With the upcoming week long Fintech Festival organized by the Monetary Authority of Singapore (MAS), the central bank has named the 100 challenges it invites fintech startups and ventures from around the world to solve using innovative products and services. In November, MAS will organize the inaugural Singapore Fintech Festival which will bring together a series of district fintech events. As part of the Fintech Festival, MAS will also be hosting the Global Fintech Hackcelerator. Aimed at creating market-ready solutions to 100 industry problem statements, the Global Fintech Hackcelerator is inviting teams from around the world to submit their ideas and proposals. In August 2016, 20 teams will be shortlisted to join the 10-week Global Fintech Hackcelerator and present their solutions during demo day on November 15, 2016.

http://fintechnews.sg/3410/fintech/mas-details-100-problem-statements-global-fintech-hackcelerator/