2018 programme

Apps, analytics, artificial intelligence (AI), application program interfaces (APIs) are combining with cloud, mobile, blockchain and machine learning to create a whole new world of value exchange. Chris will provide a deep dive insight into how the future financial world will look, including how fintech startups are building an Internet of Value and an Internet of Trust to support the Internet of Things. He will talk about what incumbent institutions are doing to respond. Or more fundamentally, ask if they are even capable of responding to changes to this new landscape of finance and value exchange over the next decade?

C-suite executives will debate what counts when it comes to shaping the future of New Zealand’s local payments ecosystem. How much is New Zealand influenced by global trends? How can we leverage our industry’s strong focus on collaboration in terms of innovation and growth? And as the industry moves forward at an unprecedented rate, how can players determine what’s right for Kiwis? 

Panellists:

Facilitator:

Central banks are considering whether they can harness new crypto- and blockchain technologies. Geoff will assess whether issuing a central bank digital currency to the public, alongside cash, could improve payments efficiency and currency distribution. He will also touch on the Reserve Bank’s regulatory view of privately-issued crypto-currencies.

Minister Faafoi will give an overview of the government's priorities in the commerce and consumer affairs portfolio, including expectations for our current payments system, the work being done around the API framework and open banking in general, challenges and opportunities for improvement, and future expectations for the industry.

Digital transformation is shaking up industries across the globe as businesses and communities interact, engage and pay for services in new and innovative ways. We understand that people want a direct relationship with banks, so Greg will cover how Datacom went about developing Real Time Debit as a new payment instrument, and how this will work within the new Open Banking API. Following this, Greg will unpack the areas of digital identity and the cloud, outline the latest best practice, and show why the move towards cloud based technology is of real importance to the future of payments.

Visa’s Principal Asia Pacific Economist Glenn Maguire will provide a fresh perspective on both the global and Asia Pacific economic outlook in a time of fiscal recovery and intense human connectivity. He will show how economic confidence, when coupled with a rise in connectivity, can equate to greater prosperity for nations, such as New Zealand, which are powered by SMEs. 

Maxine will kick off this session sharing how Paymark are supporting payments innovation in New Zealand. Our 5 challenge finalists - Aider, Banqer, Bosspac, MoneyCompare, and Sharesies - will then pitch their innovation to the delegation in a round of quick-fire presentations followed by a Q&A with our panel of experts. The delegation will vote for their favourite innovation who will be the grand prize winner of our 2018 Fintech Innovation Challenge.

Q&A panel:

Open Bank Project Workshop
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Presentations from Dr Leila Fourie from Australian Payments Network and Katrina Stuart from the New Payments Platform Australia, will be followed by a Fireside Chat Q&A with our MC Nadine Higgins.

The intersection between innovation and security

Australian Payments Network is the self-regulatory body for Australia's payments industry and has over 100 members, including leading financial institutions, major retailers, payments system operators and other service providers. The expansion of the digital economy in Australia is exponential, but as the online world of payments is growing, so too is the risk of fraud. CEO Dr Leila Fourie will discuss the intersection between innovation and security and the fine balance between risk and reward. She will elaborate on fraud trends and present the industry response to this.

Revolutionising Australian payments – the arrival of the New Payments Platform

Launched to the Australian public earlier this year, Australia’s New Payments Platform (NPP) is the world’s latest real-time payment system. With real-time clearing and settlement, along with the adoption of the ISO20022 messaging standard, the NPP is world class payments infrastructure enabling fast, versatile, data-rich payments which will meet the evolving needs of a 24/7 digital economy and provides a platform for future innovation. Katrina will give an overview of the NPP, its potential to revolutionise the way Australians make payments and drive innovation and what the future holds for the NPP.   

