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Join the AI Revolution: Global FinTech Challenge 2023 Awaits Innovative Minds!

AI in Finance Global Challenge - Image via APIX
AI in Finance Global Challenge - Image via APIX
  1. 8th edition of Global FinTech Hackcelerator focus on AI in Finance.
  2. 16 problem statements focused on 4 key areas.
  3. Top 20 teams get S$20,000 cash stipend, can also go for AISG Startup Grant.

Ever heard of Global FinTech Hackcelerator: “Artificial Intelligence (AI) in Finance Global
Challenge”?

It’s like this cool event where people come together to make AI stuff for finance wor.

Bet your socks dunno hor?

What’s this Hackcelerator thing?

Okay lah, let me explain.

It’s like this competition called Global FinTech Hackcelerator.

This year’s theme is AI in Finance.

People from all around the world submit innovative AI solutions to tackle 16 problem statements.

These problems grouped into 4 areas loh:

  1. Elevating Customer Experience;
  2. Enhancing Operational Efficiency;
  3. Strengthening Risk, Compliance and Fraud Monitoring;
  4. Enabling Environmental, Social and Governance (ESG) solutions

How to win this thing?

Wah bro, you tau pok siah?

So here’s the scoop: up to 20 finalists will be chosen to go through this programme with a Corporate Champion.

Each finalist will get S$20,000 sweet sweet cash stipend.

Judging process also leceh one ah?

Abit lah. Got two parts sia.

First, must showcase their technical working solution to some committee.

Then, at the FinTech Festival, got to pitch their solution to a panel of experts.

Top 3 teams win S$50,000 each leh, and if they geng enough, can try for AISG Start Up grant to get up to S$500,000 more wor.

Actionable takeaways hor

  • If you got some AI power in finance, go try submit your ideas before July 18.
  • Must think of AI that can chut pattern but still useful one ah.
  • Can win big money one hor, so better make sure your idea solid.

So bae, now you know.

Global FinTech Hackcelerator, not just any pasar malam competition wor.

It’s the real deal.

Remember how Mr Sopnendu Mohanty from MAS said “AI solutions should include interoperability, inclusivity, affordability, and fairness”… Like finding the kaya toast of finance world lor.

What’s your take ah?

Think got chance to build AI that can shake up finance industry?

Drop your thoughts below leh.

What do you think?

Written by Patrick Tan

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