Case Study

HKT Drives Digital Transformation with 5G and Smart Mobile Applications

Banking & Finance
Digital Finance
HKT Drives Digital Transformation with 5G and Smart Mobile Applications

The widespread availability of 5G networks is accelerating the growth of the Internet of Things (IoT) and other smart mobile applications. As a pioneer, HKT is the 1st Hong Kong mobile operator to launch a true 5G network, offering unique value-added services.

During the COVID crisis, mobile applications unlocked new opportunities for various industries, ranging from online food and beverage ordering to onboarding solutions for banking and finance, as well as smart building monitoring for property management.

In partnership with Outsystems, HKT implemented a smart onboarding mobile application for a local retail bank in Hong Kong using the increasingly popular Low-Code Application Platform (LCAP). This platform enables the rapid creation and modification of smart applications with minimal coding, reducing the reliance on coding expertise and accelerating development timelines. As a result, the bank achieved faster time-to-market, enhancing its digital transformation efforts to adapt to the evolving business environment.

The app leverages advanced identity verification technology, "Electronic Know Your Customer" (eKYC), allowing customers to open accounts, apply for credit cards, and request personal loans from the comfort of their homes. It also significantly reduces customer onboarding time by 90%. Through this initiative, HKT and Outsystems are not only enabling businesses to attract new customers via online platforms but also creating opportunities for sustained growth.

In today’s landscape of new sales models, operational practices, and regulatory challenges, digital transformation is indispensable. HKT, with its proven integrated solutions, robust fiber broadband infrastructure, comprehensive 5G network, and expert team, equips businesses in Hong Kong and the Greater Bay Area with the technology and expertise needed for success.

Over the years, HKT has collaborated with various solution partners on different digital transformation and smart city initiatives across both the private and public sectors. These projects span industries such as construction, aviation, transportation, and property management. Looking ahead, HKT remains committed to driving innovation and fostering the digital transformation of more enterprises across Hong Kong.

You May Also Interested In

Copied