Securing Transactions

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2 Securing Transactions New Technologies Societal Impact Legal Alignment 218 European Payment Summit Co-Host: The Hague The digitally connected world has changed the way we transact. New technology and new schemes enable us to by-pass regulated models. New payment techniques require new rules as we need to protect users (businesses and consumers). This fast changing landscape opens the door to instant payments, optimisation of processes and logistics but also introduces new security risks. The proof of the pudding is in the eating as we learn by the day. Also our global legal framework needs to be re-aligned. The Hague, The Global Center of Justice and Peace, is the ideal place for global alignment and understanding. Jointly with the EuropeanPaymentSummit, The Hague will foster the discussion to create a new legal level playing field in the world of digital transactions. A meeting point for transaction and payment professionals and experts to not only discuss innovation, but also the consequences for society and the legal framework and alignment needed to secure transactions for business and consumers. We will face dynamic market changes. GDPR will force us to rethink responsibilities and customer centric obligations. AI will enable us to make smarter payments and a more secure environment. In our data economy "identity" will be crucial. Not static but in layers, decentralised and dependent on the context of use. EPS 218 will discuss all key trends and developments as we secure a top program for you as a professional in the transaction space!" Join us today and share your program ideas and suggestions! Warmest regards, Harry Smorenberg, Chairman (harry@smorenberg.nl)

3 Pre-Summit Security Masterclass - 13 March 218 The Future of Access Management from a Risk Perspective By the cybersecurity experts of the Innopay Academy 12. Welcome Lunch 13. Introduction and workshop session (part I). Topics: Introduction of Access Management from a risk perspective The rise of IDaaS (Identity as a Service) Biometrics - behavioural profiling Continuous Authentication ABAC (Attribute Based Access Control) - contextual features 14.3 Networking Break 15. Workshop session (part II). Topics: Identity Intelligence - monitoring and identity analytics Privileged Access Management Machine access and APIs Consent Management 17. Cocktail Reception Securing Transactions is the theme of the 218 European Payment Summit (EPS). Jointly, EPS and the INNOPAY Academy are offering a special dedicated Pre-Summit Security Masterclass to enable experts and professional practitioners to to really deep-learn essentials on cybersecurity. Participants will be updated on the latest techniques for access management and will learn how access management is an essential part of cybersecurity to reduce risk and secure transactions. As this will be a senior and highly interactive workshop, the number of delegates attending will be limited. A special combination fee for EPS 218 and the Masterclass is available to ensure your time is well spent. Please visit our registration page for details. Your lecturers are: Dr. Rob van der Staaij Lecturer Cybercrime & Cybersecurity at the University of Groningen, Department of Criminal Law and Criminology Jelger Groenland Senior Manager and Cybersecurity Lead Innopay

4 Day 1-8 March Welcome Coffee & Registration 9.15 Introduction by Summit Chairman - Harry Smorenberg 9.2 Welcome to The Hague Saskia Bruines Deputy Mayor The Hague 9.3 Keynote Opening Address 9.5 Keynote Panel Debate Anticipating on Next Level of Payment Challenges Infrastructure - Regulation - Digitization - Democratization Saskia Devolder Head of Western & Central Europe SWIFT Brussels (moderator) Jan Kupfer Global Co-Head of Global Transaction Banking Corporate & Investment Banking UniCredit Bank AG Munich Christian Westerhaus Global Head of Product & Strategy, Institutional Cash Management Deutsche Bank Frankfurt Fabrice Denele SVP Head of Consumer Solutions Natixis Payment Solutions Paris Mehdi Manaa - Deputy Director General of the Market Infrastructure and Payments Directorate European Central Bank 1.3 Keynote Briefing with Q & A The Pains and Gains of the GDPR: Bridging Finance, Technology and Personal Data State of play: what s the latest on EU data processing, protection, security and data management? Challenges: what are the key privacy and security challenges in existing and new (payment) ecoystems? Continuous versus continual improvement: how is the GDPR a game changer? Digital transparency: how to reach and maintain appropriate oversight and insight? Enablers: how to turn Technology and GDPR into sustainable FSI enablers? Networking Break Keynote Introduction: Security & Identity - the Estonian Strategy Shared Taimar Peterkop DG Information System Authority Tallinn 12.5 Identity Panel Debate: Identity + Context = Payments : why identity will be bigger than payments! Rob Leslie CEO Sedicii Ireland (moderator) Taimar Peterkop DG Information System Authority Tallinn Michael Salmony Executive Adviser equensworldline Frankfurt Piet Mallekoote CEO idin Amsterdam Lunch

