Singapore FinTech Festival 2019

Singapore FinTech Festival 2019

11/11/2019, 09:00 - 06:00

Jay Banghar


The team spent some time at the Singapore FinTech festival this week. Here are some key takeaways:

  • Buzzing startup scene using emerging technologies in a viable commercial way such as Blockchain, RPA, AI. 
  • Emphasis on user experience and on both digital and traditional platforms including innovation within wearables and face recognition to help automate transactions. 
  • Traditional banks are quickly growing their capabilities to adapt to a new generation of customers who want to use banking services in a new modern interface. 
  • Some innovation seems too far ahead to be practical in the near future and likely to become outdated further down the line. 
  • There is a lot of competition within the KYC startup scene. 
  • Cybersecurity is a major focus for almost all participants across every industry. 
  • All companies small to large are facing a skills shortage within Cloud, Security, Devops, Software, AI, Big Data.

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