The " Greater Bay Area Financial Technology Research and Application Forum" Macau venue was held on 25/02/2022 at the City University of Macau Cultural Center Exhibition Hall in the form of a video link between Shenzhen, Hong Kong and Macau. More than 100 City University Faculty of Finance and teachers and students from the Faculty of Data Science attended the event to discuss in depth the development potential and business logic of financial technology. In addition, 70 professionals from the Bank of China participated online in the conference room of the Bank of China Building, and a total of more than 260 people from Guangdong, Hong Kong and Macau attended the event online. 

Ho Lim Chan, Vice Secretary for Financial Services and the Treasury of the Hong Kong Special Administrative Region, Yang Ren, Dean of the Shenzhen Research Institute of the Chinese University of Hong Kong, and Wanlei Zhou, Vice President of City University of Macau and Dean of the Faculty of Data Science, delivered speeches via online streaming and live respectively. Bohui Zhang, Executive Vice Dean of the Faculty of Economics and Management of The Chinese University of Hong Kong (Shenzhen); Yao Guang, the founder and executive director of Little Umbrella Insurance; Feiyun Long, director of the securities firm and former tutor of the Faculty of Professional and Continuing Education of the Chinese University of Hong Kong; co-founder of Heroes Consultant ERINNO and Guangdong, Hong Kong and Macau Six academics and industry figures, including Weiye Ma, consultant of the Greater Bay Area Chamber of Commerce of Small and Medium Enterprises, Vice President Wanlei Zhou, and Jian Yu, general manager of the Digital Finance Department of Bank of China Macau Branch, shared their views via online streaming and on-site. 

The Macau venue was hosted by Yi Mu, vice dean of the Faculty of Data Science at City University of Macau. At the meeting, Vice President Zhou shared the theme of "Financial Data Security Cases and Analysis". He clarified the importance of data security and started from traditional concepts such as Confidentiality, Integrity and Availability. Explain the security concept and point out the possibility of security threats, including internal and external threats and network attackers. Since the boundaries of the system are difficult to accurately define, although detection and prevention work are necessary, they cannot reduce the risk to zero. Vice President Zhou analyzed various security threats and lessons learned through different cases, including ransomware, phishing attacks, data leaks, etc. Among them, phishing is one of the most common methods of network harm. Vice President Zhou pointed out that network security has become an issue that today's society attaches great importance to, and it is also a problem that continues to occur. Therefore, more research and development on network security are needed to enhance the public's understanding of defense against financial data attacks and build a better Secure financial data cyberspace. 

General Manager Yu discussed the development of financial technology in Macau at the meeting. Since 2017, WeChat and Alipay have gradually appeared in Macau with the prosperity of tourism, but they are only available to tourists. The launch of Macau Wallet (MPay) in the same year heralded the beginning of electronic payment in Macau. In the following years, Fengfu Bao, BOC Smart Payment and ICBC e-Payment were successively launched. Later, due to the emergence of the epidemic, the government’s electronic consumption plan further promoted the popularization of the use of electronic wallets among local residents. Although Macau’s economy has struggled under the epidemic Affected by the decline, it is undoubtedly a leap forward for financial technology. General Manager Yu pointed out that there are still many gaps in the market for Macau's financial technology, and there are many development opportunities. Infrastructure and business models also need to be further improved and explored. He expressed his expectation that the future development of Macau's financial technology will gradually form a complete set of systems and mechanisms. 

Participants at the conference venues and online in Guangdong, Hong Kong and Macau actively asked questions, and the speakers also responded in detail, creating a lively atmosphere. The forum was organized by the Shenzhen Research Institute of the Chinese University of Hong Kong, the Institute of Advanced Finance of the Chinese University of Hong Kong (Shenzhen), the Guangdong-Hong Kong-Macau Greater Bay Area Alumni Association of the Chinese University of Hong Kong, the Alumni Council of the Chinese University of Hong Kong, and the Development Office of the Greater Bay Area of ​​the Chinese University of Hong Kong, the Greater Bay Area Innovation and Entrepreneurship Association and City University of Macau are co-sponsored by the Macau Finance Society and many other financial-related associations in the Greater Bay Area. 

Guests attending the event included Danqing Lu, president of the Greater Bay Area Innovation and Entrepreneurship Association, Manzhi Cui, Vice President, Ms. Sio Mei Lao, Financial Director of City University of Macau, Dr. Wai Kong Cheung, Dean of the Faculty of Finance, and Associate Dean Yueng Wah Khong of the Faculty of Finance