Cyberport FinTech InnoCon 2021 takes place online on 1 November Showcases financial industry and start-up co-creation and deciphers digital transformation needs

HONG KONG SAR – Media OutReach – 22 October 2021 – Cyberport
FinTech InnoCon 2021 (the Conference) – a spotlight
event of the Cyberport Venture Capital
Forum (CVCF) – will be staged online on 1 November
(Monday). It will meanwhile kick off the sixth Hong Kong FinTech
Week. Themed “Innovation in FinTech
Proof-of-Concept for the Hong Kong Financial Services Industry”, the full-day
online conference will bring together an impressive line-up of more than 30
heavyweight speakers from professional bodies, renowned financial institutions,
regulators and Cyberport start-ups. Together they will decipher the latest
trends and opportunities in technology applications that have arisen in all
areas of financial services – from RegTech, InsurTech and environmental, social
and governance (ESG) to cross-border finance in the Greater Bay Area – and many
innovative cases will be shared. Christopher Hui, Secretary for Financial
Services and the Treasury, will deliver the Conference’s opening remarks.

Exploring post-“PoC” Scheme
trends in financial innovation

As the largest FinTech community in Hong Kong,
Cyberport is wholly dedicated to supporting start-ups’ growth and facilitating
the financial industry’s digital transformation. Earlier this year, Cyberport
was commissioned by the Financial Services and the Treasury to launch the Fintech
Proof-of-Concept Subsidy Scheme (“PoC” Scheme) in order to boost industry
innovation. Over 90 partnerships between financial institutions and FinTech companies
were formed.

Eric Chan, Chief Public Mission Officer of
Cyberport, says, “The ‘PoC’ Scheme has
sparked good chemistry between participating financial institutions and FinTech
companies, including start-ups. Not only did many of the PoC proposals come up
with unique ideas, they also accommodated needs emerging from financial
institutions’ operations and market expansion. At Cyberport FinTech InnoCon
2021, these successful cases will be shared with the industry and will
undoubtedly inspire further financial innovations. As a spotlight event of the
Cyberport Venture Capital Forum, we also hope that the Conference will promote
cooperation between financial institutions and start-ups and encourage
financial institutions to support start-ups’ long-term development in the form
of corporate venture.”

Seven panels covering a broad
range of financial services

The Conference comprises seven panel discussion
sessions which will explore inspiration and reflections resulting from the
“PoC” Scheme; opportunities in the Greater Bay Area; use of alternative data in
SME financing; value creation through environmental, social and  governance (ESG); the development of RegTech
in Asia; untapped opportunities in InsurTech; and the role of family offices in
driving the development of WealthTech and digital assets.

These discussions will be moderated by InvestHK,
as well as representatives of professional organisations including the Hong
Kong Institute of Bankers, Hong Kong Federation of
Insurers and Hong Kong Securities and Investment
Institute, who will explore the needs of a variety of financial industry sectors
from a practitioner’s point of view. Representatives of renowned financial institutions
include John Wong, Head of Global Liquidity and Cash Management, Hang Seng
Bank; LK Lau, Deputy General Manager for Hong Kong Branch, Deputy General
Manager for FinTech Center and Chief Pace Officer, China Life Insurance
(Overseas) Company Limited; Johnny Chung, General Manager, Head of Product
Innovation Management Division, China Construction Bank (Asia) Corporation. Together
with a number of Cyberport start-ups, they will share practical
experiences from their “co-creation” and explore the new trends and
opportunities the PoC Scheme brings to the financial industry.

Interested parties from the
financial industry, FinTech sector and business sector as well as SMEs and
investors please visit https://cvcf.cyberport.hk/en/fintech for more information and
to register for free.

Main forum of CVCF to
discuss post-pandemic venture capital trends

Cyberport FinTech InnoCon is one of the spotlight events
of Cyberport’s premier annual venture forum, Cyberport Venture Capital Forum. The
CVCF aims to examine the development of and opportunities within individual
industries and to promote diversified growth in innovative technology
industries. With the theme of “Venturing for Success: Resilience, Growth &
Opportunity”, the CVCF will be held from 2 to 3 November, bringing together more
than 70 industry leaders, top-notch investors, enterprises and technopreneurs to
discuss and share insights on post-Covid-era trends in global venture capital
and the I&T sector, investor strategies, emerging venture capital,
opportunities and prospects in the Greater Bay Area and more, as well as facilitating
deal flow and providing extensive opportunities for start-ups to explore
fundraising opportunities.

For high-resolution photos,
please download via this link

Appendix

Cyberport FinTech InnoCon 2021 Program
Framework (1 November)