Honored to be invited to this insightful discussion on cross-border collaboration for fintech innovation. We look forward to continuing to support GBA growth with our tech expertise and to driving more collaboration across the region!
📢The HKMA announced the launch of “Fintech Connect” – Hong Kong’s first cross-sectoral sourcing platform bridging financial institutions with fintech solution providers – at this year’s Hong Kong FinTech Week. To further enhance the platform, the HKMA is partnering with the Qianhai Authority to incorporate Qianhai-based fintech solution providers, strengthening cross-border ties and fostering mutual growth and development within the fintech ecosystem in the Greater Bay Area. In his keynote address, Arthur Yuen, Deputy Chief Executive of the HKMA, highlighted that Fintech Connect would enable financial institutions to partner with solution providers via more direct networking and precise matching to explore innovative solutions together. Read more about Arthur’s speech: https://lnkd.in/geNyn3yS The following panel discussion, which was moderated by Carmen Chu, Executive Director (Banking Supervision) of the HKMA, joined by Helen Wen, Deputy Director of the Qianhai Authority, Henry Ma, EVP & CIO of WeBank, and Daniel Chan, Head of GBA of HSBC, shed light on cross-border collaboration in driving fintech innovation and secured data flows. Examples have been shared on how fintech firms were able to expand their global footprint in a shorter timescale by capitalising on Hong Kong’s role as an international financial centre. This unique collaboration marks the beginning of greater cross-border collaboration on fintech innovation and deployment among cities in the GBA region. The HKMA encourages responsible innovation and remains committed to promoting more secure and innovative fintech adoption by financial institutions. Stay tuned for more Fintech events! #Fintech #Crossborder #Fintechsolutions #Innovation #GBA