HKMA and HKSTP announced winners of the IADS Developer Hackathon on 27 Mar 2026, concluding a six-month innovation journey launched in October 2025 to promote secure account data sharing in Hong Kong's banking sector.
This article was generated using SAMS, an AI technology by Timothy Loh LLP.
SPOTLIGHT ON
FAMILY OFFICES
On Fri, 27 Mar, the Hong Kong Monetary Authority ("HKMA") and the Hong Kong Science and Technology Parks Corporation ("HKSTP") announced the winners of the IADS Developer Hackathon at the IADS Developer Conference held at the Hong Kong Science Park. This event concluded a six-month innovation journey for the Interbank Account Data Sharing ("IADS") initiative, launched in October 2025. The Hackathon facilitated collaboration between the banking industry and fintech firms to develop secure, customer-consented solutions, accelerating digital transformation. Five finalist teams presented their solutions following a rigorous selection and mentorship phase.
Strategic Commentary from Senior Executives
Mr Nelson Chow, Executive Director (Financial Infrastructure) of the HKMA, noted the Hackathon served as a catalyst for banking sector innovation, highlighting the high-quality, practical solutions delivered by participating teams that open new financial service opportunities. Mr Eric Or, Chief Ecosystem Development Officer of the HKSTP, emphasized the collaborative spirit within Hong Kong's innovation community, noting the connection of fintech talent with industry needs accelerates banking efficiency through secure data sharing. The HKSTP provided a sandbox testing platform and technical support.
Conference Proceedings and Judicial Panel
Details of the winning teams are set out at the annex. Ms Natalie Chan, Acting Head (Financial Market Infrastructure Services) of the HKMA, delivered a keynote speech, while Mr Eric Or delivered opening remarks. A group photo was taken with the judges, including Ms Natalie Chan (fourth from left) and Mr Eric Or (forth from right). The judges included Mr Jean-Louis Tse, CEO of the FinTech Association of Hong Kong (third from right); Mr Patrick Khong, Founding Fellow of the Data & AI Literacy Association (third from left); Mr Vincent Chan, Co-Chairman of the International Data Industry Alliance (second from right); Mr Howard Lee, Associate Director, GreenTech of the HKSTP (second from left); Mr Argon Ho, Vice Chairman of the International Data Industry Alliance (first from right); and Mr Eric Tong, Associate Director, Regional Partnership and Channel Development of the HKSTP (first from left).
Issuance and Attribution
Hong Kong Monetary Authority
Hong Kong Science and Technology Parks Corporation
27 March 2026
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