The New World of Data: Challenges and Opportunities for the Payments Ecosystem and Fintechs brings together experts, policymakers, and industry leaders to explore the transformative potential of data in shaping financial ecosystems.
This roundtable will build on the calls to action from the discussion at the Insight Forum in Singapore in November 2024:
- Ensuring industry representation of MSME voices in policymaking
- Paving the way by conducting gap analyses to identify regulatory mismatches and prioritizing actions for the greatest impact
- Fostering partnerships and developing open APIs to promote interoperability, prioritising secure, privacy-compliant data-sharing mechanisms that enable seamless integration across platforms
- Increasing the awareness of the transformative potential of Privacy Enhancing Technologies
A key element of the conversation will focus on the necessity of reaching consensus on the use of data in trade, which is critical to fostering seamless global commerce, reducing inefficiencies, and enabling MSMEs to thrive. Additional topics include access for all to Open Data frameworks, regulatory interoperability, digital ecosystem integration, and privacy-enhancing technologies.
Participants in this interactive roundtable will engage in actionable discussions, inspired by global case studies, to address challenges like regulatory fragmentation, MSME inclusion, and trust in data-sharing systems. The session aims to foster collaboration, innovation, and the development of harmonized strategies for a secure and inclusive financial future.
