The coronavirus pandemic has undoubtedly accelerated the shift to digital first lifestyles. Many individuals who were never, or very rarely, online, are now transacting digitally.

However, at the same time, this shift has worsened inequalities, digital poverty and exclusion across the UK. Individuals and families are still excluded from financial and other essential online services, and struggle with accessing and developing the digital skills and confidence needed for them to truly benefit from the UK’s world leading digital economy. This keynote will discuss how, as global and UK payment systems evolve, we can facilitate better lives through better payment outcomes.

Presented by Jason Field, Vice President, Fintech & EMI Issuers, Mastercard

Smaller banks and Payments businesses are facing a fundamental threat to their operations that could have global societal and economic risks. The risk averse strategies of the big banks – de-risking from certain markets and geographies to reduce their future exposure – are creating operational, customer loyalty and revenue threats.

Hear from an expert panel as they discuss how de-risking is impacting the industry – how are Payments businesses dealing with a decreasing network of correspondent banks and increasing costs from their remaining banking partners? What are the strategies for addressing the service gap; can new players fill the vacuum left by big banks, and what’s next for the payments industry?

Panelists:

• Mitch Trehan, Head of Compliance and MLRO, Banking Circle
• Mark Hewlett, Director of Product & Infrastructure, GC Partners
• Mike Southgate, Chief Operations Officer, Hamilton Court

Moderator: Mark Beresford, Director, Edgar, Dunn & Company 

After years in the cards business, B4B Payments takes a look back at a truly transformative 24 months. Whilst navigating Brexit and the changes to passporting and interchange rates, along with Covid and the shifting ways people use cash, they’ve become an EMI in both the UK and Europe, a Principal Member of Mastercard, and launched in the US market.

Witnessing the changing needs of corporates and an increasingly dynamic payments landscape, they’re now taking things to the next level, leveraging payment infrastructure to evolve into a BaaS provider, and deliver real-time digital payment innovation.

Presented by Paul Swinton, CEO, B4B Payments

Jayne Sibley is the driving force behind FinTech start-up – Sibstar.

Sibstar is a new highly secure, debit card and app designed to help families living with dementia to safely manage their everyday spending.

The idea of Sibstar was born from Jayne’s experience of caring for her parents, both of whom are living with dementia. She understands, first hand, the challenges of enabling people with dementia to remain independent whilst keeping their day to day money safe.  And it’s this which she is determined to change.

Looking back and looking forward on the regulatory framework for fintech, the panel will consider the impact of tighter rules, increased scrutiny and mounting obligations, the case for calling time on e-money and what’s holding the sector back.

Panelists:

• Melissa Corkhill, Head of Risk & Compliance (UK), Modulr
• Tim Hoskins, Global Head of Operations and Commercial Officer, Glint
• Kai Zhang, Special Counsel, K&L Gates
• Luc Gueriane, Chief Commercial Officer, Moorwand

An expert view from inside Europe’s fintech boom with Peter Cox, Executive Chairman and Founder, Contis

Europe is seeing record fintech investment. But is it a boom or a bubble? In this exclusive interview, Peter Cox joins PIF’s Chris Ellis for a candid conversation on the new age of payments, keeping up with rapid innovation in Banking-as-a-Service and embedded finance, the importance of a path to profitability, the impact of regulation on fintechs and the secret to a successful exit.

Gareth Narinesingh, HooYu‘s Head of Digital Identity, will explain how it works, how it enhances the customer onboarding experience and how it can be used as an effective eKYC tool which will raise AML control standards without significant investment.

This session will reference an important case study to be aware of in the FCA’s regulatory sandbox and set out a vision for a digital identity trust scheme across the UK payments fintech sector.

The global pandemic is reshaping the financial services ecosystem as the demand for digital deepens. Banking-as-as-Service (BaaS) is becoming a major focus for fintechs with emerging opportunities to dramatically widen access to innovative digital financial services. As BaaS presents opportunities for fintechs and opens up banking and payments to non-financial brands, the panel will discuss the transformation of the financial services landscape and the opportunity BaaS presents.

Panelists:

• Andy Lyons, MD Head of Banking & Partnerships, Contis
• Stuart Barclay, Head of FI Strategy, Trustly 
• Paul Swinton, CEO, B4B Payments 

The outlook on payments regulatory developments in key markets with Brian Tate, President & CEO, Innovative Payments Association, USA, Julija Antanaviciute, Head of Compliance, B4B Payments, Lithuania, Kai Zhang, Special Counsel, K&L Gates, Nick Wright, Senior Manager, FSCom and Giedre Mitkute, Associate, Locke Lord LLP

 

The PIF AGM is our yearly meeting of members and the PIF Board of Directors. It offers exclusive content and a unique space to discuss the most pressing issues facing the industry. Importantly, it is where PIF members have their say in what we’re doing to drive improvement and stability in the industry.

When: Wednesday, 20 October from 14:00-17:30 followed by networking drinks

Where: One Moorgate Place, London, EC2R 6EA

The PIF AGM is a member-only event and free to attend by up to 3 people per member organisation.

If you’re unable to attend in-person, you can watch the live-stream or watch the recording.

Be inspired by success stories, case studies, thought-leadership and lessons learned along the way through the lens of fintechs large and small.

Now in its 14th year, PIF’s flagship event offers timely and relevant content from experts across the payments ecosystem. Each session is designed to stimulate engaging discussions on payments industry trends, challenges and opportunities.

When: Thursday, 21 October from 09:00-17:30 followed by networking drinks

Where: Banking Hall, 14 Cornhill, London, EC3V 3ND

PIF Members: Free of charge (up to 3 seats per member organisation) Non-members:  £122.50 + VAT (early bird until 30 September)

If you are unable to attend in-person you can watch the recording on this page shortly after the event.