Transaction Finance Reinvented Conference

Navigating the Financial Digital Revolution

Transaction Finance Reinvented 2024 stands as a beacon of innovation amid global economic shifts and technological breakthroughs. Building on the 2023 summit, where we addressed challenges like inflation, economic downturns, and the digital revolution, the 2024 event arrives at a pivotal moment.

In 2024, traditional norms continue evolving, and emerging concerns such as monetary tightening, global inflation, unsustainable debt, and geopolitical tensions loom large. Digitalisation is reshaping finance at an unprecedented pace, demanding institutions to provide effective cash management, liquidity solutions, treasury services, and supply chain financing. Instant cross-border payments alone are insufficient; today’s consumers seek transparency, traceability, and trust.

ISO 20022 adoption promises enhanced payment chain interoperability but presents unique challenges. Central bank digital currencies (CBDCs) have the potential to simplify business models, while ISO 20022 boosts financial system efficiency. This fosters investment in sustainable financial products and services, promoting ESG integration in finance.

Transaction Finance Reinvented is a dialogue platform for banking experts, alternative players, regulators, and technology providers. It explores trends, offers best practices, and addresses global trade dynamics, correspondent banking, cross-border payments, foreign exchange, and liquidity management.

Past event highlight video

Key issues to be covered

Global transaction banking and trade finance trends

Transformation of cross-border payments and liquidity management

Global supply chain strategies and disruptions

The role of digital assets in transaction and corporate banking

Addressing ESG, cybersecurity, and the future of finance

Insights from significant wholesale CBDC projects

Enhancing the efficiency of supply chain finance (SCF)

Shaping the future of finance: Sustainability, digitalisation, connectivity, and more

Who will attend?

This programme is designed for decision-makers and senior professionals from the following areas of speciality:

  • Chairmen, CEOs, board members, and senior management of leading traditional financial institutions, including banks and financial market players
  • Transaction banking professionals in cash, payment, trade, and FX from traditional and emerging institutions
  • Heads of operations, technology, channels, and payments
  • Senior executives in logistics and supply chain finance
  • Financial technology start-ups, blockchain companies, internet finance firms, and other non-bank players in transaction services
  • Regulators, government officials, and policymakers who seek to be part of the conversation

Transaction Finance Reinvented Conference

Thursday, 23 May 2024 | Hong Kong
08:30 – 09:00

Registration and Morning Networking

09:00 – 11:00

Welcome Note

Opening Keynote

Arthur Yuen, Deputy Chief Executive, Hong Kong Monetary Authority

International Keynote

Lord Chris Holmes, Member of the House of Lords; Former Member, Science and Technology Select Committee, UK

Leadership Dialogue

Harnessing technology and sustainability in finance

Exploring the intersection of technology, finance, and resilience, delving into strategic innovation investments, the emergence of green banking, economic indicators, interest rates, and the disruptive potential of DeFi and tokenisation.

  • Exploring economic indicators' impact on interest rates
  • Embracing green banking: aligning incumbents with changing business demands
  • Investing in technology for resilience and crisis management
  • Impact of DeFi and tokenisation on global finance
Session co-hosted by
  • Emmanuel Daniel

    Founder, The Asian Banker

  • Gordian Gaeta

    International Resource Director
    The Asian Banker

11:00 – 11:30

Tea / Coffee Break

11:30 – 11:50

Reimagining transaction banking in the new normal

The 2024 global transaction finance landscape reflects challenges and opportunities shaped by macroeconomic and geopolitical factors. Amidst these influences, businesses and financial institutions expect growth driven by new business models, evolving customer needs, and the intersection of technology and risk.

  • Balancing short-term profitability with long-term sustainability
  • Managing credit risk in rising interest rates
  • Investing in technology for resilience and crisis management
  • Embracing green banking: aligning traditional banks with changing business demands
11:50 – 12:10

Advancing cross-border payments and liquidity management

Cross-border payments play a crucial role, yet traditional methods often suffer from slow processing, high fees, and limited transparency. However, recent years have seen significant improvements driven by innovative payment providers, enhancements to existing infrastructure, and the integration of domestic real-time payment systems.

  • Cross-border payment evolution: Challenges and opportunities
  • Leveraging platforms for efficient cross-border transactions
  • Implications of ISO 20022 on the Swift Network
  • CBDCs' role in future cross-border payments
12:10 – 12:30

Charting the course of Institutional Cash Management in the next decade

Discover how global economics, technology, and evolving financial practices impact institutional cash management (ICM). Explore emerging technologies like quantum computing and advanced analytics and their potential to revolutionize financial operations. While focusing on automation, recognize the importance of human expertise. Gain actionable insights for organizational advancement.

