Following the global financial crisis in the late 2000s, advanced technology products and applications led many non-financial players to jump into the financial services field, hastening the arrival of the digital finance era. Eventually, financial regulators set up a FinTech Office to support the trend toward digial innovation. Given the above developments, the Fubon Group’s broad range of banking, securities and life and general insurance services, the Fubon Financial Holdings FinTech Office was established in December 2015.
In the initial stage, the office surveyed domestic and international FinTech applications and reviewed domestic banking laws before beginning to research people-oriented services. Adopting “TechFin” as a starting point, it is also consolidating the Fubon Group’s digital competencies and transformed the capabilities of the Group and its employees, hoping to turn Fubon into a benchmark in the FinTech field.
In the future, the Office will work with leading academic institutions, research institutions and startup companies to offer more wide-ranging and innovative FinTech applications. In making these applications part of people’s daily lives, the Office hopes to create a convenient, safe and reliable financial services environment.
Taipei Fubon Bank
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