UM scholars attend Fintech forum for young scholars

Prof Jean Chen gives a keynote speech

Three scholars from the University of Macau (UM) Faculty of Business Administration (FBA) recently attended a financial technology (Fintech) forum for young scholars from mainland China, Hong Kong, Macao, and Taiwan. Participants discussed a wide range of topics, including financial regulation, big data analytics, industrial robotics, and the potential applications of financial technology.

Prof Jean Chen, dean of UM’s Faculty of Business Administration, chaired the forum and delivered a keynote speech on the role of artificial intelligence in anti-money laundering efforts. From a regulatory perspective, Prof Chen provided a comprehensive review of the latest developments in anti-money laundering efforts worldwide and an in-depth analysis of the application of artificial intelligence in this increasingly important field. She also proposed valuable suggestions on the possible applications of Fintech in Macao.

Prof Maggie Fu from the FBA shared her research findings concerning the diffusion of industrial robotics and inclusive growth in both developed and developing countries from a macroeconomic perspective. Prof Susan Ren from the FBA and her PhD students examined the performance of artificial intelligence-powered mutual funds using a microeconomic approach. The FBA’s research efforts to cover the three key dimensions of Fintech research were highly endorsed by scholars and experts at the forum. The findings also led to insightful discussions of various critical issues related to Fintech.

Yang Xiaoguang, chairman of the Systems Engineering Society of China, led a discussion session on future collaborations in teaching and research in the field, and a preliminary collaboration framework was proposed. The event was jointly organised by the Systems Engineering Society of China, the China Association for Science and Technology, Lingnan (University) College, and Sun Yat-sen University. Participants came from various well-known universities, including the Hong Kong University of Science and Technology, the Chinese University of Hong Kong, Sun Yat-sen University, Xiamen University, Wuhan University, the Central University of Finance and Economics, Jinan University, Peking University HSBC Business School, and UM.

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