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Bank & FinTech Collaboration Models – How Big Banks Plan Fight the Big Tech Challenge

Sometime around the tail-end of 2010 the banks started realising that something called a FinTech could be a threat to their business. This is a time when some senior executives in the bigger banks were asking the digital leaders if

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Asia Pacific Ahead of Europe in Customer Experience Tech Adoption

A deep focus on enhancing the customer experience has taken root in many emerging markets – most notably Asia Pacific, which is well ahead of its more developed market counterparts in Europe and North America in terms of adoption of

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Virtual Banks to Shake up Hong Kong Banking Landscape

Hong Kong is gearing up for the arrival of virtual banks, or financial institutions without physical branches. The Hong Kong Monetary Authority (HKMA) is set to issue the first batch of virtual bank licenses as early as this year. The

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8 Startups Selected for Accenture’s 2018 FinTech Innovation Lab Asia-Pacific

Eight fintech companies have been selected for the fifth annual FinTech Innovation Lab Asia-Pacific, a 12-week mentorship program created by Accenture in Hong Kong. The 2018 program received a record number of applications, from more than 160 companies, and comes at

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People, Process, Technology: The Winning Robotic Process Automation Formula

The business world is excited about automation. It’s creeping into every day life, slowly yet surely. There are vast amounts of content on what it can do for your business, how it will revolutionise the way we work. However, sometimes

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“Augmented Reality” Wins FinHack Hackathon in Hong Kong

Societe Generale and WHub successfully concluded their second FinTech hackathon ‘FinHACK 2018’ in Hong Kong on 8 July 2018. Over 150 university students, entrepreneurs, developers, designers, business analysts and startups from Hong Kong and other Asian countries registered to participate

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HKMA Launches Open API in Hong Kong, Leads by Opening Their Data

After a long deliberation and hearing from 41 different respondents, the Hong Kong Monetary Authority (HKMA) has just published the Open Application Programming Interface (API) Framework for Hong Kong’s banks. The API is one out of the seven initiatives announced

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Singapore’s Largest Co-Living Company Expands Into Hong Kong

Singapore based co-living company, Hmlet announced it signed an agreement to acquire Hong Kong co-living startup, we r urban. The deal marks Hmlet’s expansion into the Hong Kong market and is their first acquisition of a direct competitor. we r

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Top 16 Fintech Investors in Hong Kong and Mainland China

China’s Internet finance industry has boomed in recent years. The country leads the world when it comes to total users and market size, and fintech startups are mushrooming. China contributes to some of the world’s largest investments in the fintech

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Fintech in Hong Kong: 2018 Mid-Year Review

Hong Kong, an international finance hub, has set out to become a leader in fintech with the Hong Kong government and regulators actively supporting the growth of the industry. Today, the city hosts over 130 fintech startups, offers three fintech

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