Latest news with #DataSummit

The Wire
29-07-2025
- Business
- The Wire
WeBank Technology Services Showcases Shenzhen-Hong Kong Cross-Boundary Data Validation Platform at Data Summit 2025
HONG KONG, July 28, 2025 /PRNewswire/ -- The Hong Kong Monetary Authority (HKMA) hosted its 2025 Data Summit on Monday, drawing more than 800 representatives from the city's various sectors. HKMA Chief Executive Eddie Yue delivered a keynote address, emphasizing the city's commitment to financial infrastructure innovation. During the Data Summit, the Shenzhen-Hong Kong Cross-Boundary Data Validation Platform (DVP), co-operated by WeBank Technology Services, was also introduced as the first cross-boundary data verification service connected to the HKMA' s Commercial Data Interchange (CDI). CDl, a key pillar of the HKMA's "Fintech 2025" strategy, aims at enhancing financial inclusion through secure and efficient data sharing. Cross-boundary data bridge built on blockchain principles Developed under the guidance of the HKMA, Shenzhen Municipal Cyberspace Administration, the Hong Kong and Macao Affairs Office of Shenzhen Municipal People's Government, Shenzhen Municipal Financial Regulatory Bureau, the Authority of Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone of Shenzhen, the Shenzhen Branch of the People's Bank of China, and the Shenzhen Regulatory Bureau of National Financial Regulatory Administration, the DVP positions itself as a next-generation cross-boundary data infrastructure. The platform enables trusted validation of personal and corporate data through hash-based verification — without transferring nor storing any original data files. Powered by immutability and traceability features of blockchain technology, the platform supports data portability in compliance with regulatory requirements from both jurisdictions. The DVP collaborates with authoritative data providers in the Chinese Mainland across various sectors like finance and public services, allowing for verification of documents such as personal and corporate credit reports, bank statements, and enterprise credit information among others. The service is designed to meet growing demands for cross-boundary financial services by residents and enterprises operating between Shenzhen and Hong Kong. CDI-DVP integration to help streamline access for Hong Kong banks CDI, launched under the HKMA's Fintech 2025 blueprint, serves as a foundational financial data infrastructure that lowers the cost and complexity of data exchange between banks and commercial data providers. With the integration of DVP, Hong Kong banks can now — via a compliant, secure and efficient channel — improve risk assessment and the overall user experience of cross-boundary financial services. During the summit, Eddie Yue visited WeBank Technology Services' exhibition booth, where Huiya Yao, Head of Fintech Innovation at WeBank, shared the latest developments of the DVP. To date, the DVP has already served more than 10 business entities and is being used in various scenarios including cross-boundary credit assessment and financing. Early gains from DVP adoption At a panel session focused on cross-boundary data validation, representatives from Fusion Bank and ICBC (Asia) shared early outcomes from leveraging the DVP. Andy Li, Head of Corporate Banking at Fusion Bank, said: "Hong Kong serves as a pivotal gateway connecting the Mainland and international markets, and remains the preferred destination for Mainland enterprises going global. Fusion Bank has been committed to supporting Mainland SMEs in their overseas expansion and has approved over HKD100 million in loans for Hong Kong affiliates of GBA SMEs by leveraging the DVP for cross-boundary verification of credit information. Moving ahead, we will continue to utilize DVP to deliver more convenient financing solutions for Hong Kong affiliates of GBA enterprises, supporting the advancement of financial inclusion in the GBA." ICBC Asia's Co-Head of Data Management Youping Song revealed plans to leverage the DVP as well to verify customers' Central Bank Individual credit reports and other data types, to enhance credit status assessment work for newly arrived Hong Kong residents from the Chinese Mainland, supporting talent schemes such as the "Top Talent Pass Scheme(TTPS)" and "Quality Migrant Admission Scheme (QMAS)". Toward a Greater Bay Area data ecosystem The DVP, officially launched in May 2024, is jointly operated by the China (Qianhai) Internet Exchange (CNIX), Shenzhen Credit Service Co. Ltd and WeBank Technology Services. WeBank provides the overall architecture design and technical support of the platform. Looking ahead, Huiya Yao shared that the DVP aims to integrate more diverse data sources, deepening data connectivity across the Greater Bay Area. About WeBank Technology Services Launched in Hong Kong in June 2024, WeBank Technology Services sets out to leverage WeBank's cutting-edge fintech capabilities and digital finance best practices to deliver a variety of superior digital finance and digital infrastructure solutions to digital banks, financial institutions, government agencies, and industry partners worldwide. (Disclaimer: The above press release comes to you under an arrangement with PRNewswire and PTI takes no editorial responsibility for the same.). PTI PWR This is an auto-published feed from PTI with no editorial input from The Wire.


