Nova Credit won the “Hong Kong Rising Star” award as part of Deloitte's 2019 “Hong Kong Technology Fast 20”

Nova Credit has been recognized as  “Hong Kong Rising Star” by Deloitte.

Hong Kong Technology Fast 20 (Hong Kong TF20) is a subproject of the Deloitte China Technology Fast 50 (TF50) Program, hosted by Deloitte China and supported by Hong Kong Cyberport and Hong Kong Science and Technology Parks Corporation as strategic partners. It aims to explore and recognize the fastest-growing and most innovative enterprises in Hong Kong. As the sister program of Hong Kong TF20, Hong Kong Rising Star recognizes young companies in leading positions that have ample room for growth in their industry segments.

On November 8, 2019, Deloitte’s “Hong Kong Technology Fast 20” and “Hong Kong Rising Star” Awards Ceremony was held in HKEX Connect Hall. Samuel Ho, Chief Executive Officer of Nova Credit and Billy Wong, Head of Operations and Technology of Nova Credit, were invited to join the Award Ceremony and Summit Forum in HKEX Connect Hall.

“Nova Credit aims to utilize technological innovation not only for assisting financial institutions to explore business opportunities and to mitigate risks, but also to bring new inventions to the industry. We have successfully developed a machine learning model that uses a variety of diverse learning algorithms to achieve better predictive analytics than any single learning algorithm to detect potential financial crime in advance for effective management, investigations, and actions.  In addition, Nova Dynamic Risk Scorecard was recognized by the Credit Scoring and Credit Control Conference XVI in August hosted by Credit Research Centre of The University of Edinburgh Business School, an impartial and highly recognized research group devoted to the study of credit.”  said Billy Wong.

Samuel Ho also commented that  “We’re delighted to be recognized as one of the “Hong Kong Rising Star” awardees.  The “Fast 20″ has become the benchmark of success for Hong Kong’s tech companies and this award signifies that we are on the right track in innovating data intelligence services to better support local FinTech development and facilitate banking evolution in the Greater Bay Area.”