Banknet’s Fifth Annual Conference on Payment Systems will be organized on 9th January, 2009 at Taj Lands End, Mumbai, India. Conference will have large number of participants from Regulatory bodies, Major Banks, FIs, Insurance companies, IT Cos, Business Schools and Corporates. The conference will include an exclusive two hour Session on "Mobile Banking & Payments".

Conference will be addressed by prominent speakers from Major Banks, FIs, Management Consultancies, Business Schools, IT and Mobile Cos. Speaker Presentations will be followed by a Panel Discussion & Interactive Q & A.

There is critical importance of payment systems in facilitating both real and financial transactions in an advanced monetary economy, and in implementing and transmitting central banks’ monetary policy decisions. In wholesale financial markets, it is the presence of effective interbank settlement systems – and in particular, confidence in the finality of settlement – that facilitates trade between market participants. In the past decade, there has been a marked shift away from deferred net settlement to realtime gross settlement (RTGS) in large-value payment systems. This implies heightened intraday liquidity demands on payment system participants.

Recent Global Financial market turmoil has increased the importance of maintaining confidence of market participants. Therefore, need is to establish resilient payment systems ready to respond appropriately in the event of a liquidity crunch.

The rapid growth in the number of mobile phone users and wider coverage of networks have made this medium an important platform for extending banking services to customers. In order to ensure a level playing field and considering that the technology is relatively new, Reserve Bank of India has announced final operating guidelines for adoption by banks, on October 8, 2008.

FORMAT

Conference will commence with a Special "Round Table Session" which will be followed by informative sessions to discuss and review issues, developments & trends in payment systems & alternate channels.

A “TECHNOLOGY EXHIBITION” in the pre-conference area will showcase the products/ services of leading vendors across the globe

CONFERENCE TOPICS

RTGS, NEFT, NDS, ECS, Cheque Truncation, Clearing & Settlement Systems, Financial Stability, Liquidity Risks & Management, Inter-Bank Payments, Information Security, AML, KYC, Basel II, Customer Protection & Service Issues, Financial Frauds, Transactional Security, Cyber Security, Internet Banking, Operative Guidelines for Mobile Banking & Payments, M commerce, Financial Inclusion, Cash Management, Money Transfer, International Remittances, ATMs, Smart Cards etc.

For Registration, Sponsorships, partnerships and more Information mail us at conference@banknetindia.com or call us at 91-22-67102091/26204181/32543912



Previous Conferences on Payment Systems

Banknet’s "Fourth Conference on Payment Systems" on 16th January, 2008 at Mumbai, India had more than 300 participants from RBI, Ministry of Finance, Nasscom, Major Banks, FIs, Insurance companies, IT Cos, Business Schools and Corporates

Banknet’s “Third Conference on Payment Systems in Banks”on 10th January, 2007 at Mumbai was inaugurated by Mr. M V Nair, Chairman & Managing Director, Union Bank of India. Mr. Arvind Sharma, Member Secretary, Governing Council and Director, IDRBT was the Guest of Honour and Mr. Kaza Sudhakar, CGM, Customer Services Department, RBI delivered the Key Note Address. 20 prominent speakers from the major banks & IT Cos addressed more than 350 participants.

Banknet India’s “Second Conference on Payment Systems in Banks” on 17th January 2006 was the largest gathering of bankers ever in a Banking conference in India. Conference was inaugurated by Dr R B Barman, Executive Director, Reserve Bank of India and Mr. A P Hota, Chief General Manager, Dept. of Payment & Settlement Systems (DPSS) gave the key note address. Conference was attended by more than 550 participants representing more than 100 Banks & FI’s and nearly 50 IT Companies & Corporates from India, Cyprus, Italy, Egypt, Kuwait, Scotland, Singapore, USA etc. An exhibition was also organized in the pre-conference area with more than 25 exhibition stalls for vendors.

Banknet India's "Conference on Payment Systems in Banks" at Taj Lands End, Mumbai on 20th May 2005 was attended by nearly 250 senior level participants from more than 90 organizations. More than 25 CTOs, CEOs and Business Heads from major banks, technology vendors and Top officials from Reserve Bank's newly formed Department of Payment and Settlement Systems (DPSS) and Executive Director, Reserve Bank of India addressed the conference.