The Malaysian Association of Money Services Business Supported by The
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The Malaysian Association of Money Services Business supported by the Malaysia Digital Economy Corporation (MDEC) will be organizing the Money Services Business Asia Pacific Conference 2017 with the theme of Harnessing Innovation For The Sustainability Of The Money Services Business Industry. This conference will see currency exchange and remittance indus- try players, regulators, technology companies, banks, inter-governmental agencies, merchant service providers, telecommunication companies, mobile money service providers, as well as complementary services providers to the MSB industry such as legal, compliance, audit and security from the Asia Pacific region come together to discuss the future of the industry. This conference aims to discuss the various innovative solutions and technological advancements in the money services business industry that have and will enhance customer experience, products and services as well as accessibility via more cost-effective means. This event will explore the global currency exchange and remittance markets and the development impact of this industry in the Asia Pacific Region. We will look at how the industry is evolving to meet the needs of the customer while leveraging on latest advancements. We will look at the opportunities and threats to continued industry growth and development. This event will showcase the dynamism and innovation of the currency exchange and remittance marketplace and serve as a platform where views can be exchanged on how to address obstacles and challenges. We will have sessions to discuss how innovation and the race for relevance and success is fueling the remittance and currency exchange business models, MSB products, rise of FinTech and RegTech, financial inclusion, wallet, e-payment, cryptocurrency, bitcoin and blockchain. In the Money Transfer Asia Pacific Conference 2015 that we organized with the International Association of Money Transfer Networks in November 2015 at Kuala Lumpur, we saw over 400 delegates from 32 countries congregate here to be part of the discussion on the vibrant and ever changing money services business landscape. This year we hope to build on the success of the 2015 conference and break new ground in looking at innovation and new entrants in the MSB industry in the region that are powering the bright future of the industry. About The Malaysian Association of Money Services Business (MAMSB) The Malaysian Association of Money Services Business or MAMSB was formed on 22 August 2013 and officially launched on 9 January 2014. It is the national association for Money Service Business (MSB) companies in Malaysia which have been granted licences under the Money Services Business Act 2011 (MSBA) as well as those enterprises that have been approved as MSB agents to principal licensees under the MSBA. MAMSB has over 500 members that engage in three main types of money services businesses that are governed under the MSBA: money-changing business remittance business wholesale currency business which supports the retail money-changing business. MAMSB’s vision is to be a respectable driving force to modernise and enhance the professionalism of the MSB industry while championing the interest of its members. *Please take note that the Conference Agenda is subject to change Conference at-a-glance Day One - 5 September 2017 Welcoming Remarks Keynote Address Setting The Stage: New Age For MSB – 2017 And Beyond Alternative Facts: The Disruptors’ View Of The Future Technology: Opening Doors For Financial Inclusion Fintech Regulatory Outlook: Regulating Disruption The Evolution Of Compliance And Rise Of RegTech Networking Dinner In Day One, we will be delving into what is driving the significant changes the currency exchange and remittance industry is undergoing, challenges and future prospects in the marketplace from a diverse range of industry leaders, leading authority and game changers. We will also delve into how technology is testing the boundaries and shaping regulations. We will hear how the challenges around anti-money laundering and counter terrorism financing are becoming more sophisticated which is forcing players to innovate and turn to RegTech and technology for answers. Financial inclusion is seen as key to reducing poverty and driving growth in this region and we will be exploring how innovative collaborations and technology are energizing efforts towards greater financial inclusion. Day Two - 6 September 2017 Opening Address Man vs Machine: What Is The Answer To Shaping The Future MSB Business Model? Currency Exchange: What Does The Future Hold For The Industry? Innovative Products That Are Making Waves Is The Future Cashless? Remittance Disruptors That Are