Apidays Hong Kong 2021: Deep Diving the Open API, Open Banking & Data Ecosystem in Hong Kong

HONG KONG SAR – Media
OutReach – 17 August 2021 – Apidays LIVE Hong Kong 2021, the
biggest  virtual
conference in Hong Kong, unveils the schedule & agenda today with
the theme “API Ecosystem & Data Interchange” by beNovelty Limited
– a homegrown award-winning API company. More than 1000 attendees are
expected to join the virtual event, being held on 25th and 26th August, 2021,
with a series of talks,  &
roundtables from regional and local experts.

The apidays LIVE Hong Kong 2021 with the theme “API Ecosystem & Data Interchange” has confirmed 50+ sessions with speakers from regional banks, leading enterprises, technology companies and fintech companies.

Since 2019, the Hong Kong Monetary Authority (HKMA) has been
launching different phases of Open API Framework, while Phase 3 & 4 are
expected to be implemented progressively starting from December 2021 by 28
participating banks, enabling third party API collaborations in different
financial products and services to improve end user experience.

“As the Open API Phase 3 & 4 is coming closer, there are
increasing discussions of Open API use cases in the community. Banks and
enterprises are now less conservative in sharing data and business scenarios
with 3rd parties in order to  & more effective services to
customers.” explains Patrick CS Fan, organiser of apidays Live Hong
Kong & founder of beNovelty Limited. “The key is not only on API
(Application Programme Interface) technology itself, but how the services  customer needs at the
right time. Nowadays, customers are less willing to walk into bank branches or
turn on the bank mobile app for a specific service. The services need to be
distributed ,  requiring bank services and data sitting in third-party
applications. The new demand creates new challenges to s and third party partners.”

Based on the Study Report entitled “The
Next Phase of the Banking Open API Journey” released in May 2021, the
top 3 ranked challenges of participating in banking Open APIs according
to banks and TSPs (Third Party Service Providers) are – 1) Fraud and
cybersecurity risks, 2) Difficulty in identifying use cases with tangible
business benefits, 3) Complexity of technical development work including legacy
modernisation.

“We believe there are some commonalities in challenges from
different regions and we should learn from the successful and failed
experience from each other to speed up the progress.” Patrick said,
“That’s why we bring apidays  here and line-up 50+ sessions API domain thought leaders from
the east and the west.”

The  API
conference has confirmed 50+ sessions with speakers from regional banks,
leading enterprises, technology companies and fintech companies with 3 focused
tracks:

Industry
Focus

• Financial Services & APIs – How financial institutions  API use cases in regulated
  environments
• Enterprise & APIs – How enterprises leverage API
  technologies in growing their business
• Open Banking Technologies – Overview of essential technologies
  in building up Open Banking platforms

API
Architecture & Development Focus

• Architecting APIs – How should we better design, architect &
  monitor API infrastructure
• API Product Practice – Learn about the best practice in API
  product design and development

Developer
Experience & Community Focus

• Developer Experience – Understand the needs of developer
  experience and how it accelerates API adoption
• Developer Community – How to engage and grow your API developer
  community

The apidays LIVE Hong Kong 2021 is lead organised by beNovelty
Limited with the Hong Kong Computer Society and the Hong Kong Science Park
Startups Alumni Association as supporting organisations.

For more information and to sign up to the event

Registration: https://bit.ly/apidayshk2021-registration

Global Website: https://www.apidays.global/hongkong/

r
Website: https://www.benovelty.com/events/apidays-live-hongkong-2021