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The Hong Kong Monetary Authority recently granted eight licenses for the setting up virtual banks, which are expected to begin operating within six to nine months. While Hong Kong is gearing up for the arrival of virtual banks, digital banking services are already being offered on the Mainland, where the adoption of technologies such as blockchain, machine learning, artificial intelligence and cloud computing are making significant inroads.

At the forefront of China's fintech revolution is WeBank, the country's first online-only private bank backed by Tencent and other companies. WeBank's client base comprises mainly of underbanked individuals and SMEs, who enjoy a variety of convenient and high quality financial services delivered through a state-of-the-art technology platform.

The Chamber is pleased to have invited WeBank's Tyler Aveni, Head of International Partnerships, to speak on the effects virtual banks have had in reshaping the banking landscape and transforming customer experience on the Mainland. In particular, he will discuss:
- factors for WeBank's success on the Mainland,
- fundamental differences between virtual and traditional banking, and
- the latest open banking innovations and their real-life applications.

Speaker(s) Tyler Aveni, Head of International Partnerships, WeBank
Language English
Date and Time 2019/06/17 12:30 to 14:00
Venue Chamber Theatre, 22/F United Centre
Media Closed to media
Enquiries Stephanie Kwan
Tel: 2823 1246
Fee Members @ HK$190 / Non-Members @ HK$400
+$50 for booking offline
This event accepts Chamber Coupon (terms and conditions)
Members enjoy 30% discount with BOC HKGCC VISA Card
Notes - Bookings are only confirmed upon receipt of payment, on a first come first served basis.
- Booking transfer is allowed for corporate members with advanced notice, walk-ins are normally not accepted.
- The Chamber reserves the right to decline any booking or cancel the event. In such case, a full refund of the participation fee will be issued.
- No refund will be made for last minute cancellations or no-shows. If the booking is cancelled at least 3 days before the event, and in such cases the refund will be subjected to a 10% administration fee, or HK$100 deduction, whichever is higher.
- Members paying with their BOC HKGCC Visa Card will enjoy a 30% discount on their reservation. The discount is only applicable to the card holder, and does not extend to their guests. The discount cannot be used in conjunction with Chamber Coupons.
- A $50 handling fee per person will be charged for all offline bookings (e.g. fax, e-mail, post) for all Chamber events. Go online today by downloading our app or registering on the HKGCC website to save the environment and money.
- Priority is given to corporate members. The decision to accept or decline any booking shall be at sole discretion of the Chamber.