Posts From Company Announcement

27 Chinese Banks Work With SWIFT gpi to Accelerate Their Global Reach

SWIFT released today the names of the ten Chinese banks that have gone live on its global payments innovation initiative (gpi) since its launch in May 2017. The banks are: Bank of China, Industrial and Commercial Bank of China, Bank

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BNY Mellon and Deutsche Bank Integrates Their Chatbots

BNY Mellon and Deutsche Bank today announced the integration of their chatbots built on the Symphony platform which will result in a more seamless flow of information for clients trading securities on the Hong Kong Stock Exchange. The chatbots will

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China’s CEOs More Likely to Collaborate with Startups

CEOs of companies headquartered in mainland China and Hong Kong are optimistic about the growth outlook of the global economy and their companies, and are actively investing in innovative technologies and pursuing M&A to achieve their growth objectives, finds a

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Jack Ma: Alibaba To Invest Over 100 Billion Yuan on Smart Logistics

Alibaba Group will invest over 100 billion yuan to build the technical backbone for a smart logistics network aimed at improving delivery reach and efficiency, as well as sharply driving down logistics costs, said Jack Ma, Executive Chairman of Alibaba

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Rise of The Neo-Banks: Hong Kong Issues New Guidelines for Virtual Banks

The Hong Kong Monetary Authority (HKMA) published today a revised Guideline on Authorization of Virtual Banks (the Guideline) following the completion of a public consultation. During the public consultation, the HKMA received submissions from a total of 25 respondents, including

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ICBC Leverages Technology to Drive Cross-Border Development

Cross-border finance is developing rapidly thanks to the opening up of China’s capital market, opportunities brought by the development of the Guangdong-Hong Kong-Macao Greater Bay Area. Take Industrial and Commercial Bank of China (Asia) as an example. ICBC (Asia) started its cross-border RMB business in

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Video Sharing Platform Verasity Prepares for Crowdsale with Record Growth Momentum

Verasity, the video-sharing platform enhanced with blockchain technology that rewards viewers for watching and sharing videos, has benefitted from pre-sale growth in both membership and community traction. The company’s momentum reflects the growing need for direct and transparent relationship between

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Gartner Survey Reveals the Scarcity of Current Blockchain Deployments

Only 1 percent of CIOs indicated any kind of blockchain adoption within their organizations, and only eight percent of CIOs were in short-term planning or active experimentation with blockchain, according to Gartner’s 2018 CIO Survey. Furthermore, 77percentt of CIOs surveyed said their organization

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HSBC Launches Facial-Recognition Banking for Corporate Customers

HSBC Holdings has become one of the first banks in the world to let corporate customers access mobile banking using facial-recognition technology, speeding up the log-in process and increasing account security. Clients can now use Face ID in 24 countries

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Monaco Launches Wallet App to Bring Cryptocurrency to Every Wallet

Monaco, a HK based cryptocurrency platform, announced that it has added the Monaco Wallet App to the existing app that offers the Monaco Visa Card reservation function on the Google Play Store with approval on the Apple App Store expected

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