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SPOTLIGHT

Road to fintech

Banks and insurers are using Singapore as a base for their global drive in innovation, and can now partner with an increasing number of startups. The fintech buzz fits into Singapore's strategy to keep it among Asia's top financial hubs.

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In just two years, Singapore has developed into a top fintech hub, spurred by progressive regulations and an openness to innovation.

I'VE a feeling we're not in Kansas anymore. Welcome to the second Singapore FinTech Festival, the world's largest fintech event where speakers gathering in the city-state are primed to talk digital with tens of thousands of delegates from all over the world. In just two years, Singapore has developed into a top fintech hub, spurred by progressive regulations and an openness to innovation. More than 400 fintechs have set up shop here, and at least 20 global financial institutions have started innovation labs to pump out digital solutions to combat unprecedented disruption.

In this supplement, we chart Singapore's fintech strategies and how the fintech buzz has reached schools and financial institutions. We talk to investors and fintechs to find out how they can partner up. And we examine top fintech trends such as blockchain, payments, cybersecurity and financial inclusion.

There'll be something for everyone at this Festival. Just follow the yellow brick road.

  • This supplement is brought to you by the Monetary Authority of Singapore. The Singapore FinTech Festival 2017 is supported by the Association of Banks in Singapore and SingEx Holdings.

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