Huawei opens innovation center in Helsinki

Chinese telecommunications equipment supplier Huawei has opened an innovation center in Finland. At the Digital Finance and Security Innovation Lab (Fin²Sec) in Helsinki, innovations are to be developed in cooperation with local partners, according to media reports. The focus is on the digitalization of banking, finance, and payment services in Europe, as reported by tech blog Gizmo China. According to the report, Huawei is collaborating with Aalto University, the University of Helsinki, and other partners such as banks and fintech from all over Europe. The lab will not only develop new concepts but also share experiences and challenges, said Adam Rybusiewicz of Huawei, according to the report.