We are beyond exhilarated and honoured to be short-listed as one of the FinTech finalists for FinTech Challenge Myanmar (FCM 2020)! Being one of the shortlisted FinTech finalists, our Sales Manager, Ethan Cheong, will be representing Cynopsis Solutions at the FCM 2020 Pitching Day that will be taking place on 19 November, where he will be presenting and showcasing our end-to-end Regulatory Technology (RegTech) solutions to fellow FinTechs, Financial Institutions, and other key stakeholders, partners, and potential investors.
FCM 2020 was designed with the idea to spur innovation in financial services and promote greater financial inclusion in Myanmar through the adoption of Financial Technology (FinTech) solutions. As Myanmar’s financial sectors continue to grow, financial institutions start to find it challenging in providing financial services to underbanked segments. Keeping these challenges in mind, FCM 2020 aims to identify and pilot FinTech solutions that can dramatically expand financial inclusion in Myanmar, while tapping into the recent wave of explosion in FinTech and the widespread adoption of smartphones to fill this gap. FCM 2020 aims to challenge FinTechs to solve problems in the following six (6) priority verticals:
We look forward to showcasing how our RegTech solutions will be able to promote greater financial inclusion in Myanmar, address the regulatory pain points that these firms face and bridge the gap between the ever-evolving financial landscape and Financial Institutions.
About Cynopsis Solutions
Founded in 2014 and headquartered in Singapore, Cynopsis Solutions offers RegTech solutions designed to digitise and automate Compliance and regulatory processes, in particular know-your-customer, anti-money laundering, and counter-terrorism financing. Cynopsis Solutions’ accolades include MAS FinTech Awards (2018), RegTech100 (2018, 2019) and Financial Times Top 50 High Growth Companies in Asia-Pacific.
Our end-to-end KYC/AML solutions are designed according to the global FATF recommendations, applicable to more than 180 jurisdictions and is already helping more than a thousand B2B customers in the Banking, Financial Services, FinTech and Cryptocurrency, Professional Services and Gaming sectors globally.