THE world of finance is always at the forefront of progress, embracing change, adapting to and adopting new technologies, to better serve its stakeholders. The latest game changer is of course digitisation. It would make finance more inclusive, efficient, and accessible.
The industry’s rapid adoption of digitisation has already changed our financial habits. But financial technology or fintech, will further disrupt traditional financial services – in the best way possible.
Since 2014, the Securities Commission Malaysia’s (SC) annual fintech event – the Synergistic Collaborations by the SC or SCxSC – has been held to enhance awareness of local and global fintech developments and trends. Over the years, policymakers, innovators, investors and financial services providers have used this as a platform to discuss and explore new ideas.
This year, SCxSC2021 will be virtual from Oct 26 to 28 and based on a dual-track stream, allowing for more content and engaging conversations. Among the discussions is Islamic fintech as the next driving force for innovation in the Islamic capital market. The conference will also look into how fintech can help create a more inclusive society by improving access and availability to capital market services.
Day 1: Islamic fintech and regtech
Stage one of the conference features a stellar line up of Islamic finance thought leaders, beginning with an introduction to the values, principles and potential of Islamic fintech, by Alif Technologies co-founder Dr Farrukh Habib. There will also be discussion on Islamic fintech for inclusion and shared prosperity, blockchain for Islamic finance, shariah-compliant investing for beginners among others.
In addition, there will be a session discussing digital transformation for financial institutions featuring Rakuten Trade chief executive officer Kazumasa Mise.
On stage two, Alliance for Innovative Regulation Jo Ann Barefoot and SC director Dr Wong Huei Ching will explore the purpose and usage of regulatory technology (RegTech) globally.
Day 2: Innovative business models and inclusion
First up on stage one, is a panel discussion on embedded finance featuring Microsoft global digital advisor Scott Bales, Integra Partners Jinesh Patel, TM business innovation vice president Moharmustaqeem Mohammed and Google industry manager Xin Dee Ow.
Join the fireside chat with IFundWomen founder and chief executive officer Karen Cahn on bridging the gender gap with fintech, or explore the future of collaboration between fintech and financial institutions, with award winning futurist, Matthew Griffin.
Meanwhile on stage two, the Village of Solutions segment will feature presentations and demonstrations by SCxSC partners and exhibitors.
Day 3: Interested in NFTs?
Non-fungible tokens (NFTs), the hottest topic on the blockchain sphere, headlines the final day of the conference, with a panel discussion on Are NFTs the Future of Collectibles? featuring CoinGeeko chief executive officer Bobby Ong, Dapper Labs director of product marketing Weilei Yu and designer/artist Shamin Sahrum.
Stage two wraps up with a briefing on the joint initiative between SC and UNCDF Fikra Islamic Fintech Accelerator Programme, and a showcase of Fikra participants.
Finally, the SCxSC 2021 closes with an exploration by futurist Tariq Qureishy of what it means to be human in the digital age.
How to participate?
This free virtual conference is organised by the Securities Commission Malaysia in partnership with Rakuten Trade, MDEC and Bix Malaysia.Register here to join in at any time on any topic of interest.
For more information, visit https://www.scxsc.my/ and follow them on Twitter.