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A look at Fintech's Tomorrow: Huawei Cloud SG TechDay 2024

The Huawei Cloud Singapore TechDay 2024, held this March, was a resounding success, gathering industry leaders and experts to exchange their expertise and perspectives. With a stellar lineup of speakers covering a wide array of topics such as banking innovations, financial technology & services, customer data platforms, language models, and blockchain & IT solutions, the forum offered an enriching experience for all attendees.

During the event, our Co-Founder & CEO, Mr Chionh Chye Kit used the opportunity to share insights into Singapore's fintech ecosystem with the audience as Secretary Exco of Singapore FinTech Association (SFA). He highlighted the pivotal role of SFA in fostering growth of Singapore's fintech ecosystem. His presentation also shed light on SFA's mission to connect, empower, and inspire individuals within the fintech community, driving towards Singapore's prominence as a leading fintech hub. Chye Kit underscored the SFA's dedication to advocacy, working closely with regulators and policymakers to offer feedback on regulations, elevate industry standards and bolstering measures for consumer protection.

Recognising talent as the lifeblood of fintech innovation, Chye Kit elaborated on the SFA's initiatives aimed at cultivating the next generation of fintech leaders. Among these initiatives is SFA's steadfast commitment to providing global exposure for its members through annual mission trips, which facilitate industry exploration, business expansion, and investment opportunities.

Acknowledging Huawei as a community leader, Chye Kit praised their contributions in knowledge sharing, cybersecurity, cloud strategies, and capacity building. Their initiatives in providing skills training, supporting interns, fresh graduates, and mid-career professionals, and giving back to the tech community through resources and mentoring reflect their commitment to nurturing talent and fostering innovation.

In conclusion, the Huawei TechDay 2024 showcased not only the vibrancy of APAC's fintech ecosystem but also the pivotal role played by organisations like the SFA in driving innovation and growth. Through advocacy, talent development, and global engagement initiatives, the SFA continues to spearhead efforts to elevate Singapore's prominence as a global fintech hub.


About Cynopsis Solutions   

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Cynopsis Solutions helps companies digitise and automate AML/KYC compliance processes. Our focus is on know-your-customer, anti-money laundering, and counter-terrorism financing.Cynopsis Solutions’ accolades include MAS FinTech Awards, RegTech100, and Financial Times Top 50 High Growth Companies in APAC.

Our end-to-end KYC/AML solutions are designed according to the global FATF recommendations and applicable in more than 180 jurisdictions.We've helped firms across various industries, not limited to Banking and Financial Services, Property Development FinTech, Cryptocurrency, Professional Services and Gaming sectors.

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