The 9th Wee Cho Yaw Singapore-China Finance and Banking Forum will bring together the foremost experts in Financial Technology or “Fintech” in Shanghai to discuss the implications of disruptive innovations in the banking and finance industry.

Held annually in Singapore or China, the Forum is jointly organised by the National University of Singapore (NUS) Business School’s China Business Centre and Centre for Asset Management Research & Investments in partnership with United Overseas Bank. Its aim is to foster a deeper understanding among industry professionals and scholars of the challenges and opportunities in the finance sector in China and Singapore.

With the industry experiencing unprecedented changes in technology and the way consumers conduct their transactions, this year’s theme, “Fintech and Future Finance: From Disruptive to Collaborative” will analyse the current Fintech ecosystem and examine the trends driving the revolution.

Professor Oliver Li, Director of NUS Business School’s China Business Centre, said, “China has made tremendous advancements in the area of Fintech and payments. The rest of the region has a lot to learn when it comes harnessing Fintech’s enormous potential. Together, the region can collectively reimagine the future of finance.”

Established in 2008 with a generous donation from the then-Chairman of UOB, Dr Wee Cho Yaw, and his family, the inaugural Forum was held in Beijing in August 2010 in conjunction with the 20th anniversary of diplomatic relations between Singapore and China.

Mr Wee Ee Cheong, Deputy Chairman and CEO of UOB, said, “Fintech and financial innovation can play a role in promoting inclusive growth, through improved access to financial services and in opening up market opportunities through increased digital connectivity. At UOB, we are collaborating with Fintechs to create solutions that harness technology to serve the needs of our customers, who are always at the heart of what we do.”