{"id":16965,"date":"2021-08-17T06:50:00","date_gmt":"2021-08-17T06:50:00","guid":{"rendered":"https:\/\/eodishasamachar.com\/en\/2021\/08\/17\/apidays-hong-kong-2021-deep-diving-the-open-api-open-banking-data-ecosystem-in-hong-kong\/"},"modified":"2021-08-17T06:50:00","modified_gmt":"2021-08-17T06:50:00","slug":"apidays-hong-kong-2021-deep-diving-the-open-api-open-banking-data-ecosystem-in-hong-kong","status":"publish","type":"post","link":"https:\/\/eodishasamachar.com\/en\/2021\/08\/17\/apidays-hong-kong-2021-deep-diving-the-open-api-open-banking-data-ecosystem-in-hong-kong\/","title":{"rendered":"Apidays Hong Kong 2021: Deep Diving the Open API, Open Banking &#038; Data Ecosystem in Hong Kong"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"\"><!--<a class=\"format-txt\" href=\"{baseURL}\/View\/{release.id}?_download=1\">View this article in .txt format<\/a>--><\/p>\n<p>HONG KONG SAR &#8211;\u00a0<a href=\"https:\/\/www.media-outreach.com\/\">Media&#13;<br \/>\nOutReach<\/a>\u00a0&#8211;\u00a017 August 2021 &#8211;<b>\u00a0<\/b>Apidays LIVE Hong Kong 2021, the&#13;<br \/>\nbiggest\u00a0\u00a0virtual&#13;<br \/>\nconference in Hong Kong,\u00a0unveils\u00a0the schedule &amp; agenda today with&#13;<br \/>\nthe theme &#8220;API Ecosystem &amp; Data Interchange&#8221; by <a href=\"https:\/\/www.benovelty.com\/\">beNovelty Limited<\/a>&#13;<br \/>\n&#8211;\u00a0a homegrown award-winning API company. More than 1000 attendees are&#13;<br \/>\nexpected to join the virtual event, being held on 25th and 26th August, 2021,&#13;<br \/>\nwith a series of talks,\u00a0\u00a0&amp;&#13;<br \/>\nroundtables from regional and local experts.<\/p>\n<p style=\"text-align: center\"><img src=\"https:\/\/release.media-outreach.com\/release.php\/Images\/Thumb\/520x0\/170030\/apidays2021eng.jpg#image-170030\" width=\"520\"\/><\/p>\n<h5 style=\"text-align: center\"><span style=\"font-weight: normal\">The apidays LIVE Hong Kong 2021 with the theme &#8220;API Ecosystem &amp; Data Interchange&#8221; has confirmed 50+ sessions with speakers from regional banks, leading enterprises, technology companies and fintech companies.<\/span><\/h5>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>\u00a0<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>Since 2019, the Hong Kong Monetary Authority (HKMA) has been&#13;<br \/>\nlaunching different phases of Open API Framework, while Phase 3 &amp; 4 are&#13;<br \/>\nexpected to be implemented progressively starting from December 2021 by 28&#13;<br \/>\nparticipating banks, enabling third party API collaborations in different&#13;<br \/>\nfinancial products and services to improve end user experience.<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>\u00a0<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>&#8220;As the Open API Phase 3 &amp; 4 is coming closer, there are&#13;<br \/>\nincreasing discussions of Open API use cases in the community. Banks and&#13;<br \/>\nenterprises are now less conservative in sharing data and business scenarios&#13;<br \/>\nwith 3rd parties in order to\u00a0\u00a0&amp; more effective services to&#13;<br \/>\ncustomers.&#8221;\u00a0explains Patrick CS Fan, organiser of apidays Live Hong&#13;<br \/>\nKong &amp; founder of beNovelty Limited.\u00a0&#8220;The key is not only on API&#13;<br \/>\n(Application Programme Interface) technology itself, but how the services\u00a0\u00a0customer needs\u00a0at the&#13;<br \/>\nright time. Nowadays, customers are less willing to walk into bank branches or&#13;<br \/>\nturn on the bank mobile app for a specific service. The services need to be&#13;<br \/>\ndistributed\u00a0,\u00a0\u00a0requiring bank services and data sitting in third-party&#13;<br \/>\napplications. The new demand creates new challenges to\u00a0s and third party partners.&#8221;<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>\u00a0<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>Based on the Study Report entitled &#8220;The&#13;<br \/>\nNext Phase of the Banking Open API Journey&#8221; released in May 2021, the&#13;<br \/>\ntop 3 ranked challenges of participating in banking Open APIs according&#13;<br \/>\nto banks and TSPs (Third Party Service Providers) are &#8211; 1) Fraud and&#13;<br \/>\ncybersecurity risks, 2) Difficulty in identifying use cases with tangible&#13;<br \/>\nbusiness benefits, 3) Complexity of technical development work including legacy&#13;<br \/>\nmodernisation.