The face verification technology developed by GovTech enables Singaporean citizens and permanent residents to sign up for DBS' digital banking services and activate accounts by using a photo of themselves or in other words a 'selfie'.
The project aims to help Monetary Authority of Singapore and the industry better understand the technology and the potential benefits it may bring through practical experimentation.
The FSTB will launch the FAST Scheme for fintech companies and start-ups, and other enterprises with fintech-related businesses to create 1,000 new jobs to employ local people and enrich Hong Kong's fintech talent pool.
The scholarships help attract elite students who will be supporting the future development of FinTech in Hong Kong and other parts of the world.
OpenGov TV Speaker Panel – Open Banking
Part 2 of our OpenGov TV Speaker Panel series with OneConnect. Listen to experts talk about Open Banking and how it can impact the banking world!