The Global Finance & Technology Network (GFTN) is a not-for-profit organisation established by the Monetary Authority of Singapore (MAS) in 2024 to harness technology and foster innovation for more efficient, resilient, and inclusive financial ecosystems through global partnerships. GFTN organises convening forums, offers advisory services on innovation ecosystems, provides access to transformative digital platforms, and invests in technology startups with the potential for growth and positive social impact through its venture fund.
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Head of AI Research & Experimentation, Standard Chartered
Thorsten Neumann heads up the Innovation, Research and Partnership strategic pillar under the Chief Data Office of Standard Chartered with the focus on AI Research and Experimentation. He has published several papers and filed patents at IPOS. Mr. Neumann was recruited by Banro Corporation in 2010 to lead the Canadian TSX-listed gold miner’s technology strategy and group-wide ICT program in role of Group Technology Manager. He went onto co-founding Singapore-based fintech Transaction Technologies Pte Ltd (SmartPesa) and served as Director and Chief Technology Officer until June 2019, where he oversaw the roll out the payments platform to thirteen markets. The company was successfully acquired in April 2022 by MYPINPAD. In July 2019, Mr Neumann took on the Managing Director role and Chief Technology Officer at SC Ventures, the innovation arm of Standard Chartered Bank to deliver tangible value creation – in sponsoring entrepreneurs, technology due diligences for the $100 million investment fund, and creation of new disruptive business models. Mr Neumann holds a Masters in Computer Science specializing in Voice Over IP from the University of Pretoria, and Bachelors in Computer Science from the University of Johannesburg.
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