Breaking Banks Asia Pacific Rachel Williamson

The team from Breaking Banks Asia meet forward thinkers to sum up last week's Money 20/20 Asia conference with a focus on the investment outlook for startups and fintechs, the key themes coming out of the conference and how banks and their competitors are teaming up to innovate.







Guests:







- Scarlett Sieber, Chief Strategy and Growth Officer at Money20/20







- Dennis Pratistha, Chief Investment Officer, Mandiri Capital Indonesia







- Tim Poskitt, Fintech Managing Director - APAC, Startupbootcamp







Produced by Rachel Williamson and Charis Palmer, with sound engineering by Kevin Hirshorn. 

In this second part of our series on cash, cards and digital wallets, we shift our focus to the challenges and opportunities of an entirely digital payments world and look to the innovation happening beyond consumer payments. 







We start with the legacy of India's controversial 2016 demonetisation program, explore the role of central banks in cutting back cash, and investigate the future of cross border payments, where things are heating up.







Guests:







Monica Jasuja, Ambassador, Emerging Payments Association Asia







Anthony Thomas, Non-executive Chairman, MoMo; MD, Fintech, Delivery Hero







Brad Pragnell, Principal, 34 South 45 North







Richard Holden, Professor of Economics, UNSW Business School







Produced by Charis Palmer and Rachel Williamson, with sound engineering by Kevin Hirshorn. Music credits to Raz Burg, Mahesh Vinayakram and BalloonPlanet. 

Debanking is a real problem for fintechs operating in Australia. Local companies and foreign intrants alike are not immune to a 30-minutes-to-midnight text saying "your accounts will be closed from tomorrow". 







Stuart Stoyan, founder of Moneyplace and former chair of Fintech Australia, is in no mood for making nice after five years of inaction from governments and regulators and feeling the humiliation himself of being told you can't be trusted with your customers' money, or data. 







We discuss who's been broken up with via text and ghosted, the chilling effect on doing business as a fintech in Australia, and Stoyan's views on the real reasons why banks have had to be told by the top finance cop, "don't be dicks". 







Produced by Rachel Williamson and Charis Palmer, with sound engineering by Kevin Hirshorn. Music credits to Raz Burg and BalloonPlanet.

In Part 1 of this two-part show we explore the resilience of cash for payments.







From cards and digital wallets to superapps and digital currency, we ask the experts what’s the killer app to kill cash in Asia, and what would mass uptake of global digital payments mean for financial inclusion in our region.







Guests:







Anthony Thomas, MoMo







Jason Bryce, Cash Welcome







Brad Pragnell, 34 South 45 North







Monica Jasuja, Emerging Payments Association Asia







Produced by Charis Palmer and Rachel Williamson with sound engineering by Kevin Hirshorn. Music credits to Charlie Ryan, Mahesh Vinayakram and BalloonPlanet.

There's a story told by the World Bank that in 2009 more people in the Philippines had a mobile phone than a bank account – despite there still being some 450 rural banks alone in the country. Today, that story might be apocryphal and it also doesn't mean Filipinos don't have incredibly complex financial lives as GCash, employer loans, remittances, cash, and QR payments might all be used for income within a single family. 







Netbank cofounder and Philippines banking and fintech investor Gus Poston says organising and simplifying the complicated patchwork of Filipinos' financial realities is one of the biggest fintech opportunities in the country. 







Produced by Rachel Williamson and Charis Palmer, with sound engineering by Kevin Hirshorn. Music credits to Raz Burg and BalloonPlanet. 

Regtech is the unloved tech cousin of the fintech world. It's the one which follows the rules and makes sure everyone else does too. But in an industry where not following the rules leads to some of the most spectacular catastrophes in history, it's no surprise that it's a sector on the rise -- how could it not be when it's the darling of banking regulators? 







Deborah Young is the CEO of the RegTech Association, and is responsible for shepherding the different arms of the sector into one direction. She says it's growing at a rate of knots as trust and transparency become catch cries for regulators and consumers alike.