Korea Herald
29-07-2025
- Business
- Korea Herald
WeBank Technology Services Showcases Shenzhen-Hong Kong Cross-Boundary Data Validation Platform at Data Summit 2025
HONG KONG, July 28, 2025 /PRNewswire/ -- The Hong Kong Monetary Authority (HKMA) hosted its 2025 Data Summit on Monday, drawing more than 800 representatives from the city's various sectors. HKMA Chief Executive Eddie Yue delivered a keynote address, emphasizing the city's commitment to financial infrastructure innovation. During the Data Summit, the Shenzhen-Hong Kong Cross-Boundary Data Validation Platform (DVP), co-operated by WeBank Technology Services, was also introduced as the first cross-boundary data verification service connected to the HKMA' s Commercial Data Interchange (CDI). CDl, a key pillar of the HKMA's "Fintech 2025" strategy, aims at enhancing financial inclusion through secure and efficient data sharing. Cross-boundary data bridge built on blockchain principles Developed under the guidance of the HKMA, Shenzhen Municipal Cyberspace Administration, the Hong Kong and Macao Affairs Office of Shenzhen Municipal People's Government, Shenzhen Municipal Financial Regulatory Bureau, the Authority of Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone of Shenzhen, the Shenzhen Branch of the People's Bank of China, and the Shenzhen Regulatory Bureau of National Financial Regulatory Administration, the DVP positions itself as a next-generation cross-boundary data infrastructure. The platform enables trusted validation of personal and corporate data through hash-based verification — without transferring nor storing any original data files. Powered by immutability and traceability features of blockchain technology, the platform supports data portability in compliance with regulatory requirements from both jurisdictions. The DVP collaborates with authoritative data providers in the Chinese Mainland across various sectors like finance and public services, allowing for verification of documents such as personal and corporate credit reports, bank statements, and enterprise credit information among others. The service is designed to meet growing demands for cross-boundary financial services by residents and enterprises operating between Shenzhen and Hong Kong. CDI-DVP integration to help streamline access for Hong Kong banks CDI, launched under the HKMA's Fintech 2025 blueprint, serves as a foundational financial data infrastructure that lowers the cost and complexity of data exchange between banks and commercial data providers. With the integration of DVP, Hong Kong banks can now — via a compliant, secure and efficient channel — improve risk assessment and the overall user experience of cross-boundary financial services. During the summit, Eddie Yue visited WeBank Technology Services' exhibition booth, where Huiya Yao, Head of Fintech Innovation at WeBank, shared the latest developments of the DVP. To date, the DVP has already served more than 10 business entities and is being used in various scenarios including cross-boundary credit assessment and financing. Early gains from DVP adoption At a panel session focused on cross-boundary data validation, representatives from Fusion Bank and ICBC (Asia) shared early outcomes from leveraging the DVP. Andy Li, Head of Corporate Banking at Fusion Bank, said: "Hong Kong serves as a pivotal gateway connecting the Mainland and international markets, and remains the preferred destination for Mainland enterprises going global. Fusion Bank has been committed to supporting Mainland SMEs in their overseas expansion and has approved over HKD100 million in loans for Hong Kong affiliates of GBA SMEs by leveraging the DVP for cross-boundary verification of credit information. Moving ahead, we will continue to utilize DVP to deliver more convenient financing solutions for Hong Kong affiliates of GBA enterprises, supporting the advancement of financial inclusion in the GBA." ICBC Asia's Co-Head of Data Management Youping Song revealed plans to leverage the DVP as well to verify customers' Central Bank Individual credit reports and other data types, to enhance credit status assessment work for newly arrived Hong Kong residents from the Chinese Mainland, supporting talent schemes such as the "Top Talent Pass Scheme(TTPS)" and "Quality Migrant Admission Scheme (QMAS)". Toward a Greater Bay Area data ecosystem The DVP, officially launched in May 2024, is jointly operated by the China (Qianhai) Internet Exchange (CNIX), Shenzhen Credit Service Co. Ltd and WeBank Technology Services. WeBank provides the overall architecture design and technical support of the platform. Looking ahead, Huiya Yao shared that the DVP aims to integrate more diverse data sources, deepening data connectivity across the Greater Bay Area. About WeBank Technology Services Launched in Hong Kong in June 2024, WeBank Technology Services sets out to leverage WeBank's cutting-edge fintech capabilities and digital finance best practices to deliver a variety of superior digital finance and digital infrastructure solutions to digital banks, financial institutions, government agencies, and industry partners worldwide.
