Description
The Singapore FinTech Festival is a global nexus where policy, finance, and technology communities converge. Designed to foster impactful connections and collaborations, SFF is a platform to explore the intersections of cutting-edge financial solutions, evolving regulatory landscapes, and the latest technological innovations. Join the Mojaloop Foundation at the Singapore Fintech Festival at two discussions, which will feature our Product Solutions Lead, Julie Guetta:
Build local, connect global: Balancing between local approaches and cross-border linkages in global DPI development
10 November, 9:45 am – 11:15 am
This roundtable will tackle the core challenge facing countries that are experimenting with their approaches to DPI: how can technology, policy, and civil society leaders design locally attuned DPI systems that achieve adoption, while ensuring global interoperability and avoiding further fragmentation of the digital economy? Panelists will debate governance models and standards shaping the next generation of DPI, from the global interoperability question to the right public-private balance, and launch a report to frame a path forward.
Workshop: Consumer protection in DPI: Navigating tensions between innovation, competition and long-term sustainability
10 November, 1 – 3 pm
This interactive workshop builds on work done by the global DPI Insights Community, which is convened by the Center for Financial Inclusion and presents evidence of policy choices and the implications, from a number of countries that have adopted DPI. Several countries that are beginning to launch their instant, interoperable payment systems are grappling with the challenge of understanding fee structures that can encourage inclusion, competition and innovation and be financially sustainable in the long run. There is a growing concern that not addressing the long term sustainability question can especially be challenging to jurisdictions that are expected to provide concessions without the commensurate ability to bear the costs over the long run. This, in turn, can affect consumer experience, security and protection. There is a crucial role for all stakeholders to consider various options, work with policymakers to make informed choices, and identify pathways to navigate these tensions.
