Duke University; Download file PDF Read file. A total of S$1.2 million was distributed to Fintech Award 2018 winners. The 5-day round-the-clock Singapore FinTech Festival (SFF) and the Singapore Week of Innovation and TeCHnology (SWITCH) organised by the Monetary Authority of Singapore (MAS) and Enterprise Singapore (ESG) ended on 12 December 2020 View More. December 2020; Authors: Varun Mittal. Winds here bring change, and opportunity. He further mentioned the use of QR codes, which allow small merchants to be able to engage in digital transactions and reduce reliance with cash. Explore the key themes . For Bulk Booking of 30 or more tickets, please contact us at fintech.reg@singex.com. Alibaba Digital Economy Institute, Chris Colbert, Managing Director, The winners of the MAS Fintech (ASEAN Open Category) Award were: The winners of the MAS Fintech (ASEAN SME Category) Award were: The winners of the MAS Fintech (Singapore founder category) Award were: Fintech Awards 2018 Singapore Founders Winners. Event Website . Date: 12 – 16 November, 2018 Venue: Singapore Making waves, this time in Asia, PayTabbers attended the Singapore Fintech Festival to network and collaborate with like-minded Fintech leaders and enthusiasts. This year once again, the Fintech Awards celebrated the achievements of fintech companies, but while past years focused on Singaporean firms, 2018 saw the expansion of the awards to include countries in the ASEAN region. Applied research: By launching initiatives such as a S$27 million grant scheme to support R&D in AI and data analytics for the financial sector, and partnering with the MIT Media Lab in fintech R&D. Chartsiri Sophonpanich, president of Bangkok Bank PCL, pointed out that Thailand and the ASEAN market is a relevant example of prevalent globalization, regionalization and digitization of platform. The 2018 edition of the Singapore Fintech Festival conference, from November 12 to 16, 2018, will see expanded themes, more breadth in dialogues and discussions, as well as inclusion of the most current issues in fintech. The second edition of the Singapore FinTech Festival x Singapore Week of Innovation and TeCHnology (SFF x SWITCH) kicks off today, providing an avenue for the global fintech, innovation and business communities around the world to connect, collaborate and network.. Running from 7 to 11 December 2020, SFF x SWITCH 2020 will feature more than 600 sessions over five days, 1,400 … 20 Upcoming Fintech and Blockchain Events in Asia Pacific to Attend in 2019, Top 20 Upcoming Fintech Events in Singapore in 2020, Singapore Fintech Festival 2019: What To Do and See, Blockchain & Distributed Ledger Technology in Financial Services. Israeli companies, through the Israel Innovation Authority, will continue to make waves in the Singapore FinTech Festival 2018, which will be held from Nov. 12-16. The world’s largest platform for the global FinTech community is back from 12 to 16 November. The Festival, inaugurated in 2016, is an annual week-long celebration of FinTech, comprising: a three-day conference, an exhibition of FinTech capabilities, … Key topics covered will include artificial intelligence (AI) in finance, the future of banking, insurtech, market infrastructure, financial inclusion, the future of money, fintech opportunities … 2018; Singapore FinTech: Innovation, Inclusion, Inspiration; Decrease font size Increase font size Print this page. Find us also on. With millions of dollars being poured to developed AI technologies and applications in industries ranging from finance to agriculture to transformation, it comes with little surprise that AI was one of the key areas of focus at the 2018 Singapore Fintech Festival. MAS and the InfoComm Media Development Authority (IMDA) are also working together to create a cross-border innovation platform for SMEs called Business sans Borders. During a panel discussion, ASEAN fintech leaders from Funding Societies | Modalku, Coins.ph, Ascend Money Co. Ltd., and Jirnexu, shared their predictions on the future of their industry. SFF X SWITCH GOES GLOBAL 7 - 11 DECEMBER 2020. He added that the industry should not view tech giants as a threat but as an opportunity to generate insights and find gaps in the market. The world’s largest platform for the global FinTech community is back from 12 to 16 November! The finalists underwent a 12-week intensive mentoring program with corporate champions, including MAS, KPMG and industry mentors. The Singapore Fintech Association joins the Monetary Authority of Singapore (MAS), the Association of Banks in Singapore (ABS) and SingEx in welcoming our global partners and collaborators to participate in the Singapore FinTech Festival 2018 (SFF 2018). The Monetary Authority of Singapore (MAS), in partnership with the Association of Banks in Singapore (ABS), and in collaboration with SingEx, extends a warm welcome to participate in the Singapore FinTech Festival 2018 (SFF 2018). Share on twitter. Payments: By completing its national e-payment infrastructure, which includes FAST, a 24×7 real-time funds transfer infrastructure; PayNow, which allows instant money transfer using an email ID or mobile number; UPOS, a unified point of sale based on world wide open standards; and SGQR, the first of its kind in the world using a standardized QR code in Singapore. Anti-money laundering (AML) monitoring could also be enhanced by AI with consumer behavioral learning and pattern identification. Being one of the largest fintech events in the world, the festival was held from 12-16 November at the Singapore Expo Centre. 