PAY CHALLENGE:

RETHINKING PAYMENT SERVICES

The Pay Challenge was a challenge which promoted the creation of innovative solutions for payment services. These solutions should take Pay Challenge: Rethinking Payment Services in account the principles of the new Payment Services Directive (PSD2) which will be launched in August 2018.

The Bank of Portugal in collaboration with Portugal Fintech and CIONet brought to life an initiative to develop cutting-edge PSD2 solutions.

An event was organized for people to witness firsthand the winners of the PayChallenge and along the presence of several stakeholders visiting Portugal during the WebSummit in the areas of investment, regulation, banking, insurance and entrepreneurship.

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This initiative also intended to be a tool to raise awareness inside the Portuguese financial ecosystem towards the business models changes resulting from the new Payment Services Directive (PSD2) and the disruptive future that Banking is evolving to.

EVENT SCHEDULE

14:00 |  Welcome by Banco de Portugal’s Governor, Carlos da Silva Costa

14:15  |  Opening Session – European Commissioner for Research, Science and Innovation, Carlos Moedas

14: 45 | Keynote Speaker: Phin Upham – Haymaker Capital

15:15  |  SIBS Presentation by the CEO Madalena Tomé

15:45 |  Break

16:15 |  Discussion Panel about the selected projects:

•          Moderator: Rui Serapicos – CIONET Portugal

•          João Freire de Andrade – Portugal FinTech

•          João Dias – AICEP 

•          Maria Teresa Cavaco – Banco de Portugal

•          Dean Demellweek – BNP Paribas

•          Val Scholz –Revolut

•          Naveen Prasad – Start-up Advisor & Mentor

17:30|  Closing Session by the Portuguese Secretary of Industry, Drª Ana Teresa Lehmann (TBC)

DATE

LOCATION

November, 6th of 2017

Museu do Dinheiro

Rua de S. Julião 150
1100-150 Lisboa
Portugal

2:30 p.m. - 6:30 p.m.

HOST

ORGANIZERS

TECHNOLOGY PARTNER