In my fourth post, I look at Singapore’s Personal Data Protection Act (PDPA). It broadly aligns with standards in other global legislation, albeit with some crucial differences such as control and access requests as opposed to the right to be forgotten, and Singapore’s limitations on transferring personal data overseas.
As Singapore and now Malaysia gear up towards their digital banking futures, I wanted to look at the opportunities that digital banks have as they look to avoid the millstones their competition must face. Equally, I wanted to show the challenges and opportunities available to incumbents as they look to create their digital banks or look to evolve their transformation to avoid losing competitive advantage.
We are pleased to announce that Solidatus has been selected as a finalist for the Global FinTech Hackcelerator 2019. Having opened an office in Singapore earlier this year, we entered the Local Programme stream and were selected by the Monetary Authority of Singapore (MAS) as a top 10 winner from over 200 submissions across 30 countries.
We are pleased to announce that Solidatus is the winner of the UBS Future of Finance Challenge Smart Risk Management category. We were chosen out of hundreds of initial applicants to pitch our solution to a panel of senior executive UBS experts. The pitch, delivered by Co-Founder Philip Miller, was selected as the winner from the top 10 finalists in a well contested group.
Solidatus joins the Department of International Trade (DIT) Trade Mission to Money20/20 Asia in Singapore