Budapest, 28 November 2020 – The World FinTech Competition in Budapest will likely be hosted for the primary time in Hungary between 8-9 December in partnership with Singapore FinTech Competition (SFF) 2020.
The SFF is the world’s largest Fintech occasion organised by the Financial Authority of Singapore (MAS). The fifth version of SFF will run from 7 to 11 December 2020, that includes a singular hybrid format that mixes a 24-hour on-line occasion platform with over 40 international satellite tv for pc occasions in Fintech hubs around the globe, comprising digital and bodily codecs. Budapest is likely one of the location companions of the SFF to host a web based occasion. As a part of the World FinTech Competition in Budapest, Magyar Nemzeti Bank (MNB)’s program will commemorate the 50th anniversary of the diplomatic relationships between Singapore and Hungary, and can spotlight the potential within the typically relevant immediate fee system in Hungary for empowering the funds service suppliers with new buyer provide prospects. The World FinTech Competition in Budapest will even concentrate on different key subjects equivalent to cybersecurity, monetary inclusion, and inexperienced and sustainable finance.
This 12 months’s SFF will convey collectively worldwide leaders in finance, enterprise, authorities, know-how and academia. The theme of this 12 months’s occasion is ‘Individuals and Expertise’, which is crucial to addressing international challenges, particularly these caused by the pandemic. These will likely be addressed on the FinTech Competition by 5 devoted summits – Financial Summit, Infrastructure Summit, Affect Summit, Investor Summit and Expertise Summit.
Anikó Szombati, Chief Digital Officer of MNB acknowledged that, ‘Our objective is on the one hand to assist the digital transformation of the monetary system, which has gained utmost significance because of the long run impacts of the pandemic state of affairs, and alternatively, placing Budapest on the worldwide map by supporting an lively FinTech ecosystem in Hungary.’
Sopnendu Mohanty, Chief FinTech Officer of MAS, mentioned, ‘SFF 2020 will unite the Fintech neighborhood in a world motion to sort out key challenges together with pandemic restoration and sustainable and inexperienced finance. From the lively presence of world monetary and know-how firms, to a rising expertise pool of digitalisation specialists, Hungary is a rising innovation hub. We’re delighted to welcome Hungary as a key associate to host the Budapest version of the World FinTech Competition, to facilitate the exchange of learnings between Hungarian Fintechs and the worldwide neighborhood at SFF in December.’
The MNB welcomes each the Hungarian and the worldwide viewers to take part within the occasion. To be taught extra about SFF 2020, please go to: www.fintechfestival.sg. Register for SFF tickets right here.
In regards to the SFF
Singapore FinTech Competition (SFF) is the world’s largest FinTech competition and a world platform for the FinTech neighborhood comprising FinTech gamers, technopreneurs, coverage makers, monetary business leaders, buyers together with personal fairness gamers and enterprise capitalists, and teachers. In 2019, SFF and the Singapore Week of Innovation and Expertise (SWITCH) noticed greater than 60,000 contributors from nearly 140 nations and featured highlights such because the FinTech Convention, the FinTech Awards, International FinTech Hackcelerator, Innovation Lab Crawl and Trade Networking and Workshops. The SFF is organised by the Financial Authority of Singapore (MAS) in partnership with The Affiliation of Banks in Singapore and in collaboration with SingEx Holdings. Discover out extra at www.fintechfestival.sg.