Over half a year in the making, the day has arrived: 'Demo Day' (Singapore) that is – a chance for finalists from the Asia-Pacific round of the Citi Tech Integrity Challenge to showcase their innovations, and quite possibly reshape the public sector and industry as we know them today.

FST Media spoke with Laura Gaviria Halaby, chief coordinator of the T4I, to discuss how the event seeks to inspire innovations that promote integrity and accountability.

The International Finance Corporation, a member of the World Bank Group, and the Monetary Authority of Singapore this week signed a memorandum of cooperation to establish the ASEAN Financial Innovation Network.

Emerging affluent consumers in Asia were more likely to boost their savings by over 40 per cent if they were more digitally savvy, according to Standard Chartered.

Emerging affluent consumers in Asia were more likely to boost their savings by over 40 per cent if they were more digitally savvy, according to Standard Chartered.

Eighty one per cent of businesses in Western Australia (WA) are claiming to be innovating services, but only 46 per cent of these were counted as active innovators against a Commonwealth Bank of Australia (CBA) scale, meaning around $37 billion in possibl

New statistics from the Commonwealth Bank of Australia showed that the value of untapped innovation in Western Australia to be approximately $37 billion.

The Hong Kong Monetary Authority and the UK Financial Conduct Authority have entered into an agreement to foster collaboration between the UK and Hong Kong regulatory authorities to promote fintech innovation.

The Hong Kong Monetary Authority and the UK Financial Conduct Authority have entered into an agreement to foster collaboration between the UK and Hong Kong to promote fintech innovation.

FutureTech Jakarta

Jakarta's premier FutureTech event bringing together 100+ C-level and senior executives to discuss emerging technology trends and future opportunities for financial services and business enterprises.

Government earmarks $10 million to grow the network of incubators and accelerators, together with $3 million in direct grants to start-ups.

The Government has earmarked $10 million to grow the network of incubators and accelerators, together with $3 million in direct grants to start-ups.

If banks innovate too quickly, they are at risk of not focusing on customer’s needs, and losing customers, according to ING Direct.

Banks were at risk of not focusing on customer’s needs, if they were driving innovation too quickly, according to ING Direct.

DBS Bank has opened an innovation space in Singapore for up to 100 people as part of its digital transformation agenda and to coincide with Singapore Fintech Week.

Shantanu Sengupta, Head, Consumer Banking Group, DBS Bank India

"We have seen a significant amount of action in the fintech space in India - competition is no longer limited to banks, the competition today is with the banks and fintech providers; the entry of the disruptors has helped the overall ecosystem by driving awareness and inquisitiveness in customers to try new-age digital solutions..."