Posts From Fintech News Hong Kong

DATE 2018 Showcases Latest Innovations in E-Commerce and Fintech

This year’s Discover Advanced Trends in E-Commerce Expo (DATE) event, which was held last month in Taipei, showcased the latest innovations in e-commerce and fintech and gathered some of the world’s key players on the global scene. Organized by the

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Kakao’s Ground X Unveils Its Blockchain Platform Klaytn

Ground X, the blockchain subsidiary Kakao, often likened to the Korean version of WeChat; has announced the launch of the Testnet version of Klaytn. This move follows the trend of messaging apps going into blockchain with companies like Line launching it’s

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Neat Bundles Up Invoice-Buying P2P Startup to Sell Discounted Services

Invoice financing company Capital Match, and SME current account platform Neat, announce a stronger partnership. Through this collaboration, both parties hope to provide more cost-effective account management and financing services geared towards SMEs in Hong Kong through their collaboration. Established in

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9 Inspiring Hong Kong Fintech Startups Founders to Follow

Hong Kong, an international finance center, has put a lot of effort into becoming a leading fintech hub. Today, the special administrative region is home to 48 of the world’s top 100 fintech companies, over 40 incubator and accelerator programs,

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HKMA Explores Suptech, The Overlooked Missing Piece of The Smart Banking Picture

It is often said that fintech is one of the most regulated tech sectors in the world, and for good reason. There are dire consequences to any developing tech going wrong (Facebook’s recent privacy scandal comes to mind), but straits

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Open Banking in Hong Kong to Fuel The City’s Fintech Ambitions

Open banking is gaining traction globally fueled by regulations like the EU’s P2D2 and the UK’s CMA Open Banking, a combination of banks’ internal efforts and market initiatives. Open banking refers to the use of open Application Programming Interfaces (APIs)

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Now That The HKMA Faster Payment System is Live, What Does it Mean For Hong Kong?

In an effort to push Hong Kong towards a cashless society, the HKMA Faster Payment System was launched earlier this month To date 21 banks and 10 digital wallet have signed up for the system which includes well known names

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The CareVoice Brings Its AI Health Assistant into HK’s Competitive Insurtech Market

Shanghai-based insurtech startup The CareVoice announces the launch of its mobile platform into Hong Kong, the company’s first major move outside of mainland China. Hong Kong’s insurtech scene is one of the hot tickets lately, with the total amount of

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Hong Kong Fintech Week 2018: All You Have to Know

Hong Kong will be hosting its third annual Hong Kong Fintech Week from October 29 to November 02, 2018. Hong Kong Fintech Week 2018 is set to be the world’s first cross-border fintech event that spotlights the Guangdong-Hong Kong-Macao Greater

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Crushed By China’s P2P Crackdowns, Lufax’s Global Strategy Is Now Robo-Advisors

Just in March, Lufax had big aspirations towards launching an IPO that they hoped would raise its valuation to USD60 billion, a huge jump from when the company last valued at US$ 18.5 billion in 2016. Unfortunately, a rampant slew of Peer-to-Peer

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