Technology has always played a major role in financial services, but today’s dramatic transformation giving customers quicker, cheaper and smarter solutions has been enabled by the open-source accessibility of technology and declining costs of regulations. These solutions along with the latest thought leadership in Financial Technology or “FinTech” in short, were highlights at the third edition of the Singapore FinTech Festival (12-14th November) held at the Singapore Expo.
With 450 exhibitors, 16 international pavilions, close to 45 thousand participants from 130 countries, and over 250 speakers – including Narendra Modi, Prime Minister of India, and Christine Lagarde, Managing Director of the International Monetary Fund – the event promised to be the biggest FinTech event in the world to date.
“Innovation and technology are key to realising this future. But they are not enough. We need a FinTech ecosystem to make this happen. And growing this ecosystem is what we have been hard at work for the last 3-4 years in Singapore with private and public sector coming together in collaboration.” said Ravi Menon Managing Director, Monetary Authority of Singapore (MAS) on the Opening Day of the festival…Click here to read full article.
