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FinTechOn 2024 returns with a focus on the regulation of virtual assets and the fight against fraud
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FinTechOn 2024 returns with a focus on the regulation of virtual assets and the fight against fraud

TAIPEI, October 15, 2024 /PRNewswire/ — The fifth FinTechOn Conference should take place on November 4, 2024led by the National Taiwan Development Council and organized by the Taiwan FinTech Association (TFTA) at the Grand Hyatt Taipei.

The Taiwan FinTech Association (TFTA) will host FinTechOn 2024 with the theme “Dawn Light: Virtual Asset Regulation and Anti-Fraud Actions” on November 4.

The Taiwan FinTech Association (TFTA) will host FinTechOn 2024 with the theme “Dawn Light: Virtual Asset Regulation and Anti-Fraud Actions” on November 4.

With “Dawn Light: regulation of virtual assets and anti-fraud actions” as this year’s theme, the annual one-day forum is expected to bring together more than 350 participants. It brings together high-level executives, regulators, government officials, law enforcement and the most influential people shaping the future of FinTech globally. Registration for FinTechOn 2024 is now open.

Distinguished speakers include Sopnendu Mohanty, Director of FinTech at the Monetary Authority of Singapore (MAS); Peter Kerstensadvisor for digitalization of the financial sector and cybersecurity at the European Commission; Seiji YukiExecutive General Director of the Japan Virtual and Crypto Assets Exchange Association (JVCEA) and Co-Founder and Executive General Director of the Japan Cryptoasset Business Association (JCBA); Brian Byagaba, Head of FinTech Abu Dhabi Global Market (ADGM); Angelina A. Kwanformer Managing Director and Head of Regulatory Compliance for Hong Kong Exchange and Clearing; Hsi-Ho Huang, director of the securities companies division at the Taiwan Financial Supervisory Commission; And Wayne Lochief prosecutor of the Shilin District Prosecutors’ Office in Taiwan.

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“FinTech is not only about changes in finance and technology, but also about their impact on human behavior and the functioning of our economy and society,” said Jaclyn Tsaihonorary president of the TFTA and former minister without portfolio of that of Taiwan Executive Yuan in charge of digital policies. “AI and blockchain are two key technologies shaping the future of FinTech, while also presenting significant challenges. We are at a crucial moment and FinTechOn 2024 is a unique platform where we exchange lessons learned from global experiences for better practices in regulation and fighting crime. “

Another strong point will be the presence of Asia FinTech Alliance (AFA), an international platform launched last year at the Singapore FinTech Festival (SFF), with 14 member associations representing 14 Asian economies. Jaclyn Tsai is currently president of the AFA.

According to the FBI report released last month, victims reported more than $5.6 billion of cryptocurrency-related fraud in 2023, an increase of 45% compared to the previous year. To solve this urgent problem, a cross-border common defense network and private-public collaborations are essential. Real-world case studies will be presented at the forum, showcasing the strength of partnerships between law enforcement and industry.

Additionally, AFA members will sign a memorandum of understanding (MOU) to collaborate on anti-fraud initiatives. AFA and KPMG Taiwan set to launch white paper Riding the Wave: Exploring the Financial Technology Frontierwhich maps the FinTech landscape in Asia. AFA members will participate in these two key sessions in person and online.

FinTechON 2024 is led by the National Taiwan Development Council, hosted by TFTA and supported by the Taiwan Association For Blockchain Ecosystem Innovation (TABEI) and XREX Group. The organizers would also like to thank HOYA BIT, MaiCoin Group, Taiwan Mobile Co., Ltd., ZONE Wallet, Cathay Financial Holdings, Lee, Tsai & Partners, Attorneys-at-Law, LYODS System Limited and Bito Group for their valuable support. sponsorship.

AFA and its association members joined as international community partners of FinTechOn 2024, including Korea FinTech Industry Association (KORFIN), Elevandi Japan, Philippines’ Fintech Alliance.Ph, FinTech Association of Malaysia (FAOM), Thai FinTech Association (TFA), FinTech Association of Hong Kong (FTAHK), Singapore FinTech Association (SFA), Fintech Indonesia, Mongolian Fintech Association (MFA), Cambodia Association of Finance and Technology (CAFT), FinTech Alliance Nepal, Vietnam Fintech Club and India Fintech Convergence Council (FCC).

General Chamber of Commerce of the Republic of ChinaMonte Jade Scientific and Technological Association (Taiwan), Taipei Finance Foundation, Chinese Arbitration Association, Taipei (CAA), Digital Technology and Applications Committee of the General Chamber of Commerce, Taiwan Internet and E-Commerce Association (TiEA), Digital Trust Association of TaiwanThe Taiwan Virtual Asset Service Provider Association, Taiwan Blockchain Academia (TBA), and Taiwan Virtual Asset Anti-money Laundry Association (TVAAA) are among the community partners supporting FinTechOn 2024.

Registration for SFF 2024 is now open open. For partnerships, media coverage and collaborations, please contact us at (email protected) Or (email protected)

About the Taiwan FinTech Association (TFTA)

THE Taiwan Financial Technology Association (TFTA) is a non-profit organization that aims to promote the development and innovation of financial technology (fintech) in Taiwan. It was established in 2017 and has since become one of the leading voices in the fintech industry in Taiwan.

The TFTA advocates for policies and regulatory measures that support fintech innovation both domestically and internationally. The TFTA maintains close ties with government units, industry players and international organizations. The TFTA serves as a crucial platform to connect, collaborate and facilitate development within the Taiwan fintech community.

The TFTA is an official member of the Asian fintech alliance (AFA), which is an alliance comprising FinTech associations from various countries and regions in Asia.

This strategic partnership between the TFTA and the AFA allows Taiwan actively engage with the wider Asian FinTech community, aligning with regional trends and amplifying the country’s influence in the global FinTech landscape.