Posts From Fintech News Hong Kong

Fintech: New Report Urges Hong Kong To Take Proactive Steps

Fintech is set to transform the financial services landscape and presents both opportunities and challenges. But for Hong Kong to capitalize on the trend and become a leading fintech center within the region and one of the leading centers in

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Shapr: A Matchmaking App, A Tinder for Entrepreneurs

Networking is a pillar of entrepreneurship and there is no simpler and more convenient way to do it than online. With new connections, new ideas, projects and collaborations may just materialise. Shapr, a tool that helps entrepeneurs network by matching

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The Case for Robo-Advisory and Digital Wealth

An April 2017 Burnmark report rexplored the tie-up between digital wealth and robo-advisory within the FinTech industry. With retail investors demanding for more complex asset classes and investments and increased transparency and control over investments, traditional wealth management firms, more

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Banks should look at Design Thinking as a way to compete with the emerging fintech sector

A report by Oliver Wyman and IESE Business School suggests that banks should leverage “Design Thinking” to evolve their business models, in an era where traditional ways of doing business are threatened by the prolifetation of fintech. In the financial

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How other countries can learn from China’s digital payment platforms

A case study by Better than Cash Alliance has presented ways in which the developing world can learn from China when it comes to digital payment modes. The study, titled Social Networks, e-Commerce Platforms, and the Growth of Digital Payment

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Hong Kong Central Bank Sees Potential in Blockchain Technology

Distributed ledger technology (DLT), also referred to as blockchain technology, could benefit both customers and banks by providing better banking services to users, while helping financial institutions offer services of greater security, quality and efficiency, according to a report by

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Founder of Pebble Eric Migicovsky Shares Lessons with Hong Kong Entrepreneurs

Organised by Brinc, KPMG and Invest HK, the founder of Pebble, Eric Migicovsky shared what he learned during his 8-year entrepreneurial journey at Pebble last Thursday evening. From the name “Pebble”, to Kickstarter hero and the whole process of launching

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21% of Hong Kong Banks Eyeing Fintech

Banks and asset managers that are first movers in fintech reap big rewards, says a Simmons & Simmons Study. Fintech start-ups has attracted growing investment over the past few years, according to a study titled “Hyperfinance” by Simmons & Simmons

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Hong Kong Institutions Fall Behind on Fintech Innovation

Only 51% of Hong Kong institutions have adopted a ‘disruptive’ strategy, compared to 56% globally and 59% in China, according to the PwC Global Fintech Survey 2017. However, 82% of financial institutions in Hong Kong intend to form partnerships with

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Fintech in Taiwan: an Overview

Fintech has become a hotly debated topic in Taiwan. To boost the development of financial innovation, regulators and government agencies have committed significant resources to establish dedicated organizations and funding schemes, as well as foster collaboration between market participants. Government

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