Asia-Pacific Fintech Network, a new network created by fintech associations from across the Asia-Pacific region, has officially launched to encourage cross-border innovation. The organization was created by nine associations that signed a Statement of Intent at the Asian Financial Forum event in Hong Kong. The participants will work together on a range of activities, which are the following:
Co-organizing events in their respective markets to exchange information about recent developments and to facilitate trade and bilateral foreign direct investment- Developing and fostering collaboration between companies in Asia with startups, corporates, regulators, business partners and investors
- Hosting joint webinars, seminars and workshops to share knowledge of technologies, products, services, and standards
The Network will also focus on a range of sectors and themes which stand to benefit most from a collaborative approach, such as RegTech, Blockchain, Payment Systems, Artificial Intelligence, and Financial Inclusion. The founder members of the Asia-Pacific FinTech Network (in alphabetical order) are:
- FinTech Australia
- FinTech Association of Hong Kong
- Fintech Association of Japan
- Fintech Association of Malaysia
- MENA Fintech Association
- Fintech Philippines Association
- Singapore FinTech Association
- Fintech Industry Development Association of Taiwan
- Thai Fintech Association