Tuesday 26 June 2018
Shaping a connected future that counts in our industry
Address from our Principal Sponsor Datacom
How fintechs are open-sourcing financial services
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?
Debating the future of the local payments ecosystem
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?
SESSION SPONSOR INTRODUCTION
Introduction from Gold Session Sponsor Buddle Findlay
In search of gold: Exploring central bank digital currencies
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.
Government view of the future of payments
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 – wider implications for the payments 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.
Breakout stream 1
1.10pm - 3.10pm
Artificial intelligence, blockchain aggregation platforms, open APIs and developer ecosystems. This stream will comprise of 4 speakers and will be facilitated by our conference MC Nadine Higgins.
Augmented Reality or Augmented People - it’s time to choose
We are rapidly approaching a new ‘industrial revolution’ with the emergence of many new technologies that will have profound effects on every aspect of our ways of life. Two of these are Augmented Reality and Artificial Intelligence. The question is - will technology make humanity obsolete, or can it be harnessed to enhance humanity in positive and beneficial ways? And what will this mean for how we transact our daily lives?
Building a peer-to-peer blockchain marketplace - the new future
Centrality is one of the leading blockchain venture studios in the world. Their work focuses on helping the world transition to a blockchain-enabled future. Jerome will discuss the evolution of blockchain and how, by putting consumers back in control of their own data and allowing smaller companies to work together to gain scale, it can enable a more equitable and fair world for all.
The state of open banking - what everyone ought to know
The Open Bank Project, led by Tesobe in Germany, is the leading Open Source API and App store for banks and fintech developer communities. Ismail Chaib will share insights into how mastering APIs in banking is critical to developing competitive advantage and how banks worldwide are prioritising API initiatives. Ismail will uncover the drivers behind the industry’s current API practices, with examples from around the world. Delegates will leave the session with a clear definition of Open Banking APIs and several new ideas to pursue their own open banking journey.
Shaping a connected city that works for the people
Auckland Council sees a smart city as one that intelligently uses data to inform decision making and interventions to deliver the best outcomes for the city, its residents and its businesses. Capturing data and delivering on outcomes provides the opportunity for new business models and payments based on performance. In this new way of delivering services to the city the blockchain and other technologies become necessary requirements to manage transactions and payments. Matt will introduce the smart city programme that the Auckland Council family have developed and highlights some of the areas where new forms of payment could be required to deliver on the promises of the smart city.
Breakout stream 2
1.10pm - 3.10pm
Saving money by going cashless, removing friction with push payments, aggregating insights for business, and the future of point of sale. This stream will comprise of 3 speakers and a panel. The stream will be facilitated by Jane-Renee Retimana, GM Strategy and Corporate Affairs, Payments NZ.
The cashless society - are you connected?
MYOB is the leading provider of business management solutions in Australia and New Zealand, offering a range of products from simple bank feeds service to cloud accounting suites and enterprise software. They believe that as technology evolves, and the world continues to change at an even faster pace, things that were once commonplace – such as physical cash – are becoming redundant. Within the decade it’ll be as rare to pay with cash as it is to pay with a cheque today. Carolyn will explore how the payments industry can be at the forefront of this transformation – creating better experiences between businesses and their customers – and saving money. She will talk about why MYOB has bet big on payments, recently acquiring payment provider Paycorp, and how it is helping New Zealand firms to go cashless and create a more connected economy.
Removing friction with push payments
TALKINGTECH is a Kiwi company offering flexible, self-service digital communications and payments solutions to some of the world's largest financial services, telecoms, government and utility organisations. Hear how TALKINGTECH has worked with Telefonica UK to successfully implemented a Pay by SMS bill payment solutions as an alternative to direct debit, which has successfully reduced collections costs and the number of customers entering collections each month.
Blockchain's South Pacific launch pad for cross-border payments
IBM and KlickEx have launched a new blockchain solution for cross-border payments that reduces the settlement time and lowers the costs for businesses and consumers. KlickEx, a company specialising in currency trading across the South Pacific, pioneered the use of mobile apps and other emerging technologies to provide convenient and accessible solutions to help Pacific communities with their banking transactions. In this session Robert will share how blockchain is enabling a new era of real-time payments and FX to transform payments, and why the South Pacific was the perfect choice for IBM to launch the solution.
Future of the checkout experience
We are at an exciting point globally in the evolution of the checkout experience. Point of Sale payment innovations like Pay Plus, self-checkout, click n’ collect and PIN on glass are rapidly transforming the customer experience. But do all these innovations point to a core problem we’re trying to solve? How can we be inclusive of other service industries such as hospitality? And will the benefit of customers having more choice than ever outweigh any potential risks?
Economics of the customer experience
Sponsored by Visa
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.
FINTECH INNOVATION CHALLENGE
Sponsored by Paymark
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.
DAY ONE WRAP UP
Sponsored by ACI Worldwide