Executive Director and Head of Payments and Mobile Wallets
Standard Chartered Bank
3:40 PM Co-opetition in Payments
Business and technology models continue to evolve in cashless payments. Banks as well as non-bank FinTech players have tested several variants in collaboration and in competition with each other. Given the biggest competition in most markets is still cash and not alternate e-payments solutions, co-opetition may be the key to success.
In this Session…
· Build horizontal scale or defend with vertical integration?
· Think client, think user experience.
· The power of network effects – within and across networks.
· Industry examples from Singapore