FCC & NPCI to Host Global Virtual Fintech Festival on July 22-23, 2020

Fintech Festival

* One-of-a-kind global event convened by NPCI and IAMAI and presented by RBI and Department of Economic Affairs (DEA), to bring together Fintech & BFSI ecosystems

* Event supported by World Bank and the United Nations Capital Development Fund (UNCDF)

* Premier global fintech event to be hosted on 22-23 July 2020

* To host 50+ countries, 100+ speakers and 10,000+ delegates

* Amitabh Kant, Nandan Nilekani, Uday Kotak, V Vaidyanathan, Sachin Bansal and Alderman William Russell among key speakers

* To facilitate discussions on the road ahead and collaborations for businesses in the post-pandemic world

To bring together fintech and BFSI ecosystems across the globe, the Fintech Convergence Council (FCC) the flagship fintech committee of Internet & Mobile Association of India (IAMAI) along with National Payments Corporation of India (NPCI), and the Payments Council of India (PCI) will host the Global Fintech Fest (GFF) a first-of-its-kind international virtual fintech event.

The event is presented by the Department of Economic Affairs (DEA), Ministry of Finance, Government of India and the Reserve Bank of India (RBI).

The two day event themed – ‘Fintech: With and Beyond COVID’ is scheduled for 22-23 July 2020. The event is also supported by the World Bank and the United Nations Capital Development Fund (UNCDF).

In times of global uncertainty, India continues to be a bright spot in the world economy. GFF aims to showcase India’s thought leadership across the global ecosystem, while harnessing the BFSI and fintech sector to be the ‘change agent’ for the economy in the post-pandemic world.

Naveen Surya, Chairman, Fintech Convergence Council & Chairman Emeritus, Payments Council of India, said, “The bank and fintech ecosystem has the potential to act as ‘agents of change’ for the economy in the post-COVID-19 world. With more than 2000 fintech startups as we speak, India today stands tall as the world’s second biggest fintech hub which puts a lot of onus on us to drive this growth momentum. GFF is our endeavour to bring all stakeholders together to discuss the challenges and opportunities for the BFSI and fintech sector globally whilst sharing ideas on fuelling sectoral growth through collaboration.”

Dilip Asbe, Managing Director and CEO, NPCI said, “The contribution of fintech start-ups in digitalizing the economy is important and hence NPCI wants to act as a catalyst for bridging the gap between the established financial entities and the start-ups. By encouraging open discussion among start-ups and established entities we hope that it will lead to collaborations benefiting the nation.

GFF will be the largest virtual congregation for the BFSI and Fintech ecosystem. It will be the ‘go to platform’ for companies and entrepreneurs to showcase their innovations and ideas as well as connect with peers, investors and potential customers thus creating growth and networking opportunities for the eco-system.”

Amitabh Kant, CEO, Niti Aayog, Nandan Nilekani, Co-founder and Non-Executive Chairman of the Board, Infosys, Uday Kotak, Managing Director & CEO, Kotak Mahindra Bank, V Vaidyanathan, MD & CEO, IDFC First Bank and Alderman William Russell, The Rt Hon Lord Mayor, City of London are among the keynote speakers for the fest.

Justice BN Srikrishna, Retired Judge, Supreme Court of India, Sopnendu Mohanty, Chief Fintech Officer, Monetary Authority of Singapore, G Padmanabhan, Non-Executive Chairman, Bank of India, Sachin Bansal, Founder, Navi, Stephen Ingledew, Chief Executive, Fintech Scotland, Lizzie Chapman, Co-founder & CEO, Zestmoney, Denise Gee, Managing Director, Finexable, Dilip Asbe, Managing Director & CEO, NPCI, Praveena Rai, COO, NPCI, Arif Khan, CDO, NPCI, Rajan Anandan, Managing Director, Sequoia Capital, Kunal Shah, Founder & CEO, CRED, T R Ramachandran, Group Country Manager, India & South Asia Visa, Sameer Nigam Founder & CEO, Phonepe, Shivananda - SVP & CTO, Paypal, are some of the distinguished speakers among many others.

The global platform will host discussions by eminent industry stakeholders on -- the next stage of growth for financial institutions, ways for businesses to collaborate and the role fintech will play in the post pandemic world. The fest will drive thought leadership and conversations across sectors and subjects including -- Digital Payments, Digital Lending, Digital Insurance, Data Management, Financial Inclusion, Digital Transformation and Blockchain etc.

With 50+ countries, 100+ speakers and 10000+ delegates in attendance, GFF will bring together representatives of banking, financial technology and investment industries from across the globe to host impactful dialogues, public discussions and a curated exhibition of the latest disruptive technologies.

The fintech fest will stream live on social media platforms of YouTube and Facebook and is likely to be viewed by 100,000+ audience. For more information on GFF, including how to participate in or sponsor the event, please go to https://www.globalfintechfest.com

FCC has been at the forefront, working towards positioning India as a thought leader across the global fintech map. In the recent past, the body had joined hands with the Mumbai Fintech Hub, Government of Maharashtra, Ministry of Electronics and Information Technology (MeitY) and NPCI to host ‘India Fintech Festival (IFF)’. A first-of-its-kind global platform, IFF eyed for a collaborative growth ecosystem for fintech in India. The event which got stalled on account of the global pandemic is set to resume soon and the dates are expected to be out shortly.

About NPCI –

National Payments Corporation of India (NPCI) was incorporated in 2008 as an umbrella organization for operating retail payments and settlement systems in India. NPCI has created a robust payment and settlement infrastructure in the country. It has changed the way payments are made in India through a bouquet of retail payment products such as RuPay card, Immediate Payment Service (IMPS), Unified Payments Interface (UPI), Bharat Interface for Money (BHIM), BHIM Aadhaar, National Electronic Toll Collection (NETC Fastag) and Bharat BillPay. NPCI also launched UPI 2.0 to offer a more secure and comprehensive services to consumers and merchants.

NPCI is focused on bringing innovations in the retail payment systems through use of technology and is relentlessly working to transform India into a digital economy. It is facilitating secure payments solutions with nationwide accessibility at minimal cost in furtherance of India’s aspiration to be a fully digital society.