On May 22, at the TAB Global Financial Technology Innovation Awards 2025 ceremony held by The Asian Banker (“TAB”), WeBank Technology Services and Fusion Bank were jointly awarded the Best Core Banking Technology Initiative (Small Bank) in Asia Pacific for their collaborated project of Next-Generation Core Banking System.
The TAB Global Financial Technology Innovation Awards is one of the most prestigious benchmarking awards for technology innovation leadership and performance in the global financial services industry. The Best Core Banking Technology Initiative specifically acknowledges institutions with exceptional technological advancement in core banking systems. This is the first time in three years that a Hong Kong digital bank won at the TAB Global Financial Technology Innovation Awards, indicating the technological leadership of the project’s collaborative achievement.
Fusion Bank and WeBank Technology Services were jointly awarded the Best Core Banking Technology Initiative (Small Bank) in Asia PacificThe award-winning project was launched to enhance Fusion Bank’s digital service capabilities and meet its business innovation and cost-efficiency needs to ensure the bank’s sustainable development. The project covered upgrade of over 150 subsystems across five core business areas of Fusion Bank, and was completed with a swift cutover in just 15 hours. The data in legacy systems from various vendors were seamlessly migrated to the new core banking system within merely six hours. Supported by WeBank Technology Services with its core banking system solutions, the project has set a new benchmark in banking system upgrade for the banking industry in Hong Kong.
