To unleash the potential of Hong Hong by IOT and FinTech with wearable devices in style
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This document discusses how Hong Kong can unleash its potential through the use of IoT, FinTech, and wearable devices. It provides background on FinTech and describes innovations in electronic payment systems in Hong Kong over the past few decades like Octopus cards. It also discusses the growth of mobile payment apps like AliPay and WeChat Pay. The document suggests financial services could become a marketplace enabled by new technologies that improve people's lives while growing the economy.
To unleash the potential of Hong Hong by IOT and FinTech with wearable devices in style
- 1. To Unleash the Potential of Hong Kong by IoT and FinTech with Wearable Devices in Style Emil Chan 07.09.2016 acmcp.org ASIAN WATCH CONFERENCE
- 2. Emil Chan
- 5. Cambridge Dictionary (the management of) a supply of money What is Finance
- 6. Wikipedia 1. It is an economic industry composed of companies that use technology to make financial services more efficient 2. Financial technology companies are generally startups trying to disintermediate incumbent financial systems and challenge traditional corporations that are less reliant on software What is FinTech?
- 7. Types of FinTech ePayment P2P LendingBig Data Finance Crowd Funding
- 8. source: Bank 3.0 Time of Technology adoption
- 9. Why Banking Is No Longer Somewhere You Go But Something You Do 9
- 10. Bank 3.0
- 11. The History of Money
- 13. In Sweden a Cash-Free Future Nears
- 14. Innovation of Electronic Retail Payment Systems in Hong Kong Year Innovation 1980 ETC 1982 JETCO 1985 EPS 1993 PPS 1996 RTGS 1997 Octopus
- 15. The Innovation of Octopus in last 20 years Year Innovation 1994 Proposed by MTRC 1997 Used on MTR, buses and ferries 2000 Accepted by 7-11 2006 Citybank issued Built-in Octopus Visa Cards 2010 Selling of Customer Database 2014 Support AliPay with Mobile App 2016 Mobile App O!ePay Launched
- 17. Smartone
- 23. WeChat Payment
- 27. 11.11.2015 Beyond a Shopping Carnival
- 32. What is Wearable Devices
- 33. Maslow's Hierarchy of Needs
- 35. Financial Services as a Market Place
- 47. Wool comes from the pig's back One gets the benefit for free and the price is paid by someone else
- 48. Bigs can fly if they find where wind blows