Jul 13, 2026 · 24 min · 10 segments
Join us for the latest episode of Money Pot recorded live at Money20/20 EU in Amsterdam, where we explore Asia's fast-moving payments world with someone who really knows it. Oliver Smith, Head of…
James LloydGuest
Oliver SmithHost
What are the biggest shifts that you're seeing in how people pay and move money?

So a pretty expansive question, right? I mean, insofar as Asia, as you know, in itself is a pretty diverse collection of markets.



You have obviously the North Asian powerhouse that is China, where we've seen, you know, tremendous innovation and disruption, I would say, over the past, you know, 15, 20 years.

Everyone will be familiar with Alipay and WeChat Pay and those kind of ecosystems.

But then equally, Southeast Asia, you have kind of an interesting collection of markets that are increasingly looking to interoperate with each other, perhaps from a real-time payments perspective and so on.

So I suppose the kind of larger answer is, look, there's a lot of diversity and a lot of innovation happening.

And then once you look at an individual sub-region or country level, we can dive further.

Probably if I were to pick one item, I think this interoperability around real-time payments is especially interesting.

And you may be familiar with there's an initiative from the Bank for International Settlements called Project Nexus, which is now Nexus Global Payments.

And the ambition there is to take a number of the instant payment platforms in some of these diverse Asia-Pacific markets and kind of join them together from a cross-border interoperability perspective.

can get into that in any level of detail because I think it kind of becomes relevant perhaps for, for, for this part of the world as well.

What are the biggest shifts that you're seeing in how people pay and move money?

So a pretty expansive question, right? I mean, insofar as Asia, as you know, in itself is a pretty diverse collection of markets.



You have obviously the North Asian powerhouse that is China, where we've seen, you know, tremendous innovation and disruption, I would say, over the past, you know, 15, 20 years.

Everyone will be familiar with Alipay and WeChat Pay and those kind of ecosystems.

But then equally, Southeast Asia, you have kind of an interesting collection of markets that are increasingly looking to interoperate with each other, perhaps from a real-time payments perspective and so on.

So I suppose the kind of larger answer is, look, there's a lot of diversity and a lot of innovation happening.

And then once you look at an individual sub-region or country level, we can dive further.

Probably if I were to pick one item, I think this interoperability around real-time payments is especially interesting.

And you may be familiar with there's an initiative from the Bank for International Settlements called Project Nexus, which is now Nexus Global Payments.

And the ambition there is to take a number of the instant payment platforms in some of these diverse Asia-Pacific markets and kind of join them together from a cross-border interoperability perspective.

can get into that in any level of detail because I think it kind of becomes relevant perhaps for, for, for this part of the world as well.
The rest of this transcript — segmented and speaker-labeled, so you land on the exact moment something was said
Search every transcript — by keyword, by phrase, or by meaning, across every show Radar indexes
Trends — what is surging across podcasts, measured against its own baseline
Alerts — when a name you follow appears in a newly indexed episode
No account is needed to search Radar.