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The New Normal is here to stay | |
There is anecdotal evidence that payments changed in some way for almost everyone on the planet in 2020. For some, that was carrying less cash in their pocket, for others, using e-commerce or real time payments and payment wallets for the first time.
For most that meant a shift to, or into digital or cashless. But the shift that has happened has meant that payments impacted us during the pandemic. And that impact is not going away any time soon. PayPal are now servicing 377 million customers since 2020, and that number is still rising.
Welcome to 2021. EPA Asia had a productive year in 2020, reaching some fantastic milestones including: - 87 Events
- 6 Projects: Open Banking, Cross-Border Payments, Resilience, Digital ID, Regulations and Meet-Her
- Membership grown to over 40 members
- 2 submissions to government
2021 is preparing to be even more jam packed. Already this year we have: - A new Engagement Manager, Danelle Denny has come on board to help our members get the most out of EPA Asia.
- Issued our events schedule for 2021 (available here)
EPAA is excited about the projects we are progressing in 2021:
If you’d like to join any of our working groups - please email projects@emergingpaymentsasia.org
To join EPAA as a member and become part of the payments solutions click here for more information.
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Register to get yourself more involved in payments. | |
EPAA Fuse - Digital Currency | | | |
Digital Identity - the need for interoperability | | | |
Regulation - Horizon scanning | | | |
Gobal Payment Forum - Cross-Border Payments | | | |
Open Banking - Proof of Concept in partnership with APFF and APIX | | | |
Digital Identity - the need for interoperability | | | |
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What sort of events can I access through my EPA Asia memberhip? | |
EPAA FUSE is a five-event series on a set topic.
These are bite size presentations focusing on education, niche and emerging topics. The selected topics are evolving, and hence the challenge for the industry to stay up to date. This new format will feature a short presentation in a TED style talk covering ‘what is the latest?’ followed by a 20 minute Q&A on ‘what you want to ask’. There will be a final series session where each of the previous four speakers are invited to debate against each other before the audience is invited into the conversation.
The theme for the first EPA FUSE in 2021 is Digital Currency. These sessions are for EPA Asia members only, but the session content will be replayed on social media. Capacity: 20 attendees with video on
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Press "Read More" to check our past event recordings, articles and related materials. | |
The Year Ahead - 2021 Payments | | | |
In Focus - Cyber Security | | | |
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In a world where online and digital collaboration is increasingly the norm EPA Asia projects are continuing to align more with the trends. Monthly working meetings are being held on the 3 operational projects, as follows : - Project Cross-Border APAC : second Wednesday every month
- Project Digital Identity APAC : third Wednesday every month
- Project Regulations APAC: fourth Wednesday every month
- Special project - Meet-Her: This is arranged around the workshop events and is run on selected dates each month.
Information available https://www.emergingpaymentsasia.org/events/ and https://www.emergingpaymentsasia.org/project/ To join the EPAA Project Working Group projects@emergingpaymentsasia.org
PROJECT REGULATIONS SPONSORED BY CORLYTICS - EPA Asia made a submission to the Australian Payments System Review on January 22.
- Scott Farrell met with EPA Asia on February 10 to discuss the submission. (Submission)
- The Payments Tracker is now live and EPAA members have free access. (email projects@emergingpaymentsasia.org for login access)
Working Group Members are:
- Dr Brad Pragnell (EPAA Ambassador)
- Zennon Kapron (EPAA Ambassador)
- Antony Morris (EPAA Ambassador)
- John Byrne (Corlytics)
- Mike O’Keefe (Corlytics)
- Sean Peterson (AMEX)
- Simone Joyce (FinTech Australia)
- Steven Chan (PayPal)
- Amrita Nair (PayPal)
- Anurag Vasisth (ABP Australia)
- Thomas Hind (DXC Technology)
- Sarah Wood (AMEX)
- Laura Hu (eBay)
- Mailu Mizumoto (eBay)
- Holly Dorber (PayPal)
- Abraham Teo (AxiomSL)
- John Ryan (Director General, EPAA)
For more information regarding EPAA Project Regulations
PROJECT CROSS-BORDER PAYMENTS SPONSORED BY PAYPAL - IIF – EPA Global Payments Forum established with IIF which will run workshops and advocate.
- Forum co-chairs signed up :
- Stephen Grainger, Mastercard (UK/Europe)
- Richard Clow, BoA (North America)
- Aditi Sholapurkar, Nium (Asia Pacific)
Working Group Members are: - Fannette Hsin (EPAA Ambassador/Project Director)
- Amrita V Nair (PayPal – Project Sponsor)
- Dr. Brad Pragnell (EPAA Ambassador)
- Melissa Keir (Marqeta)
- Kenneth Leung (SWIFT)
- Laura Hu (EBAY)
- Mishal Ruparel (Banking Circle)
- Thomas Hind (DXC Technology)
- John Ryan (Director General, EPAA)
For more information regarding EPAA Project Cross-Border Payments
PROJECT MEET HER - SHE KNOWS PAYMENTS To date we have run 10 roundtables with over 100 female thought leaders and we have three topics to cover before the book will be finalized and launched. Upcoming topics with associated round tables are: - Rewards and Loyalty Schemes
- Blockchain
- Financial Inclusion
For more information regarding EPAA Project Meet Her - She Knows Payments To join the EPAA Project Meet Her - She Knows Payments
PROJECT OPEN BANKING SPONSORED BY PAYPAL SUPPORTING SPONSORS: SPLIT PAYMENTS, TRUELAYER, DXC TECHNOLOGY, REFINITIV, SWIFT, EQUINIX - Planning a Proof Of Concept (POC) for use of API in payments, March 17 2021
- The POC with be conducted in partnership with MAS backed APIX, and run in conjunction with APFF (Asia Pacific Financial Forum)
For more information regarding EPAA Project Open Banking
PROJECT DIGITAL IDENTITY SPONSORED BY CITI & FICO - Member workshop event planned for 3 March 2021 (Register Interest Here)
- White Paper is due for release at the end of March 2021
Working Group Members are:
- Rajiv Madane (Project Director, Covr Security)
- Victoria Richardson (Project Mentor, AusPayNet)
- Richard Lomas (Citi)
- CK Leo (FICO)
- Ian Sorbello (Transmit Security)
- Rob Allen(eftpos Payments Australia)
- Desmond Lim Ching Hau (Ebay)
- Mailu Mizumoto (EBay)
- John Ryan (Director General, EPAA)
For more information regarding EPAA Project Digital Identity To join the EPAA Project Working Group projects@emergingpaymentsasia.org
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Global Processing Services (GPS) Bolsters Asia Pacific Team with Head of Region Appointment | | | |
Introducing new EPAA member Mambu - the market leading cloud banking platform | | | |
NPCI PayAuth Hackathon: Can you simplify UPI? | | | |
FICO Recognized as Number One on Forbes List of America's Best Mid-Sized Employers | | | |
Opening Up Finance in Australia and Achieving Global Open Banking Interoperability | | | |
TransferGo selects Thought Machine to drive global expansion | | | |
Behind the idea – The Fintech Times interviews Melissa Beckett, CMO of Kani Payments | | | |
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