Singapore Wants to Learn from China, and Ant Financial Brings ATEC to the City


Singapore's government wants the city to learn from China's move to cashless payments.

China's aggressive turn to mobile cashless payments has caught the attention of many, including Singapore's own high level officials. In August of last year, Singapore's prime minister, Lee Hsien Loong, spoke before the national assembly about the need to develop the cashless payment economy for the country, making it an element of the city state's plan to become a "Smart Nation." And that means that Singapore is laying out the welcome mat for companies like Ant Financial.

As the leader of fintech innovation in China, if not the world, and the parent company of Alipay, Ant Financial has always had an ambitious vision: to bring people everywhere more equal opportunities through technology. 

That’s why Ant Financial has been hosting ATEC (Ant Technology Exploration Conference) all around the world. The conference is targeting Ant’s global partners and tech experts, aiming to explore frontier technology with them, to help bring the world more equal opportunities.

Following on from the last overseas ATEC in Silicon Valley just two months ago, Ant Financial is now taking the conference to Singapore to share its mission with global partners and technologists, concentrating on its five core fundamental technology strategies: Blockchain, AI, Security, IoT, and Computing—or BASIC, for short.

This conference will be headlined by Ant's CTO, Cheng Li, along with other tech leaders. Cheng Li will lay out Ant Financial's philosophy for equality in financial opportunity, and share how the fundamental technologies of the five areas of BASIC can be put to use for the purpose.

Cheng Li will also share some of the technical and security challenges that Ant has encountered in the process, as well as how Ant and its partners are working to promote financial equality across an even broader range. 

To better illustrate its work and where it sees fintech going, Ant has also produced a three-part exhibit on BASIC technologies that will be on display at the conference, covering fintech innovations, industry solutions, and globalized operations. The exhibit will give attendees a chance to get hands-on experience with how Ant Financial is putting blockchain and other advanced technologies into use.

Simultaneously, ATEC Singapore is a keystone of Money 20/20, a summit that started in the US in 2011 and has grown into the world's largest high level conference on payments and finance. Now, from March 13-15, Money 20/20 will be hosted in Asia for the first time.

IFC's global director Giri Jadeja will be speaking on the new wave of global financial development being powered by technology, while Sopnendu Mohanty, the Chief Fintech Officer for the Monetary Authority of Singapore, will present on what Singapore has learned thus far from its experiments in using AI and blockchain to transform itself into a Smart Nation.

But of course, there are many different, and impassioned, views on how fintech should evolve from this point forward, and with an eclectic lineup of speakers from all across Southeast Asia, there are bound to be surprises. In this ATEC forum to crack open and reveal the Southeast Asia payments ecosystem, Ant Financial's General Manager of Glocal Business, Zhang Dayong, will lead a discussion between Punnamas Vichikulwongsa, CEO of Ascend Group, Thailand; Anthony Thomas, CEO of Mynt, Philippines and other key mobile payment players across Southeast Asia.

ATEC Singapore will be a focused and in-depth demonstration of Ant Financial's technical capabilities and its mission to "bring the world equal opportunities."

Event: Ant Technology Exploration Conference (ATEC) Singapore

Date & Time: March 14, 2018, 3:30-6:30 PM

Location: Singapore Marina Bay Sands Hotel

This event is hosted by Ant Financial, organized by PingWest

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