UBS Launches Tech Competition to Seek Banking Innovations
UBS launches its «Future of Finance Challenge» in Singapore in an attempt to find innovators with potential ideas and solutions to address the needs of the rapidly transforming banking sector.
This is the third edition of the competition and topics of interest for the bank this time include tech enablement, smart risk management, digital transaction rails, tokenized assets and deepening client relationships. The other cities hosting for UBS in 2019 include Zurich, London, New York, Toronto and San Francisco.
Participants have the potential to win over $200,000 in cash prizes and opportunities wit hover 150 hours of coaching from experts in UBS and its partners. Ten participants per region will be selected to the regional finals in Zurich, Singapore or New York.
The deadline for participation is August 15, 2019. «We look forward to collaborate with fintech startups and aspiring technology entrepreneurs to develop innovative solutions that will drive our industry's digital transformation, enabling us to be future-ready,» said Edmund Koh, UBS APAC president.