PolyU’s School of Accounting and Finance launches its first Fintech Adoption Index Survey

The Hong Kong Polytechnic University’s (PolyU) School of Accounting and Finance, in collaboration with AI investment trading start-up Asklora, has released the inaugural PolyU-Asklora Fintech Adoption Index (FAI), which is the first locally developed index to measure Hong Kong consumers’ fintech adoption and impact. The FAI surveyed over 1,000 Hong Kong residents in regard to their adoption of key fintech applications including virtual banking, mobile payments, online brokerage, digital insurance and cryptocurrency. The survey found online stock brokerage has the second-highest adoption rate among all the fintech applications but ranked second-lowest in terms of active usage rate. Conversely, digital insurance has the second-lowest adoption rate while scoring second-highest in active usage. The research also found that users of virtual banking services had a higher overall adoption rate of all kinds of fintech applications. For instance, 77% of them were users of online brokerage services.

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Hong Kong, China, 17 August 2022 – The Chartered Institute of Management Accountants (CIMA) recently signed an agreement with The Hong Kong Polytechnic University (PolyU) for a new remote, digital self-paced learning program namely The CGMA ® Finance Leadership Program that will be available for PolyU’s Accounting and Finance (AF) students and alumni.

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