Mr Melvyn Low has responsibility for OCBC’s transaction banking business serving SMEs, large corporations, financial institutions and government entities across the Bank’s core markets of Singapore, Malaysia, China, Hong Kong and Indonesia.
He is an industry veteran with more than 30 years of experience and has held senior positions in cash management, trade, and securities services in regional and global banks. Mr Low also served as Director of the Singapore Clearing House Association from 2010 to 2013, where he was a key contributor to the launch of Fast and Secure Transfers, or FAST, platform.
As the Chair of the PayNow Steering Committee of the Association of Banks in Singapore (ABS) from 2019 to 2021, he co-led Singapore banks in the launch of PromptPay-PayNow, the world’s first cross-border faster payment system. Mr Low is currently the Payment Co-Chair of the Digital Standing Commitee for ABS and the Corporate Banking Workgroup Chair for IBF. He also serves as a board member of Network for Electronic Transfers (Singapore) and the Singapore Trade Data Exchange (SGTraDex). Mr Low is an IBF Distinguished Fellow and holds a Master of Business Administration from the University of British Columbia, Canada.
Roundtable 1
Invite-Only
Real-time payments are transforming digital payments for consumers, businesses and governments by delivering new levels of speed, innovation and efficiency. Today more than 60 countries already have instant (or "fast") payment systems (IPS) that allow these transactions to happen in mere seconds. But sending money abroad is often still slow and expensive.
In this roundtable, participants will seek possible solutions to connect these domestic IPSs internationally, with the goal of improving the speed, cost and transparency of cross-border payments.
Roundtable 1
Invite-Only
This roundtable will discuss the role of digital assets in expanding the opportunities and value capture for capital markets as well as the learnings in the various asset classes.
Hall 3, Singapore EXPO
Open
BNY Mellon and OCBC are collaborating to reimagine correspondent banking, perhaps the most forward looking of which is the exploration of making bank-specific blockchains interoperable to increase speed of settlement.
The Festival
Global Platforms
Copyright © 2024 Elevandi Limited and Constellar Exhibitions Ventures Pte Ltd.