Why cross-border collaboration is key to financial inclusion in SE Asia

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Innovate Finance

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With a population of 570 million and a GDP expected to grow to $4.7 trillion by 2025, the six largest countries in SE Asia represent one of the world's largest and fastest-growing regions. Banking penetration rate in the region is 50% (compared to 95% in the US and UK), with more than 7 out of 10 adults either unbanked/underbanked. Discussion points: How can digital financial services providers bridge that gap? What does a relatively nascent digital FS market need to become mature? How can cross-border collaboration lead to greater financial inclusion? Moderator: Peter Cunnane, National and International Strategy Lead, Innovate Finance Panelists: Edmund Mok, Regional Director, Singaporean Economic Development Board (EDB) Joanne Dewar, CEO at GPS Philippa Martinelli, Advisor/Fintech Specialist, Department for International Trade Supreecha Limpikanjanakowit, First Senior VP, Digital Payment Platform & Channel Management, Kasikornbank Public Company Limited Graham Clark, CEO, Asia Affinity
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Innovate Finance, the independent membership based industry organisation that aims to advance the UK’s standing as a global leader in FinTech and BrightTALK have teamed up to bring the latest debates, trends and thought leadership in financial technology.