CFA Society Sri Lanka and EY facilitate discussion on FinTech in Sri Lanka

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World Bank Group, IFC Sri Lanka and Maldives Country Officer Victor Antonypillai

LankaClear General Manager/CEO Channa de Silva

Central Bank of Sri Lanka Director Payments and Settlements Dharmasri Kumaratunge

Axiata Digital, Kuala Lumpur, Malaysia CEO – Digital Financial Services Sheyantha Abeykoon, CFA

Ernst & Young Senior Director, Technology Consulting Shanaka De Silva (Moderator)

The CFA Society Sri Lanka is to host a knowledge-sharing webinar in association with EY as Knowledge Partner under the theme ‘Fintech in Sri Lanka: Opportunities and Challenges’ on Tuesday, 6 July from 3:30 p.m. to 5 p.m. (SL Time)

The following will be the speaker panellists: World Bank Group, IFC Sri Lanka and Maldives Country Officer Victor Antonypillai, LankaClear General Manager/CEO Channa de Silva, Central Bank of Sri Lanka Director Payments and Settlements Dharmasri Kumaratunge, Axiata Digital, Kuala Lumpur, Malaysia CEO – Digital Financial Services Sheyantha Abeykoon, CFA, and Ernst & Young Senior Director, Technology Consulting Shanaka De Silva, as the Moderator.

In every market where consumers have smart phones – which is 30.41 million mobile connections amongst a 21.46 million population in Sri Lanka – people are gaining more access to a growing range of virtual financial services as we speak. By connecting customers to a digital world, FinTech enhances consumer experiences making it efficient, economical and frictionless.

Commenting on the event, CFA Society Sri Lanka President Dinesh Warusavitharana stated: “This webinar will deliberate on global trends within the Fintech ecosystem and the emerging technologies which helps transform the financial services landscape. Also, to be discussed is, the local market maturity and arising opportunities, the challenges and regulatory reforms required within the FinTech landscape in Sri Lanka. The participants of the webinar will be able to understand ways to harness the growing breadth of innovation across financial services technology (FinTech) landscape to help improve value and experience to all stakeholders.

EY Consulting Leader for Sri Lanka and Maldives Arjuna Herath commenting on the event stated, “In Asia-Pacific, as with the rest of the world, adoption rates of FinTech have grown even faster than anticipated, surging to 63% in 2019 as tracked by the EY’s Global FinTech Adoption Index. This is expected to drive many more changes in the Asian financial services landscape facilitated by rapid advances in technology, loosening regulations, and competition among FinTech companies and large players. The word ‘bank’ is now more a verb than a noun in this era and slower-moving markets as ours must see the benefit of doing things a new way and catch up.”

Join the webinar to learn the emerging opportunities and challenges of Fintech in Sri Lanka. To register: https://lnkd.in/g66xnVS.