Insights on FinTech Development and Application in Hong Kong

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Abstract Description

The term FinTech, a portmanteau of "financial technology", is used to describe new digital technology which has the potential to improve the delivery of financial services. FinTech helps companies, business owners, and consumers to better manage their financial operations, processes, and daily lives through the use of specialised software and algorithms in computers and, increasingly, in smartphones. 

Today, FinTech is involved in nearly all technological innovation and automation in the financial sector, and is responsible for major advances in retail banking, wealth management, lending and borrowing, fundraising, money transfers/payments, investment management, and more.

In this presentation, Mr. Vincent Hui will give an overview of Hong Kong’s FinTech ecosystem as well as the implications of emerging technologies for the city’s banking and healthcare industries. Mr. Hui will also share some updates on the Bank of East Asia’s latest developments in innovation and digitalisation.

 

Abstract ID :
HAC1356
Submission Type
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