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The HKMA launches Global Regtech Challenge

The HKMA launches Global Regtech Challenge


 

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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
(2021-03-25)
Digital Innovation Matchmaking Challenge

Digital Innovation Matchmaking Challenge


 

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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
(2021-03-09)
Digital Innovation Matchmaking Challenge Cheat Sheet

Digital Innovation Matchmaking Challenge Cheat Sheet


Application to the Western Cape Department of Economic Development and Tourism’s (WC DEDAT’s) Fintech and 4IR-Tech challenge is open. This is a unique invitation to existing Western Cape-based Fintech and 4IR-tech firms to have their technology solutions noticed by potentially interested investors and new corporate clients. For the key facts about this opportunity, click here.

Read More: Digital Innovation Matchmaking Challenge Cheat Sheet
(2020-12-12)
Calling all Western Cape based Fintech and 4IR-Tech

Calling all Western Cape based Fintech and 4IR-Tech


Apply for the WC DEDAT Digital Innovation Matchmaking Challenge by 15 January 2020

Calling all Western Cape based Fintech and 4IR-Tech


Application to the Western Cape Department of Economic Development and Tourism’s (WC DEDAT’s) Fintech and 4IR-Tech challenge is open. This is a unique invitation to existing Western Cape-based Fintech and 4IR-tech firms to have their technology solutions noticed by potentially interested investors and new corporate clients.

Read More: Calling all Western Cape based Fintech and 4IR-Tech
(2020-12-02)
Why are big business looking to start-ups for innovation?

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


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?
(2015-02-27)
Advanced analytics and AI – no longer optional for business success

Advanced analytics and AI – no longer optional for business success


 

Advanced analytics and AI – no longer optional for business success

 

Khan explains that transforming into an AI-first enterprise requires organisations to think like leaders. “It means thinking bigger and embedding data-driven technology broadly throughout the entire enterprise,” he says. “In today’s environment, AI is key to automating, accelerating and enhancing key business processes to help transform at scale and drive value.”

Read More: Advanced analytics and AI – no longer optional for business success
(2020-06-19)
Introducing KPMG South Africa’ Emerging Tech Unit

Introducing KPMG South Africa’ Emerging Tech Unit


 

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According to Shamit Govind, who heads up KPMG South Africa’s new Emerging Tech Unit, many technologies in Sub-Saharan Africa have been driven to date by large enterprise resource planning (ERP) companies. However, he believes that with the rise of niche emerging technologies, such as fintechs and agritechs, there is opportunity for more creative thinking around problem-solving.

‘In the past, you would need to take a traditional ERP approach, but at KPMG we believe those norms are no longer valid,’ he says. ‘We’re therefore taking a non-traditional approach that doesn’t look at all-encompassing or enterprise-wide problems facing businesses, but rather identifies unique issues that our clients are facing in specific areas, which we can help them to turn into value-creation.’

Read More: Introducing KPMG South Africa’ Emerging Tech Unit
(2020-02-27)
Global Fintech Hackcelerator @ Southern Africa

Global Fintech Hackcelerator @ Southern Africa


Press release

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2019 Global Fintech Hackcelerator @ Southern Africa competition winners’ announcement

Today, 29 October 2019, the South African Reserve Bank announced the 2019 Global Fintech Hackcelerator @ Southern Africa competition winners – Ukheshe and Mindbridge. The Global Fintech Hackcelerator, powered by KPMG Matchi, is a fintech acceleration programme that creates a platform for fintech firms to demonstrate their innovative solutions to complex financial challenges in the Southern African region.

Read More: Global Fintech Hackcelerator @ Southern Africa
(2019-11-01)

Benchmarking Innovation Impact 2020

Benchmarking Innovation Impact 2020


Do you have the right innovation strategies, investments, and approaches in place to drive future growth?

KPMG Report: Benchmarking Innovation Impact 2020

It can be difficult to innovate inside a large organization. So how do you create a winning strategy, assign the appropriate resources and funding, work through barriers, and deliver results? Learn how executives from 215 companies think about innovation in Innovation Leader’s Benchmarking Innovation Impact 2020 report, sponsored by KPMG LLP.

At KPMG, we know that the level of disruption and pace of change are exponentially increasing. As a result, organizations need to continuously evaluate and transform. To help you meet these challenges and assess your own innovation efforts and progress, we sponsored the Innovation Leader study to provide benchmarking data, perspectives from innovators at large companies, and KPMG insights based on work we’ve done with clients leading enterprise-scale innovation efforts.

This go-to resource provides market-leading data, examples, and inspiration. We hope that it will help you to evaluate your company and make a greater impact over time. Read it, and share the findings with your colleagues and business associates to learn how you can move the needle—whether you are designing a new initiative or refining one that already exists.

Read More: Benchmarking Innovation Impact 2020
(2019-10-10)
Global Fintech Hackcelerator @ Southern Africa

Global Fintech Hackcelerator @ Southern Africa


2 October 2019

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The top 12 innovative and sustainable fintech solutions have been shortlisted for the Global Fintech Hackcelerator @ Southern Africa. The South African Reserve Bank (SARB) will host a Fintech Demo Day on 29 October 2019 to select the two winning solutions.

In August 2019 the SARB joined forces with KPMG Matchi to run the 2019 Global Fintech Hackcelerator @ Southern Africa, an acceleration programme that creates a platform for fintech firms to demonstrate their innovative solutions to complex financial challenges in the Southern African region. Fintech firms from all over the world were invited to submit an application in response to problem statements constructed in collaboration with the SARB.

The regional hackcelerator received 95 entries from interested fintech firms located across the globe. All responding firms were validated by KPMG Matchi’s analysts and scored by a team of 24 industry executives from the following organisations: Absa, Capitec, Discovery, the Financial Sector Conduct Authority (FSCA), FirstRand Group, Investec, Liberty Group, National Treasury, Nedbank, SARB, Standard Bank, and the Technology Innovation Agency.

Read More: Global Fintech Hackcelerator @ Southern Africa
(2019-10-03)

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