by the end of 2027. “Under the umbrella of the Roadmap, major progress has already been made”, says Marc Recker, Global Head of Product, Institutional Cash Management (ICM), Deutsche Bank. For our new flow white paper G20 Roadmap: Forging a path to enhanced cross-border payments, we spoke to industry experts such as Heather Lee and Shriyanka Hore from Swift, Annick Moes from Euro Banking Association (EBA) and many more to provide a qualitative assessment of the key initiatives that are ongoing to meet the targets. See the preview of the white paper below or click here to download the full white paper: https://lnkd.in/djj64i8n #G20 #CrossBorderPayments #Payments #ISO20022 #Regulatory #FinancialInclusion
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💰 Based in the United Nations, the Better Than Cash Alliance is a partnership of governments, companies, and international organisations. 💰 It accelerates the transition from cash to responsible digital payments to advance the Sustainable Development Goals. 💰 The alliance has two primary goals: addressing the risks of digital payments and focusing on greater financial inclusion. #e27Archive #financialinclusion #digitalpayments
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The Banking 2.0 Conference was a pivotal gathering that embraced technology and sustainability in governance. This event saw the convergence of industry leaders, authorities, innovators, and experts to explore the dynamic intersection of finance, technology, and sustainable governance. The conference guided its audience through the evolving financial landscape, highlighting the role of cutting-edge technologies such as artificial intelligence and digital platforms, all while prioritizing environmental and social responsibility. High-level panelists tackled the trends and challenges of the new business ecosystem, providing invaluable insights into the future of finance. It was a collaborative effort organized by ENVISIA-Boards of Elite and Moore Romania & Moldova, in partnership with the Asociația Investitorilor din România în Republica Moldova (AIR), and supported by Bucharest Stock Exchange / Bursa de Valori Bucuresti (BVB) as an Institutional Partner. The event underscored the importance of innovation and sustainability in shaping the future of banking and governance, setting a new standard for the industry. #Banking #ESG #Digitalization #Innovation #FutureofEnergy #ProudlyMoore
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EU banks and insurers lag in green compliance, PwC study finds A new PwC study reveals a significant gap between financial institutions and the EU's sustainability goals. Using the EU taxonomy as a benchmark, the research found that on average, less than 2% of bank and insurance activities qualify as environmentally sustainable. While some sectors, like utilities and energy, are making progress, most companies are falling short in integrating sustainability into their core operations. The study analyzed data from over 600 companies across 12 EU countries. Read our new article here to find out more on this topic: https://lnkd.in/evC5neZt The competitive landscape is shifting quickly. At International Fintech Business (IFB), we provide actual IT solutions for online banking and help register banks or finance licenses like EMI/SEMI, API/PI, SPI, MSB, and PSP or buy an already-made company. Our experts can help with any questions you may have. Contact us today! For details: office@ifbusiness.uk More info: ifbusiness.uk #IFB #Fintech #Banks #Banking #EU
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On July 16, 2024, the Financial Stability Board (FSB) released proposed recommendations to address data flow frictions and enhance regulation and supervision in cross-border payments. This initiative is part of the G20's roadmap to achieve faster, cheaper, more transparent, and inclusive cross-border payments by 2027. Key Proposals: - Data Framework Alignment: Recommendations to address challenges in data frameworks that affect the cost, speed, transparency, and accessibility of cross-border payments. - Regulatory Consistency: Strengthening consistency in regulating and supervising both bank and non-bank payment service providers (PSPs) to ensure a level playing field and reduce regulatory arbitrage. - Collaborative Forum: Establishment of a forum for cross-sectoral collaboration on data issues related to cross-border payments. Public Consultation: - Feedback Period: Comments are invited until September 9, 2024. - Participation: Stakeholders can submit responses through online forms available on the FSB website. The FSB's efforts aim to enhance the global cross-border payments landscape, supporting financial stability and improving access to financial services. Stay informed with the latest financial regulatory updates from Global Regulatory Insights! #CrossBorderPayments #FSB #G20 #FinancialStability #RegulatoryUpdate #Fintech #GRI