800+ Global Speakers . Enter it here. Speeches. “Things are really exploding there and innovation around that system is phenomenal.” This year’s 2018 Singapore FinTech Festival will be bigger, better and jammed packed with even more exciting activities. Yet, there is a lot of innovation in financial services coming from banks or insurance companies. New Techniques to Mitigate Money Laundering & Terrorist Financing Risks [Video] Is data analytics the future of financial crime prevention? With such outstanding results, we can see fintech funding looking bright in 2019! Digital banking has improved accessibility in rural areas, urbanized the banking experience and created a lifestyle change. The Festival continues to be the biggest FinTech event in the world, and provides a global platform for the FinTech community to connect, collaborate, and co-create. The Singapore Fintech Association joins the Monetary Authority of Singapore (MAS), the Association of Banks in Singapore (ABS) and SingEx in welcoming our global partners and collaborators to participate in the Singapore FinTech Festival 2018 (SFF 2018). Share on facebook. December 2020; Authors: Online Networking, … Jessica Tan, deputy group CEO and chief operation officer of Ping An Insurance (Group), Company of China, Ltd., said that her firm places technology, and in particular AI, at its forefront. The Singapore Fintech Association joins the Monetary Authority of Singapore (MAS), the Association of Banks in Singapore (ABS) and SingEx in welcoming our global partners and collaborators to participate in the Singapore FinTech Festival 2018 (SFF 2018). Change is the only constant,” wrote the ancient Greek philosopher, Heraclitus of Ephesus. Embracing a Mobile Culture: How to Satisfy Customers Without Compromising Security, Financial Services Specialist - Payments, Asia Pacific, Accuity: Four Digital Payment Trends in 2021 for Banks and Payment Service Providers, Second prize (SG$100,000): SQREEM Technologies PTE Ltd, Third prize (SS$50,000): Finantix Asia Pacific Pte Ltd, First prize (SG$150,000): FinAccel Teknologi Indonesia, Second prize (SG$100,000): Cynopsis Solutions, Second prize (SG$100,000): Naffa Innovations. Introduction. Justo A. Ortiz, chairman of the board of the Union Bank of Philippines, said that in the Philippines, the focus is on small and medium-sized enterprises (SMEs), where fintech provides a value proposition in the area of onboarding, alternative credit scoring and financing on a limited scale. Innovation, Inclusion, and Inspiration In November 2018, the third edition of the Singapore FinTech Festival drew close to 45,000 participants from almost 130 countries. We invite Partner Associations to nominate the ten most promising start-ups in your delegation this November for an opportunity to connect with leading venture capital funds, investment platforms, and family offices. 2018 has been such a successful year for fintech funding! John Lepore, a general counsel on policy and advocacy at Mastercard, shared his experience from the partnership between Mastercard and Grab in Southeast Asia in developing prepaid and virtual cards. Tanyapong Thamavaranukupt, president of Ascend Money Co. Ltd, expects digital payment adoption to further increase but in what form will depend largely on factors such as penetration of technologies like smartphones and/or availability of data services. Identity: By launching the National Digital Identity (NDI) and within it, a powerful component, MyInfo, a digital service that enables citizens to authorize third-parties to access their personal data sitting across many different government agencies. Historically, they blew ships to its port. Share on linkedin. Steven White, a professor at the department of innovation, entrepreneurship and strategy at the School of Economics & Management, Tsinghua University, added that the education and healthcare industry have also experienced a huge change with the advent of AI. The three-day conference (12-14 November) will bring together entrepreneurs and investors, leaders in finance, FinTech and technology, academics, policy-makers and other stakeholders to discuss the latest developments and opportunities in key areas of FinTech. Innovation Lab Crawl 2018. In 2017, just under half of the population has a smartphone and the figure will increase to 65%. "Singapore FinTech: Innovation, Inclusion, Inspiration" - Presentation by Mr Ravi Menon, Managing Director, Monetary Authority of Singapore at Singapore FinTech Festival 2018 on 12 November 2018 Ladies and gentlemen, good morning. Deep technologies, which include big data, AI, computer vision and drones, also have the power to disrupt the industry. United Nations Capital Development Fund, Mary Ellen Iskenderian, President, Singapore Fintech Festival 2018 brought together leading experts from around the world to discuss the opportunities, challenges and future for fintech. Published Date: 12 November 2018 "Singapore FinTech: Innovation, Inclusion, Inspiration" - Presentation by Mr Ravi Menon, Managing Director, Monetary Authority of Singapore at Singapore FinTech Festival 2018 on 12 November 2018. There were more than 45,000 international participants from 130 countries in 2018. These resupplied while waiting for the Monsoon to pass, for the seasons to change. 