Modern Australian
The Times

FinTech Olympiad Competition: Registration is Now Open Encouraging Tertiary Students to Propose FinTech-enabled Social Innovations that Help Solve Real-World Problems

HONG KONG SAR - Media OutReach - 22 February 2023 - The FinTech Olympiad (FTOL) 2023 hosted by City University of Hong Kong (CityU) and supported by HSBC now calls for entries to the final competition for tertiary students from the Greater Bay Area (GBA).

The competition encourages students to create FinTech solutions to real-life social and economic challenges. Winners will receive cash prizes and industry support to pursue their FinTech venture.

FinTech Olympiad Competition poster e.jpg

Call for Entries: The FinTech Olympiad 2023 Competition


The FinTech Olympiad competition 2023 is a signature part of the FTOL. Students attending tertiary education and recent graduates (within 3 years) from any subject discipline at tertiary education institutions in the GBA can participate as an individual or a team (2 to 6 pax). Entrants are required to submit a project which uses FinTech to help solve some of the pressing problems in the society. Submission due date is 19 March 2023.

Shortlisted finalists will meet their mentors who are business leaders and FinTech experts to seek professional advice in the run-up to the Final Pitch Day in May. A judging panel will evaluate the proposals based on these criteria: problem-solving, social impacts, innovation, thoughtfulness and leadership & communication.

Finalists will compete for Gold Medal, Silver Medal, Bronze Medal, Best Cross-border FinTech Solution Award and the newly added Social Impact Award. Rewards include prize money of up to HKD100,000 and industry support, including HSBC Hub for the Future Membership, a summer internship provided by Hong Kong Applied Science and Technology Research Institute (ASTRI) as well as the green channel interview entry to CityU's HK Tech 300 Seed Fund.

Learn more about FinTech Olympiad competition 2023 / Registration: www.cityu.edu.hk/sds/fintech/competition.html

Young people are the drivers of the FinTech trend

Professor Raymond Chan, Acting Vice-President (Student Affairs), City University of Hong Kong encourages students to join the FinTech Olympiad competition. "In an increasingly competitive environment, both individuals and businesses seek help from innovative technologies to solve problems and improve efficiency and performance. FinTech is not only applicable in the finance industry but also used to address societal, economic and environmental issues. Joining this competition, you will be listening to what society needs, using your creativity and applying the knowledge. Moreover, you will be able to learn about the latest trends and connect with the experts. It will help you to be more competitive, so don't miss the chance to join", said Professor Chan. [video]

A record high number of over 1,400 students from 20 tertiary institutions in the GBA joined the training programme of FTOL 2023. They received 12 training sessions from October 2022 onwards, covering a range of topics from introduction to FinTech, AI, machine learning, cybersecurity, RegTech, and Blockchain to the application of FinTech in banking, insurance, customer journey and sustainability.

Last Year Winners Benefited from the Programme

Lemon Team which consists of City U students and alumnus Aaron Doering, Daniel Eckhoff and Jayson Haebich are the Bronze medal winner of the FTOL 2022. They designed their own project, Lemon T, a blockchain-based solution for people to validate the information of used cars submitted by car owners. The winning team found the FTOL programme rewarding as it had afforded them practical FinTech skills and knowledge and opportunities to build their industry network. They are working on their own startup to bring the award-winning project to life, with the support of other seed funds. [video]

Hashtag: #CityUniversityofHongKong


The issuer is solely responsible for the content of this announcement.

FinTech Olympiad

FinTech Olympiad (FTOL), hosted by the City University of Hong Kong and supported by HSBC, is an active learning programme designed to empower and inspire young FinTech talents and to promote connections among the FinTech communities in the GBA. FTOL provides a series of training, a project-based competition and networking opportunities that equip post-secondary students in the GBA with FinTech knowledge, skills and connections that can enhance their competitiveness and employability and help them surf the auspicious FinTech trend.

Website:

Social media platforms:

City University of Hong Kong

Located in the heart of Hong Kong, CityU has a well-earned reputation as an innovative hub for research and professional education and for addressing global issues and empowering positive change.



How Business Advisory Services Help Companies Achieve Sustainable Growth

Every business owner aims to build a profitable and sustainable organisation. While dedication, innovation, and hard work are important, achieving l...

Why Body Contouring Has Become A Popular Cosmetic Treatment

Many people maintain healthy lifestyles through regular exercise and balanced eating habits but still struggle with stubborn areas of fat that are dif...

How to Choose the Right POS Hardware for Your Business in Australia

A lot of Australian business owners spend weeks researching POS software but buy hardware almost as an afterthought. That's a mistake. The wrong har...

Why Material Handling Hose Is Critical for Industrial Efficiency

A high-performance material handling hose is an essential component in industries that transport abrasive, dry, or bulk materials on a daily basis...

How to Choose the Right Lawyer in Melbourne for Your Situation

Choosing legal support can feel difficult, especially when the stakes are personal or business-related. The right lawyer in Melbourne should underst...

Hoteliers Look to Clever Value Adds to Increase Revenue

The Australian hospitality industry is still in recovery mode after a notoriously rough patch in recent years. While there has been a post-COVID tra...

Moving to Queensland? Here’s How to Prep Your Car for the Big Move North

There’s no sign of the northern migration slowing down, with thousands of southerners fleeing from chaotic lifestyles and cooler climates for a brig...

Diesel Shortage to Impact Trades and Contractors

Strait of Hormuz blockage affecting all major parts of trades and construction Trades and construction across residential, commercial and industria...

Why Holiday Home Owners Turn to Rental Management Agents

The Allure — and the Reality — of Renting Out Your Property Owning a holiday home is a dream for many Australians. Whether it's a beachside sha...

Why Finding Reliable Doctors In Bundoora Is Important For Long-Term Health

Access to quality healthcare plays an important role in maintaining overall wellbeing and managing health concerns early. Trusted Doctors in Bundoor...

Understanding the Different Types of Car Services: Minor vs Major

When it comes to car maintenance, one of the most important things every vehicle owner should understand is the difference between a minor and a maj...

How Superannuation and TPD Insurance Work Together

Superannuation is an essential part of financial planning in Australia. It is designed to provide individuals with income during retirement, helping...

Tiny Towns funding granted for Mt Hotham and Mt Buller upgrades

Alpine Resorts Victoria (ARV) has welcomed funding support from the Victorian Government’s  Tiny Towns Fund, with both Mt Hotham and Mt Buller se...

Locksmith Services: Why Professional Security Solutions Matter More Than Ever

Security is a critical concern for homeowners, businesses, and vehicle owners alike. Whether it involves protecting a property, replacing damaged lo...

Why Tooth Fillings Are Important For Protecting Damaged Teeth

Cavities and minor tooth damage are common dental problems that can worsen if left untreated. Professional tooth fillings help restore damaged teeth, ...

The Connection Between Visibility and Driver Confidence

Operating a vehicle safely requires an immediate, uncompromised stream of visual information from the surrounding road environment. A driver's decis...

Important Things To Know Before Starting An SMSF Setup

Planning for retirement requires careful financial decisions, and many Australians are now looking for more direct control over how their superannua...

Why Retail Cleaning Plays a Key Role in Customer Experience and Business Success

Professional retail cleaning services are an essential part of maintaining a welcoming, safe, and professional environment for customers and staff...