The first patent using the FinTech Fast Track Initiative
("FTFT") was recently granted
by the Intellectual Property Office of Singapore
("IPOS") to Voyager Innovations
Inc., a Philippines-based company that focuses on the delivery and
development of digital technology services.
The FTFT is a program designed to assist Financial Technology
("FinTech") enterprises within
the region to get their products or services protected in a shorter
span of time (instead of the usual 2 -4 years). Such IPOS
innovations have contributed to Singapore being ranked as the best
in Asia and fourth in the world for having the best IP protection,
according to the latest 2017/2018 World Economic Forum's Global
Competitiveness Report.
