WEBINAR: Role of FinTech in Face of the COVID-19 Pandemic

Event Code :WB182020
Venue :Online Webinar
Host Name :Online Webinar
Coordinator :
s
Date From :26 May 2020
Date To :26 May 2020

Descriptions


At the start of the pandemic, banks scrambled to increase remote capacity to allow employees to work safely from home. Transaction bankers have had to grapple with an extra layer of complexity: helping large multinational corporations and their vendors within the supply chain adapt to the huge disruption caused by the Covid-19 crisis.  Some more nimble corporate clients have already turned to advanced technology to support ‘business as usual,’ while others need a little more hand-holding.

 

According to Deloitte, the COVID-19 pandemic may create new opportunities for some FinTechs as the broader economy shifts from “respond' to 'recover”. In the new report, “Beyond COVID-19: New opportunities for fintech companies,” Deloitte explains that many FinTechs, like the wider financial services sector, have "gone into overdrive to respond to the crisis".

 

The purpose of this SEACEN Special Webinar on “The Role of FinTech in Face of the Current Crisis” is to explore and discuss the current situation in FinTech, including the regulatory environment within the context of a nascent eco-system facing its first major crisis. In addition, we will explore the role of FinTech in responding to the current crisis and examine whether new Payment Services Providers or alternative lenders (also known as peer-to-peer lenders or online marketplace lenders) have a role in the distribution of economic stimulus to households and SMEs.

 

Our special guests for this session will be:

  1. Mr. Sopnendu Mohanty, Chief FinTech Officer, Monetary Authority of Singapore
  2. Mr. Johannes Ehrentraud, Senior Advisor, Financial Stability Institute,
  3. Mr. Ridzuan Aziz, President, Fintech Association of Malaysia, and
  4. Dr. Ole Rummel, Director, Macroeconomics & Monetary Policy Management, The SEACEN Centre

 

The session will be moderated by Mr. Glenn Tasky, Director, Financial Stability and Supervision / Payment and Settlement Systems, The SEACEN Centre.