News Corp VCCircle Payments Summit 2018
The Future of Payments is Here
A recent report from BCG and Google projected that the Indian payments industry is estimated to grow 10 times to reach $500 billion by 2020. This steep growth, obviously, will come on the back of disruption and innovation that the industry has already begun to witness.
Leaders in the payment space, such as Paytm, MobiKwik and Oxigen, are getting ready for one of the most intense battles as global tech giants, such as WhatsApp, Google and Samsung, too, are eyeing a piece of action in one of the world's fastest growing payments markets. As this battle unfolds in the background, what is undeniable is the high-growth trajectory the industry will go through in the near future and the multiple payments solutions Indian consumers will be spoilt with.
This fight will not only require deep pockets, but also innovations that work for a diverse market like India. Financial muscles as well as creative ideas backed with tech solutions will need to be deployed to win the one-billion-plus market.
Join us for a deep dive into the emerging payments industry in India at News Corp VCCircle's Payments Summit. The 7th edition of the Payments Summit will be held in Mumbai on 23rd May 2018 at Taj Lands End, Mumbai.
Themed around “The Future of Payments is Here” this forum will witness CXOs from leading payments service providers, business heads of leading banks, CIOs, CDOs, and private equity and venture capital investors.
09.00am - 09.50am
Registration & Networking
09.50am - 10.10am
Welcome Address by: News Corp VCCircle
Shalil Gupta - Chief Business Officer, NewsCorp VCCircle
10.10am - 10.30am
Keynote Address:
Manas Nath - NonStop Enterprise Division, Hewlett Packard Enterprises
10.30am - 11.30am
Panel Discussion I: Local vs Global players: Who is better placed to win the Indian market?
Major global players like Amazon , Whatsapp, Hike, and Google are quickly moving into the payment space. This is going to present challenges for the existing wallet players and payment banks. International players are pumping in big bucks, thus showing an increasing interest in this sector. In the light of these developments and the entry of so many new 'big' players, how are the incumbents gearing up for the battle? Will bringing those on the sidelines into the consumption fold.
Sandeep Murthy - Partner, Lightbox
Bhaktha Keshavachar - Co founder & CTO, Ezetap
Narayanan SP - CEO, NSDL Payments Bank
Rajnish Khare - Head Digital Transformation, Social Business, HDFC Bank
Vishwas Patel - CEO, CC Avenue
Archna Shukla, Editor in Chief, NewsCorp VCCircle (Moderator)
11.30am - 11.45am
Networking Break
11.45am - 12.45pm
Panel Discussion II: New Regulations - A hurdle or a necessity?
The mandatory full KYC certification, phased introduction of interoperability and restriction on peer-to-peer fund transfer in semi-KYC wallets are some of the guidelines issued by the Reserve Bank of India that sent the payments industry into a tizzy. Likewise, the new norms for prepaid payment instrument license were also considered stringent by the industry. While the urge on the part of the government to regulate the fast growing industry is understandable, does a stringent regulatory environment pose the threat of stifling a growing sector?
KA Srinivasan - Partner, Ventureast
Rohan Bagai - Partner, AZB & Partners
Sandeep Ghule - Co founder & CFO, TranServ
Mihir Gandhi - Director, Leader- Payments Transformation, PwC India (Moderator)
12.45pm - 01.45pm
Networking Lunch
01.45pm - 02.05pm
Special Address: Emergence of AI, VR, Blockchain and their impact on the payments and FinTech industry
Deepak Sharma - Chief Digital Officer, Kotak Mahindra Bank
02.05pm - 03.05pm
Panel Discussion III: New Fintech & Payments startups: What makes the Indian Revolution unique?
Going by the strong growth in the number of startups in the last two years, India has emerged as the largest FinTech hub beating even the US. A look at the varied solutions new-age entrepreneurs are coming up with to serve the diverse set of Indian consumers. Also, what are the business models that these startups are adopting to sustain themselves? What are the value offerings for investors?
Badal Malick - Principal Innovation Officer, Catalyst
Pratik Jain - Director, Actis
Jiten Gupta - Managing Director, PayU
Piush Kothari - Head – Strategy, Digital Business & Customer Analytics, Aditya Birla Payments Bank
Niren Shah - Managing Director, Norwest Venture Partners (Moderator)
03.05pm - 03.20am
Networking Tea Break
03.20 - 03.55pm
Session: ‘Fintech for the Last Mile’ Showcase
Fintech innovation today focuses heavily on a small segment of the population. CATALYST‘s ‘Fintech for the Last Mile’ Incubator program promotes innovative and scalable fintech solutions that address the needs of traditionally underserved market segments. The five entities shortlisted by the program are testing innovative digital payment solutions for last-mile consumers by focusing on network effects. What unique value do the startups offer to customers at the base of the pyramid? How is Catalyst enabling them to create digital impact? An opportunity for investors to explore prospects to invest in future solutions that are highly scalable and are for the mass markets.
03.55pm - 04.45pm
Panel Discussion IV: Meeting the payments needs of Bharat – Need for Financial Inclusion and Innovation
Given that a large population in the country is still unbanked and given the government's agenda of inclusion, what experiments are being made to serve the un and under-served? Are the government's policies/initiatives (UPI, Aadhar, eKYC, demonetization, digitization, etc) helping achieve that agenda?
Krishnan Dharmarajan - ED, CDFI
Vaibhav Lodha - Co founder, ftcash
Ashutosh Srivastava - Chief Distribution & Retail, Oxigen Services
Abhishant Pant - Founder, Cashless Journey
Shalil Gupta - CBO, NewsCorp VCCircle (Moderator)
04:45pm - 04:55pm
Closing Keynote
VCCircle
04:55pm onwards
VCCircle Unwind
Continue the energy and networking of the day with more social time with top entrepreneurs and leading investors.
CATALYST is an initiative funded by USAID under the mSTAR Program, through funding provided to FHI 360. Housed within IFMR LEAD, the initiative aims to expand digital payments and financial inclusion in India, especially for small merchants and low-income consumers. Catalyst seeks to bridge the financial divide by solving market failures through a local ecosystem approach. Through its digital payment lab and business incubator, Catalyst works with a range of stakeholders to design, test and validate workable solutions for the underserved and enable evidence-based decision-making to advance policy priorities. Its research and learning activities generate user insights on needs, behaviors, perceptions and motivations. Catalyst’s flagship knowledge forum ‘FINposium’ convenes innovators, policymakers and sector experts to design collaborative solutions to digital payment challenges.
VCC Events opens up the avenues for participation. Join hands to be a part of India’s largest gathering of alternative investments leaders, industry stakeholders and Asia’s influential limited partners, general partners and marquee advisors. Your chance to actively participate and augment yourself as thought leaders.
Taj Lands End, Mumbai
Date: May 23, 2018
Venue: Taj Lands End, Mumbai
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