HKMA and HKSTP Announce IADS Hackathon Winners

HKMA Press Releases

Published March 27th, 2026

Detected March 27th, 2026

Summary

The Hong Kong Monetary Authority (HKMA) and the Hong Kong Science and Technology Parks Corporation (HKSTP) announced the winners of the Interbank Account Data Sharing (IADS) Developer Hackathon. The event, launched in October 2025, aimed to foster innovation in secure account data sharing within Hong Kong's banking sector.

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The Hong Kong Monetary Authority (HKMA) and the Hong Kong Science and Technology Parks Corporation (HKSTP) have announced the winners of the Interbank Account Data Sharing (IADS) Developer Hackathon. This event, which concluded on March 27, 2026, was part of a six-month initiative to promote innovation in secure, customer-consented data sharing solutions within Hong Kong's banking sector, leveraging the IADS initiative.

This announcement marks the successful conclusion of the hackathon and highlights the collaborative efforts between the banking industry and fintech firms. The HKMA encourages continued collaboration to drive broader adoption of the IADS, while HKSTP will continue to provide sandbox testing platforms and technical support for such initiatives. No specific compliance actions are required for regulated entities as this is an announcement of hackathon winners.

Source document (simplified)

HKMA and HKSTP announce winners of the IADS Developer Hackathon Empowering innovation through secure account data sharing

Press Releases

27 Mar 2026

HKMA and HKSTP announce winners of the IADS Developer Hackathon Empowering innovation through secure account data sharing

The Hong Kong Monetary Authority (HKMA) and the Hong Kong Science and Technology Parks Corporation (HKSTP) today (27 March 2026) announced the winners of the IADS Developer Hackathon at the IADS Developer Conference held at the Hong Kong Science Park. The ceremony marks the successful conclusion of a six-month innovation journey that has further unleashed the potential of the Interbank Account Data Sharing (IADS) initiative.

Launched in October 2025, the Hackathon brought together the banking industry and fintech firms to collaborate on innovative, secure, customer‑consented solutions, leveraging the IADS to accelerate digital transformation in Hong Kong’s banking sector.

After a rigorous selection process and mentorship phase, five finalist teams presented their solutions today to a panel of judges.

Mr Nelson Chow, Executive Director (Financial Infrastructure) of the HKMA, said, “The IADS Developer Hackathon has served as a catalyst for innovation in the banking sector. It has been truly encouraging to see participating teams deliver high-quality and practical solutions that open up new opportunities for financial services. Looking ahead, we will continue to strengthen collaboration with banks and fintech firms to drive the industry’s broader adoption of the IADS.”

Mr Eric Or, Chief Ecosystem Development Officer of the HKSTP, said, “The IADS Developer Hackathon reflects the strong collaborative spirit within Hong Kong’s innovation community. By connecting fintech talent with real industry needs, the Hackathon has helped accelerate new ideas that can enhance banking efficiency and user experience through secure data sharing. The HKSTP is proud to provide a sandbox testing platform and technical support for this competition, and we look forward to seeing these solutions contribute to Hong Kong’s fintech development.”

Details of the winning teams are set out at the **** annex . For more information about the IADS initiative, please visit the HKMA website.

Hong Kong Monetary Authority
Hong Kong Science and Technology Parks Corporation
27 March 2026

Ms Natalie Chan, Acting Head (Financial Market Infrastructure Services) of the Hong Kong Monetary Authority, delivers keynote speech at the IADS Developer Conference.

Mr Eric Or, Chief Ecosystem Development Officer of the Hong Kong Science and Technology Parks Corporation, delivers opening remarks at the IADS Developer Conference.

Ms Natalie Chan, Acting Head (Financial Market Infrastructure Services) of the Hong Kong Monetary Authority (fourth from left) and Mr Eric Or, Chief Ecosystem Development Officer of the Hong Kong Science and Technology Parks Corporation (forth from right), take a group photo with the judges. The judges include 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 Hong Kong Science and Technology Parks Corporation (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 Hong Kong Science and Technology Parks Corporation (first from left).

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