|Description||From the outside, Financial Technology could be described as the techpreneur countercultural movement to upend traditional banking and lending’s heavy regulation and strong resistance to change in order to make sending and receiving money easier. In an industry full of obscure acronyms and starched collar ideals, it’s surprisingly hard to find any two sources that agree on what FinTech is.|
While originally defined as the obscure backend processes of setting up servers and software applications for the frontend of traditional banking institutions, the definition has exploded along with the industry’s growth. Specific definitions tend to vary quite a bit from source to source, but many follow the same basic idea of using technology to disrupt the traditional financial services sector.
FinTech, as we understand it today, is a very young industry. Two of the oldest companies in the game are more than ten years old, founded in 2005 and 2006. Many other startups began between 2008 and 2010, and Investopedia notes that since “the end of the first decade of the 21st century,” the term “FinTech” has expanded to what we understand it as today, placing the modern industry at a mere five years old.
|Time:||10:00 – 11:30|
|Venue:||Cyberport 3 (Core E), 100 Cyberport Road, Hong Kong|
|Enrollment:||Enrollment Fee: HKD 100 / Person|