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FOCUS: FINANCIAL TECHNOLOGY
Opportunities for the financial sector
This wave of innovation shows tremendous promise of delivering greater value to customers, but risks have to be managed carefully
The most impactful technology to reshape and transform financial services may lie in the field of big data analytics, says Mr Mohanty.
There must be constant probing and understanding of how the businesses and services have changed, says Mr Gwee.
From competition to collaboration, fintech firms are now helping banks to create more value for their customers, says Mr Lee.
Regulators would need to be kept abreast of emerging and current developments within the fintech community, says Mr Ho.
Roundtable participants:
- Sopnendu Mohanty, Chief FinTech Officer, Monetary Authority of Singapore (MAS);
- Paul Gwee, Secretary-General, Asean Bankers Association;
- Lee Wai Fai, Group Chief Financial Officer,
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