Key issues to be covered
Predictive analytics shaping the future of digital finance
Generative AI for a hyper-personalisation experience
The virtual world's game-changing power play in the digital shift
Blockchain, DAOs, Web 3.0, metaverse, NFTs, stablecoins and CBDCs
Cyberthreat matrix in the ever-shifting sandbox
Financial Technology Innovation Conference
Thursday, 23 May 2024 | Hong Kong
Registration and Morning Networking
Welcome Note
Opening Keynote
Arthur Yuen, Deputy Chief Executive, Hong Kong Monetary Authority
International Keynote
Lord Chris Holmes, Member of the House of Lords; Former Member, Science and Technology Select Committee, UK
Leadership Dialogue
Harnessing technology and sustainability in finance
Exploring the intersection of technology, finance, and resilience, delving into strategic innovation investments, the emergence of green banking, economic indicators, interest rates, and the disruptive potential of DeFi and tokenisation.
- Exploring economic indicators' impact on interest rates
- Embracing green banking: aligning incumbents with changing business demands
- Investing in technology for resilience and crisis management
- Impact of DeFi and tokenisation on global finance
Session co-hosted by
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Emmanuel Daniel
Founder, The Asian Banker
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Gordian Gaeta
International Resource Director,
The Asian Banker
Tea / Coffee Break
AI-powered banking: Harnessing data analytics in decision-making
Discover AI and ML's impact on banking operations, optimizing risk management, customer segmentation, marketing, and fraud detection.
- Unleash the power of LLMs in financial analysis for enhanced decision-making accuracy and efficiency
- Ethical considerations and responsible AI practices in banking
- Enhancing customer experience, personalisation, with AI and ML
Optimising financial innovation through platform-driven open banking
Explore how open banking transforms the financial industry, fostering seamless collaboration for innovative, customer-tailored services.
- Benefits, challenges, and successful strategies for open banking adoption by FIs and TPPs
- The increasing adoption of open data standards and regulations
- The future of open banking and its potential to reshape the industry
Innovate and thrive: Navigating banking-as-a-service for sustainable growth
Dive into Banking-as-a-Service (BaaS), exploring strategies for implementation, regulatory navigation, and envisioning the future of embedded finance.
- Integrate financial services seamlessly, ensuring regulatory compliance and data security
- Reaching underserved markets and making services more accessible
- Leverage advanced technologies to embed diverse financial offerings, personalize experiences, and collaborate with other institutions for mutual benefit
Networking Luncheon
Fortifying the digital fortress: Cybersecurity strategies for a secure banking future
In an interconnected digital landscape, prioritise cybersecurity to defend against sophisticated threats, adopting robust measures for customer data protection and financial integrity.
- Implement cutting-edge cybersecurity solutions for emerging threats
- Establish robust data governance with a zero-trust model to ensure privacy and compliance
- Evaluate platformification's resilience to third-party vulnerabilities and foster collaboration with industry players and regulators to strengthen cybersecurity defenses
Data, privacy, and trust: Navigating the ethical of banking technology
Blockchain unleashed: Transforming banking through distributed ledger technology
Uncover the transformative impact of Blockchain and DLT in banking, reshaping cross-border payments, trade finance, and supply chain management for streamlined processes, reduced costs, and enhanced transparency.
- Understand the fundamental principles and applications of DLT in banking
- Examine use cases for blockchain in cross-border payments, trade finance, and supply chain management
- Address challenges, including regulatory considerations, for DLT adoption in banking and discuss its future in shaping the next generation of banking services
The convergence of Web3, Metaverse, and AI: A realm of enhanced user experiences and limitless possibilities
Reshaping digital interactions for a new era of immersive, decentralized, and intelligent connectivity, communication, and experiences.
