The eighth edition of the Singapore FinTech Festival (SFF) will kick off today, November 15, up to 17, 2023, convening leaders and experts worldwide in finance, technology and public policy. The central theme of this year's SFF will revolve around "AI for good. AI for good?" which aims to explore the opportunities and challenges of using AI to transform the financial sector and society.

The SFF 2023 will also host the Elevandi Insights Public-Private Roundtables, where senior representatives from the public and private sectors will discuss critical issues and trends in AI and FinTech, such as ethical AI, data governance, digital identity, cyber resilience, green finance and financial inclusion.

The SFF 2023 is expected to attract over 60,000 attendees from over 100 countries, who can access the events and activities online or in person at various venues across Singapore. It is also expected that Project Greenprint will be discussed at SFF 2023. The project is a collection of initiatives launched by the Monetary Authority of Singapore (MAS) to enable a more transparent and efficient environmental, social and governance (ESG) ecosystem. The Project Greenprint platform will provide participants with a seamless, immersive experience and showcase the latest innovations and best practices in green and sustainable FinTech.

AI is a powerful and pervasive technology that can transform the financial sector and society for the better. However, AI also poses significant risks and challenges, such as bias, discrimination, privacy, security and accountability. The SFF 2023 will provide a platform for the global FinTech community to exchange ideas and insights on how to harness AI for good and how to address the ethical and regulatory implications of AI.

SFF 2023 and UNDP recognize that AI is a crucial enabler for achieving the UN Sustainable Development Goals, as it can help to solve some of the most pressing problems facing humanity, such as poverty, hunger, health, education, climate change and peace. UNDP is partnering with MAS and other stakeholders to support the SFF 2023, which will showcase how AI can advance social and environmental causes and how FinTech can contribute to global recovery and resilience in the post-pandemic era.

UnionBank of the Philippines will join the Singapore FinTech Festival 2023 as a gold sponsor. This is the sixth consecutive year that UnionBank has participated in the festival.

UnionBank will showcase its trailblazing technologies developed for blockchain, data analytics, and Artificial Intelligence at the festival. The bank will also highlight its digital journey and how it uses technology to transform the financial services industry in the Philippines and beyond.

In addition to exhibiting at the festival, UnionBank executives will participate in discussion panels and speaking sessions. The bank is committed to sharing its knowledge and expertise with the global fintech community, and it believes that the Singapore FinTech Festival is a great platform to do so.

UnionBank is also bringing select members of the media to join SFF 2023.

UnionBank's participation in the Singapore FinTech Festival 2023 is a testament to its commitment to innovation and its vision to be a leading digital bank in the region. The bank is excited to be part of the global fintech conversation and contribute to developing the next generation of financial services.