Archive

Government Efforts Push Fintech Innovation In Guangzhou

China is undeniably the world leader in fintech, hosting some of the most innovative and successful companies in the sector, including Alibaba’s Ant Financial worth a whopping US$150 billion and Lufax, China’s largest online wealth management platform worth an estimated

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Video Sharing Platform Verasity Prepares for Crowdsale with Record Growth Momentum

Verasity, the video-sharing platform enhanced with blockchain technology that rewards viewers for watching and sharing videos, has benefitted from pre-sale growth in both membership and community traction. The company’s momentum reflects the growing need for direct and transparent relationship between

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Cyberport At The Forefront Of Hong Kong’s Fintech Revolution

Cyberport, which houses the largest fintech community in Hong Kong, has been at the forefront of the fintech revolution as the organization works towards developing the local digital technology industry and turn Hong Kong into a “smart city.” Claiming a

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10 Interesting Blockchain Projects in Hong Kong

Blockchain has been an important topic for fintech development in Hong Kong. As a global financial hub, it is no surprise investors flock to Hong Kong for ICOs and cryptocurrency trading. However, blockchain startups in Hong Kong do not just

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Gartner Survey Reveals the Scarcity of Current Blockchain Deployments

Only 1 percent of CIOs indicated any kind of blockchain adoption within their organizations, and only eight percent of CIOs were in short-term planning or active experimentation with blockchain, according to Gartner’s 2018 CIO Survey. Furthermore, 77percentt of CIOs surveyed said their organization

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HSBC Launches Facial-Recognition Banking for Corporate Customers

HSBC Holdings has become one of the first banks in the world to let corporate customers access mobile banking using facial-recognition technology, speeding up the log-in process and increasing account security. Clients can now use Face ID in 24 countries

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Monaco Launches Wallet App to Bring Cryptocurrency to Every Wallet

Monaco, a HK based cryptocurrency platform, announced that it has added the Monaco Wallet App to the existing app that offers the Monaco Visa Card reservation function on the Google Play Store with approval on the Apple App Store expected

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Alibabacoin Will Soon Launch The Highly Secure Multi Cryptocurrency HD Wallet

ABBC Foundation’s Alibabacoin is soon going to become one of the few coins to offer a highly secure multi cryptocurrency HD wallet that will support 8 types of cryptocurrencies including ABBC, Bitcoin, Ethereum, Dash, Litecoin, Qtum, Bitcoin Cash, and Ripple.

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Guidelines for Fintech in Personal Lending in Hong Kong

The Hong Kong Monetary Authority (HKMA) issued guidelines to banks on Credit Risk Management for Personal Lending Business. The guidelines allow banks to adopt innovative technology to manage credit risks related to personal lending business, in a bid to improve

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Cathay Pacific Asia Miles Go Blockchain

The Cathay Pacific Group and its rewards programme, Asia Miles, are launching their first application of smart blockchain technology in a marketing campaign, in collaboration with Accenture. The innovative technology is at the core of a new platform and mobile

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