Powering the Future of Fintech – Innovate, Connect and Amplify with Tencent
HONG KONG, October 29, 2024 /PRNewswire/ — The 9th Hong Kong Fintech Week 2024 was held from October 28 to 29, 2024 at the Asia World-Expo in Hong Kong. This is the first time Tencent hosted an exhibition at the event, showcasing its fintech innovation capabilities, international businesses and brands under the theme “Powering the Future of Fintech: Innovate, Connect, And Amplify with Tencent.”
From day one, senior government officials and representatives of regulatory agencies, including Paul ChanFinancial Secretary of the Hong Kong SAR, Christopher HuiSecretary of Financial Services and Treasury, and Eddie YueDirector General of the Hong Kong Monetary Authority, visited the Tencent stand. They experienced Tencent’s innovative palm recognition technology after it was introduced by Forest flaxvice president of Tencent and head of Tencent Financial technology.
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This year’s Hong Kong Fintech Week attracted more than 30,000 industry executives from over 100 economies to discuss the future of fintech globally. Hong Kong, Asia and all over the world. Forest flaxvice president of Tencent and head of Tencent Financial Technology, was invited to share his ideas on the main stage. During a panel discussion on “The Practical Impact of Technology Adoption: Improving the Customer Experience,” he explained that technological innovation is primarily about addressing equity issues. Weixin Pay’s innovative practices and solutions in China have significantly reduced merchant transaction costs and ensured user funds are secure thanks to risk control technologies such as AI, which have accelerated the ubiquity and inclusiveness of digital payments in China. One of the key missions of Tencent Fintech is about leveraging technology to make financial services more convenient, secure, affordable and accessible.
Daniel Hongvice president of Tencent Financial Technology, shared Tencent’s experience in interoperability of digital payment and funds transfer infrastructures. Tencent is committed to building a new open, diverse and inclusive global payment network covering various scenarios such as consumption, remittances, commerce, etc. For example, Tencent opened tens of millions of national merchant networks to amplify cross-border consumption and make it more practical for international travelers and Hong Kong residents. Tenpay Global cross-border money transfer services as well enable Overseas Chinese and WeChat pay Hong Kong users so they can easily pay salaries and alimony to their families. THE Mainland China.