Singapore Fintech Festival 2024

Since its inception in 2016, the Singapore Fintech Festival (SFF) has become the premier platform for the global fintech community to engage, connect, and collaborate on issues relating to the confluence of financial services, public policy, and technology. It was preceded by the Insights Forum from November 4 to 5, which convened 1,500 senior policymakers, top industry executives, and investors for leadership dialogues and collaboration discussions. 

This year the festival highlighted and examined the transformative potential of artificial intelligence (AI) and quantum computing in revolutionizing financial services and delivering sustainable and inclusive economic growth. As the world continues to navigate the challenges of climate change, SFF 2024 also highlighted the role of fintech in driving sustainable finance. 

The event was organized by the Monetary Authority of Singapore (MAS), Elevandi, and Constellar, in collaboration with The Association of Banks in Singapore. We were the strategic knowledge partner for the roadmap for AI and quantum theme at SFF2024. 

Access the full SFF agenda, here. 

Elevandi Insights Forum, Marina Bay Sands

November 4, 1:00 p.m. — 2.30 p.m. SGT
Building Trust In The AI Era: Fostering Public Private Collaboration To Scale AI Responsibly

This session considered the latest advancements on thinking on these topics and tries to collect views on the thorniest questions —  role of policymakers versus developers versus users in managing AI risks; focus on near- and long-term risks; the role of technology in solving these challenges; cross industry and government collaboration needed to manage these risks.

We discussed how regulators and industry are coming together to define a new framework and technologies to combat new and emerging risks associated with AI. The role of regulators in providing a code base for industry implementation, and new practices that regulators may adopt in the face of fast-evolving technologies. The roundtable also examined examples of collaboration in practice and share lessons that may be learned from these.

Moderators: Gaurav Kwatra, head of Quotient — AI By Oliver Wyman, Asia Pacific; Michael Zeltkevic, managing partner and global head of Capabilities, Oliver Wyman

Speakers:

• Angela Chee, director, Institute for Infocomm Research, A*STAR
• Dr Benjamin Mosk, senior financial sector expert, global markets analysis division, Monetary & Capital Markets Department (MCM-GA), International Monetary Fund
• Dr Li Xuchun, specialist leader in AI, Fintech and Innovation Group, Monetary Authority of Singapore
• Nasir Zubairi, chief executive officer, The LHoFT Foundation
• Vihang Patel, founder and chief executive officer, Splore

Singapore FinTech Festival, Singapore Expo

November 6, 11:30 a.m. —12:10 p.m. SGT
The Executive Playbook: Steering Financial Services Through 2025

With 2025 approaching, financial leaders are tasked with navigating complex challenges and making pivotal decisions as AI, data analytics, and digital platforms are reshaping financial services globally. This leadership dialogue dove into the expansion and transformation of global trade, commerce, and financial services using technology and data. Global leaders focused on the top three strategic priorities for the year, offering insights into the decisions and investments that would define the future of financial services.  

Moderator: Nick Studer, president and CEO, Oliver Wyman

Speakers:

• Yang Peng, chief executive officer, Ant International
• Melissa Guzy, co-founder & managing partner, Arbor Ventures
• Tal Cohen, president, Nasdaq
• Ari Sarker, president, Asia Pacific, Mastercard

Watch the recording of the session, here.

November 6, 1:30 p.m. — 2:15 p.m. SGT
Defining New Commerce Across Borders: Payments Interoperability and How It Benefits Local and Regional Economies

Gone are the days of carrying large amounts of cash while traveling—at least, that's the vision driving the transformation of cross-border commerce. In this session, cutting-edge innovations reshaping the payments landscape were explored, and how regional companies are making seamless, borderless payments a reality for consumers and bring more opportunities for local and regional economies beyond payments.

Moderator: Seo Young Lee, head of Southeast Asia, Oliver Wyman

Speakers:

• Douglas Feagin, president, Ant International
• Akihiko Sato, deputy division head, finance business strategy division, Finance Business Group, PayPay Corporation
• Zubin Rada Krishnan, chief executive officer, BigPay

Watch the recording of the session, here. 

November 7, 4:00 p.m. — 4:30 p.m. SGT 
Envisioning The Future of Financial Services in The Era of AI

Artificial intelligence is already changing the game for many industries. Banking is no exception. Banks are peering into the future; trying to figure out what the technology holds for the industry in the next few years. Today’s players discussed on their visions for the next generation of banking through the AI lens.

Moderator: Dan Jones, head of digital, Asia Pacific, Oliver Wyman

Speakers:

• Kevin Lam, group managing director and chief executive officer, Hong Leong Bank Berhad
• Dwaipayan Sadhu, chief executive officer, Trust Bank
• Dr Geraldine Wong, chief data officer, GXS Bank

Watch the recording of the session, here.