Singapore FinTech Festival to kick off next week with greater ASEAN focus
Nov 11, 2018
Singapore, 11 November 2018… The third edition of the Singapore FinTech Festival will kick off tomorrow in Singapore. With over 250 speakers, 450 exhibitors, 16 international pavilions and close to 40,0001 participants expected, this year’s event promises to be the biggest FinTech event in the world to date.
2018 Festival Highlights
Held at the Singapore Expo, the Festival will kick off with the three-day FinTech Conference (12-14 November). The conference brings together more than 250 speakers, including entrepreneurs, investors, regulators, technology leaders and experts, academics and other stakeholders to discuss the latest developments and opportunities. Narendra Modi, Prime Minister of India, and Christine Lagarde, Managing Director of the International Monetary Fund, will address the audience on the third day of the FinTech Conference.
The Conference will focus on nine key themes across 70 sessions, including AI in Finance; ASEAN FinTech Opportunities; Cyber-Security, TechRisk and RegTech; Financial Inclusion; Future of Banking; Future of Money; Global Investor Summit; InsurTech and Market Infrastructure.
The FinTech Exhibition alongside the Conference will showcase 450 exhibitors with their innovative solutions. Trade visitors and delegates can also learn more about FinTech in ASEAN, at the new zone specially dedicated to ASEAN start-ups. There will also be free guided tours of the area daily.
The expanded Global Investor Summit (13-14 November) is specially curated for the investment and enterprise communities. It will showcase the best of next-generation ASEAN start-ups and growth enterprises across all sectors, both FinTech and Beyond FinTech. Attendees can look forward to deep dive sessions on India, China and ASEAN covering key themes such as investment capital-raising strategies, and investing for impact.
The Artificial Intelligence (AI) in Finance Summit (13-14 November) will debut at the FinTech Conference this year with the theme of “AI in Finance Driving Global Progress”. The summit will highlight AI and data themes that power the future of financial services and the digital economy. Topics to be discussed include cloud and quantum computing, AI investment, ethical and responsible AI, and predictions for an AI-driven future.
The Global FinTech Hackcelerator Demo Day (12 November) will showcase 20 market-ready FinTech solutions shortlisted from 304 submissions intended to solve real-life industry problems in four categories, including Financial Inclusion, Insurtech, RegTech and SupTech and General.
The FinTech Awards (12-14 November) will recognise innovative FinTech solutions that have been implemented by FinTech companies, financial institutions and technology companies. With a greater emphasis on ASEAN this year, the Awards nominees include winners of the ASEAN PitchFest2 as well as ASEAN companies in the SME and Open categories.
The Innovation Lab Crawl (15-16 November) features 30 innovation labs across Singapore which will be open for visits. The Lab Crawl offers a good opportunity for participants to see where new products and solutions are tested, learn about how these labs leverage the latest technologies and network with start-ups and key innovation executives. Interested parties can sign up at https://fintechfestival.sg.
Alongside Singapore’s chairmanship of ASEAN, this year’s Festival features a strong ASEAN theme. The visual elements of the Festival are inspired by the unique cultures and designs of ASEAN. The specially commissioned ASEAN-themed Batik Motif stitches together national flowers of all 10 ASEAN countries. This design is featured across the Festival such as the logo, backdrops, collaterals and conference lounge designs. Please refer to Annex A for details of the ASEAN-themed design.
Mr Sopnendu Mohanty, Chief FinTech Officer, MAS, said, “The Singapore FinTech Festival is now a global knowledge platform extending beyond FinTech to include topics such as LP investing, venture capital and capital raising strategies. This year, it has expanded to attract a more diverse crowd of international regulators, policy makers, industry leaders and academics from FinTech and beyond. Going forward, the Festival will continue to champion financial inclusion through innovation and digital transformation to achieve a more global and all-embracing FinTech ecosystem.”
Mrs Ong-Ang Ai Boon, ABS Director, said, “ABS is delighted to once again partner MAS in the third edition of the Singapore FinTech Festival. Last year, we made history as the largest FinTech Festival in the world with more than 30,000 participants from over 100 countries. This year, participants can look forward to an exciting Festival featuring world class speakers and specially curated programmes to suit their interest. ABS is encouraged by the steadfast of Singapore (MAS) in partnership with The Association of Banks in Singapore and in collaboration with SingEx Holdings. Festival Grand Sponsors include AMTD, Deloitte, GIC, Google Cloud and Prudential. Find out more at https://fintechfestival.sg.
About the Monetary Authority of Singapore
The Monetary Authority of Singapore (MAS) is Singapore’s central bank and integrated financial regulator. As central bank, MAS promotes sustained, non-inflationary economic growth through the conduct of monetary policy and close macroeconomic surveillance and analysis. It manages Singapore’s exchange rate, official foreign reserves, and liquidity in the banking sector. As an integrated financial supervisor, MAS fosters a sound financial services sector through its prudential oversight of all financial institutions in Singapore – banks, insurers, capital market intermediaries, financial advisors, and stock exchanges. It is also responsible for well-functioning financial markets, sound conduct, and investor education. MAS also works with the financial industry to promote Singapore as a dynamic international financial centre. It facilitates the development of infrastructure, adoption of technology, and upgrading of skills in the financial industry.
About The Association of Banks in Singapore
The Association of Banks in Singapore (ABS) plays an active role in promoting and representing the interests of the banking community in Singapore. In doing so, ABS works closely with the relevant government authorities towards the development of a sound financial system in Singapore. Since its establishment in 1973, ABS has promoted common understanding among its members and projected a unifying voice on banking issues. It has brought its members closer together through various guidelines and banking practices as well as the support of projects of mutual benefit to face the challenges of the financial and banking community in Singapore. Today, ABS has a membership of 158 local and foreign banks. More information on ABS is available on the website: www.abs.org.sg.
About SingEx Group
SingEx Group comprises four closely linked companies that collectively provide a comprehensive range of integrated solutions for venue management and consultancy, exhibition and conference concept development and organising services; and international trade event related ventures. The companies under the group are subsidiaries of SingEx Holdings which is wholly owned by Temasek Holdings, one of Singapore’s largest investment holding companies. Its events arm, SingEx Exhibitions, owns, develops and manages a series of new-to-market trade exhibitions and conferences in Singapore and key emerging markets. The events span across various industries including urban solutions, logistics, information technology, healthcare and commodities. Among the more than 20 new-to-market events produced yearly are the Singapore FinTech Festival, the world’s largest of its kind, IoT series, Last Mile Fulfilment series and Tyrexpo series in India, South Africa, Indonesia and Singapore.
SingEx Venues specialises in the management of Meetings, Incentives, Conventions and Exhibitions (MICE) facilities and has been managing the Singapore EXPO Convention and Exhibition Centre since 1999, and its convention wing, MAX Atria, since 2012. The venues host more than 600 events and attract over six million visitors annually.
About SingEx Exhibitions
SingEx Exhibitions is a subsidiary of SingEx Holdings, and is wholly owned by Singapore’s investment company, Temasek Holdings. The company harnesses insights and its strategic networks to organise and manage a series of trade exhibitions and conferences in various industries including automotive, environment, e-commerce and logistics, technology, healthcare and lifestyle. These events aim to connect businesses in Asia and globally, and facilitate business matching with opportunities and knowledge sharing.