Fintech
Singapore FinTech Festival Kicks Off with Over 850 Expert Speakers and 450 FinTech Exhibitors
The seventh edition of the Singapore FinTech Festival (SFF) kicks off today as an in-person event from 31 October to 4 November. Organised by the Monetary Authority of Singapore (MAS) and Elevandi[1], the theme of SFF 2022 is ‘Building Resilient Business Models amid Volatility and Change’.
1. SFF 2022 will see more than 850 expert speakers and over 250 hours of content across its week-long programme. The Festival is expected to draw participants from more than 110 countries and 2,000 organisations. It will feature 450 exhibitors and 25 international pavilions across the exhibition hall.
2. The by-invitation only Capital Meets Policy Dialogue, to be held on 1 November, will bring together policymakers and investors to discuss the current innovations in financial services, exchange views on emerging risks, and share perspectives on FinTech regulation.
3. The Innovation Lab Crawl, to be held on 31 October and 1 November, will feature 26 participating organisations, including Asia FinTech Center, Capgemini, NEC Laboratories, BNY Mellon, DBS and HSBC. Located across Singapore, these organisations will showcase their latest FinTech innovations in areas such as alternative investments, decentralised investments, and insurance.
4. The Conference segment of the SFF, to be held from 2 to 4 November, will feature more than 400 sessions with government leaders, policymakers, innovators, economists, corporate leaders, and FinTech entrepreneurs. Deputy Prime Minister and Minister for Finance, Mr Lawrence Wong, will open the Conference on 2 November. Key speakers from abroad include:
- Ms Adrienne A. Harris, Superintendent, New York Department of Financial Services
- T.V. Mohandas Pai, Chairman, Aarin Capital and Chairman, 3one4 Capital
- Ms Sheila Bair, Former Chair, US Federal Deposit Insurance Corporation, Senior Fellow, Center for Financial Stability, and Senior Advisor and Founding Chair, Systemic Risk Council
- Bram Cohen, Director, Chairman, Chief Executive Officer and Founder, Chia Network Inc
- Brian Armstrong, Co-founder and Chief Executive Officer, Coinbase
- Ms Angel Zhao, President, International Business, Ant Group
- Ms Martha Sazon, President and Chief Executive Officer, GCash
- Mark FitzPatrick, Chief Executive Officer, Prudential plc
- Dr Stuart Haber, Principal, Stuart Haber Crypto, LLC
- John Tanagho, Executive Director, International Justice Mission Center to End Online Sexual Exploitation of Children, International Justice Mission
- Sonam Wangchuk, Founder, Himalayan Institute of Alternatives
- Kailash Satyarthi, Nobel Peace Prize Laureate, Kailash Satyarthi Children’s Foundation.
5. A highlight of the Conference segment is the inaugural Elevandi Insights Forum, which will bring together experts from entities such as the International Monetary Fund, the United Nations Economic and Social Commission for Asia and the Pacific, the Bank for International Settlements Innovation Hub, the Milken Institute, and the Institute of International Finance, for a series of deep-dive roundtable discussions on issues such as cross-border payments, open finance, Web3, and digital assets. The participants will then follow up through industry whitepapers and lighthouse projects.
6. SFF 2022 will see the return of a physical Exhibition featuring over 450 organisations, including global financial institutions, regulators and FinTechs, showcasing the latest innovations and developments in the FinTech space. The Exhibition will feature for the first time an ESG FinTech Zone, curated in partnership with MAS’ Green FinTech Office. It will host ESG FinTechs, financial institutions, and real economy players to showcase solutions that meet key ESG data and disclosure challenges faced by companies.
7. SFF 2022 will have a strong focus on skills and knowledge development. Attendees will be able to earn their Sustainability and Digital Assets & Web3 badges upon completion of a three-day Learning Journey that allows them to experience a variety of activities at SFF. Attendees can also engage in networking and mentoring opportunities as well as Lunch & Learn sessions with industry luminaries across three days of the Festival. Curated specially for attendees and students wishing to explore a career or to upskill in FinTech is the Talent Pavilion featuring career fairs, expert talks, and learning courses.
8. Sopnendu Mohanty, Chief FinTech Officer of MAS and Chairman of Elevandi Board, said, “The industry is on the cusp of moving into three areas – Web3, digital assets, and an ESG-focused economy. We have designed SFF to reflect this shift in an open, engaging and bold way, focusing on finding solutions to today’s challenges and taking definitive steps toward implementation across the financial sector. Hence, the content of SFF has shifted to the impact makers who will inspire the community to come together and drive real change.”
9. Jean-François Quentin, Group Chief Executive Officer of Constellar, said, “There is no replacement for the physical event experience in unlocking the potential of impactful partnerships. The large international profile of new and returning exhibitors reflects a hunger for the global SFF community to connect face-to-face again after two years. We are leveraging this demand at SFF by providing a robust, digitally-enabled platform for buyers, sellers and trade visitors to generate opportunities through knowledge sharing, targeted business matchmaking and expanded networking opportunities.”
