Posts From Fintech News Hong Kong
HKMA Steps Up Pressure for Banks to Accept Crypto Companies as Clients
Hong Kong’s financial regulators will be holding a second meeting with stakeholders from the banking and cryptocurrency industries to address the challenges crypto companies face in accessing banking services in the city, people familiar with the matter told Bloomberg on
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Hong Kong Sets up Web 3.0 Task Force Led by Financial Secretary Paul Chan
The Hong Kong government has established a task force chaired by Financial Secretary Paul Chan to promote the development of Web3.0. According to a 30 June statement, the Hong Kong government is looking to “embrace the megatrend of Web 3.0
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Hong Kong Launches Anti-Scam Charter to Safeguard Consumers’ Credit Card Info
The Hong Kong Monetary Authority (HKMA) and Hong Kong Association of Banks (HKAB) has launched the Anti-Scam Consumer Protection Charter to enhance public awareness of safeguarding credit card and personal information. Led by the HKMA and the HKAB, all 23
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OneDegree Raises Another US$27 Million to Close US$55 Million Series B
Hong Kong’s digital insurer OneDegree Group announced that it has secured an additional US$27 million to close its Series B funding round at US$55 million. The fundraise was joined by existing investors Gobi Partners, Sun Hung Kai and Bitrock. The
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HKEX Gears up to Launch New IPO Settlement Platform FINI in October
The Hong Kong Exchanges and Clearing Limited (HKEX) is set to launch its IPO settlement platform FINI in October this year. FINI will significantly shorten the time between the pricing of an IPO and the trading of shares from five
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FSMOne Tackles the Pain Point in Seamless and Quick Investment Account Opening
Before fintech and digitalisation became prominent, investors had to fill in long and clumsy account opening forms and even pay a visit to the branch just to open an account at an investment platform or a brokerage firm. Out of
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HSBC Enables Hong Kong Customers to Trade Bitcoin, Ethereum ETFs
The Hongkong and Shanghai Banking Corporation (HSBC) has enabled its customers to buy and sell Bitcoin and Ethereum ETFs listed on the Hong Kong exchange, according to Chinese journalist Colin Wu in a series of tweets. SCOOP: HSBC, the largest
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6 Young, Fast-Growing Fintech Startups from Mainland China to Watch
Mainland China has emerged as a hub of innovation and rapid growth in the fintech sector, with several firms such as the Ant Group, WeBank and Lufax leading the way in transforming the financial landscape. These companies have captured attention
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Is Your Organization Leveraging the Full Potential of ISO 20022?
The advent of ISO 20022 signifies a monumental shift in the financial world, a transition that promises unprecedented transparency, efficiency, and improved risk management. This financial standard elevates transaction data richness to a new level by offering up to ten
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AsiaPay Taps PayMe by HSBC to Expand Payment Options for Hong Kong Merchants
AsiaPay, a digital payment solutions in the Asia Pacific, has announced the partnership with PayMe by HSBC in Hong Kong to help local merchants provide more flexible payment options in a single device and enhance the purchase experience for consumers.
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