Accenture and Banks in Asia Unveil 'FinTech Innovation Lab Asia- Pacific' - Insurance News | InsuranceNewsNet

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June 17, 2014 Newswires
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Accenture and Banks in Asia Unveil ‘FinTech Innovation Lab Asia- Pacific’

Proquest LLC

A group of 10 financial institutions and Accenture launched an Asia-Pacific-wide competitive search for the region's top financial technology innovators.

According to a release, selected companies will participate in the FinTech Innovation Lab Asia-Pacific, a 12-week program that helps early- and growth-stage financial technology innovators accelerate product development and gain exposure to top-level financial industry executives.

Entrepreneurs developing potentially game-changing technologies for financial services - particularly in the areas of Big Data and analytics, mobile and wireless, payments, risk management, security, compliance, and social media and collaboration technologies - are invited to apply. Senior executives from Bank of America Merrill Lynch, Bank of China (Hong Kong), Barclays, China Construction Bank (Asia), DBS, HSBC, J.P. Morgan, Morgan Stanley, Ping An and UBS will select the winning applicants and provide mentoring to entrepreneurs from across Asia-Pacific who attend the program in Hong Kong.

"Hong Kong's role as a regional hub for the banking industry and the gateway for China investment made it an ideal location to launch our new Asia-Pacific Lab," said Sushil Saluja, senior managing director of Accenture'sAsia-Pacific Financial Services practice. "By fostering the development of the next generation of financial technology companies, the Lab will further strengthen Hong Kong's status as one of the world's leading financial capitals."

More information and complete details:

www.accenture.com

((Comments on this story may be sent to [email protected]))

Copyright:  (c) 2014 ProQuest Information and Learning Company; All Rights Reserved.
Wordcount:  224

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