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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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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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8 Hong Kong Fintechs to Keep an Eye on

A renowned innovation hub and a global financial center, Hong Kong is uniquely positioned to become a launch pad for fintech startups that are looking to tap into the world’s biggest consumer market. According to a survey conducted by EY,

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Infographic: Ecommerce in Hong Kong

Ecommerce in Hong Kong is rapidly improving, with the latest market size showing consistent growth and average spend per user is also up. A whole 80% of all consumers now transact or research online. A lot of consumers in Hong

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More Banks Shut as Digital Banking Takes Over

The way in which we bank is changing. Bricks and mortar branches are expensive to run with high rents, salaries, and dedicated tech installations. Some of the challenger banks have no physical presence and there is an abundance of customers

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