Channa De Silva appointed as adviser to FASL

9 July 2021 08:23 am Views - 282

Channa De Silva was recently appointed as an adviser to the Fintech Association of Sri Lanka (FASL).   


De Silva is General Manager/CEO of LankaClear, which on behalf of the Central Bank of Sri Lanka (CBSL) is spearheading to create a cashless Sri Lanka.


De Silva, an ICT industry veteran, counts nearly 30 years of experience, encompassing a spectrum of industries and has served in several leading multinational and local organisations. 


He has been the driving force behind the innovative payment solutions introduced by LankaClear.


LankaClear, as the operator of Sri Lanka’s national payment network – LankaPay, has been in the forefront in revolutionising the country’s banking and financial services industry by keeping the elements ‘innovation’ and advanced ‘technology’ at its core. A few of the key services offered via the LankaPay network are JustPay, Lanka QR, National Card Scheme, Sri Lanka Interbank Payment System, Common ATM Switch, Common Electronic Fund Transfer Switch, Cheque Imaging and Truncation System and Common POS Switch.  


De Silva is a member of the National Payment Council of the CBSL and is also Chairman of the Marketing Committee appointed by the CBSL to promote digital payment products consisting of marketing heads of all licensed commercial banks. He is also a board member of Sri Lanka CERT | CC, which is the primary organisation responsible for cybersecurity in Sri Lanka.   


The FASL is a MoU-signed partner of the Fintech Associations in Singapore, Hong Kong, Japan, the Philippines, Israel, etc.


The FASL was a supporter institution for various summits in the region, including Finners City Summit 2018 in Shanghai, Chain Plus: Asia-Pacific Blockchain New Finance Summit 2019 in Singapore, Block Plus Summit – Future of Fintech in Vietnam, India Fintech Award – IFTA 2019 in Mumbai, Fintech Galaxy Awards in Dubai and The Asian Banker’s Finance Sri Lanka 2019 in Colombo.


The FASL was a regional co-organiser of the Asia Smart App Awards at Cyberport, Hong Kong in 2019 and 2020.
The FASL recently signed an MoU with the ASEAN Financial Innovation Network (AFIN) to collaborate on the Application Programming Interface Exchange (APIX), a global fintech platform. The AFIN is a Singapore-based not-for-profit organisation founded by the Monetary Authority of Singapore (MAS), ASEAN Bankers Association (ABA) and World Bank’s International Finance Corporation (IFC).