Singapore, 8 July 2024 – gave Singapore FinTech Festival (SFF) 2024, will return for its 9th edition from November 6 to 8, before Insight Forum™[1] Attended by more than 66,000 attendees from 150 countries from November 4-5, 2023, SFF 2024 features a distinguished lineup of global central bankers, regulators, industry leaders, entrepreneurs, investors, innovators, and influencers. will contribute to and shape the future of the global financial ecosystem. , innovation and technology.
Organized by the Monetary Authority of Singapore (MAS) Elevandi and Constellar in collaboration with The Association of Banks in Singapore, SFF 2024 showcases the transformative potential of artificial intelligence (AI) and quantum computing to revolutionize and deliver sustainable financial services. Will review. and inclusive economic growth. As the world continues to address the challenges of climate change, SFF 2024 will also highlight the role of FinTech in driving sustainable finance.
With rapid growth and unprecedented investment in AI by corporations and governments[2], SFF 2024 will hold regulator-industry dialogue to maximize alignment of policy approaches that can create an enabling environment for AI innovation and adoption. SFF 2024 also aims to promote the development of a responsible AI ecosystem in financial services, ensuring strong international public-private sector cooperation to ensure transparency, trust and inclusion in the AI financial ecosystem.
Global public investment in quantum technology exceeds US$42 billion.[3], SFF 2024 will also highlight quantum computing, underscoring the urgent need to harness this groundbreaking technology to increase efficiency, future-proof encryption, and improve efficiency in financial services. The festival will also tackle the challenges of implementing quantum systems and their impact on the financial services tech stack.
Supanindu Mohanty, Chief FinTech Officer of MAS and Chairman of Alivandi Board said, “The financial services sector is at a critical juncture, with AI and Quantum Computing poised to revolutionize the global financial ecosystem. SFF 2024 will seek to align technology, innovation and regulation to enable these transformative technologies. Leverage strategic foresight, collaboration and adaptability to unlock new opportunities for economic and industry growth and flexibility Harmonize global FinTech regulations that support innovation, cross-border collaboration on payments and credit , and ensuring a safe, inclusive and sustainable financial system powered by responsible adoption of AI and Quantum Technologies will be the core focus of SFF 2024.”
SFF will also present the following highlights:
- Invitation-only talks and signature side events As the Insights Forum™ will convene 1,500 senior policymakers, top industry executives, and investors for leadership dialogue and collaborative discussions. Held at the Sands Expo and Convention Center on November 4 and 5, the forum aims to gather views from key stakeholders on the conditions needed to realize and scale up industry applications of AI, quantum computing, and other emerging technologies. Communication is fostered over synchronicity. The Insights Forum™, hosted by the Asia-Pacific chapter of The Capital Meets Policy Dialogue™, will bring together senior policymakers and leaders from both the private and public sectors to discuss the most pressing issues in investment, value creation and policymaking. Discuss the .
- This year, the Global FinTech HexceleratorSponsored by MAS and in partnership with Elevandi, looking for innovative solutions to address problem statements focused on improving financial health. Up to 20 finalists will be shortlisted and paired with a corporate champion.[4] to present their solutions at the Demo Day at SFF on 6 November. All finalists will also receive a S$20,000 cash stipend and a startup kiosk at SFF to present their solutions. The top three winners will be announced at a gala on November 7, and stand to win S$50,000 in prize money each. More information is available here.
- Blockchain Guardian Program There is a new skill-based learning initiative that will begin on September 2, 2024. Launched by Alvindi Education, the 10-week program addresses the growing talent demand and skills gap in the areas of digital assets, data, and public compliance. and the private sector. Developed in collaboration with Web3 and digital assets industry stakeholders, the program includes an online course, mentoring, and industry immersion. It will culminate in a ceremony at the SFF Talent Zone for 30 graduating students, who will receive digital certificates.
- Five thematic zones – Technology Zone, ESG Zone, Regulation Zone, Founder & Investor Zone, and Talent Zone – where attendees can participate in talks, workshops, and explore international exposure of the latest FinTech solutions. We offer founder and investor-focused mentoring sessions, masterclasses such as the art of storytelling, a spotlight on female entrepreneurs, mental health and wellness workshops, and an alumni event for former participants of The Founders Peak™. The meeting will also be introduced. Founder and Investor Zone.
- SFF Meetup[5], a new networking initiative, is expected to facilitate 20,000 meetings at the festival, with half of the exhibition hall dedicated to simultaneous one-on-one meetings. SFF MeetUp will help individuals and organizations to meet, collaborate and conduct business effectively, develop new partnerships and increase growth opportunities.
Fostering agility, innovation and inspiration, and connection at SFF 2024
Paul Lee, Chief Executive (Markets), Constellersaid, “As the premier platform for organizing the world's largest annual gathering of the FinTech community, SFF is committed to becoming a truly global marketplace. This year, we, together with regional and local associations and industry partners, will bring together 30 Expected to expand to more than 40 international pavilions representing countries, we will also launch SFF MeetUp, a first in Asia and a transformative tech-based networking experience at the festival. Delivering at least five times more effective and efficient engagement opportunities for attendees, by maximizing access to markets and enhancing the festival's collaborative capacity, SFF 2024 will bring together leading industry players, regional trade visitors, innovation. will play a key role in fostering connections between cars and startups to catalyze unprecedented scale growth for the FinTech ecosystem.
Registration for SFF 2024 is now open at www.fintechfestival.sg. Complimentary passes are available for policy makers, regulators, think tanks, academics, coders and students. Startups also enjoy discounted tickets.
See also:
Can fintech support Singapore's transition to a low-carbon economy? | Disruptive Banking
Unlocking TradFi with DeFi at Singapore FinTech Festival | Disruptive Banking
[1] The Insights Forum™ fosters public-private dialogue to address the challenges of scalable and sustainable technology adoption for global prosperity through concrete commitments from participants. Discussions are conducted under Chatham House rules to encourage open and honest exchange.
[2] Stanford University Artificial Intelligence Index Report 2024
[3] A McKinsey report found that global public investment in quantum technology will reach US$42 billion in 2023.
[4] Corporate Champions are teams from financial institutions or organizations that mentor finalists during Hackcelerator, working with them to refine and contextualize solutions.
[5] Learn more about the SFF MeetUp at https://www.fintechfestival.sg/sff-meetup.