Tag "Standard Chartered Bank"

Ping 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

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Open Banking Hong Kong — How Open is Open?

Following the rollout of Open Banking regulations in the UK and the launch this year of the EU’s Payment Services Directive 2 (PSD2), countries across the Asia-Pacific region are following suit to establish their own frameworks to enable banks to

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AlipayHK and GCash Launch Cross-Border Remittance Service on Blockchain

AlipayHK and GCash  announced the launch of a cross-border remittance service through their e-wallet platforms, powered by  blockchain technology developed by Alipay, the online payment platform operated by Ant Financial Services Group. Alibpay claims that this is the first blockchain-based

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The 8 Finalists for SuperCharger FinTech Accelerator 2.0

  As an indication of the rising FinTech trends in Asia, wealth management, regulatory technology (RegTech), artificial intelligence, cybersecurity and blockchain were the areas with the most compelling submissions for the 2017 SuperCharger FinTech Accelerator 2.0 programme, Hong Kong’s 12-week

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