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A group of 10 leading financial institutions and Accenture have launched an Asia-Pacific wide competitive search for the region’s top financial technology innovators. About seven start-ups will be taken in for the programme.
Selected companies will participate in the FinTech Innovation Lab Asia-Pacific, a 12-week programme that helps early- and growth-stage financial technology innovators accelerate product development and gain exposure to top-level financial industry executives.
The FinTech Innovation Lab Asia-Pacific is modeled on a similar programme that was co-founded by Accenture and the Partnership Fund for New York City in 2010.
“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,” Sushil Saluja, Senior Managing Director of Accenture’s Asia-Pacific Financial Services practice, said in a press release here on Thursday.
Top executives from Bank of America Merrill Lynch, Bank of China, Barclays, China Construction Bank, DBS, HSBC, J.P. Morgan, Morgan Stanley, Ping An and UBS will select the winning applicants and mentor the hand-picked entrepreneurs from the region, who attend the programme in Hong Kong.
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.
More info can be had at www.fintechinnovationlabapac.com. Applications are accepted between July 1, 2014 and July 31, 2014, a statement said.
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