- Unlock Web3's potential for user empowerment, data ownership, and an equitable digital ecosystem
- Explore the metaverse as a shared virtual world that promotes user interaction, collaboration, and diverse activities
- Enhance user experiences and facilitate interactions in virtual spaces using AI, exploring the convergence of Web3, metaverse, and AI for a boundless digital future
Empowering customers, embracing change: The future of banking is now
Faster, Smarter, Safer: Revolutionising finance with quantum algorithms
Is the quantum age the next era for banking? Explore how quantum computing revolutionises risk management, portfolio optimisation, and fraud detection. Delve into practical applications and future opportunities for FIs to secure a competitive edge.
- Leverage quantum algorithms to optimise investment strategies, swiftly solve complex financial problems, and unveil hidden patterns
- Investigate the impact of computing technology on encryption and security measures, preparing for a changing landscape
- Accelerate quantum adoption and foster collaborations between banks and startups to unlock new innovations in banking solutions
Revolutionising payments: Embracing innovation and security for seamless transactions
Discover the evolving payments landscape, examining technologies, security measures, and regulations for seamless and secure future payment experiences.
- How can new technologies be harnessed to ensure the security and stability of the cross-border payment system?
- Discuss security importance in payments and measures against fraud
- Explore potential partnerships and initiatives fostering innovation
Cloud-powered transformation: Unleashing agility, scaling, and security
Growing investments in cloud-based applications drive operational efficiency and cost-effectiveness, compelling banks to streamline their IT infrastructure.
- Invest in established technologies for a hyper-personalised experience
- Embrace open hybrid and multi-cloud architectures for increased agility, security, and speed
- Optimise modern applications for efficiency, scalability, and cost-effectiveness, ensuring seamless integration of innovations with regulatory compliance and data security.
Tea / Coffee Break
Closing Keynote Session
From virtual to real: Exploring the evolving landscape of virtual economies and digital assets
The flourishing landscape of virtual economies and digital assets presents unprecedented opportunities and significant challenges for the future of finance and technology. This session delves into the intricate dynamics of the evolving ecosystem, exploring the real-world implications of transformative technologies such as non-fungible tokens (NFTs), decentralised autonomous organisations (DAOs), stablecoins, central bank digital currencies (CBDCs), and metaverses. Additionally, we will assess opportunities and challenges presented by the virtual world, aligned with an understanding of the underlying technological architectures and regulatory frameworks.
- Examining the various potentials and risks of tokenising traditional assets
- Exploring DeFi platforms for financial inclusion and alternative banking solutions
- Navigating the implications of CBDCs on monetary policies, financial ecosystems, and global currencies
- Identifying potential regulatory frameworks for virtual economies and digital assets, balancing innovation with stability
Closing Remarks and End of Summit
Registration and Morning Networking
Evolving customer expectations: Adapting banking services for the digital age
Customer expectations are evolving rapidly, driven by the digital age and the rise of tech-savvy consumers. Banks must adapt to these changing expectations by embracing digital channels, developing mobile-first applications, and enhancing self-service capabilities.
- Understand the changing preferences and behaviours of digital-native customers
- Identify strategies for enhancing customer experience through digital channels
- Develop mobile-first banking applications that meet customer needs and expectations
- Expand self-service capabilities to empower customers and improve efficiency
Navigating the regulatory maze: Ensuring compliance in a complex financial landscape
The regulatory landscape for banks is constantly evolving, with emerging regulations and compliance requirements. Banks must stay abreast of these changes and implement robust compliance processes to avoid penalties and reputational damage.
- Understand the key regulatory changes and compliance requirements facing banks
- Implement effective compliance strategies and frameworks across various banking functions
- Leverage technology to streamline compliance processes and manage regulatory risks
- Foster a culture of compliance within the bank and educate employees on regulatory obligations
Customised Speaking Slot
Tea/Coffee Break
Customised Speaking Slot
Cloud-powered transformation: Unleashing agility, scaling, and security
Investments in cloud-based applications are experiencing substantial growth due to their essential role in data storage and retrieval, contributing significantly to operational efficiency and cost-effectiveness. This trend is compelling banks to revamp their IT infrastructure for streamlined operations.
