Payments Group Subcommittee

PAYMENTS GROUP
SUBCOMMITTEE

OBJECTIVES

ENGAGEMENT WITH REGULATORS

1. ENGAGEMENT WITH REGULATORS

a) Represent the Payments community in Singapore and engage with regulators in a constructive manner regarding current and future state regulations, market structure and practices within the financial services sector.

b) Be the independent voice and bridge between the FinTech ecosystem and the regulators in the area of Payments.

ENGAGEMENT WITH INDUSTRY

2. ENGAGEMENT WITH INDUSTRY

a) Organise events to promote awareness and the adoption of technological innovation, solutions, and collaboration between the financial services sector within the Payments industry.

b) Support the Payments ecosystem by providing updated market insights, sharing of key developments and mutual understanding of the needs and challenges faced in Payments.

c) Be the bridge between the Payments industry with start-ups, ecosystem participants and regulators in the financial services sector.

NURTURE THE DEVELOPMENT OF THE ECOSYSTEM

3. NURTURE THE DEVELOPMENT OF THE ECOSYSTEM

a) Work with other associations in Singapore and elsewhere to broaden the application of Payments and growth in the broader Asia region.

b) Facilitate the development of the partnerships, collaboration, and growth of Payments ventures.

c) Support the development of the ecosystem through collaboration with other associations and provide a platform for collaboration and building connections through formal and informal events and activities.