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08:00 - 09:00 | Registration |
| 09:00 - 11:00 | FIGI SYMPOSIUM OPENING PLENARY
Lighting of lamp ceremony
Welcome Address
- Anuradha Mitra, Member (Finance), Department of Telecommunications (DoT), Ministry of Communications, India [ Biography ]
- Bilel Jamoussi, Chief Study Groups Department, Standardization Bureau, International Telecommunication Union (ITU) [
Biography ]
Special Address
- Aruna Sundararajan, Secretary, DoT, Ministry of Communications, India
- Ajay Prakash Sawhney, Secretary, Ministry of Electronics and IT
- R S Sharma, Chairman, TRAI [ Biography ]
Keynote Address
- Hon. Manoj Sinha, Minister of Communications, India
India Showcase
The India Showcase session will focus on digital financial services implementation in India and the government policies and innovations which have resulted in an increase in transaction account ownership. Innovations such as the India stack, Aadhaar digital ID and unified payments interface and their impact on financial inclusion as well as the new policy framework for digital financial inclusion will be discussed.
Moderator: Pawan Bakhshi, India Country Lead, FSP, Bill & Melinda Gates Foundation
Panelists:
- P K Sinha, Advisor (F), DoT, Ministry of Communications, India
- Madnesh Kumar Mishra, Joint Secretary, Department of Financial Services (DFS), Ministry of Finance
- Surekha Marandi, Executive Director, Financial Inclusion, Reserve Bank of India
- Dilip Asbe ,CEO In Charge, NPCI
- Peeyush Kumar, Joint Secretary, DBT
- Shashi Arora, CEO, Airtel Payment Bank
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11:00- 11:20 | Coffee Break and Group Photo |
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11:20- 13:15 |
TRACK 1: SECURITY, INFRASTRUCTURE, TRUST (SIT)
This session will present the work which is ongoing in the Security, Infrastructure and Trust working group of FIGI and provide an overview of the work that will be undertaken over the next three years. Moreover three sessions are planned on Securing the Infrastructure for DFS, Distributed Ledger Technologies and Unlicensed Digital Investment Schemes to share some preliminary findings at this Symposium.
Introduction to the SIT Working Group: Vijay Mauree, ITU and Security, Infrastructure and Trust Working Group Lead
[ Biography I Presentation ]
Session 1:Securing the Infrastructure for DFS
The objective of this session is to provide an insight into the vulnerabilities in the DFS ecosystem which can impact trust in using Digital Financial Services. The session will include a demo of the SS7 vulnerabilities and how information sent over communications channel can be intercepted and an overview of the work which is ongoing in the working group to address these issues.
Moderator: Leon Perlman, Columbia Business School and Security Workstream Co-Leader
Panelists:
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Mitigating telecom threats on DFS transactions, Assaf Klinger, Vaulto [
Biography ]
- Kevin Butler, University of Florida
- Narendra Nath Gangavarapu, Deputy Director General (Security), DoT, Ministry of Communications, India [ Biography I Presentation ]
Session 2: Distributed ledger technologies: Implications for digital financial services and financial inclusion
Today, technology is revolutionizing every aspect of finance, including access, affordability and flexibility. Among all the emerging technologies, arguably the most profoundly transformational is the advent of distributed ledger technology (“DLT”) which has the potential to make it cost-effective to deliver financial services to nearly everyone, regardless of location or socio-economic status.
DLT shows promise for financial inclusion benefits across a wide range of functions. This session will examine emerging regulatory issues and strategies and explore evolving best practices that can leveraged to promote financial inclusion goals.
Moderator: Matthew Van Buskirk, Founder, Hummingbird Tech
Draft Discussion Paper on DLT and Financial Inclusion
Panelists:
- Ganesh Kumar, Executive Director, Reserve Bank of India [ Biography ]
- Navin Gupta, Country Manager, Ripple India [
Biography ]
- Sanjay Jain, Chief Innovation Officer, iSpirit Foundation [ Biography ]
- Daniel Gersten Reiss, Acting Head, Banking Operations and Payment System Research Division, Central Bank of Brazil [ Biography ]
- Roland Haggins, Vice President, Bitt
- David Wen, Chairman, ITU-T Focus Group Digital Currency including Digital Fiat Currency (FG DFC)
- Harish Natarajan, World Bank [ Biography ]
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| 13:15 - 14:15 | Lunch |
| 14:15 - 15:45 | TRACK 2: ELECTRONIC PAYMENTS ACCEPTANCE (EPA)
Session: Technology and business model innovation to promote EPA
Giving individuals access to transaction accounts is not sufficient. Beyond achieving universal access – whereby all adults worldwide will be able to have access to a transaction account or an electronic instrument to store money, send and receive payments – there is also the key issue of whether a transaction account actually provides benefits to its users, which is very often reflected in how frequently that account is used, including to access other financial services. Wide acceptance of non-cash payments is a pre-condition to uptake and effective usage of transaction accounts. In developing economies, there still is a large opportunity to accelerate the development of wide electronic payment acceptance networks to underpin a large-scale shift to electronic payments. Technological and process innovation allows seizing this opportunity by expanding the range of instruments and enhancing efficiency, while new intermediaries tackle hard-to-reach markets and pain points across the payment value chain. This panel session will present experiences from across the globe in applying technology and business model innovations to promote electronic payment acceptance.
Session chair: Ganesh Kumar, Executive Director, Reserve Bank of India [ Biography ]
Panelists: - Amina Tirana, Senior Director for Governments and Partnerships, VISA [ Biography ]
- Ashraf Sabry, CEO, Fawry, Egypt [ Biography ]
- Hongwei Luo, Senior Standardization Expert, ANT Financial, China [ Biography ]
- Dilip Asbe, CEO in Charge, National Payments Corporation of India [ Biography ]
- Praveen Kumar Gupta, Managing Director (Digital Banking) SBI [ Biography ]
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| 15:45 - 16:00 |
Coffee Break |
| 16:00 - 17:30 | TRACK 3: DIGITAL IDENTITY
Session: Digital ID for Financial Inclusion: a path paved with promise
Today's identity infrastructure limits the potential of financial services and fintech innovations to realize the vision of financial inclusion. Digital identification could improve core processes and bring greater efficiencies to financial sector delivery, expand the greater usage of accounts and other digital financial services, and improve regulatory monitoring and compliance in areas such as AML/CFT. While promising, the road to digital ID is not without significant challenges, whether in areas of security or verification, isolated service or transaction models, ineffective technology, stakeholder rejection, or policy changes. This panel session will present experiences from across the globe in how these challenges are being tackled and digital identification is being utilized in the financial sector. It will also explore the regulatory developments in this sphere, and how FinTech actors and banks would like to see digital ID evolve.
Moderator: Gopalaraman Padmanabhan, Non-executive Chairman, Bank of India [ Biography ]
Panelists: - Collaborative solutions to avoid frauds in a country where there is no national foundational ID, Gueorgui Karadjov, Director General, FIMPE, Mexico [ Biography I Presentation ]
- Surekha Marandi, Executive Director, Financial Inclusion, Reserve Bank of India
- Pronab Mohanty, Deputy Director General, UIDAI
- Harish Natarajan, World Bank [ Biography ]
- Saurabh Tiwari, DDG, Ministry of Communications [ Biography ]
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| 17:30 - 17:50 |
Closing of Plenary |
