Digital Banking Solutions Series on Platforms 2020 | The World Bank | 19 February 2020 |

The SME Finance Forum is hosting a two-session webinar series on Digital Banking Solutions, the first on platforms and the second on automation. Digitalization has led to disruption in banking, challenging conventional practices, opening up many new partnership opportunities and making it possible for new entrants to provide innovative products and services at a lower cost to the customer. In this series, we will be looking at some of the most important new digital models and how banks and financial institutions can utilize data, analytics, and partnerships, to incorporate innovative SME finance products and redesign traditional business models.

Much hoopla is accompanying concepts such as "open banking" and "bank-fintech partnerships". What is less discussed is how difficult it is for many financial institutions to connect to fintechs and realize the potential of new solutions. Most banks still remain dependent on their IT departments and resources, which is why many banks fear that digitalization will lead to even greater dominance of the finance industry by a few large players. It is also why even smaller countries are fearful as their regulators have fewer resources to learn about and figure out how to govern financial technologies. Therefore, many are excited about platforms being created to facilitate bank-fintech interaction, providing a common utility that reduces costs of learning and testing.

In this session we will hear from AFIN and API Exchange (APIX), the world’s first cross-border, open architecture API marketplace and sandbox platform for collaboration between fintechs and financial institutions, and a partner bank that has successfully utilized these platforms. They will discuss the benefits of platform-based banking increased flexibility, increased personalization and cross-industry collaboration as well as some of risk surrounding data sharing and how to prevent unintended data sharing.

2020 Speakers and Advisory Board

Manish Diwaan
Managing Director, ASEAN Financial Innovation Network - AFIN

Pieter Franken
Director, AFIN/AFIX

ADVISORY BOARD:

Natascha Beinker
Deputy Head of the Division, German Federal Ministry for Economic Cooperation and Development (BMZ)

Paulo de Bolle
Senior Director, IFC

Issac Awuondo
Group Managing Director, Commercial Bank of Africa (CBA)

Thomas DeLuca
CEO, AMP Credit Technologies

Dawei Liu
Senior Vice President, CreditEase

Jay Singer
U.S. Commercial Products, MasterCard Worldwide

2020 Partners, Sponsors and Donors

STRATEGIC PARTNERS:
• GPFI
• IFC International Finance Corporation

POLICY PARTNERS:
• ABAC
• OECD
• World Economic Forum

MARKETING PARTNERS:
• Finn Summit
• Finovate
• Fintech Stage
• Lendit
• Development Finance
• Harbour Times
• The Banker
• Lendit Fintech USA
• Money Asia 20/20
• Money Europe 20/20
• Money USA 20/20
• BCR

INDUSTRY PARTNERS:
• Cap Plus CapitalPlus Exchange
• Financial Alliance For Women
• Global Alliance For Banking On Values
• CAFI
• SME Banking Club
• Felaban
• Medici
• Opportunity network
• BFA
• The Banking Association South Africa
• Empea
• FCI
• InFine
• Making Finance Work For Africa
• Microfinance Centre
• The Montreal Group
• Women's World Banking
• Chinavbf
• WBAF
• Regar
• ADFIAP
• US Chamber of Commerce
• ADFIMI
• Febis
• EESPA
• ABCD

STRATEGIC PARTNERS:
• GPFI
• IFC International Finance Corporation

POLICY PARTNERS:
• ABAC
• OECD
• World Economic Forum

MARKETING PARTNERS:
• Finn Summit
• Finovate
• Fintech Stage
• Lendit
• Development Finance
• Harbour Times
• The Banker
• Lendit Fintech USA
• Money Asia 20/20
• Money Europe 20/20
• Money USA 20/20
• BCR

INDUSTRY PARTNERS:
• Cap Plus CapitalPlus Exchange
• Financial Alliance For Women
• Global Alliance For Banking On Values
• CAFI
• SME Banking Club
• Felaban
• Medici
• Opportunity network
• BFA
• The Banking Association South Africa
• Empea
• FCI
• InFine
• Making Finance Work For Africa
• Microfinance Centre
• The Montreal Group
• Women's World Banking
• Chinavbf
• WBAF
• Regar
• ADFIAP
• US Chamber of Commerce
• ADFIMI
• Febis
• EESPA
• ABCD

DONORS:
• Canada
• USAID
• BMZ
• Ministry of Strategy and Finance, Korea
• Ministry of Foreign Affairs of the Netherlands
• UKAid

SPONSOR:
• Verde International