{"id":861,"date":"2019-11-09T16:41:25","date_gmt":"2019-11-09T16:41:25","guid":{"rendered":"http:\/\/www.nusbizadclub.com\/bizcare\/?p=861"},"modified":"2021-05-17T14:06:11","modified_gmt":"2021-05-17T14:06:11","slug":"future-of-fintech-panel-discussion-on-the-opportunities-of-the-fintech-industry","status":"publish","type":"post","link":"http:\/\/www.nusbizadclub.com\/bizcare\/panel-discussion\/future-of-fintech-panel-discussion-on-the-opportunities-of-the-fintech-industry\/","title":{"rendered":"“Future of FinTech” Panel Discussion on the Opportunities of the FinTech Industry"},"content":{"rendered":"

Fintech. Quite a buzzword in today\u2019s world. Yet, how many of us are truly aware of the industry\u2019s inner workings? Its actual mechanisms, and the skills demanded in this growing industry? Basically, what is Fintech all about?<\/p>\n

With the recent event organized by NUS Business Career Development committee (BizCare), \u201cFuture of Fintech\u201d<\/strong>, we saw many of our enigmatic business students turning up, precisely to get the answers to those questions and more!<\/p>\n

For the event, professionals from different companies and divisions involved in Fintech came in to lead the panel discussion on this booming industry. Among the panel were; Jessie Sim (Fintech analyst at DBS), Harris Leow (Business Associate at VISA), Daniel Huang (Director of Business Development at FUNDEDHERE) and Kenneth Lou (Co-founder and CEO of Seedly)<\/strong>.<\/p>\n

<\/a><\/p>\n

The panelists jumped right into it, taking it from the base \u2013 why did Fintech emerge and the reason of its prominence today? Two words to sum up their elaborate discussion in response \u2013 inefficiency and high costs. In order to cut down on the inefficiency and the high costs in the \u201cfinance\u201d industry, \u201ctechnology\u201d is the way forward.<\/p>\n

Furthermore, heavily anticipated topics such as \u201cblockchain\u201d, \u201ccryptocurrency\u201d and various forms or payment such as \u201cPaylah\u201d and \u201cGrabpay\u201dwere in circulation, leading our panelists to discuss the topic even more in depth.<\/p>\n

Our students gained profound insights from this engaging interaction as the floor was kept open to all questions, ranging from \u201cHow did you get where you are today?\u201d, to \u201cHow do you think old players like Visa and NETS are handling entrants like GrabPay?\u201d, as well as \u201cWhat are the pre-requisites and how is the career progression in this industry?\u201d.<\/p>\n

Each and every discussion was put across in an engaging, open-ended and informative manner \u2013 light-hearted but accompanied by valuable pointers.<\/p>\n

<\/a><\/p>\n

Some of the notable pointers and tips we picked up (in case any of you missed it):
\n\u2b9a \u201cIn fintech: Everyone is fighting for your wallet.\u201d<\/p>\n

\u2b9a \u201cThe holygrail for every person is the financial decisions they make day to day.\u201d<\/p>\n

\u2b9a \u201cWith internships, you learn more than theories; you learn more about what fintech is to you.\u201d<\/p>\n

\u2b9a \u201cTaste as many chocolates as you can. Only then you can decide.\u201d<\/p>\n

\u2b9a \u201cFollow your passion, work hard. Wherever you land up, it is a matter of perspective.\u201d<\/p>\n

\u2b9a \u201cAs millennials, we need perseverance. We need to learn fast, and especially go through hard times as well.\u201d<\/p>\n

\u2b9a \u201cIt is not only about resume. Do more. Join clubs, go for NOC, SEP etc\u2026 and create your own story. You go by the traditional way, you\u2019ll get the traditional job. Do things that shows your passion and grit \u2013 it shows character. For success isn\u2019t always necessary; it\u2019s more about how you create your brand.\u201d<\/p>\n

<\/a><\/p>\n

Well, with that and many more such quirky, deep insights from the panelists\u2019 own personal experiences, the event was successfully wrapped up, with BizCare having once more organized a conducive and enlightening panel discussion for our students to walk away with meaningful insights and a newfound understanding of the industry and the drive to achieve more.<\/p>\n","protected":false},"excerpt":{"rendered":"

Fintech. Quite a buzzword in today\u2019s world. Yet, how many of us are truly aware of the industry\u2019s inner workings? Its actual mechanisms, and the skills demanded in this growing industry? Basically, what is Fintech all about? With the recent event organized by NUS Business Career Development committee (BizCare), \u201cFuture of Fintech\u201d, we saw many… <\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"neve_meta_sidebar":"","neve_meta_container":"","neve_meta_enable_content_width":"","neve_meta_content_width":0,"neve_meta_title_alignment":"","neve_meta_author_avatar":"","neve_post_elements_order":"","neve_meta_disable_header":"","neve_meta_disable_footer":"","neve_meta_disable_title":"","footnotes":""},"categories":[44,11],"tags":[],"class_list":["post-861","post","type-post","status-publish","format-standard","hentry","category-ay19-20-panel-discussions","category-panel-discussion"],"_links":{"self":[{"href":"http:\/\/www.nusbizadclub.com\/bizcare\/wp-json\/wp\/v2\/posts\/861","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.nusbizadclub.com\/bizcare\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.nusbizadclub.com\/bizcare\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.nusbizadclub.com\/bizcare\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.nusbizadclub.com\/bizcare\/wp-json\/wp\/v2\/comments?post=861"}],"version-history":[{"count":10,"href":"http:\/\/www.nusbizadclub.com\/bizcare\/wp-json\/wp\/v2\/posts\/861\/revisions"}],"predecessor-version":[{"id":1520,"href":"http:\/\/www.nusbizadclub.com\/bizcare\/wp-json\/wp\/v2\/posts\/861\/revisions\/1520"}],"wp:attachment":[{"href":"http:\/\/www.nusbizadclub.com\/bizcare\/wp-json\/wp\/v2\/media?parent=861"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.nusbizadclub.com\/bizcare\/wp-json\/wp\/v2\/categories?post=861"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.nusbizadclub.com\/bizcare\/wp-json\/wp\/v2\/tags?post=861"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}