Wednesday, 6 September 2017
The sphere of banking and finance is experiencing some unprecedented change. On the one hand, the swift development of the Internet economy is rapidly influencing people's lifestyle including how transaction and banking activities are carried out. On the other hand, China's enormous demand for inclusive finance, not fully satisfied by traditional banking services, has created an eager appetite for Internet finance start-ups and new funding platforms. More fundamentally, the advent of block-chain technology and the growing popularity of cryptocurrencies are bringing disruptive challenges to the traditional financial system by shifting away from traditional intermediaries and offering decentralized and transparent alternatives.
The question is how we turn the disruptive to the collaborative and manage a smooth transition to the future of finance with efficiency, risk control, inclusiveness and trust, by leveraging on Fintech's enormous potential.
The 9th Wee Cho Yaw Singapore-China Finance and Banking Forum, hosted by NUS Business School's China Business Centre in partnership with the United Overseas Bank, will explore financial technologies and their implications to our financial ecosystem, in areas such as bank business models, financial services innovations, regulatory challenges and risk control, inclusive finance, AI/deep learning, applications of distributed ledger technology, etc. Eminent speakers will examine the trends that are driving the Fintech revolution, particularly in China and Asian markets, and collectively imagine the future of finance.