BUS News

Three School of Business students and graduates were amongst HKBU winners of major awards at the Fintech Olympiad 2022 (FTOL) on 28 May 2022. The competition featured 72 teams from tertiary institutions in the Greater Bay Area, with 32 finalists pitching their ideas in the final stage.

Yuk Ching LEE (Year 4, BBA Finance/ Information Systems and e-Business Management) achieved the Silver Prize and Award of Distinction for a blockchain-based supply chain finance system which aims to integrate ESG scores into the credit risk assessment process for SMEs, to raise companies’ incentives to develop sustainable supply chains. The judges were impressed by Lee’s analysis of how web3 technologies could be applied in ESG, particularly in green trade financing.

Matthias AWUNI (MSc in Finance and Fintech (Financial Analytics), 2021) led a team of four, including Man Ki HO (Year 4, BBA in Human Resources Management/ Marketing), Yan CHENG (MPhil in English Studies) and Kwan Ting FOK (BSc in Mathematics and Statistics), to an Award of Merit, as one of the top three runners-up, and an Award of Distinction. Their idea tried to enable low-income earners to access financial services, aiming to transcend geographic and demographic barriers in assessing creditworthiness.

Hosted by the City University of Hong Kong and supported by HSBC and the Hong Kong Blockchain Society, FTOL 2022 presents ideas on the application of financial technology, providing an opportunity for students to showcase their fintech ideas. Ms. Queenie Lee, Lecturer of the Department of Finance and Decision Sciences, coached both of the winning teams.