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Fintech Disruption: Evolution of Modern Finance

Very glad to interview Charlie Zhang, VP @ AGTech Holdings Limited, a unique JV from Alibaba Group and Ant Group, and parent of Macau Pass S.A., a company I've grown to profoundly admire, as well as its entrepreneurial founder John Sun.

One of their major achievements has been simplifying domestic and cross-border hashtag#payments to citizens and businesses alike - you can now use MPay / Alipay+ in over 40 countries. I personally used my Macau e-wallet when buying a water bottle in a 7/11 in Bangkok, astounding! Despite my teasing, Charlie reinforced how competition is a driver towards hashtag#innovation and we were even promised new services, incl. on lifestyle.

We also touched on the challenges in expanding to new markets, such as India, confirming the very same findings during our CEIBS Global Executive MBA Programme module therein in cooperation with the Indian Institute of Management Bangalore.

Thanks Charlie, who flew in from Beijing for this France Macau Chamber of Commerce (FMCC) breakfast talk, AGTech chairman John, FMCC Chair Rutger Verschuren for the stage, Charles Fauchet, Tech Comm head and members Mary Mendoza 文美玲 and Alan Yung, PhD, MSc, MSc, for their support and contribution, Stephanie Chiang, Stella Wang and LEONG SIN HANG, Sherley for the whole coordination, Macau Business and Macao News Kenny Fong for the coverage and the participative audience !

We were featured here:

https://macaudailytimes.com.mo/macau-pass-eyes-further-developments-in-realm-of-cashless-payment-options.html

https://macaonews.org/news/business/macau-pass-branding-fmcc-talk-macao/

https://www.macaubusiness.com/macau-pass-stresses-tech-communitys-resilience-amid-shifting-political-scene/

https://www.francemacau.com/events/discover-our-events/the-fmcc-breakfast-talk-rendez-vous/fintech-disruption-evolution-of-modern-finance.html

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