5 Day 1-8 March Expert Briefing and Q & A with George Gesek Founder and CEO Novarion Systems Vienna Quantum Technology: Next Generation Solutions in Payments & Security What are Quantum Computers? How can they be used to breach todays security measures in transactions What can we do in order to remain / improve security in the future (a 3 step procedure) Outlook to the Quantum Secure Blockchain 14.3 Track A1 Open Banking Evolution: XS2A and the repositioning of banks/ PSP s in the new data-eonomy Gijs ter Horst CMO Ximedes Joris Portegies Zwart CTO Ximedes Track B1 Cyber Defences: Protecting the Payment Environment New architecture New methods of managing security Vikas Munshi Creative Technologist ING Bank NV Track A2 AI in Payments Discovering the potential Track B2 Preventing Payment Transaction Fraud A blueprint to effective collaboration - Dutch Case on e banking and skimming fraud Public Private cooperation Consumer awareness Board agreements Technical Measures Marco Doeland Head of Risk Management Dutch Payments Association Amsterdam 16. Networking Break 16.3 Track A3 RegTech: Out of the Sandbox Thinking Dealing with new regulatory realities Sirpa Nordlund SVP Nets Finland Helsinki (moderator) Ruth Wandhöfer Global Head Regulatory, Market & Innovation Strategy Citibank London Nadja van der Veer co-founder Payment Counsel Amsterdam Track B3 Ideation session: Review of China's payments developments: Local Success & Global Impact! Two worlds of Chinese payments Implications for the rest of the world Jan Lukas Korella Payment Systems Policy Division Deutsche Bundesbank Frankfurt The next step EMEA market developments of Alipay Yimei Wenyang Head of Ecommerce Channels ANT Financial London Cocktail Reception End of Program

6 Day 1-8 March Welcome Coffee & Registration 9. Recap by Summit Chairman - Harry Smorenberg 9.5 Keynote Address Driving the Next Generation of Wealth-Tech in China Greg Gibb CEO Lufax Shanghai 9.45 Keynote Opening Petra Hielkema Division Director Payments and Market Infrastructure De Nederlandsche Bank Amsterdam 1.15 Keynote Panel Debate PSD2 & Next Steps Implementations Creating an open and secure market for retail payments in Europe Introduction by Ralf Jacob Head of Unit Retail, Financial Services and Payments, DG FISMA European Commission Brussels Panel Discussion: Gijs Boudewijn Chairman of the Payment Systems Committee of the European Banking Federation Amsterdam (moderator) James Whittle Director International Standards and Services New Payments Systems Operator London Scott McInnes Partner Bird & Bird Brussels Ralf Jacob Head of Unit Retail, Financial Services and Payments, DG FISMA European Commission Brussels 11. Networking Break 11.3 Track A4 Real-Time Payments: In Search of Value Track B4 AML in practice: Smart Strategies Workshop Nadja van der Veer co-founder Payment Counsel Amsterdam Lunch 13.3 Florin Awards ceremony 218 Awards & Top 3 Cases presented

7 Day 1-8 March Keynote Panel Debate Next Level Challenges in Payments: outlook on Security Regulation Innovation Wim Mijs Chief Executive European Banking Federation Brussels Jeremy Grant Managing Director of Technology Business Strategy Venable Washington DC John Broxis Managing Director Preta Paris 15. Closing Keynote Briefing Beyond the Hype: How AI, Regtech and Blockchain are transforming Financial Services Vivek Bajaj Global Vice President Watson Financial Services Solutions, IBM Industry Academy Member Amsterdam 15.3 Closing Remarks Harry Smorenberg Chairman Farewell drinks 16.3 End of Program

