HKMA launches fintech accelerator

Norman Chan at HKMA
Norman Chan, HKMA chief executive, highlights importance of fostering fintech innovation

The Hong Kong Monetary Authority (HKMA) and the Applied Science and Technology Research Institute (Astri) launched the Fintech Career Accelerator Scheme (FCAS) on December 16.

In a statement, the central bank said the initiative aims to "nurture" the talents of undergraduates and postgraduate students interested in developing a career in fintech, meeting the growing needs of fintech in Hong Kong in the process.

The scheme will be supported by 11 banks and nine universities.

"Through training

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