Eight financial technology start-ups, including companies from Hong Kong, Japan, Singapore and Germany, are looking to introduce innovation that could help revitalize the Asia-Pacific banking market through a program backed by a dozen major institutions. A fraud prevention system using algorithms based on Chinese characters, a customer identity system based on the online ledger platform known as blockchain, a predictive investment solution, and electronic wallet are among technologies under review at this year’s staging of Accenture’s FinTech Innovation Lab Asia-Pacific in Hong Kong. In a statement to the South China Morning Post, HSBC Asia-Pacific chief operating officer Raymond Cheng Siu-hong said it was important that financial institutions in Hong Kong are taking the lead in sponsoring innovation.