#Booth #UChicago #GNVC #Polsky #CUPP2018 I was so glad and honoured to be the judge and mentor for the Global New Venture Challenge of the University of Chicago Booth School of Business again. This year was done in the new Hong Kong campus in Mount Davis. Gorgeous campus there. https://www.uchicago.hk/ https://lnkd.in/f7hq6in

Great entrepreneurial students from different countries, such as, US, Russia, Japan, India and certainly HK and Mainland, have shared their thoughts with judges. Brilliant minds were there. We did have a great discussion. Thanks for Professor Waverly Deutsch and Director Crissy Ritter for cultivating these future stars all over the world and organizing such a great opportunity for us to share our experiences with them. Nice meeting all the judges Brian Tsui Karena Belin Duc Luu Jean Wang Brian Chan too. Will continue our mentoring sessions next week.

#FinTech #IFTA Congrats to all awardees in the IFTA FinTech Achievement Award Ceremony 2018. Find out who the winners are from my reply section below. Thanks for all guests and awardees to join our presentation ceremony and share our honour and joy yesterday. Together we have established Hong Kong as the leading FinTech hub in Asia. Let’s keep it going.

Top organization and individual contributors to FinTech Ecosystem and FinTech talents cultivation received recognition there with the support from both FSTB and ITB.

#AI hashtag#China hashtag#US hashtag#DataQuotient hashtag#DQ hashtag#CitizenDataScientist By 2030, AI will generate a significant impact to the GDP of whole world. The top 2 countries are China 26.1% and the US 14.5% according to PWC. Trade War is now but AI War is the future. I have just done a series of talks on this topic in the 3 major cities of China: Shenzhen, Shanghai and Beijing. Though we always say that people from these 3 cities are very different, they are the same in facing the same opportunity and challenge ahead in the AI era.

It is not a question if we are ready or not. We need to embrace it and sit on the driving seat to leverage on AI or amplify our abilities to compete in the future (in fact very near future). We need to keep learning AI and have a mindset of AI first. Are you prepared to be a Citizen Data Scientist? Proving yourselves that you can speak the language of AI and have a high Data Quotient (DQ) are a must for our career advancement just like we need to speak English and have a high IQ, EQ and AQ in the past 2 decades. Look forward to having a great AI journey together with you.

#FinTech hashtag#Neat hashtag#Planto hashtag#Convoy I had a very fruitful discussion with 2 great FinTech start-ups, Neat and Planto, today in Convoy FinTech Forum. The topic was how to stay ahead of competitions from hundreds of FinTech start-ups, financial services institutions, tech giants stepping into this game, etc.

That’s my key takeaways.

1. Be focus
2. Find the real pain and solve it better
3. Collaborate with the right FIs based on risk appetite, legacy, systems complexity, FI’s regional coverage (it helps u scale easier)
4. Leverage on their brands and reputation
5. Find key sponsors and engage well
6. Find a way to get around the legacy, compliance and procurement rigidity through trust building and your sponsors
7. FI’s FinTech and Innovation need help as they may not be in a very favorable position in their organizations. They may be unstable and you need to have contingency plan.

My last question to them was how to sustain your competitive advantage and the response was “Customer Focus”. It is in fact very true.