The Global Finance & Technology Network (GFTN) is a not-for-profit organisation established by the Monetary Authority of Singapore (MAS) in 2024 to harness technology and foster innovation for more efficient, resilient, and inclusive financial ecosystems through global partnerships. GFTN organises convening forums, offers advisory services on innovation ecosystems, provides access to transformative digital platforms, and invests in technology startups with the potential for growth and positive social impact through its venture fund.
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Product Head, Deposit Tokens & EMEA Head of Kinexys Digital Payments, J.P. Morgan
Basak leads the product development of JPMD, J.P. Morgan Deposit Tokens on public blockchains globally. In addition, Basak is responsible for product development, business development and regulatory interaction across the product lines for Kinexys Digital Payments at Kinexys by J.P. Morgan in EMEA. Basak and her team has led several industry leading engagements with central banks to advance financial services leveraging blockchain technology including interoperability of commercial and central bank money.
Prior to this role, Basak was Head of eCommerce Solutions for J.P. Morgan’s Payments business in EMEA, responsible for designing and deploying integrated banking and payments solutions for the leading global fintech and payment platforms.
With over 20 years in banking leadership roles across treasury services and payments, Basak has in depth experience across digital transformation, emerging payment methods and technologies. Basak co-authored a white paper on Deposit Tokens, focusing on their use cases and benefits, and how they are distinguished from stablecoins and CBDCs.
She holds a BSc in Environmental Engineering from Marmara University, Istanbul and an MBA in e-Business from Bayes Business School, London.
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