10. SFF 2022 is organised by MAS and Elevandi, in partnership with Constellar and in collaboration with The Association of Banks in Singapore. Since its inception in 2016, SFF has become the premier platform for the global FinTech community to engage, connect, and collaborate on issues relating to the development of financial services, public policy, and technology.
Fintech
SPAYZ.io prepares for iFX EXPO Dubai 2025
Leading global payments platform SPAYZ.io has confirmed it will be attending iFX EXPO Dubai 2025 on 14 to 16 January. Exhibiting at Stand 64 at Trade Centre Dubai, SPAYZ.io’s team of professionals will be on hand providing live demonstrations of its renowned payment services for payment providers. Attendees will also receive exclusive insight into SPAYZ.io’s plans for 2025 alongside early early access to its upcoming plans for the new year.
SPAYZ.io delivers a host of payment solutions that leverage the latest technological innovations and open access to the fastest growing emerging markets across Africa, Europe and Asia. Over the past year, there has been huge demand for its Open Banking and local payment method services, alongside bank transfers, mass payouts, online banking and e-wallets.
Yana Thakurta, Head of Business Development at SPAYZ.io commented: “We look forward to once again participating at iFX Dubai to expand our network of partners and clients. It’s a fantastic way to kick off the year, connecting with thousands of industry leaders from FOREX platforms to trading companies, and everything in between.
“Our key goal for iFX Dubai EXPO 2025 is to expand our portfolio of solutions and geographies. We’re using this as an opportunity to partner with like-minded entities who share our ambition to provide payment solutions that are truly global.”
Come meet SPAYZ.io’s team at the Trade Centre Dubai at Stand 64. You can also book a meeting slot with a member of a team.
The post SPAYZ.io prepares for iFX EXPO Dubai 2025 appeared first on News, Events, Advertising Options.
Fintech
Airtm Enhances Its Board of Directors with Two Strategic Appointments
Airtm, the most connected digital dollar account in the world, is proud to announce the addition of two distinguished industry leaders to its Board of Directors: Rafael de la Vega, Global SVP of Partnerships at Auctane, and Shivani Siroya, CEO & Founder of Tala. These appointments reflect Airtm’s commitment to innovation and financial inclusion as the company enters its next phase of growth.
“We are thrilled to welcome Rafael and Shivani to Airtm’s Board of Directors,” said Ruben Galindo Steckel, Co-founder and CEO of Airtm. “Their unique perspectives and proven track records will be invaluable as we continue scaling our platform to empower individuals and businesses in emerging markets. Together, we’ll push the boundaries of financial inclusion and innovation to create a more connected and equitable global economy. Rafael and Shivani bring a wealth of experience and strategic insight that will strengthen Airtm’s mission to connect emerging economies with the global market.”
Rafael de la Vega, a seasoned leader in fintech global partnerships and technology innovation, is currently the Global SVP of Partnerships at Auctane. With a proven track record of delivering scalable, impactful solutions at the intersection of fintech, innovation, and commerce, Rafael’s expertise will be pivotal as Airtm continues to grow. “Airtm has built a platform that breaks down barriers and opens up opportunities for people in emerging economies to connect to global markets. I am excited to contribute to its growth and help further its mission of fostering financial inclusion on a global scale,” said Rafael.
Shivani Siroya, CEO and Founder of Tala, is a pioneer in financial technology, renowned for empowering underserved communities through access to credit and essential financial tools. Her leadership in leveraging data-driven innovation aligns seamlessly with Airtm’s vision of creating more equitable financial opportunities. “Empowering underserved communities has always been at the core of my work, and Airtm’s mission resonates deeply with me. I’m thrilled to join the Board and work alongside such a dynamic team to expand access to financial tools that truly make a difference in people’s lives,” said Shivani.
The post Airtm Enhances Its Board of Directors with Two Strategic Appointments appeared first on News, Events, Advertising Options.
Fintech
Fintech Pulse: Your Daily Industry Brief (Revolut, Bestow, Advyzon, Tyme Group, Nubank)
The Ever-Evolving Landscape of Fintech: Top Stories Today
The fintech world continues to thrive with new developments shaping its future. Today’s highlights cover Revolut’s enhanced crypto fraud protections, Bestow’s recognition as a leading fintech company, Advyzon’s CEO receiving a prestigious award, Tyme Group’s global expansion supported by Nubank, and the rise of Israeli fintech startups. Let’s dive into the details and explore the broader implications.
