Thought leaders in Cambridge and Singapore have made an agreement to bolster FinTech.
The agreement will fast-track research and commercialisation in FinTech.
It includes the Cambridge Centre for Alternative Finance (CCAF), the Asian Development Bank Institute (ADBI) and the Cambridge Centre for Advanced Research & Education in Singapore (Cambridge CARES).
They will try to support technology-enabled financial innovation and knowledge sharing through focused collaboration.
What does this mean?
As part of the agreement a team will be based in Singapore, enabling projects that fall under the pillars of the Cambridge Alternative Finance Collaboration Network (CAFCN). These pillars involve knowledge transfer, market development and regulatory change.