View all newsletters
Receive our newsletter – data, insights and analysis delivered to you
  1. News
October 23, 2020

EPA launches ‘Virtual Fintech Trade Mission’ to help open doors for UK payments companies in APAC

By Mohamed Dabo

The Emerging Payments Association (EPA), which promotes collaboration and innovation across payments, has launched its inaugural virtual fintech trade mission to Asia.

Free Report
img

Prepare for changes in the Payments market

 The Payments market has seen drastic changes in the past few years, with this only expected to continue. What does your company need to do to prepare for what’s to come? GlobalData’s Payment Trends for 2022 report explores the key trends in technology, consumer habits, and regulations shaping the market. We also identify the leading companies in this changing market, giving you a competitive market outlook. This report covers the impact of:
  • ESG
  • E-commerce
  • Mobile payments
  • Alternative payment rails (Real-Time Payments, Blockchain, BNPL)
  • Fraud & Cybersecurity
  • Regulations
Download the report now to learn essential strategies to maximize your growth in the face of rapid change.
by GlobalData
Enter your details here to receive your free Report.

The initiative aims to connect key industry players from across the payments value chain, including regulators, banks, fintechs and other service providers.

Taking place from 23rd October – 3rd November, the virtual fintech trade mission provides an important gateway into the lucrative Asian payments market, whilst promoting the UK and London as a global hub for FinTech and PayTech expertise.

Across the 10 days of the summit, the EPA will provide networking opportunities for all delegates, as well as host keynote presentations, panel discussions and in-depth fintech clinics on topics including the rise of virtual banking and challenger bank adoption, Open Banking, navigating regulation, and digital identity.

Building business “through new markets and verticals”

Through one of the EPA’s six stakeholder groups, Project International Trade, and in collaboration with EPA Asia, the EPA is aiming to encourage the growth and development of its 130 member-strong global community.

Tony Craddock, Director General of the Emerging Payments Association, commented:

“As payments evolve and develop on a global scale, we want to help our members build and expand their businesses through new markets and verticals. The APAC region provides a pivotal prospect for this and we are thrilled to provide such an innovative virtual opportunity for some of the leading businesses across UK payments and fintech.”

Asia is the largest market for digital payments, has high levels of investment, greater relaxation of regulation, and a young demographic with an increased appetite for emerging and mobile technologies.

Asia-Pacific accounts for three-quarters of global payment transactions

The APAC region itself accounts for almost three-quarters of global payment transactions, and with higher revenues associated with electronic transactions compared to cash, this represents a huge opportunity for the EPA’s membership base.

Shaun Puckrin, Chief Product Officer of Global Processing Services (GPS), said:

“The EPA Virtual Fintech Trade Mission to Asia provides a fantastic opportunity for companies looking to be at the forefront of fintech and payments in the region. The event allows them to keep a finger on the pulse of important developments and changes in consumer behaviour and payments technology post-COVID, as well as help identify emerging opportunities moving into 2021.”

 

 

Free Report
img

Prepare for changes in the Payments market

 The Payments market has seen drastic changes in the past few years, with this only expected to continue. What does your company need to do to prepare for what’s to come? GlobalData’s Payment Trends for 2022 report explores the key trends in technology, consumer habits, and regulations shaping the market. We also identify the leading companies in this changing market, giving you a competitive market outlook. This report covers the impact of:
  • ESG
  • E-commerce
  • Mobile payments
  • Alternative payment rails (Real-Time Payments, Blockchain, BNPL)
  • Fraud & Cybersecurity
  • Regulations
Download the report now to learn essential strategies to maximize your growth in the face of rapid change.
by GlobalData
Enter your details here to receive your free Report.

Topics in this article:
NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. A weekly roundup of the latest news and analysis, sent every Wednesday.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU

Thank you for subscribing to Electronic Payments International