Smart Financial Innovation Promotion Strategies
SinoPac Holdings implemented the Digital Transformation Plan in 2020 and upholds two major strategies "Context Management" and "AI and related digital technologies," and is actively developing financial innovations. The former responds Financial Supervisory Commission's open banking policy and working with third party service providers, and have dedicated SinoPac Holdings’ efforts to the integration of cash flow collection and payment API, incorporating it in financial service ubiquitous of each industry to complete the integration of domestic, overseas, online, and offline payment and collection products. The latter engages in the development of AI and emerging technologies, and implemented automated operation tools, cloud service framework, and big data applications, helping SinoPac Holdings' subsidiaries reduce labor cost and generate synergies from resources.
SinoPac Holdings continues to communicate with the IT and R&D teams to accelerate the transformation and actively cultivates new-generation FinTech talent through industry-academia collaboration. SinoPac Holdings began collaboration with National Cheng Kung University (NCKU) in 2017 and implement numerous projects through 3 core principles: new technologies, new frameworks, and new businesses; and jointly started a brand-new industry-academia collaboration project with Soochow University since the end of 2021 to actively promote digital innovation (service).
SinoPac Holdings continues our extensive and longstanding collaboration with the academic community to explore the implementation of emerging technologies in the financial industry. By fostering practical integration across different domains, SinoPac Holdings aims to nurture individuals with multidisciplinary thinking, enhancing our employees' expertise in financial technology and achieving significant milestones in its advancement.
Smart Financial Innovation Services
Flipping the Branch Service Journey with 100% Paperless Operations
Bank SinoPac uses the 3S core principles including "optimization of traditional procedures (Smooth) ", "smart services procedures (Smart) ", and "personalized over-the-counter banking services (Sweet) " to create comprehensive digital banking branch services and flip the service procedures of physical branches. It achieves energy conservation and carbon emission reduction and reduces financial entry barriers to support inclusive finance.