UOB’s Post

It's 2 weeks to Singapore FinTech Festival 2023! KPMG Singapore who worked in conjunction withMonetary Authority of Singapore (MAS) gave a preview of research on ESG Fintech investments and resilience in this area. Major growth in Carbon and #regtech. Singapore is one of main cities globally that drew 19 deals albeit at $410M. Look out for the full report coming out during SFF2023 week. Ended the night with robust discussion from data tech provider Chris Southgate, MBA, Sustainable expert from banking Jaclyn Dove and startup finance perspective of Chermaine Wong that shows collaboration and discussion from all parties towards making the best of data, finance towards sustainability. #fintechfinance #fintech #sustainablefinance #sustainabilitystrategy #sustainability

My prediction is the ESG Hall of Singapore FinTech Festival will phase out. Not because of lessened importance, but because ESG & Sustainability will be incorporated into all of the other Halls (Banking, Tech, Regulatory etc.) Most of the big brands this year already included these topics in their presentations and booths... it's getting there! #sustainability

During the launch, 13 industry partners from 11 economies pledged their commitment to Programme Sirius, which includes AlipayHK, ANEXT Bank, BigPay, Bkash bangladesh, DANA, GCash (Mynt - Globe Fintech Innovations, Inc.), Hipay LLC, 카카오페이증권(Kakaopay Securities), MPay, TNG Digital, TossPay, TrueMoney, and ZaloPay. Following this endeavour, Christina Ongoma, upstream and advisory manager, financial institutions group for East Asia and the Pacific at IFC, remarked, “MSMEs are the backbone of the Asia-Pacific economy, accounting for more than 97 percent of its businesses and employing over half its workforce. Meanwhile, our region accounts for three-fifths of global emissions from power generation and includes many countries vulnerable to climate change.” Meanwhile, Sopnendu Mohanty, chief FinTech officer at the Monetary Authority of Singapore, said, “The widespread adoption of digital wallets and payment solutions makes them a key enabler for helping smaller businesses commence their sustainability journeys. Industry initiatives like Programme Sirius are important for the public and private sectors to coordinate the tools, frameworks, and technologies for smaller businesses to build their sustainability competencies as they transition into the green economy.” #financialtechnology #msme #asiapacific ------ -[Awards] MARKETECH APAC is launching its inaugural "Marketing Technology Awards" where we recognise the groundbreaking achievements in marketing technology, uniting the brands and tech organisations within the region’s marketing community. Learn how your brand can be a part of it by checking it more details HERE: https://bit.ly/3SVtoIa -[Newsletter] To learn more about the latest news, trends and insights in the technology industry, subscribe to UpTech Media’s newsletter by filling out this form: https://lnkd.in/eKr8Se4y

What’s taking shape in the fintech and innovation space this week? Join us in our Weekly Fintech Wrap for a curated selection of industry highlights 🌮 What’s buzzing in the Fintech space this week: 🇸🇬🇦🇺 4 #Singapore based fintech companies expand in #Australia through Project Lorikeet (via Singapore Business Review) Singapore FinTech Association (SFA) | Australian Trade and Investment Commission (Austrade) https://lnkd.in/gT--6nQf 📈 72% of firms in the financial services sector have integrated Artificial Intelligence (#AI) into their operations (via Finance Magnates) https://lnkd.in/gtkZFeDJ 🚀 Broadridge launches innovative AI-enabled tools to better assist asset managers (via FinTech Global) https://lnkd.in/gJSAgQq2 📊 30 Voices on 2030: KPMG Singapore asks senior executives on their predictions for #2030, highlighting Environmental, Social and Governance (#ESG) as the key driver that will change the shape of the industry Read report: https://lnkd.in/gT28JwG8 💥 New alliance: Flagright and Regtank Technology redefine the benchmarks for secure and compliant financial transactions in the #fintech industry (via FinTech Global) https://lnkd.in/ehC8UmzJ 👥 Gen Zers are about to lead the consumer fintech revolution (Fortune) https://lnkd.in/gnwcSC95 🐝 Buzzword of the week: Fintech Gamification #Gamification features can help transform your user experience and engagement (via LinkedIn | Digicore) https://lnkd.in/g7xtSgZ8 — Enjoyed the reads above? Comment to let us know your thoughts below. 🔔 Follow APIX Platform for weekly updates within the fintech industry. Accelerate your innovation journey by joining our community of 2,000+ financial institutions and fintechs today. #fintech #innovation #weeklyroundup

Pursuing fintech growth in Southeast Asia: Four trends on the radar - KrASIA: From talent to regulation, fintech experts give their take on how companies can chase opportunity and manage volatility to grow in Southeast Asia.