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New 'HIVEX Finance' Layer Expands Participation to Financial Institutions

Ling Wu Co-Chairman of the CBSG Consortium and CEO & Founder of TBCASoft spoke at the 4th HIT AI & Blockchain Summit. The Summit showcased thought leaders and game-changing AI or blockchain-based solutions.

TBCASoft has a new ‘HIVEX Finance’ layer that gives financial institutions (e.g., banks) a new way to participate in the HIVEX Network mobile payment solution. The financial institutions can now provide integrated services such as foreign currency exchange to the HIVEX Network members (e.g., mobile operators, merchants) that may not have the expertise and may want to focus on the other parts of the mobile payment process. Additionally, this option can speed-up the HIVEX launch process and simplify regulatory review for some mobile service providers.

Thought leaders also speaking at the Summit included:

  • Shui-Yi Kuo, Chunghwa Telecom (CHT) President

  • Nicole Chan, Chairperson of National Communications Commission (Taiwan NCC, August 2016 – April 2019)

  • Hung-An Kao, Member of Legislative Yuan (Taiwan Legislator / Congressman)

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