To Unleash the Potential of Hong Kong by IoT and FinTech with Wearable Devices in Style

Emil Chan07.09.2016

acmcp.org

ASIAN WATCH CONFERENCE

Emil Chan

Cambridge Dictionary

(the management of) a supply of money

What is Finance

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?

Types of FinTech

ePayment P2P LendingBig Data Finance

CrowdFunding

source: Bank 3.0

Time of Technology adoption

Why Banking Is No Longer Somewhere You Go But Something You Do

9

Bank 3.0

The History of Money

In Sweden a Cash-Free Future Nears

Innovation of Electronic Retail Payment Systems in Hong Kong

Year Innovation

1980 ETC

1982 JETCO

1985 EPS

1993 PPS

1996 RTGS

1997 Octopus

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

Smartone

http://unwire.hk/2016/04/22/416280/people-interview/

Don’t waste our time

WeChat Payment

11.11.2015 Beyond a Shopping Carnival

PC Notebook Mobile

What is Wearable Devices

Maslow's Hierarchy of Needs

Financial Services as a Market Place

eHealth Innovation

Wool comes from the pig's back One gets the benefit for free and

the price is paid by someone else

Bigs can fly if they find where wind blows