Hang Seng Won the Award of Innovation Movers by HKSTP
“Innovation Movers”, set up by HKSTP, is the first-ever appreciation award to recognize Hong Kong corporates for encouraging innovation adoption and for those who make great contributions to the robustness of Hong Kong’ innovation ecosystem.
After the screening section, Hang Seng Bank has been honored for “Innovation Movers” among the Business Transformer category, and the ceremony was held on 26 May during the Corporate Innovation summit.
Aiming at demonstrating the prosperity of HK‘s innovation ecosystem, and to support the growth and expansion of the innovation ecosystem, HKSTP invited several organizations to share their corporate’s innovation stories.
The subject of the innovation story submitted by Hang Seng is “Innovation is a verb”, illustrating how FinTecubator, as an innovation arm in Hang Seng, has brought innovations and inspirations to the bank in the era of banking 4.0.
By adopting “Outside-in”, “Inside-out” and “Open inside” strategic, Hang Seng embraces open innovation to accelerate the fintech adoption and digitalization bank. ‘Outside-in’ means to bring in external innovative solutions, and ‘Inside-out’ is to share idea and adopt collaborative solution internally, while “Open inside” means to promote innovation culture in the bank.
With great honor to receive this award from HKSTP, FinTecubator will continue to explore opportunity to boost corporate innovation and is dedicated to making Hong Kong to be one of Asia’s major innovation hubs.