Brunei to develop FinTech with diligent monitoring: senior officials - Xinhua xinhuanet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from xinhuanet.com Daily Mail and Mail on Sunday newspapers.
2020-12-10 08:36:22 GMT2020-12-10 16:36:22(Beijing Time) Xinhua English
BANDAR SERI BEGAWAN, Dec. 10 (Xinhua) To ensure future systemic risks can be promptly addressed, financial technology (FinTech) developments should be diligently monitored, senior government officials of Brunei said.
The World FinTech Festival in Brunei Darussalam is held here from Dec. 7 to Dec. 11, which is jointly organized by Brunei s Centre for Islamic Banking, Finance and Management and Monetary Authority of Singapore in partnership with the Singapore FinTech Festival, with the support from the Autoriti Monetari Brunei Darussalam (AMBD), the country s central bank.
Haji Awang Abu Bakar, Brunei s Minister of Home Affairs and Deputy Chairman of AMBD s Board of Directors, said that AMBD has always been a proponent for FinTech development in Brunei and has embarked on a number of initiatives to nurture growth in this field.
WeBank resolves to become a digitalization enabler at SFF x SWITCH 2020 Copyright 2021 PR Newswire. All Rights Reserved
2020-12-10
SINGAPORE, Dec. 10, 2020 /PRNewswire/ Dec 7 to 11, 2020. WeBank, the world s leading digital bank, virtually participated in the Singapore Fintech Festival (SFF) and the Singapore Week of Innovation and Technology (SWITCH) 2020, the world s first week-long round-the-clock, hybrid digital and physical event. It allowed audience access to over 650 speakers from the global innovation and tech community, 150 content partners, 200 sessions to engage participants and more than 900 exhibitors on the digital platform.
WeBank has engaged in the SFF for the third year in a row. At SFF 2019, Prime Minister of the Republic of Singapore visited WeBank s booth. This year, WeBank brought its latest fintech achievements and explained its commitment to be a digitalization enabler in the era of digital economy.