Yahoo
20-02-2025
- Business
- Yahoo
University of Phoenix Leadership to Participate in 2025 PESC Data Summit
Vice Provost Marc Booker to speak; Directors Hillary Halpern and Monterey Sims to hold key roles PHOENIX, February 20, 2025--(BUSINESS WIRE)--University of Phoenix is pleased to share that Vice Provost of Strategy Marc Booker, Ph.D., will be a featured speaker at the 2025 Postsecondary Electronic Standards Council (PESC) Data Summit. The event, which will be held on March 19-21 in Arlington, VA, provides a platform for leaders in education, policy, and technology to explore emerging trends and innovations in data standards. In addition to Dr. Booker's participation, Senior Director of Program Deployment Hillary Halpern, serving as PESC Program Committee Chair, and Director of Admissions and Evaluation Monterey Sims, a member of the PESC Board of Directors, will play significant roles in shaping the summit's agenda and discussions. Booker will lead the keynote conversation "Leveraging the CLR/LER Infrastructure to Give Students Value Today," on Thursday, March 20 at 10:30 a.m. ET. The discussion will center on the foundational role components of a Comprehensive Learner Record (CLR) and Learning and Employment Record (LER) can play in creating more value for learners utilizing micro-credentials in an increasingly tech-driven world. "The PESC Data Summit offers a fantastic opportunity to explore how data standards and emerging technologies can drive innovation in higher education at scale," states Booker. "I am eager to share how University of Phoenix has intentionally developed our CLR/LER strategy to provide increased value for our students and support their career aspirations while the market continues to evolve in embracing these new technologies." Each year, the PESC Data Summit features leading experts and visionaries in the field of education data. Speakers represent a diverse range of perspectives, from higher education institutions and government agencies to technology providers and policy organizations. Booker's session is part of a robust lineup of speakers sharing their insights on opportunities in data management, interoperability, and the use of data to improve student outcomes. As Vice Provost for Strategy at the University of Phoenix, Booker oversees critical path academic initiatives to improve the student experience such as learning platform implementations, curricular enhancements, and developing empathetic solutions to drive improved student outcomes through data. Booker's work in higher education has been recognized by several associations as he was the 2024 recipient of UPCEA's Business and Operations award for operational excellence, was honored with a 2024 Thomas A. Bilger award for his service from the American Association of Collegiate Registrars and Admissions Officers (AACRAO), and in 2020 Booker received a Hall of Fame recognition from Blackboard for his contributions in providing thought leadership and innovation in education. Halpern has been with University of Phoenix for 18 years and currently serves as the Senior Director of Program Deployment, where she has leveraged her in-depth insights from her student support and process improvement background to develop, improve, and maintain the University Program Lifecycle (UPL) process. Recognized with the "Rookie of the Year" examiner award in 2017 from Southwest Alliance of Excellence (SWAE), she has served as a lead examiner for the SWAE and as a speaker on process improvement at regional and national conferences. Halpern has a Bachelor of Arts in Psychology from Arizona State University, and a Master of Business Administration and Graduate Certificate in Human Resource Management from University of Phoenix. She recently co-authored a University of Phoenix white paper on establishing a skills ecosystem at a career-focused higher education institution. Sims serves as a Director of Admissions and Evaluation at the University of Phoenix and volunteers on the Postsecondary Electronic Standards Council (PESC) Board of Directors. During her 30-year career at the University, she has participated in a variety of process improvement initiatives including implementation of Electronic Transcript Exchange (ETX) and Electronic Data Interchange (EDI). Sims is directly responsible for the Office of Admissions Document Processing division which includes overseeing the acquisition and processing of admission documents and transcripts from prior attended institutions for University applicants. She also serves on the AACRAO Standardization of Postsecondary Education Record Electronic Data Exchange (SPEEDE) Committee and the eTrans California Steering Committee. Booker, Halpern and Sims are key members of the University of Phoenix's dynamic leadership team, which is frequently invited to share their expertise at prestigious national conferences and events. In the coming months, University leaders will participate in the AACRAO Annual Meeting, ASU + GSV Summit, 1EdTech Learning Impact Conference, SXSW EDU Conference, and PESC Data Summit. These engagements underscore the University's commitment to innovation and thought leadership in higher education, providing valuable insights and fostering collaborations that drive the future of learning. Learn more here about the 2025 PESC Data Summit. About University of Phoenix University of Phoenix innovates to help working adults enhance their careers and develop skills in a rapidly changing world. Flexible schedules, relevant courses, interactive learning, skills-mapped curriculum for our bachelor's and master's degree programs and a Career Services for Life® commitment help students more effectively pursue career and personal aspirations while balancing their busy lives. For more information, visit ABOUT PESC Since 1997, PESC Members have come together to identify, research, develop and promote the adoption of interoperable data standards and methods across the postsecondary education P20W ecosystem. Our work includes the development and reuse of common data schemas leveraging XML, EDI, JSON and JSON-LD. PESC advocates for the widespread adoption of automated connections that enhance data efficiency. These connections ensure secure and repeatable interchange across specialized administrative, financial, and academic domains. PESC is annually sponsored by AcademyOne, National Student Clearinghouse, Parchment, EducationPlannerBC, AACRAO, and ECE. For more information, please visit View source version on Contacts MEDIA CONTACT: Michele MitchumUniversity of Sign in to access your portfolio