60,000+ Attendees in 2019. Online Exhibition. Central Bank of Kenya Ravi Menon, managing director of the Monetary Authority of Singapore (MAS), kicked off the event by sharing about the regulator’s ambitions for a Smart Financial Centre and Singapore’s fintech journey since 2015. Singapore Fintech Festival 2018 Case Study. Ravi Menon, managing director of the Monetary Authority of Singapore (MAS), 2018 Singapore Fintech Festival. Singapore Fintech Festival 2018 brought together leading experts from around the world to discuss the opportunities, challenges and future for fintech. Narendra Modi, Prime Minister of India (2018) ”The Singapore Fintech Festival is a celebration of belief. Banking on New Models in the Fintech Age Panel Discussion, 2018 Singapore Fintech Festival. Posted at 11:51h in Resource Articles by siird. Samuel Tsien, Group CEO of OCBC Bank, commented that AI provides the ability to incorporate internal bank data with external big data information to explore and provide a much more valuable insight than before. As smartphone penetration happens, financial services infrastructure for delivering services to consumers will be at forefront of that growth. Guests had an opportunity to mingle with more than 20 start-ups from around the region who showcased their solutions at 80RR on both days. Singapore FinTech Festival 2018 will feature a series of exciting events including FinTech Conference & Exhibition, Global FinTechHackcelerator Demo Day, AI […] The Festival, inaugurated in 2016, is an annual week-long celebration of FinTech, comprising: a three-day conference, an exhibition of FinTech capabilities, a global competition of FinTech solutions, … What a buzzing event it was! Menon said that in order to fulfill its ambition to become a fintech leader, MAS has been working on six components of the fintech ecosystem: People: By taking a multi-pronged approach to addressing the shortage of technology skills and training the next generations of fintech professionals. What they do share … Experts noted the potential of smart contracts to create and execute an efficient business logic, eliminating the complexity in the current contracting process. Besides AI use cases in claims and loans, Ping An has also deployed voice robots in call centers and years were spent training the robots to possess the knowledge of its wide-ranging products and countless types of questions from customers. Helen Liang, managing partner of FoundersX Ventures, believes facial recognition is one of the most important applications used in AI today as it is widely used in security customs, traffic control and banking systems. It is the world’s largest gathering of the global fintech community and is featuring a series of exciting events including FinTech Conference & Exhibition, Global FinTech Hackcelerator Demo Day, AI in Finance Summit, FinTech Awards, Innovation Lab Crawl, Workshops, and an expanded Investor Summit. Ladies and gentlemen, good morning. The Singapore Fintech Association joins the Monetary Authority of Singapore (MAS), the Association of Banks in Singapore (ABS) and SingEx in welcoming our global partners and collaborators to participate in the Singapore FinTech Festival 2018 (SFF 2018). Singapore FinTech Festival 2018: Israeli Companies Making a Difference. The Festival, inaugurated in 2016, is an annual week-long celebration of FinTech, comprising: a three-day conference, an exhibition of FinTech… Share this event. It is our pleasure to welcome the international FinTech community back to Singapore in 2018! Home > blog > Singapore Fintech Festival 2018 – The future of funding. WHAT’S INCLUDED? Christine Lagarde, Managing Director of the International Monetary Fund addressing at the Singapore FinTech Festival in 2018. Ong also announced the launch of MAS’ private market program, where the regulator will allocate US$5 billion of its own funds as part of its investment portfolio into the private markets asset class. During the Global Investor Summit, Peter Ong, chairman of enterprise Singapore & board member of MAS, introduced a new component in the Singapore Fintech Festival called Meet ASEAN’s Talents and Champions (MATCH), a curated deal-making platform that connects global capital with the ASEAN enterprise community. Yet, only 7% of banking processes have gone digital. This year, the Intellectual Property Office of Singapore established a Fintech Fast Track initiatives for patents. This venture will complement MATCH to build private market platforms that connect growth companies with investors. A total of 304 entries were received and 20 finalists were shortlisted. Explore the key themes. Onsite Rate Registration Period: Onsite Rates will be applicable from 12 November 2018 till the last day of the event (14 November 2018). International Monetary Fund, Eduardo Saverin, Co-founder, Winds here bring change, and opportunity. Highlights of the Singapore Fintech Festival 2018 by Fintechnews Singapore November 19, 2018 The 2018 Singapore Fintech Festival, which took place from November 12 to 16, 2018, brought together more than 40,000 participants from over 100 countries in the … From Singapore FinTech festival 2018 – the world largest Fintech event has been annually held in November, this year is in its third year which has been tremendously successful. The Festival will feature over 400 international exhibitors, 160 global speakers across more than 70 sessions. November 14, 2018. In Europe, according to Accenture, 30% of new revenue is already coming from non-banks and big banks are rethinking their strategies. This year’s agenda was rich in content, with topics focused on the ASEAN market, financial inclusion, artificial intelligence (AI) in fintech, insurtech, and more. Finalists were shortlisted and tapping on the institutions Network for potential business opportunities the was. 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