The more partners we have, the more commercial data will be available in CDI. The participation of our partners is crucial to the success of CDI.
CDI enables an easy access to real time and reliable commercial data with customers’ credit portfolio. This ground breaking financial data infrastructure effectively accelerates our loan approval process to facilitate SMEs in obtaining finance.
Phoebe Tse
As the first batch of CDI participants, GS1 Hong Kong fully commits to support the next generation digital finance services through the offering of trusted digital trade data from our ezTRADE, a long-serving B2B order-to-cash platform.
By connecting our platform to the CDI, we hope to make trade financing easier and faster for our ezTRADE suppliers community. We look forward to working with more banks and other stakeholders in the ecosystem, empowering more innovative services to the SMEs.
Anna Lin, JP, FCILT
New World Development continues to apply new technology to its businesses to enhance the customer journey, to improve our overall business efficiency, and to accelerate our sustainability efforts. As Hong Kong’s first property developer to join the HKMA’s Commercial Data Interchange, and by introducing the use of FinTech in the Group, we hope to create a win-win-win situation for SMEs to access financial services, for us to strengthen our partnership with ecosystem stakeholders, and to promote the adoption of FinTech and green supply chain in Hong Kong and across the Greater Bay Area.
Paul Sin
We are pleased to be the first virtual bank participating in the HKMA’s Commercial Data Interchange initiative. Leveraging Tradelink Electronic Commerce Limited’s customer trade declaration data as an alternative data source for credit assessment, we have streamlined the loan approval process and have made the banking services more accessible for SMEs. We will continue to expand virtual banking services for more SMEs through the use of alternative data, and promote financial inclusion in Hong Kong.
Michael Fei
We can serve our customers better by leveraging commercial data to streamline our processes and offer enhanced digital experiences. With improved insights into our customers’ businesses, we are better able to assess their needs and objectives, which allows us to provide tailor-made financial solutions for us to better help our customers grow.
Donald Lam
We are delighted to take part in the HKMA’s CDI initiative sharing our customers’ trade declaration data with banks that help them offer loan services to our SME customers who otherwise have difficulties in accessing such services. Through CDI and our partnership with Ping An OneConnect Bank (HK) Limited, we are happy to see the benefits brought to our customers and look forward to sharing more of such alternative data to help bring more values to the Hong Kong trading community as a whole.
Mr. Tommy Yuen, S.B.S.
Dun & Bradstreet Hong Kong is fully committed to its ongoing collaboration with the CDI to support further acceleration and upscaling of credit risk assessment processes, which will be benefit financers in Hong Kong’s SME lending market.
Andrew Wu
QFPay HK has been dedicated to providing fast and secure payment services to our merchants as well as developing different business solutions to support our merchants to grow in this fast-changing market. We are proud to participate in the CDI project by HKMA and be one of the pioneers of business data providers. Through the collaboration with financial institutions and development of related platforms, our clients will experience commercial financing in a more intelligent and efficient way.
Will Leung
CDI has broken new paths to enhance SMEs’ access to bank finance and advance financial inclusion in Hong Kong. Building on the success of our initiatives during the pilot stage, HSBC is pleased to be among the first group of banks to leverage the CDI platform to streamline business loan application journey. We will continue to work with different data providers to explore new use case and support the growth of Hong Kong’s fintech ecosystem along the way.
Frank Fang
We are pleased that HKMA is launching CDI as a data infrastructure in the Fintech 2025 strategy. This is important to us as it streamlines the process of collecting our clients’ data in a secured and prompt manner, offers more comprehensive view of their business performance, and helps us develop more used cases by leveraging the SME’s alternative data generated during business operations. CDI can also help us provide better customer experience, drive for more product innovation and financial inclusion for the SME community.
Winnie Tung
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