Revolut Steps Up Crypto Fraud Protection
In a significant move to fortify customer trust, Revolut has announced enhancements to its crypto fraud protection systems. Leveraging advanced security risk scores, the company aims to shield users from the growing menace of crypto-related scams. The platform’s new measures will involve deeper scrutiny of transactions, sophisticated algorithms to flag potential fraud, and proactive alerts for unusual activities.
Revolut’s focus on fraud protection reflects the escalating challenges faced by fintech firms operating in the crypto space. As digital currencies gain traction, fraudsters continue to exploit vulnerabilities, necessitating robust security mechanisms. Revolut’s initiative could set a precedent for the industry, emphasizing that user safety is as critical as innovation. However, the success of these measures will depend on striking the right balance between security and user experience.
Source: Coindesk
Bestow Earns a Spot Among Top 100 Financial Technology Companies of 2024
Bestow, a digital life insurance innovator, has been named one of the Top 100 Financial Technology Companies of 2024. This recognition highlights Bestow’s transformative approach to life insurance, combining cutting-edge technology with customer-centric solutions. By simplifying the traditionally cumbersome insurance process, Bestow has made life insurance more accessible and affordable.
The accolade underscores the growing importance of insurtech in the broader fintech ecosystem. Bestow’s achievements signal a shift in consumer expectations—convenience, transparency, and technology-driven solutions are becoming non-negotiable. As insurtech continues to disrupt traditional insurance models, the emphasis will likely shift from mere digital transformation to delivering personalized and predictive services.
Source: PR Newswire
Advyzon CEO Hailin Li Wins ThinkAdvisor 2024 Luminaries Award
Hailin Li, CEO of Advyzon, has been honored with the ThinkAdvisor 2024 Luminaries Award for Fintech Executive of the Year. This award recognizes his exceptional leadership and Advyzon’s commitment to empowering financial advisors with innovative tools. Under Li’s stewardship, Advyzon has excelled in providing comprehensive technology solutions, enabling advisors to deliver superior client experiences.
Li’s recognition highlights the pivotal role of leadership in driving fintech innovation. Advyzon’s success is a testament to how visionary leadership can redefine financial advisory services. As advisors increasingly rely on technology to navigate complex markets, platforms like Advyzon are becoming indispensable. The award also serves as a reminder that the human element—inspired leadership—remains crucial even in a tech-driven industry.
Source: Business Wire
Nubank Backs Tyme Group’s International Expansion
In a strategic move, Nubank has announced an investment in Tyme Group, a digital bank with operations in South Africa and the Philippines. This partnership aims to accelerate Tyme’s growth in emerging markets, leveraging Nubank’s expertise in scaling digital banking operations. Tyme’s unique business model focuses on financial inclusion, catering to underserved populations in developing economies.
Nubank’s investment signifies a growing trend among fintech leaders to expand their footprint in emerging markets. The collaboration between Nubank and Tyme underscores the potential of digital banking to bridge financial inclusion gaps. However, challenges such as regulatory complexities and technological infrastructure limitations in these regions must be addressed to ensure sustainable growth.
Source: Business Wire
Israeli Fintech Startups Gaining Global Momentum
Israel’s fintech ecosystem is making waves internationally, with startups leveraging the country’s robust tech culture and innovation-driven mindset. From payment solutions to cybersecurity for financial services, Israeli fintech firms are attracting significant investments and partnerships globally. This trend reflects the country’s position as a hub for technological advancement and entrepreneurial spirit.
The rise of Israeli fintech startups is a testament to the country’s ability to harness innovation for global impact. However, scaling these ventures beyond local markets remains a challenge. Strategic partnerships and a focus on addressing global financial challenges will be crucial for these startups to cement their position on the world stage.
Source: Calcalist Tech
Broader Implications for the Fintech Industry
- Enhanced Security in Crypto: Revolut’s initiative highlights the need for continuous advancements in fraud prevention. The increasing complexity of scams calls for adaptive security measures that can evolve with emerging threats.
- Recognition Drives Innovation: Bestow’s accolade and Hailin Li’s award demonstrate the power of recognition in fostering innovation. Industry acknowledgment not only boosts morale but also sets benchmarks for others to emulate.
- Global Collaborations: Nubank’s partnership with Tyme Group underscores the importance of cross-border collaborations in fintech. As markets globalize, such alliances will play a pivotal role in shaping the future of financial services.
- Emerging Market Opportunities: Investments in developing economies highlight the untapped potential of these regions. Fintech companies must focus on understanding local needs and challenges to create impactful solutions.
- Tech Hubs as Catalysts: The success of Israeli fintech startups emphasizes the role of regional tech hubs in driving industry growth. Policymakers and stakeholders must nurture these ecosystems to sustain innovation.
The post Fintech Pulse: Your Daily Industry Brief (Revolut, Bestow, Advyzon, Tyme Group, Nubank) appeared first on News, Events, Advertising Options.
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