China Medical University1.0
  • 2018 Dec 07
  • Asia University GLORIA Held The International Symposium on the Digitization of the New Generation Industry, Finance X Manufacturing, IDC, CRI,PwC Revealing Key Trends of the Industry
From fintech to industry 4.0, IT has set off a wave of digitization for the finance and manufacturing industries. Viewing from the global development trends, API economy has become the key to speedily linking up industries and urging on ecosystem value propositions. Hosted by iABC, and co-hosted by Fusion$360, Taiwan FinTech Association, School of Big Data Management, Soochow University, Institute of Information Science, Academia Sinica, and IEEE Taipei Section, the international symposium was taking place with great success on Dec. 6. Elites from the finance and manufacturing industries, and iABC members, including Yuanta Commercial Bank, Taishin International Bank, Chang Hwa Commercial Bank, Cathay Life Insurance Company, Ltd., FCC Partners, and Formosan Life Corporation, all attended the symposium and responded with enthusiasm.
 
As VP Grace Lin of Asia University indicated, while competition is intensifying, open banking has thus been hotly battled for in the fintech arena. According to IDC, Singapore has been best prepared for open banking among Asian nations as disclosed in a 2018 rating report. It will be a major breakthrough if Taiwan is able to follow Singapore’s steps to speed up transformation by merging conventional finance and fintech triggered by open banking under the API economy framework. Besides, as the manufacturing industry is heading towards industry 4.0/smart manufacturing, real-time integration of information flow, and intellectualized management and process optimization will maximize the overall competitiveness of the supply chain.
 
The symposium was attended by GM Helen Chiang of IDC, Taiwan, a globally renowned market research agency, GM Jacob Mei of the Next Commercial Bank Preparatory Committee, President Ko-Yang Wang of Fusion$360, GM Nien-Ping Chen of Financial Services, PwC Consulting, Taiwan, Director and Chair Prof. Jin-Chuan Duan of CRI, Risk Management Institute of NUS, who is also Academician, Academia Sinica, and VP Grace Lin of Asia University, who is also COO of iABC when the road to digitization for the finance and manufacturing industries was under scrutiny from various aspects, i.e. API economy, fintech, open banking, industry 4.0 and smart manufacturing, supply chain finance, and time bank blockchain.


From left: GM Nien-Ping Chen of Financial Services, PwC Consulting, Taiwan; Associate Dean Chin-Hsiung Hsu of School of Big Data Management, Soochow University; Jan-Ming Ho, Research Fellow, Institute of Information Science, Academia Sinica and Chairman, IEEE Taipei Section; Dr. Ko-Yang Wang, President, Taiwan FinTech Association, and CEO, Fusion360; Chairman Wei-shan Lin of Tatung Company; Jin-Chuan Duan, Academician, Academia Sinica, Director and Chair Prof. of CRI, Risk Management Institute of NUS; Chairman San-Cheng Chang of Taiwan Mobile Foundation; and VP Grace Lin of Asia University

Director Jin-Chuan Duan of CRI, Risk Management Institute of NUS​​​​​​​

GM Helen Chiang of IDC, Taiwan
 
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