Posts From Fintech News Hong Kong
Mox Bank Names Igor Lau as Chief Customer Officer
Mox Bank has appointed Igor Lau as the new Chief Customer Officer (CCO), effective 1 April 2024. Igor Lau steps into this role with significant industry experience, having served in various capacities within Mox, including a stint as Interim CCO
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Financial Services Are Among The Most At Risk For Digital Fraud in Hong Kong
In Hong Kong, financial services ranked second among the most targeted industries for suspected digital fraud last year, tied with travel and leisure at 7.8% each, new data released by American consumer credit reporting agency TransUnion show. In 2023, the
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Three Chinese Firms Gets Nod to Launch Bitcoin and Ethereum ETF in Hong Kong
Hong Kong has taken a significant step by granting initial approvals to three Chinese asset managers to launch exchange-traded funds (ETFs) backed by spot virtual assets such as Bitcoin and Ether. This initiative is part of Hong Kong’s ongoing strategy
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ZA Bank Leverages Technology to Expedite Loan Approvals for Global Payments Merchants
ZA Bank has launched a new business loan in collaboration with Global Payments Asia-Pacific (Hong Kong) Limited, a subsidiary of Global Payments. This partnership allows eligible merchants within the Global Payments ecosystem to quickly and easily obtain ZA Bank’s pre-approved
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Financial Secretary Paul Chan Outlines Future Path for Hong Kong’s Digital Economy
During the Perspective and Vision Forum at the Digital Economy Summit 2024, Financial Secretary Paul Chan provided an in-depth look into the commitment of Hong Kong to accelerating its digital economy. His speech outlined several strategic initiatives aimed at integrating
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HKMA Eddie Yue Discusses Hong Kong’s Role in Shaping the Future of CBDCs
Eddie Yue, Chief Executive of the Hong Kong Monetary Authority (HKMA), shared his thoughts on the future of money and payment systems in an increasingly digital world at the International Conference on Central Bank Digital Currencies and Payment Systems. The
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Tencent Rolls Out Weixin Pay Enhancements for International Visitors in China
Tencent has announced comprehensive enhancements to its payment platform, Weixin Pay, aimed at improving the experience for visitors to mainland China. These initiatives simplify registering for WeChat and linking international credit cards, ensuring convenience and security. Upon downloading or updating
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Hong Kong Set to Launch Asia’s First Spot Bitcoin Exchange-Traded Funds
The Securities and Futures Commission (SFC) of Hong Kong is anticipated to announce the approval of the city’s first spot bitcoin exchange-traded funds (ETFs) next week, according to individuals familiar with the proceedings. This development positions Hong Kong as the
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Hong Kong Unveils Enhanced Anti-Scam Charter 2.0 to Combat Digital Fraud
The Hong Kong Monetary Authority (HKMA) and the Hong Kong Association of Banks (HKAB) have launched the Anti-Scam Consumer Protection Charter 2.0, a comprehensive initiative that significantly enhances measures to protect the public from credit card scams and digital fraud.
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In Asia, E-Wallets Are Fast Becoming The Preferred Payment Method for The People
E-wallets remained popular among consumers in Asia-Pacific (APAC), maintaining their position as the preferred payment method for online shopping and becoming more prevalent for in-store purchases, new data released by payment processing firm Worldpay show. The growth of e-wallets in
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