Standard Chartered applies for HK virtual licence for new bank
The upcoming digital bank also got a new CEO.
The upcoming digital bank also got a new CEO.
Will be used for its Hong Kong branch’s private banking business.
This marks Fosun’s second investment in Israel.
Hong Kong Monetary Authority publishes API framework.
With ambitions of expansion across industries and jurisdictions.
DBS is shaping up to be a fintech innovator. What projects is it working on?
Will be used for new features, tools and recruitment.
Paperless and chatbots are the cure in Hong Kong.
Dah Sing Bank will leverage Daon’s IdentityX platform to offer both fingerprint and facial authentication.
To grab a share of the digital and financial inclusion markets.
SuperCharger accelerator results in 47 deals after 12 weeks, and a lot of funding.
BNY Mellon and Deutsche Bank launch chatbot for trading on the HKEX.
Where is the future of fintech?
Private banking group has completed its migration.
All right, my loves? Bonus news from Hong Kong-based investor.
Covering cards, customers, money movement, onboarding, and pay with points.
The stakes could not be higher.
Shiny, speedy and 10,000 square feet.
Instarem presents a series of infographics to find out what $1 can do for you.
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
The financial secretary in the 2018-19 budget tasked the HKMA to look at this.
Financial services and fintech sectors get handy boost of $63.9m over next five years.
Hong Kong-based money service will use xCurrent blockchain solution.
The project is in line with Standard Chartered’s objective to be “the digital bank with a human touch”.
AIA Hong Kong, a subsidiary of pan-Asian life insurance group AIA, has launched a blockchain solution for bancassurance.
Catch up on Banking Technology’s top five fintech stories of the week – all in one place!
SuperCharger, a fintech accelerator in Asia, has unveiled the opening of applications for its third programme in Hong Kong.
A new bank, Into the Future (ITF), is gearing up for launch in Hong Kong and Singapore. Among its investors is Jim Rogers, an American businessman based in Singapore and the co-founder of the Quantum Group of Funds (which he started with George Soros).
Hong Kong’s Securities and Futures Commission (SFC) has launched its SFC Regulatory Sandbox to provide a place for firms to test out their ideas. Like other regulators, the SFC says: “For the sake of market integrity and better investor protection, the reliability of the delivery of such financial services as well as the firms’ internal […]
The Hong Kong Monetary Authority (HKMA) has unveiled a number of initiatives as it looks to improve the region’s use of payments, APIs and innovation. In a speech delivered during the Annual Banking Conference of the Hong Kong Institute of Bankers, Norman Chan, chief executive of the HKMA, outlined its grand ambitions. Chan says: “The […]
Conglomerate CK Hutchison and Ant Financial have formed a joint venture (JV) to offer a digital wallet under the AlipayHK brand, with the aim to integrate online and offline payments in Hong Kong. Ant Financial says AlipayHK got over 100,000 active users in the first two weeks after its launch last May. The mobile app […]
HSBC is expanding its existing bank feed services with the launch of a new online tool that enables SMEs to establish a data feed from their bank account to their accounting software. Its customers can now connect their bank accounts to their choice of accounting package – namely Xero, Sage and Intuit. Nadya Hijazi, global […]
Corporates and SMEs in Singapore and Hong Kong can now track their cross-border payments via DBS, using Swift’s global payments innovation (gpi). DBS says it is the first bank in the two countries to execute cross-border payments with end-to-end tracking, “helping corporates and SMEs become more efficient in their cash management”. In the past, DBS […]
The Dubai Financial Services Authority (DFSA) and the Securities and Futures Commission (SFC) in Hong Kong have entered an agreement to establish a framework of co-operation for fintech innovation. Both authorities will share information on developments and the agreement “also intends to encourage both regulators to refer innovative firms to one another’s markets and to […]
Hong Kong-headquartered capital markets and investment group CLSA has deployed Symphony Communication Services collaboration platform across its entire business. The roll-out of Symphony to CLSA’s 1,900 employees is its largest deployment to date by an Asia-headquartered firm. CLSA joins a community who connect on Symphony, comprised of over 220,000 corporate users from 190 firms. CLSA […]
The Hong Kong Monetary Authority (HKMA) is in a happy mood as the region’s financial inclusion initiatives are progressing well. Norman Chan, HKMA chief executive, visited three retail bank branches in northern Tin Shui Wai area of Hong Kong today (17 August) to understand the situation of branch services from bank representatives and staff, and […]
Liechtenstein’s private bank and asset manager LGT is working on a regtech project with Wolters Kluwer. LGT is implementing the vendor’s OneSumX platform for the regulatory reporting and risk management of its Asian operations – in Singapore and Hong Kong.
Fintech is coming on strong in Hong Kong with the unleashing of a career accelerator scheme to tap into the juicy veins of young blood. The Hong Kong Monetary Authority (HKMA) and the Hong Kong Applied Science and Technology Research Institute (ASTRI) have launched their Fintech Career Accelerator Scheme (FCAS) induction day today (27 July), […]
The Fintech Association of Hong Kong (FTAHK) has officially launched “to champion an open, inclusive and diverse fintech community in Hong Kong”.
The Hong Kong Securities and Futures Commission (SFC) and Australian Securities and Investments Commission (ASIC) have signed a co-operation agreement for financial innovation. Both parties play up their “already close ties” and the Australia-Hong Kong trade and investment relationship “more broadly”. ASIC says Hong Kong is Australia’s seventh most important destination for services exports, valued […]