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Hear the positive feedback of the 3rd ICPAC Mediterranean Finance Summit 2024 shared by our esteemed sponsor, TFI Markets Ltd Business Development's Theodoros Kyriakou, remarking: “The event was very well organised and we had a great time! I had the opportunity to meet a lot of professionals in one-to-one meetings.” Exciting News! TFI Markets Ltd is joining us at the 18th NextGen Payments & RegTech Forum on 10-11 October 2024 at the Marriott Hotel, Athens, Greece. TFI Markets is a leading financial services provider with 25 years of experience, operating as both an Electronic Money Institution (EMI) and a Cyprus Investment Firm (CIF). With offices in Cyprus and Greece, TFI Markets offers foreign exchange conversions, currency risk management, alternative banking and payment services to institutional clients and corporates worldwide. Leveraging professional expertise and advanced technology, TFI Markets delivers tailored solutions that provide a substantial competitive advantage to its clients. Get ready to engage with Payments and Regtech experts! Book now to secure your spot and enjoy a 10% discount before it expires! Contact us at info@qubevents.com to claim the discount! To register and access the agenda: https://bit.ly/47NmLO4 For more information on registration, please contact info@qubevents.com #qubevents #Greece #Athens #Fintech #NPF #Payments #Regtech #Event2024 #Limassol #Cyprus #CEO #AI #Finance #Sponsor #Europe #Cyprus #DigitalPayments #Conference #Networking #Speakers #Forum #Regulatory #NextGen #AML #JoinUs #Compliance #Trends
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Hear the positive feedback of the 3rd ICPAC Mediterranean Finance Summit 2024 shared by our esteemed sponsor, TFI Markets Ltd Business Development's Theodoros Kyriakou, remarking: “The event was very well organised and we had a great time! I had the opportunity to meet a lot of professionals in one-to-one meetings.” Exciting News! TFI Markets Ltd is joining us at the 18th NextGen Payments & RegTech Forum on 10-11 October 2024 at the Marriott Hotel, Athens, Greece. TFI Markets Ltd is a leading financial services provider with 25 years of experience, operating as both an Electronic Money Institution (EMI) and a Cyprus Investment Firm (CIF). With offices in Cyprus and Greece, TFI Markets offers foreign exchange conversions, currency risk management, alternative banking and payment services to institutional clients and corporates worldwide. Leveraging professional expertise and advanced technology, TFI Markets delivers tailored solutions that provide a substantial competitive advantage to its clients. Get ready to engage with Payments and Regtech experts! Book now to secure your spot and enjoy a 10% discount before it expires! Contact us at info@qubevents.com to claim the discount! To register and access the agenda: https://bit.ly/47NmLO4 For more information on registration, please contact info@qubevents.com #qubevents #Greece #Athens #Fintech #NPF #Payments #Regtech #Event2024 #Limassol #Cyprus #CEO #AI #Finance #Sponsor #Europe #Cyprus #DigitalPayments #Conference #Networking #Speakers #Forum #Regulatory #NextGen #AML #JoinUs #Compliance #Trends
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Executive Director | B2B Events Specialist | Conference Organiser | Marketing Strategist | Business Development Director | Partnership Initiator | Executive Recruitment Specialist
Hear the positive feedback of the 3rd ICPAC Mediterranean Finance Summit 2024 shared by our esteemed sponsor, TFI Markets Ltd Business Development's Theodoros Kyriakou, remarking: “The event was very well organised and we had a great time! I had the opportunity to meet a lot of professionals in one-to-one meetings.” Exciting News! TFI Markets Ltd is joining us at the 18th NextGen Payments & RegTech Forum on 10-11 October 2024 at the Marriott Hotel, Athens, Greece. TFI Markets Ltd is a leading financial services provider with 25 years of experience, operating as both an Electronic Money Institution (EMI) and a Cyprus Investment Firm (CIF). With offices in Cyprus and Greece, TFI Markets offers foreign exchange conversions, currency risk management, alternative banking and payment services to institutional clients and corporates worldwide. Leveraging professional expertise and advanced technology, TFI Markets delivers tailored solutions that provide a substantial competitive advantage to its clients. Get ready to engage with Payments and Regtech experts! Book now to secure your spot and enjoy a 10% discount before it expires! Contact us at info@qubevents.com to claim the discount! To register and access the agenda: https://bit.ly/47NmLO4 For more information on registration, please contact info@qubevents.com #qubevents #Greece #Athens #Fintech #NPF #Payments #Regtech #Event2024 #Limassol #Cyprus #CEO #AI #Finance #Sponsor #Europe #Cyprus #DigitalPayments #Conference #Networking #Speakers #Forum #Regulatory #NextGen #AML #JoinUs #Compliance #Trends
