Thursday , 5 September 2019, Colombo, Sri Lanka
The sessions will be highly experiential in format with opening and closing keynotes, plenary session and dialogues with working luncheons.
Trends and developments in retail financial industry – Challenges in the process of digitisation
The promise of profit for retail banking in the future, is it vanishing?
The impact of regulations on the industry
Digitisation and data to dominate alongside blockchain, artificial intelligence, and open banking making waves in the financial sector
Financial inclusion and the unbanked, where are they now?
Disruptors and challengers redefining established market boundaries
Roadmap for sustainable finance in Sri Lanka – Effectively managing environmental, social, and governance risks
How does AI transform the way in which we talk to customers, invent products and services, and organise ourselves for competition?
Should financial institutions be investing in AI or buying these services from technology players who are better invested?
What are some of the limitations of algorithms and how should we guard against biases?
Productive use of data and analytics for better customer insights and informed decision-making
Innovative ways to provide financial services to un/-der banked and SMEs
The latest developments in payments landscape
The increasing use of QR codes across the region
Breakthroughs in cross-border payments and remittance industry, in lowering technology costs, foreign exchange costs, and speed of delivery
Distributed ledgers and blockchain, is it really a game changer? Use of blockchain to expedite effective transmission of money
The launch of the National Card Scheme – another milestone in local payments landscape
Cybersecurity as a leadership strategy in the networked world
Use of internationally-recognised core cyber standards and frameworks in the management of cyber risk
Security architecture for a digital bank
Enhancing institutional cyber-resilience through blockchains
The dark net, including bitcoin use and ransomware
Exchange views between investors (both traditional banks as well as private equity players and the major start up accelerators) on key future of finance themes developing in Sri Lanka
Get a glimpse of the “investible ideas” emerging in the country
Have a glimpse of breakthroughs of innovations in banks and traditional institutions themselves
The rise in investment funds, angel, and venture capitalism
The risks and statistics of start-up failures
Laws and regulations to drive innovation while ensuring secure P2P lending and development of the digital economy
How banks incubate a start-up in their midst
Short presentations by local financial institutions and fintech companies and potential in the market in the following areas, not limited to:
Block chain and distributed ledgers
P2P lending platforms
Banking through wearable technology
Online and mobile platforms
The Council will converge to hear from the best-in-class innovation cases and select the top innovative start-up
The financial services ecosystem is entirely different to what it was a decade ago, with political upheavals, economic uncertainty, and planning for numerous regulatory changes coming into effect in 2019. But are we safe to say that we are better off? The rapid speed of technological change is dismantling traditional institutions and mechanisms for governance, which has led to an implosion of trust.
This session will focus on how the financial services industry can use current innovations to align to the needs of their customers.