Breaking Barriers And Building Bridges Disrupting From Within Key Takeaway & Wrap Up In Day Two, we uncover how currency exchange and remittance industry leaders and trendsetters are responding to changes taking place locally and globally and how they are exploiting new technology to stay competitive. We hope to inspire a call to action in your own journey to build a sustainable business as we explore how leading companies are transforming the local and regional marketplace as well as hear success stories of internally driven transformation of traditional businesses in their fight to remain relevant. *Please take note that the Conference Agenda is subject to change Day 1 - 5 September 2017 Day One focuses on the latest trends, developments, challenges and new growth opportunities in the MSB marketplace from the lens of industry leaders, subject matter experts and latest forces that are disrupting this space. Date Session 5 September 2017, Registration & Networking Breakfast 8.30am – 9.45am 5 September 2017, Opening Remarks 9.45am – 9.50am 5 September 2017, Welcoming Remarks by the President of MAMSB 9.50am – 10.00am Mr. Ramasamy K Veeran 5 September 2017, Keynote Address and Opening 10.00am – 10.30am Yang Berusaha Pn. Jessica Chew Cheng Lian Assistant Governor, Central Bank of Malaysia 5 September 2017, Morning Refreshments & Tour to Exhibition Hall (Conference Hall 2) 10.30am – 11.00am 5 September 2017, Setting The Stage: New Age for MSB - 2017 and Beyond 11.00am – 12.30pm This session provides an overview of the developments in the currency ex- change and remittance marketplace, the challenges faced and what does the future hold for MSBs and the opportunities over the next 5 years. Moderator: Mohit Davar (IAMTN) Panellists: Sebastian Plubins (Ria), Bassem Awada (Western Union), Rakesh Aravind (Travelex), Isaku Endo (World Bank), Yogesh Sangle (MoneyGram) 5 September 2017, Alternative Facts: The Disruptors’ View of The Future 12.30pm – 1.30pm This session delves into the view of disruptors and players that are adding new dimension to the MSB space of what is in store, how they will distribute value and the opportunities they see over the next few years. Moderated by Arvind Patmarajah (Rainmaking Innovation) Panellists: Jason Lau (OK Link), Lisa Nestor (Stellar.org), Ron Hose (Coins.ph) Sia Hui Yong (Tranglo) *Please take note that the Conference Agenda is subject to change Day 1 - 5 September 2017 Date Session 5 September 2017, Networking Lunch 1.30pm – 2.30pm 5 September 2017, Technology: Opening Doors For Financial Inclusion 2.30pm – 3.15pm This session will provide insights as to how these organizations are combining economic empowerment and community building with the latest innovations to reach a wider group of the unbanked/underserved population in the region. Moderator: Shalini Pavithran (MAMSB) Panellists: Robin Gravesteijn (United Nations Capital Development Fund), Isaku Endo (World Bank), Eric Guichard (Global Mesa Ltd) 5 September 2017, Fintech Regulatory Outlook: Regulating Disruption 3.15pm – 4.15pm This session discusses the regulatory initiatives to foster innovation and their piv- ot to the future. What are the key considerations in balancing, nurturing innova- tion and managing the impact of innovations in technology, including disruption from FinTech and the growing interest in RegTech. Moderator: Mohit Davar (IAMTN) Panellists: Buncha Manoonkunchai (Bank of Thailand), Djauhari Sitorus (World Bank), Aznan Abdul Aziz (Central Bank of Malaysia) 5 September 2017, Afternoon Refreshments & Tour To Exhibition Hall (Conference Hall 2) 4.15pm – 4.45pm 5 September 2017, The Evolution of Compliance and Rise of RegTech 4.45pm – 6.00pm This session brings together experts and industry practitioners to share their views on how compliance is evolving and advancing with technological advance- ments through RegTech. But is this cool kid in the block for everyone or does it make sense for deep pockets only? What can be done to reduce the cost of compliance for MSBs? Moderator: V. Maslamani (Al Rajhi Bank) Panellists: Tim Byun (OK Link), Ashim Banerjee (Jetixa) Miguel Aguado (Ria), Sachin B Singh (Dow Jones) *Please take note that the Conference Agenda is subject to change Day 1 - 5 September 2017 Date Session 5 September 2017, End of Conference Day 1 6.00pm 5 September 2017, Delegates Adjourn to Lanai Kijang for Networking Dinner 6.00pm – 6.30pm 5 September 2017, Registration & Cocktails 6.00pm – 8.00pm 5 September 2017, Arrival Of Guest Of Honour 8.00pm Yang Berusaha Pn. Jessica Chew Cheng Lian Assistant Governor, Central Bank of Malaysia 5 September 2017, Welcoming Remarks 8.05pm 5 September 2017, Dinner & Entertainment 8.10pm – 10.30pm 5 September 2017, End of Day 1 10.30pm *Please take note that the Conference Agenda is subject to change Day 2 - 6 September