How the coronavirus is turbocharging Hong Kong’s fintech revolution

  • “Forced to adapt quickly, Hong Kong’s banking and financial services industry has hastened its adoption of digital transformation and AI in the name of survival, supported by a rapidly evolving regulatory environment
  • For Hong Kong’s financial institutions, Covid-19 will propel growth in AI technologies such as biometric facial recognition and electronic “know your customer” for remote account opening and onboarding, as well as AI fraud-detection.”

https://www.google.com/amp/s/amp.scmp.com/comment/opinion/article/3092803/how-coronavirus-turbocharging-hong-kongs-fintech-revolution

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