  • Global economic trends, tech advances, and regulatory shifts: Impact on ICM future
  • Emerging technologies' influence on cash management
  • Actionable insights for adapting to emerging trends
  • Human expertise amidst automation and AI
12:30 – 14:00

Networking Luncheon

14:00 – 14:30

The future of cross-border trade finance and RMB internationalisation: A Global Crossroads

While the global market thrives, trade finance faces inefficiencies. Central bank digital currencies (CBDCs) are reshaping cross-border transactions. The internationalization of the Renminbi (RMB) poses challenges and opportunities for global trade.

  • RMB adoption: Impact on international trade and investment
  • Major economies' response to china's CBDC development
  • Digital currencies in cross-border payments and financial inclusion
  • Navigating geopolitical shifts with technology strategies
  • Envisioning an efficient global trade ecosystem
14:30 – 15:00

Steering through supply chain realignment in 2024—Lessons in resilience

Global supply chains are recalibrating due to rising inflation, geopolitical shifts, and a focus on sustainability. This transformation offers businesses both challenges and opportunities as they aim to ensure operational continuity and secure essential supplies.

  • Shoring trends: Regional and global perspectives
  • Strengthening supply chains with working capital financing
  • Supply chain financing post-crisis: Evolving landscape
  • Strategies for collaborative working capital financing
  • Platforms and fintechs in supply chains: Future outlook
15:00 – 15:30

ESG challenges and opportunities in transaction and corporate banking on the path to net zero

Banks play a pivotal role in assisting clients to achieve net-zero emissions by prioritizing ESG factors in transaction and corporate banking, including risk identification, sustainable trade financing, and ESG-aligned working capital solutions.

  • Collaboration for ESG integration in finance
  • Fintechs and service providers driving sustainability
  • Overcoming hurdles in ESG reporting standards
  • The rise of ESG in banking: What's next?
  • Measuring ESG performance: starting points
  • Government and regulator roles in ESG adoption
15:30 - 16:00

Data, privacy, and trust: Navigating the ethical of banking technology

16:00 – 16:30

Empowering customers, embracing change: The future of banking is now

16:30 – 17:00

Networking Tea Break

17:00 – 18:00

Closing Keynote Session

From virtual to real: Exploring the evolving landscape of virtual economies and digital assets

This session delves into the evolving landscape of virtual economies and digital assets, including NFTs, DAOs, stablecoins, CBDCs, and metaverses. It explores real-world implications, opportunities, and challenges, considering underlying technologies and regulatory frameworks.

  • Examining potentials and risks of tokenising traditional assets
  • Exploring DeFi for financial inclusion and banking solutions
  • Navigating CBDCs' impact on monetary policies and global currencies
  • Identifying regulatory frameworks for virtual economies and digital assets
Panelists include:
  • Hakan Eroglu

    Advisor – Innovation Hub, Bank for International Settlements (BIS)

  • Gerald Goh

    Co-Founder and CEO Sygnum Singapore

18:00

Closing Remarks and End of Summit

08:30 – 09:00

Registration and Morning Networking

09:30 – 10:15

Transaction finance in the digital age— Embracing disruption

Transaction finance is experiencing a whirlwind of digital disruption, driven by innovative newcomers offering more efficient, cost-effective, and user-centric solutions. This session unpacks the central challenges and opportunities posed by digital disruption, as both incumbents and disruptors explore strategies to adapt.

Talking Points

  • Charting the future of transaction banking: How can collaboration and partnerships reshape the industry?
  • Fostering collaboration between incumbents and disruptors to create a seamless transaction finance experience for customers
  • Assessing the current status of blockchain and its utilization in transaction finance.
  • How can the evolution of Generative AI drive unprecedented change in the world of transaction finance?
10:15 – 10:30

Customised Speaking Opportunity

10:30 – 11:00

Tea/ Coffee Break

11:00 – 11:45

Steering through supply chain realignment in 2024—Lessons in resilience

Global supply chains are undergoing a substantial recalibration, propelled by various factors such as rising inflation, geopolitical fluctuations, and the ongoing shift towards sustainability. This transformative process presents businesses with both challenges and opportunities as they strive to maintain operational continuity and secure vital supplies

Talking Points

  • A spotlight on the different shoring trends regionally and globally
  • Leveraging working capital financing to bolster supply chain resilience and foster growth in the context of realignment
  • The evolving landscape of supply chain financing in the wake of the supply chain crisis
  • Strategies for businesses, suppliers, and financiers to collaboratively establish a more efficient and inclusive working capital financing ecosystem
  • Exploring the evolving role of platforms and fintechs in supply hains: What's on the Horizon?
11:45 – 12:30

Panel Discussion

ESG challenges and opportunities in transaction and corporate banking on the path to net zero

In the pursuit of net-zero emissions, ESG considerations in transaction and corporate banking assume paramount importance. Banks are poised to assist clients in identifying and mitigating ESG risks, financing sustainable trade transactions, and offering working capital financing solutions that align with ESG objectives.

