FinTech LIVE Singapore – CIMB VP digital innovation keynote

Share
Youtube Placeholder
FinTech LIVE Singapore – CIMB VP digital innovation keynote

Joining Neil Perry, Group Editorial Director at BizClik on the virtual stage at FinTech LIVE Singapore, Khwanchai Huailuk, Vice President of Innovation (Digital Banking) at CIMB delivers the first keynote of the day discussing transformation in banking operations.

Banking trends and the role of fintech

Kickstarting his keynote with an overview of the current landscape in digital banking and fintech innovation, Khwanchai defines fintech as technology facilitating fundamental financial services, enhancing user control, safety and efficacy of financial transactions. 

“Fintech has challenged the status quo in the finance industry,” said Khwanchai. “Fintech has made financial services more accessible.”

He also provides examples of fintech solutions across various segments including payments, asset management and cryptocurrency and highlights the benefits of collaboration between banks and fintech companies for mutual benefit and innovation. 

Making financial services more accessible – especially in low-income populations – fintech solutions provide several benefits including customisation, efficiency, cost reductions, real-time and secure transactions, and streamlined lending processes. 

Khwanchai Huailuk, Vice President of innovation (Digital Banking) at CIMB

Looking to the future

Showcasing the adoption of fintech solutions in payments, lending and wealth management in Asia, Khwanchai highlights the benefits of collaboration between countries for cross-border payment solutions. 

Khwanchai shares statistics on the growth of digital payments in Thailand and initiatives towards a cashless society. 

More to come in 2024…

Connecting the world’s technology and AI leaders, FinTech LIVE will be returning in 2024 to bring the biggest global businesses together to deliver insightful keynotes, fireside chats and panel discussions sharing valuable knowledge and real-world experiences. 

FinTech Magazine will be hosting two other events in 2024, including:

To get your tickets, click here.

To become a sponsor of FinTech LIVE, click here.

******

Make sure you check out the latest edition of FinTech Magazine and also sign up to our global conference series – FinTech LIVE 2024

******

FinTech Magazine is a BizClik brand

Share

Featured Articles

How UBS Deploys Microsoft AI Platform in Global Operations

UBS implements Azure-based assistant to 30,000 staff in Asian and European booking centres through enterprise-scale transformation programme

WEF: Global Finance Leaders Back Bitcoin as Reserve Asset

Global financial leaders discuss cryptocurrency adoption and stablecoin growth at World Economic Forum, as digital assets gain mainstream acceptance

UK Finance: AI Spend to Hit Record Levels in 2025

UK Finance’s joint research with Accenture reveals financial firms will allocate 16% of technology budgets to AI as automation accelerates

How Databricks Raised US$15.3bn at US$62bn Valuation

Venture Capital

Silverfin: How Tech Boosts Accounting Firms' Efficiency

Financial Services (FinServ)

Nasdaq & BCG: Bank Complexity Costs Industry $50bn Annually

Banking