The Monetary Authority of Singapore (MAS) and Elevandi have announced “Application of Artificial Intelligence (AI) in Financial Services” as the theme for Singapore FinTech Festival (SFF) this year.
SFF 2023 will focus on the growth and adoption of AI and how the technology can be potentially used in financial services.
Organised by MAS and Elevandi, in partnership with Constellar as well as with the collaboration of The Association of Banks in Singapore, this year’s SFF will be held from Nov 15 to 17 at the Singapore EXPO.
Sessions include “The Capital Meets Policy Dialogue”, “Elevandi Insights Forum” and the annual “Innovation Lab Crawl”, taking place on Nov 13 and 14. These sessions will convene leaders from the government, financial services, investment and technology sectors.
SFF 2023 will examine how technologies such as AI, Web3 and digital public goods are able to help accelerate the transition to a low-carbon future as well as reimagine the financial system architecture to better address the needs of the underserved.
There will also be a focus on securing the digital economy against modern climate, technology and cyber risks.
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This year’s SFF will see continued exponential growth of AI applications and adoption, with venture capitalist investments in generative AI having reached a new high of US$2.6 billion in 2022. This is especially as generative AI is seeing the fastest growing consumer take-up in history.
“Innovations in technology continue to present us with powerful tools to enhance the global financial industry’s responses to economic and financial challenges. At SFF 2023, we have the opportunity to convene a global dialogue that will explore the potential of transformative technologies and policies for financial services, and bolster the fintech ecosystem against future shocks,” says Sopnendu Mohanty, MAS chief fintech officer and Elevandi board chairman.
SFF 2023 registration is now open.
