Organized by Industrial and Commercial Bank of China Limited (ICBC), the 15th “ICBC Cup” FinTech Innovation Competition for National College Students was held successfully on 15 March 2025 at the University of International Business and Economics. Guo Haoxuan from the Faculty of Innovation and Engineering, along with Mou Bingqian and Yuan Yining from the School of Business (MSB) at the Macau University of Science and Technology (MUST), formed “SuperAML” team to represent Macau region in the competition. The team’s entry “SuperAML-1 – The Application of AI Models in the direction of Anti-Money Laundering Management” received unanimous recognition from the on-site expert judges and won the National Grand Prize with a score of 91.00 points. This is also the second time following the previous competition where MUST students represented Macau region and once again achieved the highest honor in the “ICBC Cup” FinTech Innovation Competition for National College Students.
MSB held an internal selection contest on 21 February 2025 to prepare for the competition this year. 12 participating teams presented their projects during the roadshow session, followed by evaluations conducted by Assistant Dean Professor Tang Huajun and three Department Heads: Professor Chang Po Chien, Professor Li Xin, and Professor Lin Yongjia. Three exceptional works were selected to represent MUST participating in the Macau regional contest. The SuperAML team stood out and won the First Prize during the Macau regional contest on 26 February 2025. Being recommended by ICBC Macau to be the Macau region representative, the SuperAML team gathered on the final stage with contestants from 13 universities nationwide. The team showcased the application of SuperAML-1 platform in the direction of anti-money laundering management. Their project, based on an AI distillation models, aims at detecting and preventing money laundering activities in the financial system, while effectively ensuring the legality and transparency of financial transactions and enhancing the security of the financial system. The project marks a successful integration of financial technology and anti-money laundering. The award-winning team was guided by Professor Lin Yongjia and Assistant Professor Peng Yi from MSB.
Group photo of MUST winning team: (from left) Mu Bingqian, Guo Haoxuan, Yuan Yining
Group photo of the participants during competition
The “ICBC Cup” FinTech Innovation Competition for National College Students has been successfully held for 15 years since 2010. Over the years, it has provided a platform for college students to engage in ideas exchange, practical innovation, and showcase their talents. The competition attracted over 60,000 students nationwide, with more than 15,000 valid entries submitted. Both the number of participants and the quality of entries have reached record highs. The competition actively responds to the national strategy of rejuvenating the country through science and education, and is committed to provide a broad innovation stage for students. Besides, the competition has become an important innovative event in the field of higher education, demonstrating exemplary effects and brand value, and has been selected for the directory of the “National College Students Competition Analysis Report” of the Ministry of Education. Moving forward, the MUST MSB will go on with its commitment to nurturing fintech talent with a global vision and innovative capabilities, contributing to the advancement of fintech in the Greater Bay Area and across the nation.
