[eNews] 25 Teams Compete in Hong Kong’s First Virtual Banking Hackathon

The first virtual banking hackathon in Hong Kong - Bizkathon@HKUST was held at HKUST on November 2 and 3. The event attracted 25 teams of over 120 participants. They were tasked with a 24-hour challenge to develop innovative solutions and help virtual banks win the trust of clients.

Sponsored by three virtual banks – PAObank, WeLab and ZA Bank, the participating teams received advice from alumni mentors and other practitioners with Fintech backgrounds. The activity provided an excellent opportunity for students to prepare for the arrival of virtual banking services in Hong Kong and establish an early connection with the industry.

This hackathon is one of the satellite events organized by the HKUST Business School to show its support for Hong Kong Fintech Week in November. With strong support from the industry, the event was officiated by senior executives of PAObank, WeLab, ZA Bank, InvestHK, Microsoft and Cyberport.

As another satellite event of Fintech Week, the School also partnered with the Fintech Association of Hong Kong to present an industry panel on November 1. The event entitled: “Bank 4.0 and the Future of Financial Services” featured five experts in the field to discuss the latest technological advancements and their impacts on the world of banking and financial services.



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