8 Day 1-8 March 217 New technology and more collaboration will support faster versions of payment solutions of what is done today Great! But the real opportunities are with new value-added solutions. Delivering a better service to customers; making things simple and efficient and creating a new dimension of engagement. The mass roll-out of Fintech has contributed a lot. Within the many copy-paste and metoo solutions great next step innovations are also being introduced. In our 218 EPS program we introduce and discuss the proven next-gen innovation. We will look deeper into best innovative practices in Securing Transactions. We invite you to apply for our selective Fintech Security Fair & Awards at EPS 218. Application is free and if you are selected as a nominee, you will receive Opportunity to exhibit your solution at the EPS lounge Features on the website of EPS and get promoted on ing to EPS database One complimentary pass to the European Payment Summit (worth Eur 1,795,-) If you emerge as either the jury vote or public vote winner, you will receive Recognition and Florin Award at the EPS event (attended by 2+ delegates in FSI) Opportunity to speak and pitch (1mins) at EPS during award ceremony Interview opportunity with ThePaypers Apply via Form Here

9 Keynote Driving the Next Generation of Wealth-Tech in China Gregory Gibb CEO of Lufax Shanghai Gregory Gibb is CEO of Lufax (Ping An Insurance), one of the largest Fintech company in China and one of the largest Peer-to-peer (P2P) lending platforms in the World. P2P platforms create a marketplace for peers to lend to individuals and SMEs underserved by the traditional lending sector. Chinese FinTech is evolving incredibly fast and at a pace that the rest of the world struggles to emulate. As Chinese firms expand out of China into Asia and Europe, it is good to understand the driving forces and specifics. We are very happy to share key insights at EPS with one of the key successes in Fintech discussing a key new development in the (financial) transaction space! What can we learn from Lufax? The disruptive nature of FinTech is best illustrated in China, where disintermediation is starting to reshape the industry. Greg will showcase the key developments of Lufax as we will deep-dive into topics, such as: FSI-Fintech co-operation: Why Fin-Tech has grown rapidly in China Fundamentals / Infrastructure / Competition Recent China regulatory trends in China and industry implications How Lufax delivers its Wealth-Tech Solution Business model / Big Data deployment / AI portfolios Coping with Security issues Next generation ID / On-Boarding /Credit Rating methods Ke

10 Ke Keynote Security & Identity - the Estonian Strategy Shared Talmar Peterkop DG Information System Authority of Estonia, Tallinn We are happy to welcome Taimar Peterkop as keynote speaker at EPS. Taimar will address the relevance of cybersecurity in a society (threats, cyber resilience, cyber hygiene); the need for a secure digital identity and vision on possible solutions for smart ID implementation. Estonia as a blue print case-study!

11 Identity Panel Debate: Identity + Context = Payments : why identity will be bigger than payments! Talmar Peterkop DG Information System Authority of Estonia, Tallinn Identity Hot EPS 218 We need to radically rethink our approach to identity! There must be better ways of organizing identity than in the present "silos"... Taimar Peterkop will introduce the Estonia blue-print Identity solution as a start for our keynote panel session. We are looking forward to a fierce debate at EPS 218. Piet Mallekoote CEO of Dutch Payments Association We like to just highlight already one vision by panelist Michael Salmony! Please download and read his analysis, possible solutions in securing transactions in this article "Rethinking Digital Identity" for the Journal of Payments Strategy & Systems. Michael Salmony Executive Adviser at equensworldline SE Rob Leslie CEO of Sedicii Ke

12 Ke A3 REGTECH - Out of the Sandbox Thinking Dealing with new regulatory realities Sirpa Nordlund SVP Nets Finland The goal of regulation is to design policies and laws that provide more transparency and a freer market economy. But ongoing regulation changes can lead to compliance issues that can be challenging for many corporations, particularly SMEs. Ruth Wandhöfer Global Head of Regulatory & Market Strategy, Citi Transaction Services Nadha van der Veer Co-Founder, Payments Counsel Globally, many countries are looking to the EU for the successes and misses on PSD2, XS2A, GDPR implementation. But is Europe a guinea pig for these market changes? What are the significant regulatory changes from the rest of the world? What is China doing with the regulation of QR code payments? At EPS, our expert panel will discuss the latest on topics and reforms in Europe including: RegTech innovation with a global view EU versus the rest of the world Strategies for implementing compliance through RegTech How do we leverage regulation to put innovation center stage?