Talking Points

  • The imperative of collaboration among banks, businesses, and stakeholders to accelerate the integration of ESG principles into the financial sector
  • Exploring the contributions of fintechs and service providers in advancing sustainability
  • Overcoming the hurdles posed by the absence of standardised ESG reporting and disclosure frameworks in the finance sector
  • The reason behind the rise of ESG in transaction and corporate Banking, and what comes next?
  • Measuring ESG performance through KPIs and other metrics - Where to begin?
  • Exploring the roles of governments and regulators in championing the adoption of ESG practices in transaction and corporate banking

Invited panellists include:

12:30 – 14:00

Networking Luncheon

14:00 – 14:30

Digital assets in banking—Catalysts for transformation in transaction and corporate banking

Digital assets are ushering in a transformative wave within financial services, with their most promising applications found in cross-border payments, settlements, and trade finance. This panel will explore the importance of standardising definitions and regulatory frameworks, challenges, as well as the collaboration needed among regulators, central banks, traditional banks, and the private sector.

  • Exploring how tokenization revolutionizes trade finance instruments, enables fractional asset ownership and fosters a seamless trade ecosystem.
  • Evaluating both the advantages and obstacles in incorporating stablecoins or tokenized assets to improve liquidity management.
  • Discussing how tokenization expands access to trade finance opportunities by enabling fractional ownership of assets.
  • Examining the pivotal role of infrastructure development, such as blockchain platforms and custody solutions, in facilitating the adoption of tokenization
14:30 – 15:00

Treasury transformation in a real-time world: Navigating instant cash management and technological advancements

In the ever-evolving financial realm, the significance of instant treasury and cash management has reached an all-time high. This panel discussion will delve into the transformative tools and solutions that are driving this shift towards real-time financial visibility and control. Addressing the growing demand for immediate access to information, we will discuss critical role of technology in mitigating risks and enhancing efficiency, particularly in a high-interest-rate environment.

  • What factors are driving the demand for instant treasury and cash management solutions
  • How can these technologies streamline cash management and enhance decision-making?
  • In a 'higher for longer' interest rate environment, how can technology be employed to mitigate the associated risks and enhance cash management efficiency?
15:00 – 15:30

Safeguarding fintech frontiers—Strategies for mitigating financial and cybersecurity risks in an interconnected era

In an age where cyberthreats are growing increasingly sophisticated and elusive, organisations face the challenge of staying ahead of these adversaries. Two prominent emerging trends that hold the potential to provide an advantage against cyber attackers are predictive AI and data. However, the conundrum lies in achieving a delicate balance between offering a seamless customer experience and effectively detecting and preventing fraud.

  • Harnessing the power of predictive AI as a pivotal technology to counter the rising complexity of cyber threats
  • Recognising the central role of data in enhancing Anti-Money Laundering (AML), Counter-Terrorist Financing (CTF), and fraud detection efforts
  • Exploring strategies to harmonise the seamless customer experience with robust fraud detection mechanisms
  • Drawing insights from past experiences to shape future strategies, dissecting what has worked, what hasn’t, and how these lessons inform our technology, security, and risk management practices
15:30 – 16:00

Networking Tea Break

16:00 – 17:00

Closing Keynote

Beyond buzzwords: Unleashing the power of GenAI and LLMs in finance

The financial industry stands at the forefront of a profound transformation fuelled by advanced technologies such as generative AI (GenAI) and large language models (LLMs). The potential revolution in various aspects of finance, from customer service to fraud detection and financial advice, is palpable. These technologies are reshaping traditional practices to revolutionise risk assessment, refine decision-making accuracy, and create personalised customer experiences.

  • How GenAI and LLMs streamline and automate financial analysis processes, enhancing accuracy and efficiency in decision-making
  • How can businesses prepare for the coming changes?
  • How these technologies create highly personalised and responsive customer experiences, fostering improved engagement and satisfaction
  • Explore the role of AI in bolstering risk management, ensuring compliance with evolving regulatory frameworks and optimising operations
  • Use AI-driven models to develop innovative investment strategies, leveraging vast datasets to identify trends and opportunities in real-time
  • How to leverage GenAI and LLMs to gain a competitive edge and prepare for the AI-powered future of finance.
17:30

Closing Remarks and End of Summit

*Please note that this is a working agenda and topics and speakers are subject to change.

Agenda & Speaking Opportunities:

Exhibition & Sponsorship Opportunities:

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