Tag "Hang Seng Bank"
Hang Seng Bank Unveils HK$33 Billion Fund to Support Hong Kong SMEs
Hang Seng Bank announced the HK$33 billion SME Power Up Fund to bolster the growth, cross-border development, and sustainable advancement of small and medium-sized enterprises (SMEs) in Hong Kong. The fund addresses the challenges SMEs face today, from cash flow
Read MoreThe Top 5 Fintech Trends that Will Dominate Hong Kong in 2024
Hong Kong, a key player in Asia’s financial sector, is progressively establishing itself in the global fintech scene, characterised by continuous technological advancements in finance. The top fintech trends in Hong Kong shaping this growth include the rise of digital
Read MoreHong Kong Calls for Greater Bank Participation in Digital Yuan Initiative
During a recent fintech conference held in Shenzhen, Christopher Hui, Hong Kong’s Secretary for Financial Services and the Treasury, emphasised the growing importance of the digital yuan and called for the active participation of “more Hong Kong banks” in this
Read MoreThree More Banks Join China’s Digital Yuan Initiative
The participation of foreign banks in China’s digital yuan initiative, known as the e-CNY, has expanded with the addition of three more banks, reports Cointelegraph. This development follows the earlier integration by Standard Chartered on 27 November (Monday), making a
Read MoreHang Seng Bank Partners Chubb to Offer Its Customers General Insurance Products
Hang Seng Bank, a principal member of the HSBC Group, has partnered with global insurer Chubb to provide its Hong Kong customers with a comprehensive range of personal and commercial general insurance products and solutions. The 15-year distribution agreement will
Read MoreHong Kong Banking Giant Hang Seng Bank Ramps Up Innovation Push With Cyberport Alliance
Local banking giant Hang Seng Bank is ramping up its innovation push, teaming up with digital tech park Cyberport to empower young and promising startups, gain exposure within the innovation company community, and support those looking to expand across the
Read MoreHang Seng’s Virtual Assistant H A R O is Now Available on WhatsApp
Hang Seng announced that its retail banking virtual assistant H A RO has just been made available on the instant messaging platform, WhatsApp. The bank’s customers will be able to message H A R O to get the most up-to-date
Read MoreHang Seng Bank To Enable Cardless Withdrawals at 600 ATMs in Hong Kong
Soon you’ll only need your mobile phone to withdraw from one of Hang Seng Bank’s 600 ATM machines in Hong Kong. Hang Seng will be launching its mobile cash withdrawal service powered by NFC and QR codes some time this
Read MorePing An’s New Project With HKMA is a Blockchain-Powered Trade Finance Platform
Ping An Insurance delivered Hong Kong’s first blockchain-based international trade finance platform, eTradeConnect. The platform was initiated by seven founding banks in Hong Kong and facilitated by the Hong Kong Monetary Authority (HKMA). Leveraging blockchain’s distributed ledger technology, financial institutions
Read MoreHong Kong Launch Fintech Career Accelerator Scheme
The Hong Kong Monetary Authority (HKMA) and the Applied Science and Technology Research Institute (ASTRI) jointly launched the Fintech Career Accelerator Scheme (FCAS) on December 16 to nurture talents to meet the growing needs of fintech in Hong Kong. FCAS is supported
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