MAS to hold Singapore FinTech Festival with focus on ASEAN

With Singapore’s Chairmanship of ASEAN in 2018, the Festival will highlight FinTech developments and opportunities in ASEAN.

The Monetary Authority of Singapore (MAS) announced that the third edition of the Singapore FinTech Festival will be held from November 12 to 16 in Singapore. With Singapore’s Chairmanship of ASEAN in 2018, the Festival will highlight FinTech developments and opportunities in ASEAN.

Sopnendu Mohanty, Chief FinTech Officer, MAS
Sopnendu Mohanty, Chief FinTech Officer, MAS. Photo courtesy: Twitter@sopnendu

The week-long Singapore FinTech Festival is organised by MAS in partnership with The Association of Banks in Singapore and in collaboration with SingEx Holdings, with strong support from the industry. It provides a platform for connection, collaboration and co-creation on FinTech in Singapore and beyond.

According to Sopnendu Mohanty, MAS’ Chief FinTech Officer, MAS, the Singapore FinTech Festival has grown in scale and scope over the past two editions and has contributed to the growth of the FinTech ecosystem in Singapore and the region.

“We look forward to welcoming FinTech players and stakeholders from all over the world to Singapore, and to work with them to create new value and promote financial inclusion through innovation, digitalisation, and connectivity,” he said.

Last year, the Festival drew more than 30,000 participants and more than 5,000 companies from over 100 countries, comprising FinTech players, technopreneurs, policymakers, financial industry leaders, investors including private equity players and venture capitalists, and academics.

This year’s FinTech Festival will include the following:

FinTech Conference & Exhibition (November 12 to 14)

The three-day programme will cover nine broad topics – Future of Banking, InsurTech, Capital Markets, Infrastructure Financing, Blockchain and Distributed Ledger Technology, Payments, Cyber Security, RegTech, and Financial Inclusion. This year, early bird ticket holders will be given special access to distinguished speakers in special “behind the scenes” sessions.

Global FinTech Hackcelerator (November 12)

From now to June 15, 2018, the event is calling for submissions for Fintech solutions in four areas: Financial Inclusion, InsurTech, RegTech/SupTech, and General. A panel of judges, with representation from the private and public sector, will evaluate the submissions based on the following criteria: relevance to the problem statement, business potential, innovativeness of idea, company profile and ability to execute.

Artificial Intelligence (AI) in Finance Summit (November 13 to 14)

The Summit will explore emerging AI solutions in trading, investment management, customer service, and risk management. It will also include discussions on quantum computing as well as governance and ethics in the application of AI.

FinTech Investor Summit (November 14)

The Summit will feature FinTech Deal Day to facilitate FinTech investment deals, supported by customised research reports on the participating FinTech companies, and meet ASEAN’s Talents and Champions (MATCH) to facilitate deal-making by showcasing next-generation ASEAN startups and enterprises across all sectors, and connecting them with potential investors.

Author
CtoI News Desk
CtoI News Desk – CtoI

Singapore-headquartered online media company targeting Indian Diaspora across Singapore, US, UK and Dubai. Connected to India covers developments around Indians abroad, informing, engaging and entertaining its audiences.

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