Fintech Association of Sri Lanka holds awareness workshop

Thursday, 24 January 2019 02:29 - - {{hitsCtrl.values.hits}}

The Fintech Association of Sri Lanka (FASL) recently facilitated a ‘Introduction to Fintech’ (designed by University of Hong Kong) workshop at Hilton Colombo.

The workshop was conducted by FASL President Rajkumar Kanagasingam while FASL Senior Adviser Tissa Jayaweera moderated the discussion session.

Central Bank of Sri Lanka (CBSL) Payments and Settlements Department Director D. Kumaratunge participated, representing CBSL at the workshop.

‘Introduction to Fintech’ of the University of Hong Kong is an illustration of what is happening in the fintech sphere today and how in the future, finance will be about an experience, not a product.

FinTech involves the use of technology, particularly information technology to transform the way that finance is being done in global markets, developing countries, and across start-ups and tech firms.

Twenty years ago, IBM spent $ 100 million to build Deep Blue, the super computer that beat Garry Kasparov. This smartphone is more powerful than Deep Blue. If you want to be in finance today, you need to understand technology.