MAS Beefs Up Fintech Festival
Last year's Singapore Fintech Festival attracted more than 30,000 participants from more than 100 countries, and in excess of 5,000 companies. The organizers want to make the 2018 edition even bigger.
The financial technology industry expects a set of major business-related announcement at the 2018 Singapore Fintech Festival. The event will be held from November 12 to 16.
The fintech get together is organized by the Monetary Authority of Singapore (MAS), in partnership with the Association of Banks in Singapore and SingEx Holdings.
Artificial Intelligence Influence
Key features this year will be innovative solutions from Asean countries and the growing influence of artificial intelligence in the banking, insurance and financial services industry.
For the second time, KPMG in Singapore will run its global fintech hackcelerator at the festival. Shortlisted start-ups will each receive a cash stipend of as much as S$20,000 and will pitch their solutions on the demo day. The top three start-ups each will get a cash prize of S$50,000.
