UBS unveils 3rd Future of Finance Challenge contest in Singapore

UBS on Thursday said it has launched its third Future of Finance Challenge competition in Singapore, an open competition targeting fintech startups and technology entrepreneurs globally.

Delivered in collaboration with Deloitte and 100%Open, an innovation agency, the competition looks to offer commercial and technical expertise to participants and provide access to UBS's innovation pipeline. UBS said it would be on the hunt for innovative and potentially disruptive technological ideas and solutions. These solutions need to address specific challenges in transforming banks, and also the future of finance.

Topics include technology enablement, smart risk management, digital transaction rails and tokenised assets, as well as deepening relationships with clients.Competition participants will be able to present their ideas and solutions globally, along with winning cash prizes and opportunities worth over US$200,000, along with over 150 hours of coaching from UBS experts, mentors and partners.

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