Singapore, 6 May 2024 – To help navigate an increasingly complex macroeconomic landscape and support the overseas expansion of Singapore FinTechs, the SFA has today announced that they will form a Strategic Advisory Council to advise SFA and the FinTech community on key issues and to advance the interests of the FinTech community in Singapore. With the formation of its inaugural Strategic Advisory Council, SFA has appointed four members, who are senior leaders in public and private organisations. They are: Dr. Ong Chen Hui, Assistant Chief Executive, Infocomm Media Development Agency (IMDA) M ..read more

16 November 2023, Singapore Singapore FinTech Association President Shadab Taiyabi recently discussed the evolving landscape of talent in FinTech with Hongbin Jeong from Money FM 89.3 during the Singapore FinTech Festival. This conversation coincided with the launch of the FinTech Talent Report 2023, a collaborative effort between SFA and Accenture Singapore. Check out the full interview here The report delves into how FinTechs are navigating and prospering in the current business environment, particularly in developing their talent amidst prevailing skills and talent shortages. Despite a d ..read more

16 November 2023, Singapore SFA President Shadab Taiyabi and Nesan Govender, MD of the Monetary Authority of Singapore, recently discussed the impact of emerging technologies in FinTech talent with Dawn Karen Tan and John Leong on Channel NewsAsia. At the Singapore FinTech Festival 2023, SFA and Accenture Singapore launched the FinTech Talent Report 2023. The report explores changes in the sector and how firms are adapting to competition. Employee retention in FinTech has increased by 10%, with a focus on training existing employees to meet evolving talent needs. Watch the video here ..read more

17 November 2023, Singapore At this year’s record-breaking Singapore FinTech Festival, Singapore FinTech Association (SFA) played a pivotal role in steering discussions towards the burgeoning impact of AI in finance and the pursuit of sustainability objectives. Singapore FinTech Festival (SFF), now in its eighth edition, is a dynamic convergence of innovation and collaboration: It is an assembly of some of the sharpest minds and most influential leaders in the global technology and financial arena, and a place to forge valuable connections with industry peers, trade insights and experience cu ..read more

All existing BNPL Service Providers in Singapore have reached a new milestone in implementing safeguards in accordance with the BNPL Code The BNPL Code of Conduct, which sets out industry guidelines and enforcement mechanisms for BNPL providers, aims to protect Singapore consumers SINGAPORE, 9 November 2023 – The Buy Now, Pay Later (BNPL) Working Group, formed by the Singapore FinTech Association (SFA) and industry players, under the guidance of the Monetary Authority of Singapore (MAS), has announced that its Buy Now, Pay Later Code of Conduct (BNPL Code) has entered its next phase of imple ..read more

Fueling Cross-Border Innovation and Collaboration SINGAPORE, 7 November 2023 – Singaporean Fintech companies are making strides in Australia, marking a significant step in fostering cross-border fintech collaboration and trade. Project Lorikeet is a joint initiative between the Singapore FinTech Association (SFA) and the Australian Trade and Investment Commission (Austrade) which aims to boost fintech trade and investment flows between Singapore and Australia. The platform allows Fintechs to explore opportunities in both markets, encouraging synergy and growth in the sector. Senior Trade and I ..read more

BNPL Industry Group The BNPL Working Group Will Propose Industry Guidelines And Enforcement Mechanisms With The Goal Of Maximising The Positive Impact Of BNPL Solutions   Singapore, 21 March 2022 The Singapore FinTech Association (SFA) today announced the formation of the Buy Now, Pay Later Working Group (BNPL WG) as an industry-led initiative to develop a BNPL Framework for the Singapore market. The BNPL Framework will mitigate risks of consumer over-indebtedness, ensuring that BNPL offerings will have a positive impact on Singapore consumers, as well as continue to benefit the ecosystem ..read more

It is the first career conversion programme in the industry. Workforce Singapore (WSG) and Singapore FinTech Association (SFA) have launched FinTech Talent Programme (FTP), the first attach-and-train Career Conversion Programme (CCP) in the industry. FTP aims to develop an industry pipeline of capabilities in key technology roles within the FinTech industry by re-skilling mid-career individuals. The nine months-long programme will operate under WSG’s attach-and-train CCP. Programme participants will be provided structured training and work attachments before job placement with participating co ..read more

SINGAPORE, 10 February 2023 – Workforce Singapore (WSG), together with programme partner Singapore FinTech Association (SFA), today launched a FinTech Talent Programme (FTP), an industry-first Attach-and-Train Career Conversion Programme (CCP) aimed at re-skilling mid-career individuals to develop an industry pipeline of capabilities in key technology roles within the FinTech industry, commencing with the role of Software Quality Assurance Engineer. The FTP was launched in light of the growth of the FinTech sector in Singapore and the accompanying rise in demand for FinTech talent. Curren ..read more

The BNPL Code of Conduct aims to protect consumers and ensure that BNPL offerings benefit Singapore’s ecosystem SINGAPORE, 20 October 2022 – The Buy Now, Pay Later (BNPL) Working Group, formed by the Singapore FinTech Association (SFA) and industry players including Atome, Grab Financial Group and ShopBack, under the guidance of the Monetary Authority of Singapore (MAS), today launched its Buy Now, Pay Later Code of Conduct (BNPL Code). The BNPL Code sets out guidance for BNPL service providers in Singapore to protect consumers and ensure that BNPL offerings will continue to ben ..read more