The 6th Edition ASEANFIC was held in Yangon, Myanmar on the 5th March 2014. The organising committee and our local host, Myanmar Computer Company Ltd. (MCC) welcomed delegates from banks, insurance company and government agencies with some excellent coffee and tea served in Parkroyal Hotel Yangon.

The event started with a welcoming speech by MCC’s Director, Brian Aung Soe Lin. We then started the conference with a keynote topic presented by Chief Inspector Major Jay Guillermo from the Phillipines National Police Anti-Cybercrime Unit. Major Jay spoke about the cybercrime situation in the Philippines as well as how the Philippines National Police cooperate with Interpol and police forces from around the world to tackle the growing cybercrime scene. Present to listen to the talk was the Myanmar Police Force from the Anti-Money Laundering Unit.

Presentation topics were focused on Banking IT Security as well as in the Internet Banking deployment. ASEANFIC partners from across Southeast Asia namely, Malaysia, Indonesia, Philippines, and Singapore attended the event. The most popular topic were on how cybercrime affects the confidence of bank users especially in Mobile Banking and Internet Banking.

Another interesting topic which got a lot of questions from the floor was the use of cheque. ASEANFIC partner, InsiteMY who presented the topic, “The Rold of Cheque Payment in the Modern World” went on to explain how cheques were a unique payment instrument which offered features that no other modern payment instrument can offer. A new subject was also introduce this year. The insurance industry in Myanmar is booming so ASEANFIC partner Aetins spoke about how adopting technology for the insurance industry can help encourage more people to purchase insurance which in the end is a WIN-WIN situation.

The event ended with a cocktail session where delegates and partners were given a chance to network and get to know each other more. The cocktail session concluded with a lucky draw. This year, ASEANFIC added more lucky draw prizes. All the delegates enjoyed the conference and went home happy.

Next stop, Manila, Philippines!