FinTech Forum – The New Era of Finance Redefined
Fintech is disrupting traditional financial services globally in new facets never imagined before. As the international financial center, Hong Kong is entering the age of virtual banking where new players are set to transform the incumbent industry landscape, catalyse financial inclusion with greater banking convenience. Leading innovators are also reinventing insurance as a digital business with latest insurtech breakthroughs to optimise service offerings, reinventing cyber insurance at scale while slashing costs along the value chain. Advancement in blockchain-based smart contract innovation continues to streamline and reform workflows in trade finance and enable businesses to optimise efficiency. Hear from the experts and forerunners in these fields for the new order of financial world.
|09:00 – 09:10||Welcome Remarks
|09:10 – 09:20||Opening Remarks
|09:20 – 09:25||Group Photo|
|09:25 – 09:50||Fintech Empowerment: Entering a New Era of
A new round of technology and industrial revolution represented by emerging technologies such as artificial intelligence, big data, machine learning, cloud computing, and Internet of Things has emerged. We are in a new digital era with rapid development. To help the Great Bay Area developing an International Innovation and Technology Hub, Hong Kong needs to play a leading role to promote Fintech innovation. With the in-depth integration of technology and finance, financial services in the new era are gradually showing the trends such as automation, intelligence, data-driven, and open ecology. Some new forms such as virtual banks have emerged. The future of financial industry requires all parties to work together to jointly promote technology innovation and regional cooperation, to build the future of financial services together.
|09:50 – 10:15||Technology Brings Inclusive Financial Services
to Small Businesses
|10:15 – 10:45||Panel Discussion: Virtual Banking Shaking up
FinTech Landscape (In Partnership with China
Hong Kong is welcoming the new era of smart banking with the introduction of virtual banks. The new milestone is set to accelerate financial inclusion and present a new kind of customer experience. As an international financial centre and heavily-banked city, what would be the future roadmap of technology-enabled financial service development? How would the new players supercharge the competitiveness of the sector and expand new businesses especially in the Greater Bay Area, Southeast Asia and beyond to power the growth and interconnectivity of financial services?Moderator:
|10:45 – 11:05||Break|
|11:05 – 11:30||InsurTech: The Tech-enabled Payer-to-Partner
As the InsurTech era dawns in Asia, opportunities abound in creating consumer-driven health insurance and healthcare services experiences. This session will dive into tech-enabled applications such as telehealth, virtual clinics, care coordination, remote monitoring, and data and analytics. This will include examples of the potential for AI, data and analytics and automatized processes to assist pricing, underwriting and claims processing, and personalised insurance. Data and analytics are also important tools for insurers to become true partners with their customers. HealthTech’s development is a complement to InsurTech. AXA’s ability to facilitate customer engagement across the continuum of care is part of AXA’s Payer-to-Partner focus on the customer and innovation.
|11:30 – 12:00||Panel Discussion: Setting the New Standard of
Nowadays every insurance company is prioritising digital transformation to propel customer-centric services and capture the greatest value of the insurance value chain.
Application of InsurTech becomes multi-fold, integrating AI, machine learning, blockchain, IoT in decision making, data analytics, customer interaction, personalisation and targeting. Flagship programmes introduced by regulatory authority such as Sandbox and Fast Track have also opened up huge opportunities for insurers to embrace technology innovations and sparked wider collaborations between start-ups and incumbents. What will the future insurance ecosystem look like?Moderator:
|12:00 – 12:30||Panel Discussion: The Future of Trade Finance -
Smart Contract with Blockchain
The advancements in blockchain technology powering smart contract developments are set to challenge the status quo of trade finance where transactions will be automated, decentralised and business operations rationalised. This session will discuss how smart contracts tackle pain points and achieve optimal efficiencies of SMEs or traditional businesses by reducing redundancy, transforming payment processing and eliminating friction and fraud to make it a truly network business.Moderator:
|12:30||End of Forum|
Programme is subject to change without prior notice