Ensuring digital transformation success with Trust by Design

SINGAPORE took another step towards becoming the world's foremost fintech hub with the hosting of the Singapore FinTech Festival last week. Attracting some 11,000 participants from 50 countries, it was arguably the world's largest fintech event. It was also at the inaugural festival that the Monetary Authority of Singapore (MAS) unveiled a scheme to fund 50 per cent of Singapore-based fintech trials, to S$250,000 per project.

Fintech - part of the Industry 4.0 revolution

It's understandable why Singapore, as an established international financial services centre, is serious about financial technology. PwC's Global Fintech Survey 2016 found that 87 per cent of financial services firms surveyed in Singapore ranked pressure on profit margi…