Four years ago, at the Singapore FinTech Festival (SFF) 2019, the Monetary Authority of Singapore (MAS) announced the Veritas framework and consortium for responsible use of AI. Veritas was a trailblazing initiative to set common standards for responsible AI adoption in financial services.
Fast-forward to 2023, and SFF 2023 is themed around the applications of AI in financial services – or in short: “AI for good. AI for good?”. So, what can we expect from this year’s event?
Here is what I am looking forward to at the event:
- The new thematic categories of the Global FinTech Awards – especially the one for Artificial Intelligence
- AI & Existential Change: Dialogue With Oscar-Nominated Film Director featuring Shekhar Kapur
- Global Insights: Productivity Polarity In The Age Of AI with Thomas Dohmke
- The AI Evolution: Hyper-Personalised Experiences Fuelled By Customer AI with insights from Jeff Lawson
Read on to find out why these sessions promise to be interesting!
Click here to download ‘AI Takes Centre Stage at SFF 2023: What Can We Expect?’ as a PDF
Fintechs have carved out a niche both in their customer-centric approach and in crafting solutions for underserved communities without access to traditional financial services. Irrespective of their objectives, there is an immense reliance on innovation for lower-cost, personalised, and more convenient services.
However, a staggering 75% of venture-backed fintech startups fail to scale and grow – and this applies to fintechs as well.
Here are the 5 areas that fintechs need to focus on to succeed in a competitive market.
Download ‘Building a Successful Fintech Business’ as a PDF
Scaling Sustainable Finance for a Green Recovery – Ecosystm SFF 2021 Roundtable in Partnership with Ecosystm.
The market for sustainable finance is rapidly growing in response to the climate emergency. Despite impressive recent growth, the sustainable finance market has a long road ahead to reach maturity. It faces competing initiatives, uneven coverage by geography and asset class, misalignment of definitions and a mismatch between supply and demand. Moreover, all around the world, countries are still facing social and economic fallout from the global pandemic, and rebuilding our economies in a post-Covid-19 era has never been more urgent.
How can the financial sector adequately respond to these global concerns? What is the role of finance in the green recovery and how can public and private sectors collaborate to scale credible ESG investments? Our experts discuss the most innovative financial products and instruments that aim to deliver social and environmental benefits alongside attractive returns. Moderated by Ecosystm’s Amit Gupta, hear from Marty Dropkin (FIL Asia), R. Raghunathan (WWF-Singapore), Sasja Beslik (SDG Impact Japan), and Zoë Knight (HSBC).
Organised by the Monetary Authority of Singapore, the 6th edition of the Singapore FinTech Festival (SFF) ran from the 8 -12 November 2021. The annual event brings together 60,000 participants from 160 countries – both virtually and in-person – for the development of financial services, public policy and technology.
For more information on the Singapore FinTech Festival please visit www.fintechfestival.sg
The Building Blocks of Web 3.0 – Singapore FinTech Festival 2021 Roundtable in Partnership with Ecosystm
Web 3.0 is the next phase of the internet’s evolution, but what technologies does it need to succeed? While the Web 3.0 stack is not yet fully developed, much progress has been made to set the foundations for a new online ecosystem that breaks away from the traditional web into new realms of online interaction. There are many examples of early-stage Web 3.0 applications that show how much potential the technologies can help realise. The concept of Web 3.0 may be interpreted differently but it is, at its core, a movement for a free web. A high-level discussion about Web 3.0 components and how they will shape the future of your online activities.
Hear from Brenda Harvey of IBM APAC, Divyesh Vithlani of Accenture, Emin Gün Sirer of Ava Labs, Peter Wright of ST Telemedia Cloud and Vincent Yang of Firework. This session was moderated by Ullrich Loeffler of Ecosystm.
Organised by the Monetary Authority of Singapore, the 6th edition of the Singapore FinTech Festival (SFF) ran from 8 -12 November 2021. The annual event brings together 60,000 participants from 160 countries – both virtually and in-person – for the development of financial services, public policy and technology.
For more information on the Singapore FinTech Festival, please visit www.fintechfestival.sg
Shaping the Future of Financial Services with Decentralised Finance – Ecosystm Global Leaders Roundtable at Singapore FinTech Festival 2021
Is Decentralised Finance taking over the banking world? Decentralised Finance is an emerging phenomenon, and it has been gaining the attention of the mainstream media since 2020.
Globally, about 1.7 billion adults remain unbanked. There’s a race to “bank the unbanked” to promote financial inclusion. On the other end of the spectrum, there are also efforts to “un-bank the banked”. With the rise of blockchain, it’s time to reformulate the consumer banking system with more secure and more affordable financial products. We hear from an unparalleled group of Decentralised Finance innovators and change-makers on how Decentralised Finance will define the next era of global finance. Hear from Dr Ben Goertzel of SingularityNET, Johann Eid of Chainlink Labs, Sudhir Pai of Capgemini and Justin Amos of Lygon. This session was moderated by Anjali Kapoor of Alt Key Theory.
Organised by the Monetary Authority of Singapore, the 6th edition of the Singapore FinTech Festival (SFF) ran from 8 -12 November 2021. The annual event brings together 60,000 participants from 160 countries – both virtually and in-person – for the development of financial services, public policy and technology.