13 Ke B2 Preventing Payment Transaction Fraud - a blueprint to effective collaboration Marco Doeland Head of Risk Management Dutch Payments Association Our EPS 218 theme is Securing Transactions and the key focus is preventing fraud! We are happy to announce a top track session based on the Dutch success strategy that reduced electronic banking and skimming fraud from 85M Euro in 212 to 1M Euro in 216. We will share the success factors contributing to this effort, including active public-private cooperation, collaborative and specific technical measures, and an effective consumer awareness campaign to engage the mass public. We will also forecast threats and opportunities with new payments initiatives such as PSD2, Instant Payments, Mobile Platform, and more.

14 B3 Review of China's payments developments: Local Success & Global Impact! Jan Lukas Korella Payment Systems Policy Division at Deutsche Bundesbank With EU s second payment services directive in force the door for the large and tech-savvy global rivals is wide open Alibaba and Tencent have become operators in China s $5.5tn payments industry. Their next step growth is the rest of Asia and Europe! Jan Lukas Korella (Deutsche Bundesbank) will share his research on two worlds of Chinese payments and the impact for Europe. Yimai Wenyang (ANT Financial) will share the next step EMEA market developments of Alipay. Yimei Wenyang Head of Ecommerce Channels ANT Financial London A top track session with lots of insights and ample time to discuss and Q&A Ke

15 Ke Keynote Quantum Technology: Next Gen Solutions in Payments and Security George Gesek Founder and CEO of Novarion The field of quantum technologies is increasingly in the spotlight beyond the scientific and research community and looks set to be one of the key technologies of the future. The European Commission has also announced a 1-billion (US$1.1-billion) flagship research initiative in the field of Quantum Technology, aiming to catch up with advances in rival regions. With the rapid development of information technology, global change is imminent and most industries are undergoing major shifts. According to George Gesek, founder and CEO of Novarion, the interconnected world of IoT and quantum technology will be decisive and key in future tech shifts. Yet what does this all mean to payments and security? Could the technology bring encryption to the next level? "We're in a technology arms race of sorts. When quantum computers are fully developed, they will break much of today's encryption whose security is only based on mathematical assumptions. To pre-emptively solve this, we are working on new ways of communicating through large networks that don't rely on assumptions, but instead use the quantum laws of physics to ensure security, which would need to be broken to hack the encryption," explained lead author, Dr Ciarán Lee (UCL Physics & Astronomy)." (Science Daily) George Gesek will deliver his lecture and expert briefing, with Q&A on these topics: What are Quantum Computers? How can they be used to breach today's security measures in transactions What can we do in order to remain / improve security in the future? (a 3 step procedure) Outlook on the Quantum Secure Blockchain

16 Keynote PSD2 & Next Steps Implementations Creating an open and secure retail market Ralf Jacob Head of Unit Retail, Financial Services and Payments, DG FISMA European Commission Brussels Gijs Boudewijn Chairman of the Payment Systems Committee of the European Banking Federation Amsterdam (moderator) Scott McInnes Partner Bird & Bird Brussels The PSD2 implementation date will be exactly two months behind us at EPS 218. But will the European Parliament and the European Council have adopted the Regulatory Technical Standards on Strong Customer Authentication and Secure Communication in the meantime (deadline 27 Feb)? And where will market participants stand with the new European Group of Experts on API standards? One thing is certain: we will still be in a transition period with lots of legal ambiguity! Not to mention the GDPR coming into force on May 25, which is looming over PSD2. Ralf Jacob (Head of Unit Retail, Financial Services and Payments, DG FISMA, European Commission) will a brief update on the latest European developments. This update will launch an in-depth discussion among our assembled panel of experts: Gijs Boudewijn Chairman of the Payment Systems Committee of the European Banking Federation Amsterdam (moderator) James Whittle Director International Standards and Services NPSO Limited London Scott McInnes Partner Bird & Bird Brussels Ralf Jacob Head of Unit Retail, Financial Services and Payments, DG FISMA European Commission Brussels James Whittle Director International Standards and Services NPSO Limited London Ke