Singapore has been a key hub of innovation for domestic payments in APAC. The progress on the cross-border payments, however, has been comparatively slower which means the cost of moving money across border is expensive and inconsistent. While ISO20022 and CBPR+ standards bring in common messaging formats, country-specific rules, local regulations, and continued reliance on key network banking payment infrastructures mean an inconsistent payment journey for businesses and Payment Service Providers alike. LexisNexis® Risk Solutions along with Singapore FinTech Association welcomes you to explore reasons behind most common causes behind high operating cost, unexpected delays, higher cost of transaction or lower Straight-through-Processing. The causes, if addressed well, could help realise a frictionless cross-border payment experience for our customers.
Seating is limited, and confirmations will be sent out by LexisNexis® Risk Solutions.
Event Date: June 25, 2024
Event Time: 2:00 pm - 6:00 pm SGT
Event Venue: Meeting Room 1 at LexisNexis® Risk Solutions Singapore Office
Address: 3 Killiney Road #08-08, Winsland House 1, 239519