- Invest in cloud technologies to provide a hyper-personalised experience
- Navigate the adoption of open hybrid multi-cloud architectures to ensure agility, security, and speed
- Maximise cloud-native solutions to improve efficiency, scalability, and cost-effectiveness
- Explore strategies for seamless integration of cloud-powered innovations while ensuring regulatory compliance and data security
The convergence of Web3, Metaverse, and AI: A realm of enhanced user experiences and limitless possibilities
The digital landscape is undergoing a profound transformation, driven by the convergence of Web3, metaverse, and AI, paving the way for a new era of immersive, decentralised, and intelligent interactions. This revolutionises the way we connect, communicate, and experience the digital world.
- Unlock the potential of Web3 to empower users, enable data ownership, and foster a more equitable digital ecosystem.
- Explore the metaverse concept: a shared virtual world fostering user interaction, collaboration, and diverse activities
- Use AI to improve user experiences, tailor content, and enable smooth interactions in virtual spaces
- Examine the convergence of Web3, metaverse, and AI in shaping a boundless digital future
Networking Lunch
Decentralising finance: Navigating DeFi and tokenisation beyond borders
Beyond banking and centralised finance, imagine a financial system without intermediaries, accessible to anyone, anywhere. This is the promise of DeFi and tokenisation. In this session, we'll navigate the cutting edge of blockchain technology, exploring how it's reshaping financial practices, creating new investment opportunities, and democratising access to financial services.
- Explore DeFi protocols, decentralised exchanges, and innovative lending mechanisms, uncovering the disruptive potential and benefits of peer-to-peer finance
- Examine how tokenisation is creating new asset classes and transforming ownership models
- Identify risks and regulatory landscape of DeFi and tokenisation, uncovering strategies for secure and responsibly innovative participation in this evolving space
- Analyse the impact of DeFi and tokenisation on the global financial system, democratising access, streamlining transactions, and redefining financial paradigms
Customised Speaking Slot
Revolutionising payments: Embracing innovation and security for seamless transactions
From online purchases to contactless payments, the way we make payments is constantly evolving, driven by technological advancements and changing consumer preferences. This session will delve into the technologies, security measures, and regulatory considerations that will ensure seamless and secure payment experiences of tomorrow.
- Explore the role of open banking in enabling real-time payments and enhanced financial inclusion.
- Use blockchain to streamline cross-border transactions and reduce costs.
- Combat the rising threat of cyberattacks targeting payment systems and customer data.
- Navigate the regulatory maze: Balancing innovation and compliance
Faster, Smarter, Safer: Revolutionising finance with quantum algorithms
The digital wave has transformed the banking landscape, but are we nearing the next transformative era – the quantum age? Let’s explore quantum computing's potential to revolutionise risk management, portfolio optimisation, fraud detection, and more. In this session, we will delve into practical applications, challenges, and future opportunities for FIs to secure their competitive edge.
- How can quantum algorithms solve complex financial problems faster, optimising investment strategies, and uncovering hidden patterns?
- Exploring the impact of quantum computing on existing encryption and security measures, and how can we prepare for a changing landscape
- Accelerating quantum adoption to unlock new innovations
- Collaborations between banks and quantum startups to advance banking solutions
Tea / Coffee Break
Closing Keynote
Beyond buzzwords: Unleashing the power of GenAI and LLMs in finance
The financial industry stands at the forefront of a profound transformation fuelled by advanced technologies such as generative AI (GenAI) and large language models (LLMs). The potential revolution in various aspects of finance, from customer service to fraud detection and financial advice, is palpable. These technologies are reshaping traditional practices to revolutionise risk assessment, refine decision-making accuracy, and create personalised customer experiences.
- How GenAI and LLMs streamline and automate financial analysis processes, enhancing accuracy and efficiency in decision-making
- How these technologies create highly personalised and responsive customer experiences, fostering improved engagement and satisfaction
- Explore the role of AI in bolstering risk management, ensuring compliance with evolving regulatory frameworks and optimising operations
- Use AI-driven models to develop innovative investment strategies, leveraging vast datasets to identify trends and opportunities in real-time
- How to leverage GenAI and LLMs to gain a competitive edge and prepare for the AI-powered future of finance.