What is the Future of Money? The common expectation is around the adoption of the emerging technologies so that it can be more digital, real-time, secure, and intelligent.  The initial pilots and experiments on the market have studied various potential forms and use cases.  While it is far from reaching conclusion and consensus, some common principles and directional convergence are increasingly observed. This session will discuss the latest developments on the market, analyse the key findings and design principles, and identify the key trends and opportunities.   It will share some live examples on how Tokenised Deposits, as it is picking up the momentum recently, can potentially bridge the technical advantages with the current prevailing regulatory regime, and may continue to extend its coverage into interoperability and smart transactions.

In this session, we will be journeying into the opportunities that arise from integrating financial services into non-financial platforms and examine the shift toward contextual banking products that are accessed at the point of need through the trusted brands and platforms that consumers and businesses already use. We will explore the effects smart contracts and automation have on the experience between the BaaS provider, client and the end-user. We will also look at the benefits stemming from applying AI tools to various regulatory and compliance processes, such as AML delving and KYC models.