What does it mean to be living in ‘digital culture’ and how does it relate to payments? In this presentation, Carolyn will explore the digital forces that are shaping culture, outline the benefits, challenges and risks associated with digital technology, and discuss what is required to thrive in this ‘always-on’ digital world. The presentation will draw on case studies from leading banks around the world that are adopting a new organisational mentality and new technological approaches to transform their organisation – responding to the need for real-time immediacy and highly personalised services that are part of the new digital culture. 

In an increasingly digitised world, a growing ecosystem of nimble start-ups and fintech companies are taking advantage of new technologies, lesser legacy and regulatory burden to meet higher customer expectations. Some would say that banks have been slow to react, however the recent launch of the New Payments Platform in Australia and SWIFT’s global payments innovation (gpi) initiative are two examples of how these dynamics have driven an unprecedented level of industry collaboration. With multiple markets implementing real-time payments systems whilst improving the cross-border payments experience for their customers, do we now have an opportunity to provide near real-time cross-border payments to our customers in the very near future?

The DIACC is a non-profit coalition of public and private sector leaders committed to developing a Canadian digital ID and authentication framework to enable Canada's full and secure participation in the global digital economy. Digital Identity is the key to unlocking economic and societal opportunities for all Canadians. This session will share Canada’s public and privacy sector collaborative strategy to move GDP through secure, convenient, and privacy-respecting Digital Identity innovation.

The UK has become a laboratory for open banking because of the early confluence of the European Commission’s Second Payment Services Directive (PSD2), the UK Treasury’s open data initiative (ODI) and the UK Competition and Market Authority (CMA) “remedies” for competition in financial services. We are exploring and developing bank strategies in response to open banking and understand the key digital enablers for successful execution. We are also learning how it may already have gone horribly wrong with unexpected consequences of some magnitude.

New stories can help us imagine many futures, and direct our imaginations towards the futures we want. This story is about people who are making the world a better place. It's about opportunities and solutions, rather than problems and threats. It's a story that's informed by intelligent, evidence based optimism.

Audiences will walk away from this presentation with insights into the technologies that are creating a new narrative for mankind, and the science behind them. They'll learn how our cognitive biases distort our view of the world, making us feel unnecessarily pessimistic, and preventing us from achieving our true potential.

Participants will gain a renewed sense of hope, purpose, and commitment to problem solving, innovation and organisational change.

Future Crunch creates dynamic and entertaining presentations on a diverse range of topics from politics, biology, mathematics and economics to design, poetry, art and music designed to empower people to contribute to our future.

Speakers:

What do nanotechnology, bioinformatics, artificial intelligence, and robotics have in common, and, more importantly, what do they have to do with you? Join Kaila for a startling look at the dramatic implications of exponential technologies, and some insight into how we might better prepare ourselves to adapt and thrive in a dynamically changing world.

This special two-hour interactive workshop designed for API practitioners will run at the same time as the plenary breakfast sessions on day two of the conference. A full conference pass gives you access to this workshop or tickets can be purchased separately for $75 +GST.

If you have a full conference pass, we will email you closer to the conference event date to ask if you will be attending the workshop.

Ismail Chaib, COO of TESOBE, the Berlin-based company which leads the Open Bank Project, will use the experiences and technical framework of the Open Bank Project to explore open banking APIs.

He will discuss what makes a good open platform architecture, which APIs to open, how to design and build RESTful APIs that developers like to use, and how to attract the best and brightest to your platform. Using real world case studies, Ismail will share insights into defining, designing and implementing successful API programmes.

The workshop will end with an extended Q&A session where you will get the chance to directly interact with Ismail. Technical and business questions are welcome.

The Open Bank Project enables banks to offer an ecosystem of third-party apps and services to their customers through open source API technology and a community of over 8,000 fintech developers.

With over five years’ experience in open banking, Ismail brings a wealth of knowledge on what makes a successful banking API. He will also be speaking at the conference on day one in the future connections breakout stream, where he will share his vision of an open banking future and talk about what that could look like in a New Zealand context.

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