David Liao (left), HSBC’s co-CEO for Asia-Pacific, and Joseph Tsai, executive vice-chairman of Alibaba Group Holding, speak during a panel at the 2021 Hong Kong FinTech Week. Photo: K.Y. Cheng
David Liao (left), HSBC’s co-CEO for Asia-Pacific, and Joseph Tsai, executive vice-chairman of Alibaba Group Holding, speak during a panel at the 2021 Hong Kong FinTech Week. Photo: K.Y. Cheng

Alibaba’s Joe Tsai says data, artificial intelligence key skills for fintech firms, other companies

  • Artificial intelligence is helping fintech companies better understand their risks, Tsai says
  • HSBC spending US$5.5 billion a year on technology to better understand its clients, take advantage of market opportunities

Topic |   Banking & finance
David Liao (left), HSBC’s co-CEO for Asia-Pacific, and Joseph Tsai, executive vice-chairman of Alibaba Group Holding, speak during a panel at the 2021 Hong Kong FinTech Week. Photo: K.Y. Cheng
David Liao (left), HSBC’s co-CEO for Asia-Pacific, and Joseph Tsai, executive vice-chairman of Alibaba Group Holding, speak during a panel at the 2021 Hong Kong FinTech Week. Photo: K.Y. Cheng
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