Red Envelope: Hongkong bustling with Innovation

“Innovation will continue to be a driving force in Asia as
fintechs and banks both develop new platforms services for the
increasingly connected consumers in Asia.”


Asia has long been bustling with innovation - with Singapore and
Hong Kong competing for financial supremacy for many years - the
verdict on who got their nose ahead is still out there.


In this episode of Red Envelope, we have Medhy Souidi, the Head
of FinTech at DBS bank joining Arun Krishnakumar and Theodora
Lau. Medhy is originally from Europe, and has been very involved
in the innovation ecosystem in Hongkong. He is well connected in
the Fintech and Blockchain space in HK, and has seen it evolve
over the past few years.


Medhy talks about his involvement in DBS' innovation initiatives.
DBS was named the “World’s Best Bank” by Euromoney magazine and
it has its own digital initiatives and is considered one of the
most innovative banks in the region. DBS also has the the Startup
Xchange program, launched in Hong Kong and Singapore, brings in
startups to co-create solutions that address specific business
challenges in focus areas such as AI (artificial Intelligence),
Machine Learning, Big Data, and RegTech. 


So what lies ahead for Asia Innovation? Listen in to hear our
thoughts.


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