A Report by CYS Global Remit Digital Media Marketing Team
Singapore, November 16, 2023 - The Singapore FinTech Festival, a global nexus of policy, finance, and technology, once again brought together industry leaders, innovators, and visionaries for its 8th annual event.
With its 8th edition, the festival delved deep into the realm of artificial intelligence (AI), exploring its transformative potential and the evolving landscape of financial services.
Sponsored by the Monetary Authority of Singapore (MAS), Elevandi, and Constellar, the festival attracted over 62,000 participants from 134 countries and 10,000 organizations. As a pivotal player in the global financial technology scene, the festival reaffirmed its status as a nexus for industry leaders, innovators, and visionaries.
As the world embraces the digital era, AI emerges as the next big thing shaping the future of society. The Singapore Fintech Festival 2023 put a spotlight on AI through engaging sessions, roundtables, and workshops.
The diverse topics covered in these discussions spanned from discerning risk markers in AI to envisioning the future of consumer financial protection through generative AI. These conversations aimed to unravel the immense potential of AI while acknowledging the challenges that accompany its integration into the financial landscape.
Policymaking in the age of AI and the crucial aspect of AI governance in banking were also explored, emphasizing the pivotal role of AI in the evolution of financial services.
CYS Delegates at the Heart of Innovation
CYS Global Remit actively participated in the festival as delegates, seizing the opportunity to reconnect with old contacts and establish new relationships. CYS top executives and team members were personally present to engage with industry leaders and thought influencers.
The festival provided a platform for the CYS Global Remit team to reconnect with industry stalwarts such as Thomas Kang, Co-Founder & CRO of Finmo; Karen Tan, Head of Partnerships at M-DAQ, and Matthew Yap, CEO of Ample Transfers. Additionally, the team fostered new connections, including Avere Hill, COO & Co-Founder of Cynopsis, and Chairperson of MENA FinTech Association.
Exploring the Festival Zones: A Themepark-Esque Experience
This year's Singapore Fintech Festival took a unique approach by organizing the event into thematic zones, akin to a theme park experience. The five zones - Technology, ESG, Founders, Regulation, and Talent - provided participants with tailored insights into various aspects of the financial services landscape.
Exciting Highlights and Events
The Singapore Fintech Festival 2023 was brimming with exciting events, including masterclasses with regulators and central bankers, hackathons, and the prestigious SFF Awards night.
The latter celebrated the industry's highest accolades for FinTech innovation, recognizing ground-breaking solutions and individuals driving positive change in the financial sector.
In conclusion, the Singapore FinTech Festival 2023 served as a pivotal platform for CYS Global Remit to immerse itself in the forefront of financial innovation, connect with industry leaders, and explore the vast landscape of AI in finance.
As the company continues to pioneer advancements in global remittance, its active participation in events like SFF reinforces its commitment to staying at the forefront of the evolving financial technology landscape.