Embracing Innovation and Technology 

S$100 million commitment to support quantum and artificial intelligence (AI) capabilities in the financial sector

18 July 2024

MAS has committed an additional S$100 million under the Financial Sector Technology and Innovation Grant Scheme (FSTI 3.0) to support financial institutions in building capabilities in quantum and AI technologies, as well as enable the advancement of quantum and AI related innovation and adoption in financial services.

Singapore FinTech Festival (SFF) 2024 attracts 65,000 participants

6 to 8 November 2024

The ninth edition of SFF attracted 65,000 participants from 134 countries and regions, providing a platform for policymakers and industry leaders to collaborate, foster innovation and unlock new growth opportunities. Artificial intelligence (AI) and quantum technology took centre stage at SFF 2024, underscoring their transformative potential for the financial sector.

Fireside chat by MD at SFF2024 on MAS’ FinTech Vision

7 November 2024

At the Singapore FinTech Festival, Managing Director of MAS, Mr Chia Der Jiun, shared MAS’ vision for FinTech, including developments in global payments, asset tokenisation, generative artificial intelligence and quantum.

2024 Global FinTech Hackcelerator and Singapore FinTech Festival (SFF) FinTech Excellence Awards

7 November 2024

MAS and the Singapore FinTech Association (SFA) announced the winners of the Global FinTech Hackcelerator and the SFF FinTech Excellence Awards at SFF 2024. The Global FinTech Hackcelerator, organised by MAS in partnership with the Global Finance & Technology Network, sought innovative and market-ready solutions to address problem statements centred on “Improving Financial Health”. The FinTech Excellence Awards, jointly organised with SFA and supported by PwC Singapore, recognises innovative FinTech solutions by corporates and individuals.