Description
The Insights2040 Annual Meetings bring together senior public- and private-sector leaders to address the priorities shaping financial services. Taking place at the start of Singapore FinTech Festival week, the two-day event is the culmination of GFTN’s year-round Insights2040 initiative, which develops evidence and practical pathways for a more efficient, resilient and inclusive financial system.
The meetings feature invite-only discussions among central banks, regulators, financial institutions and technology partners, with a focus on challenges that require coordinated public- and private-sector action.
Steve Haley, Global Director, Mojaloop Ecosystem & Adoption at the Mojaloop Foundation, will participate in three sessions exploring national ownership of payment infrastructure, the future architecture of instant payments, and coordinated approaches to combating financial fraud.
Steve Haley’s Sessions
1. Sovereign Payments: Who Builds, Funds and Controls the Next Generation of Inclusive Instant Payment Systems? — Powered by Mojaloop
- Monday, Nov. 16 | 9:30 AM | Workshop Room 1
Instant payment systems are increasingly becoming essential national infrastructure, raising important questions about who controls their technology, develops the skills to operate them and funds their long-term sustainability.
This session will examine three dimensions of payment sovereignty:
Technical sovereignty: Maintaining control over technology and the freedom to change vendors.
Skills sovereignty: Building the local expertise and capabilities needed to operate and develop payment systems.
Economic sovereignty: Ensuring funding arrangements preserve national decision-making authority.
Drawing on practical experience from country leaders, central bank operators, implementers and funders, the discussion will explore where national ownership is established or compromised, from initial procurement through long-term operations. It will also introduce draft funding principles designed to support national ownership and invite funders and adopters to help shape them.
2. Rethinking Instant Payment Infrastructure from the Ground Up
- Monday, Nov. 16 | 4:15 PM | Roundtable Room 4
Many instant payment systems rely on after-the-fact reconciliation — exchanging messages between institutions to resolve discrepancies after a payment has been sent. This approach can create ongoing operational costs.
This roundtable will examine whether pre-validation, which checks and verifies payment information before a transaction is executed, offers a more fundamental alternative to reconciliation-heavy architectures.
Participants from development institutions, central banks and the instant payments industry will consider the merits of incremental improvements versus redesigning payment infrastructure around pre-validation. The discussion aims to produce a practical roadmap for countries interested in implementing pre-validation across financial institutions. Where available, early pilot data will inform the conversation, which will take place under the Chatham House Rule.
3. Beyond Borders: Building a Global Defense Against Scams and Financial Fraud — Powered by Tazama
- Tuesday, Nov. 17 | 12:30 PM | Workshop Room 1
Scams and financial fraud increasingly cross national borders and payment networks, requiring coordinated responses that protect consumers without restricting access to financial services.
This interactive workshop will examine how shared intelligence, interoperable technology and cross-border cooperation can strengthen fraud prevention. Topics include real-time fraud monitoring, AI-enabled scam detection, shared taxonomies, neutral governance and responsible intelligence exchange.
Through a practical cross-border scam scenario, participants will identify vulnerabilities and propose coordinated interventions, exploring opportunities for greater industry cooperation.
Attend Insights2040 Annual Meetings
The Insights2040 Annual Meetings are invite-only, but interested participants can apply to attend through the GFTN website.