<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>\u00a0<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>&#8220;We believe there are some commonalities in challenges from&#13;<br \/>\ndifferent regions and we should learn from the\u00a0successful and failed&#13;<br \/>\nexperience\u00a0from each other to speed up the progress.&#8221; Patrick said,&#13;<br \/>\n&#8220;That&#8217;s why we bring apidays\u00a0\u00a0here and line-up 50+\u00a0sessions\u00a0API domain thought leaders from&#13;<br \/>\nthe east and the west.&#8221;<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>\u00a0<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>The\u00a0\u00a0API&#13;<br \/>\nconference has confirmed 50+ sessions with speakers from regional banks,&#13;<br \/>\nleading enterprises, technology companies and fintech companies with 3 focused&#13;<br \/>\ntracks:<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p><b>Industry&#13;<br \/>\nFocus<\/b><\/p>\n<ul>\n<li>Financial Services &amp; APIs &#8211; How financial institutions\u00a0\u00a0API use cases in regulated&#13;<br \/>\nenvironments<\/li>\n<li>Enterprise &amp; APIs &#8211; How enterprises leverage API&#13;<br \/>\ntechnologies in growing their business<\/li>\n<li>Open Banking Technologies &#8211; Overview of essential technologies&#13;<br \/>\nin building up Open Banking platforms<\/li>\n<\/ul>\n<p><b>API&#13;<br \/>\nArchitecture &amp; Development Focus<\/b><\/p>\n<ul>\n<li>Architecting APIs &#8211; How should we better design, architect &amp;&#13;<br \/>\nmonitor API infrastructure<\/li>\n<li>API Product Practice &#8211; Learn about the best practice in API&#13;<br \/>\nproduct design and development<\/li>\n<\/ul>\n<p><b>Developer&#13;<br \/>\nExperience &amp; Community Focus<\/b><\/p>\n<ul>\n<li>Developer Experience &#8211; Understand the needs of developer&#13;<br \/>\nexperience and\u00a0how it accelerates API adoption<\/li>\n<li>Developer Community &#8211; How to engage and grow your API developer&#13;<br \/>\ncommunity<\/li>\n<\/ul>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>The apidays LIVE Hong Kong 2021 is lead organised by beNovelty&#13;<br \/>\nLimited with the Hong Kong Computer Society and the Hong Kong Science Park&#13;<br \/>\nStartups Alumni Association as supporting organisations.<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>&#13;<br \/>\nFor more information and to sign up to the event<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>Registration:\u00a0<a href=\"https:\/\/bit.ly\/apidayshk2021-registration\">https:\/\/bit.ly\/apidayshk2021-registration<\/a><\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>Global Website:\u00a0<a href=\"https:\/\/www.apidays.global\/hongkong\/\">https:\/\/www.apidays.global\/hongkong\/<\/a><\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>r&#13;<br \/>\nWebsite:\u00a0<a href=\"https:\/\/www.benovelty.com\/events\/apidays-live-hongkong-2021\">https:\/\/www.benovelty.com\/events\/apidays-live-hongkong-2021<\/a><\/p>\n<\/p><\/div>\n\n<br \/><a href=\"https:\/\/www.media-outreach.com\/news\/2021-08-17\/90497\/apidays-hong-kong-2021-deep-diving-the-open-api-open-banking-data-ecosystem-in-hong-kong\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>HONG KONG SAR &#8211;\u00a0Media&#13; OutReach\u00a0&#8211;\u00a017 August 2021 &#8211;\u00a0Apidays LIVE Hong Kong 2021, the&#13; biggest\u00a0\u00a0virtual&#13; conference in Hong Kong,\u00a0unveils\u00a0the schedule &amp; agenda today with&#13; the theme &#8220;API Ecosystem &amp; Data Interchange&#8221; by beNovelty Limited&#13; &#8211;\u00a0a homegrown award-winning API company. More than 1000 attendees are&#13; expected to join the virtual event, being held on 25th and 26th &hellip;<\/p>\n","protected":false},"author":1,"featured_media":16966,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[60],"tags":[],"_links":{"self":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts\/16965"}],"collection":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/comments?post=16965"}],"version-history":[{"count":0,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts\/16965\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/media\/16966"}],"wp:attachment":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/media?parent=16965"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/categories?post=16965"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/tags?post=16965"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}