HKMA unveils Fintech Promotion Blueprint: From adoption to advancement

Source: Hong Kong Government special administrative region

HKMA unveils Fintech Promotion Blueprint: From adoption to advancement      
     Under “Fintech 2030” (Note 1), this tactical Blueprint focuses on more sophisticated applications of artificial intelligence (AI) and distributed ledger technologies (DLT), enabled by the infrastructural support of High-Performance Computing. With Data Excellence and Cyber Resilience being the foundational pillars, the Blueprint aims to further strengthen the banking sector’s ability to better manage risks associated with advanced technologies.
      
     The Blueprint sets out a cohesive framework of initiatives structured around tactical dimensions of Ecosystem Collaboration, Technological Advancement, as well as Talent and Outreach. In the coming months, the HKMA will launch four flagship projects, including:
           The Blueprint also introduces a series of activities to address the key challenges to further fintech advancements, as identified in the Tech Maturity Stock-take (Note 3). These initiatives include FiNETech events, responsible innovation competitions, a revamp of the Fintech Connect matching platform and practical workshops.
      
     Deputy Chief Executive of the HKMA Mr Arthur Yuen said, “The future of finance will be defined by those who can harness sophisticated technology, not only to improve existing processes, but to reimagine what is possible. By embracing responsible innovation, strengthening cross-boundary collaboration, and investing in talent development, the Blueprint provides the tactical guidance we need to build a resilient and forward-looking Fintech ecosystem – one that balances the rapid evolution of both risk and opportunity.”
      
     The full report of the Blueprint is available on the HKMA websitewww.hkma.gov.hk/eng/news-and-media/press-releases/2025/11/20251103-3/Note 2: Structured data such as transaction records and credit scores, as well as unstructured data such as email correspondence and business contracts.
Note 3: Fintech Adoption: Progress and Future Directions 
brdr.hkma.gov.hk/eng/doc-ldg/docId/getPdf/20250716-3-EN/20250716-3-EN.pdfIssued at HKT 15:47

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