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Emerging Technology and In-Store Retail: Selected Trends

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s2smodern

 

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The Hong Kong Monetary Authority (HKMA) today (25 March 2021) launched the “Global Regtech Challenge”, a competition designed to raise the Hong Kong banking industry’s awareness of the potential of Regtech adoption. The contest is one of the key highlights in the HKMA’s two-year roadmap to promote Regtech adoption in Hong Kong, as laid out in a White Paper entitled “Transforming Risk Management and Compliance: Harnessing the Power of Regtech” published in November 2020.

Read more: The HKMA launches Global Regtech Challenge
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s2smodern

 

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The Digital Innovation Challenge showcase event is the culmination of a lot of effort from people representing the larger Fintech and 4IR-Tech ecosystems in the Western Cape. In itself the challenge has strengthened relationships and the ecosystems.

The challenge formed part of the Western Cape’s mandate to deliver a world-class digital ecosystem and be recognised as Africa’s Tech Capital. DEDAT approved initiatives to support five technology sector verticals, namely: Fintech, Safety-Tech, ScreenTech, TownshipTech and 4IR-Tech.

This challenge aimed to:

(1) Give Western Cape Fintech and 4IR-Tech firms the opportunity to showcase their solution to Investors, potential corporate clients and other ecosystem stakeholders.
(2) Provide the opportunity for various ecosystem stakeholders to interact in a constructive manner to create new and enhance existing business value.
(3) Publicly express Western Cape Province’s support for the Fintech and 4IR-tech ecosystems.
A winner and runner up was selected for each Tech ecosystem during the event. The finalists were

Read more: Digital Innovation Matchmaking Challenge
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s2smodern

Seven start-up practices your business can learn to become more innovative.

Why are big business looking to start-ups for innovation?

Businesses today face a market of constant instability and disruption due to significant changes in customer behavior, technology, regulation and demographics. This demands an innovative response from business otherwise they risk losing revenue and market share to more forward thinking, innovative and agile competitors. The question is no longer, why should your business innovate, but rather, in what ways are you innovating and how fast? This paper explains the difference between how big businesses and start-ups innovate, explores the business trends of working with start-ups, and provides seven practical tips to help your business innovate.

Read more: Why are big business looking to start-ups for innovation?
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