Free Press Journal

Arun Jaitley to deliver opening remarks at Singapore investors meet


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Singapore: Finance Minister Arun Jaitley will deliver the opening address at a conference of global investors and financial institutions in Singapore on Wednesday, organisers said today. He will address more than 160 leaders from central banks and regulatory agencies, financial institutions, venture capital firms and FinTech companies, the organisers of the Singapore FinTech Conference said. Queen Maxima of the Netherlands will be speaking on using inclusive technology to build a better future in her capacity as the UN Secretary-General’s Special Advocate for Inclusive Finance for Development.

The conference will focus on nine key themes, including global market insights; data analytics; tech risk; sustainableFinTech; and the future of FinTech. More than 300 exhibitors from financial institutions, technology, and FinTech companies will showcase their respective innovative technological solutions at the FinTechExhibition, being held along with the conference. On Thursday, the Global FinTech Hackcelerator will showcase 20 market-ready FinTech solutions that were shortlisted from 580 global submissions.

These solutions are intended to solve real-life industry problems in four areas, including customer-facing solutions, regulatory technology (RegTech) and financial inclusion. It is being organised by the Monetary Authority of Singapore (MAS) in partnership with The Association of Banks in Singapore (ABS) and in collaboration with SingEx Holdings.

More than 25,000 participants from over 100 countries will be attending this year’s FinTech Festival which starts today and incorporates the conference and exhibition. “It is a key thrust of our efforts to establish Singapore as a Smart Financial Centre and a transformational FinTechhub,” said Sopnendu Mohanty, Chief FinTech Officer at MAS, the de-facto central bank of Singapore.