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- Brian Hui, co-chair of Digital Banking & the Committee, opened the event with enthusiasm. He emphasized the participation of the Fintech Association of Hong Kong in addressing crucial issues and highlighted the collaborative efforts of banks and fintechs to tackle their shared challenges.
- The Bankers' panel, moderated by Anthony Morris, featured Lareina Wang from DBS, Jaff Lau from HSBC, and Phillip Chan from HASE. They focused on the significant challenges SMEs encounter, particularly in securing financing. The discussion included data initiatives like the Credit Data Initiative (CDI) aimed at streamlining the lending process, while also acknowledging potential pitfalls. A key takeaway was the importance of digital transformation for SMEs, which can enhance their digital footprint and facilitate data-driven banking services.
- The fintech panel, moderated by Ankit Suri, included Anson Suen from Fundpark, James Li from Linklogis International, and Melanie Chan from KPay. They explored various pain points faced by SMEs, offering solutions for administrative, operational, and financing challenges. The panelists shared diverse viewpoints, addressing both B2SMB and B2B2SMB dynamics. A major theme was the significance of data and ecosystem partnerships among fintechs, along with the value of co-creation with financial institutions.
