The chairman of the Financial Supervisory Commission, Peng Jinlong, unveiled FinTechOn 2025! Representatives from multiple countries discussed the new landscape of "financial technology" and "global Supply Chain".

The FinTechOn 2025 and AFA Summit, organized by the Taiwan Financial Technology Association (TFTA) under the guidance of the National Development Council of the Executive Yuan, officially kicked off today (9/1) at the Far Eastern Shangri-La Hotel in Taipei. Chairman of the Financial Supervisory Commission, Peng Chin-long, attended the opening ceremony and stated that promoting the development of financial technology is an important policy focus of the Executive Yuan and the Financial Supervisory Commission, with the goal of creating a digital financial framework with international competitiveness.

Chairman of the Financial Supervisory Commission, Peng Jinlong: Promoting the development of financial technology to embrace the new global situation.

Peng Jinlong stated in his speech that in the face of emerging trends, the Financial Supervisory Commission is promoting a pilot program for virtual asset custody and an RWA application plan, and has submitted the draft "Virtual Asset Service Act," which covers the issuance and management of stablecoins, with the hope of enhancing transaction security and reducing cross-border payment costs. Peng Jinlong emphasized that through regulatory relaxation, cross-industry collaboration, AI, and virtual asset supervision, Taiwan will accelerate its financial digital transformation, enhance its international competitiveness, and secure a place in the new global fintech landscape.

Figure 1: Chairman of the Financial Supervisory Commission, Peng Jinlong, pointed out in his speech that promoting the development of financial technology is an important policy direction for the Executive Yuan and the Financial Supervisory Commission, with the goal of creating a digital financial framework with international competitiveness. AFA Chairperson Cai Yuling: AFA is not just a network, but also a trust platform.

This year's FinTechOn 2025 and AFA Summit is themed "FinTech × New Battlefield of Global Supply Chain". It is also the first time that the FinTechOn Forum is held for two consecutive days, with AFA bringing together financial technology associations and heavyweight guests from more than ten countries and regions in Taipei.

Cai Yuling, the honorary chairman of the Taiwan FinTech Association and the first president of the AFA, stated that Taiwan is a global technology hub and the core of the supply chain. She is well aware of the pain points in the supply chain, such as slow cross-border payments, weak trust, complex trade, and funds being trapped. These are all issues that blockchain technology and AI can help to change.

Illustration 2: Tsai Yu-ling, Honorary Chairman of the Taiwan FinTech Association and the first President of AFA, calls for the FinTechOn 2025 and AFA Summit to become a tradition, where countries in Asia can gather in Taiwan every year, not only to discuss but also to practice; not just to imagine but also to build.

This is precisely the purpose of the Asia Fintech Alliance (AFA) establishment. Tsai Yuling emphasized: "AFA is not just a network, but a trust platform. AFA brings together representative fintech associations from 15 economies, connecting regulators, innovators, and entrepreneurs, not only to reshape the financial future of our country but also to reshape the financial future of global trade."

Representatives from multiple countries discuss the new landscape of "financial technology" and "global supply chain".

The FinTechOn Forum is entering its fifth edition, for the first time expanding to two consecutive days, gathering policymakers, regulatory bodies, major financial institutions, key players in the global supply chain, fintech, the blockchain industry, and influential figures shaping the future of global financial technology from both domestic and international backgrounds.

Peter Kerstens, technical innovation and cybersecurity policy advisor of the European Commission, Sandra Ro, CEO of the Global Blockchain Business Council (GBBC) and one of the driving forces behind the GENIUS Act, and Giles Dixon, Global Head of Compliance and Licensing at Tether, were all prominent guests on the first day of the forum.

Cathay Securities Investment Trust Chairman Lee Wei-Cheng: The role of banks needs to be redefined.

The chairman of Cathay Securities Investment Trust, Li Wei Zheng, stated that in today's continuously reorganizing global supply chain, the operational rhythm of the industry has far exceeded the speed of traditional credit. It cannot instantaneously reflect the real risks of enterprises. "What the industry truly needs is not just capital, but a financial mechanism that can instantly redeem trust."

The role of banks needs to be redefined: they should no longer be just providers of funds or credit evaluators, but rather become co-designers of data, co-modelers of risk, and participants in funding mechanisms embedded within industry nodes.

Figure 3: Li Wei-zheng, Chairman of Cathay Securities Investment Trust, mentioned that supply chain finance should be a redesign of "industry leveraging finance." FinTech will truly synchronize industrial value with financial flow, creating a more orderly and resilient development for the future.

Large enterprises have more resources to embrace innovation, while small and medium-sized enterprises face a digital gap due to limited resources. Chairman Li Weizheng called on the government and industry to jointly assist small and medium-sized enterprises in his speech, as the supply chain is no longer just about the flow of goods, but also the flow of data, trust, and value. With the internationalization of the supply chain and the acceleration of its pace, the financial system must also synchronize with internationalization and demonstrate higher immediacy and agility to support the development needs of the industry.

Li Wei emphasized that supply chain finance is not an "addition" but a multiplication. It should be a redesign of "industry X finance." FinTech will truly synchronize industry value with financial flow, creating a more orderly and resilient development for the future.

Lu Chaoqun: Semiconductor and Financial Technology Co-creating the Landscape

Dr. Lu Chaochun, Executive Director of the Taiwan Semiconductor Industry Association (TSIA), Director of the Global Semiconductor Alliance (GSA), and Chairman of the Asia-Pacific Leaders Meeting, as well as the founder and Chairman of Etron Technology, stated that fintech is entering a critical moment, as the impact of high technology on the economy is far greater than previously expected, with semiconductors being the key force quietly supporting and nurturing all of this.

Figure 4: Dr. Lu Chaoqun, founder and chairman of Yuchuang Technology, stated that financial technology is entering a critical moment, as the impact of high technology on the economy is far greater than previously expected.

Looking to the future, Dr. Lu predicts that the global semiconductor industry will continue to grow from $300 billion in 2010 to $2 trillion by 2040. With a multiplier effect of four to forty times, the fintech sector could potentially grow to a scale of $80 trillion by 2040.

He emphasized that the combination of semiconductors and fintech has driven the development of artificial intelligence, big data, cross-border payments, and intelligent risk control, significantly enhancing the efficiency and accessibility of financial services. Taiwanese semiconductor companies are very willing to share their experiences with the fintech sector, deepen cooperation, and jointly create a new landscape.

In this article, the Chairman of the Financial Supervisory Commission, Peng Jinlong, unveiled FinTechOn 2025! Representatives from multiple countries discussed the new landscape of "Financial Technology" and "Global Supply Chain". This was first reported by Chain News ABMedia.