Asia Summit 2016
FinTech: Disrupting the Future of Banking and Finance
Thursday, September 15, 2016 / 3:30 pm - 4:30 pm
FinTech--the rapid evolution of software-based financial services--is remaking Asia's banking industry, as in the rest of the world. The success of startups focused on innovations such as digital payment systems and peer-to-peer lending promises more value for individuals and businesses as financial services are delivered more efficiently, at lower cost and in a way that targets customers' specific needs. In the face of this digital disruption, traditional service providers must learn how to adapt. This panel of Asia's leading voices in financial services and technology will share their views on the rise of FinTech and its implications. How can traditional banking institutions profitably transform their legacy processes? What kind of cross-industry partnerships can ensure the health of this blossoming sector? What role should regulators play in fostering innovation while safeguarding the financial system?