MAS and SFA invite entries for 2022 FinTech Awards
Singapore, 20 June 2022… The Monetary Authority of Singapore (MAS) and the Singapore FinTech Association (SFA) announced today the launch of the 2022 Singapore FinTech Festival (SFF) Global FinTech Awards (the Awards). The Awards, supported by PwC Singapore, seek to recognise innovative FinTech solutions by FinTech companies, financial institutions, technology companies, as well as individuals and companies that have been instrumental in creating new growth opportunities, transforming FinTech industry practices and promoting financial inclusion.
2. Recognising the accelerated pace of digitalisation in businesses over the last two years, the theme for the 2022 Awards is “Embracing Digital, Charting the New Normal”. A new sustainability criteria has been included on top of the previous judging criteria of impact, practicality, interoperability, and uniqueness and creativity. This underscores the importance and urgent need for active integration of environmental, social and governance (ESG) factors as part of the overall FinTech business model.
3. There are a total of nine award categories and the winners of the awards will be announced at SFF 2022
4. The Awards will be hosted entirely on API Exchange
MAS announced the launch of the Transition Credits Coalition (TRACTION) and two pilot projects to test the use of high-integrity transition credits in transactions for the early retirement of coal-fired power plants.
MAS launched the Singapore-Asia Taxonomy for Sustainable Finance (Singapore-Asia Taxonomy) – which sets out detailed thresholds and criteria for defining green and transition activities that contribute to climate change mitigation across eight focus sectors.
The eighth edition of the Singapore FinTech Festival came to a close on 17 November 2023, drawing a record 66,000 participants, up from 62,000 attendees in 2022.