Bank of China (Hong Kong) (BOCHK) recently launched the “Account Opening EXPRESS for Amazon E-commerce Customers”, offering exclusive account opening benefits to e-commerce business customers operating on the Amazon platform, fully supporting the development of e-commerce. By using the e-commerce analysis report from the “Laboratory for AI-Powered Financial Technologies (AIFT)”, customers can enjoy priority services on account opening.

Upon the formation of a joint working group between BOCHK and AIFT, and following the signing of an agreement, this partnership led to the launch of their financial services innovation tailored for e-commerce business customers on the Amazon platform. Leveraging its cutting-edge scientific research capabilities and data analysis technology, AIFT e-commerce analysis report provides comprehensive and in-depth business insights and risk assessments for e-commerce enterprises, support the KYC process of bank account opening process. The launch of this express account opening channel signifies AIFT’s e-commerce analysis report in bank account opening and financing, not only establishing a quick-access pathway for account opening of e-commerce enterprises but also helping banks gain a deeper understanding of the operational dynamics of e-commerce customers, thereby enabling the provision of more precise financial services. This milestone demonstrates how financial technology is facilitating the growth of inclusive finance in Hong Kong.

For more information on the “Account Opening EXPRESS for Amazon E-commerce Customers,” please visit the “BOC CONNECT” Mobile App.