Feature Stories


FinTech - Disruptive or Transformative

In this issue of Biz@HKUST, our faculty write articles expressing their opinions on FinTech and featuring the areas they have been studying. Meanwhile, Professor KC Chan, the third and fourth term HKSAR Government’s Secretary for Financial Services and the Treasury, and Mr Nelson Chow, Chief Fintech Officer at the Hong Kong Monetary Authority, explain how Hong Kong is preparing for a FinTech revolution. Mr Benjamin Hung, Standard Chartered’s CEO for Greater China and North Asia and member of the HKUST Business School Advisory Council, and Mr Paul Schulte, founder of Schulte Research and author of The Advent of Financial Technology, examine the future of banking. Co-creator of Ethereum (a blockchain platform), Mr Vitalik Buterin, tells us what new forms of business will be made possible by Ethereum, after visited the Business School earlier this year...more

Is Hong Kong Ready for a FinTech Revolution?

Across the globe, FinTech promises to not only drive the creation of a wide range of new and more accessible financial services, but also promote more competition, improve customer experience and lower costs. All, potentially, very good news for consumers, but can Hong Kong claim a role as an international powerhouse when it comes to the development and deployment of FinTech?...more

Which FinTech Future Should We Bank On?

It seems clear FinTech will continue to drive radical change in the market for banking services. But one unanswered question is: will the application of these advances in digital technology open up a myriad of new opportunities for the established giants, or will it fundamentally disrupt the business model that has made traditional banks so profitable in the past?...more

Putting Blockchain to Work at HKUST

Vitalik Buterin is the 23-year-old co-creator and inventor of Ethereum, the blockchain-based platform for running smart contracts.  Earlier this year, the Business School welcomed Buterin for an interactive dialogue and a workshop that took students through the process of developing a simple contract on Ethereum...more

FinTech: Observations of a Skeptic

By Professor Utpal Bhattacharya, Department of Finance, HKUST Business School

The year is 1967. Everyone is talking about the Hollywood movie The Graduate, especially about this dialog:...more

FinTech Wave Revolutionizes Financial World

By Assistant Professor Zheng Rong, Department of Information Systems, Business Statistics & Operations Management, HKUST Business School

You have heard the word “FinTech” on various occasions: TV, social media, or even friends’ parties. Is it just a buzzword floating around nowadays? The answer is likely no. More and more people are starting to believe that FinTech is a new wave of digital revolution that could fundamentally change the financial industry and, therefore, our lives in many aspects...more