Fintech: Something New Under the Sun?

On 20 March 2019, the CUHK Fintech seminar : “Fintech: Something New Under the Sun?”  gathered over 130 participants to explore what Fintech is and its implications to the financial services industry.

Mr. Nelson Chow, Chief Fintech Officer of the HKMA, kicked-started the talk by discussing the evolution and emergence of technology in the world. Dynamic changes have been observed in the market, with a growing trend of technology involvement in businesses. He then shared his views about the future development of Fintech in Hong Kong.

Nelson went on to explain the HKMA’s stance on Fintech. The HKMA adopts a risk-based and technology-neutral approach in its supervision and puts in great effort in striking a right balance between retaining appropriate flexibility for innovations and ensuring that customer interests are properly safeguarded during the course of fintech development.

To enable this, the HKMA has launched a number of initiatives to promote Hong Kong as a Fintech hub in Asia. Two key initiatives are talent development and cross-border collaboration. Nelson believed nurturing talents to meet the growing needs of the Fintech industry in Hong Kong is the key to a sustainable fintech ecosystem. Hong Kong could also take advantage of the rapid fintech development in neighbouring regions.

In today’s dynamic business environment, changes in banking operations are required to cater for the latest market needs. To bring new opportunities to the retail payment industry and promote greater convenience and experience to the public, the HKMA launched the Faster Payment System in September 2018 as a core part of Hong Kong’s financial infrastructure. It has been well received by the public, as seen from the fact that the total number of registrations and transactions have surged to record high in the past few months. The HKMA will keep up the hard work in bringing the fintech initiatives from paper to reality, crafting a new era of Smart Banking.

 

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Program Overview

The 5-day program aims to equip managers with frameworks and techniques to formulate, analyze and implement strategies to lead an organization to succeed in the constantly changing and complex business environment. The program will first enable you to build up a CEO mindset for developing successful strategies for your organization. It will then deliver competitive strategies in various key areas, including managing organizational changes, powering business growth, achieving business start-ups and managing corporations in the global environment. In this intensive program, various tools and methods are explored to achieve the creation of value and alignment for the organization and its stakeholders.

Session Topics

  • Strategic Thinking
  • Strategy Formulation and Implementation
  • Leading Strategic Changes
  • Powering Growth
  • Business Strategy in Action
  • Business Start-up: Opportunities and Challenges
  • Creativity and Innovation for Business Development
  • Strategic, Cultural and Political Management Competences in a Global Corporation

Takeaways

  • Build the necessary mindset and capabilities for business success
  • Develop strategic frameworks to successfully manage change in an organization
  • Embrace strategic models to power growth for the business
  • Discover the elements that lead to successful business start-ups
  • Gain insight into the complexity of managing a business in a global setting

Who Should Attend?

Experienced senior-level managers and corporate planners

Contact

Miss Carmen Chan

Phone: (852) 3943 4387
Email: carmenc@cuhk.edu.hk