Fintech News Hong Kong
WeLab Bank Appoints Tat Lee as New Chief Executive
WeLab Bank, a virtual bank licensed by Hong Kong Monetary Authority, announces that Tat Lee has been appointed as the
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Cyberport & R3 Identify Potential Blockchain Projects in Block adVenture
Hong Kong digital tech park Cyberport has partnered with R3, a distributed ledger and blockchain software development company, for its
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ZA Offers Free Post-Vaccination Protection for Hong Kong Customers
ZA International, digital insurer founded by ZhongAn Online, announced the launch of its “Free Post-Vaccination Protection” as a part of
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Crypto.com Ties up With Booking.com to Offer Travel Discounts
Hong Kong-based cryptocurrency platform Crypto.com has announced a partnership with Booking.com to deliver travel deals to all its users within
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Huawei and IDC’s Banking Resilience Index Uncovers How FIs Responded to COVID-19
A new whitepaper by Huawei and the International Data Corporation (IDC) looks at how banks around the world have responded
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Prudential: Digital Health Technology Adoption on the Rise
Prudential released The Pulse of Asia – The Health of Asia Barometer, a report written by The Economist Intelligence Unit
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FWD Hong Kong Leverages HKMA’s Faster Payments System for Instant Claims Service
FWD Hong Kong has launched its instant claims service through its eServices app. The solution allows FWD customers to receive
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Ant Group Ordered to Revamp Its Business As Beijing Pursues Crackdown on Tech Giants
On December 26, 2020, four Chinese financial regulators, including the central bank, summoned Ant Group for regulatory talks, ordering the
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Neat Issues Visa Cards for Hong Kong SMEs
Neat, a Hong Kong based fintech company offering modern financial solutions to SMEs and startups, has become a member of
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EMQ Expands Cross Border Payments Service to South Korea
EMQ, a Hong Kong-based financial settlement network, announced that it has expanded its operations into the South Korean market, offering
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Tencent’s Fusion Bank Signs on More Than 10,000 Customers Within 2 Weeks of Launch
Within 2 weeks of the public launch of Fusion Bank, the last of the eight virtual banks licensed by the
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Financial Institutions Turn to Huawei’s Converged Data Lake Solution to Accelerate Banking Innovation
Like many other areas of the economy, the financial services sector is undergoing a data revolution. Every day, the global
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HKMA Highlights 4 Regtech Uses Cases During COVID-19 Pandemic
As the COVID-19 pandemic continues to profoundly disrupt the financial services landscape, technology holds to key to overcoming the
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All You Have to Know About the Asian Financial Forum 2021
The Asian Financial Forum, Asia’s premier thought leadership platform for financial and business leaders, investors, technology pioneers and entrepreneurs, will
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The Last Virtual Bank in Hong Kong Launched
Fusion Bank, Hong Kong’s virtual bank jointly owned by Tencent, Hong Kong Exchanges and Clearing, Hillhouse Capital and Perfect Ridge,
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Crypto.com Picks AWS as Its Cloud Provider
Hong Kong-based cryptocurrency platform Crypto.com announced that it has selected Amazon Web Services (AWS) as its preferred cloud provider. Running
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Year End Message to Our Readers – Offline from 24th December to the 3rd January
Fintech News Hong Kong would like to take this opportunity to wish all our readers a Merry Christmas and a
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ZA Tech Forms Insurtech Joint Venture With Indonesian E-Wallet OVO
ZA Tech, the technology venture founded by insurance company ZhongAn Online and backed by Softbank’s Vision Fund, announced that it
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6 Developments That Shaped Hong Kong’s Fintech Industry in 2020
Hong Kong’s fintech industry continued to grow in 2020, on the back of rising adoption by incumbents and a rapidly
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OSL Receives Green Light From Hong Kong Regulator for Crypto Trading Platform
OSL, a digital asset platform and member of BC Technology Group, has received the license from Hong Kong’s Securities and
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MUFG Bank Ropes in Velotrade to Automate Its Trade Invoice Processing
Velotrade, a digital trade finance marketplace, announced that its trade finance platform has been selected by MUFG Bank to manage
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Visa Partners 500 Startups to Launch Accelerator Programme
Visa has announced an accelerator programme for startups across Asia Pacific that are looking to expand their businesses into new
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Global Ecosystem for Digital Transformation in the Financial Sector
COVID-19 has speeded up digital transformation by several years. According to a new McKinsey Global Survey of executives, companies across
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Banking Software Provider Finantix Makes a Series of Senior Appointments in APAC
Finantix, a provider of digital enabling software for the banking, wealth management and insurance sectors, has announced a series of
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HKEX to Build New Settlement Acceleration Platform Using Smart Contracts
Hong Kong Exchanges and Clearing Limited (HKEX) is set to introduce HKEX Synapse, a new settlement acceleration platform for its
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Citi’s Accelerator Ropes in Fintech Startups for Digital Economy Solutions
Citi hosted a virtual three-day Mega FinTech Accelerator featuring teams from 12 fintech firms who presented solutions for the digital
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ICBC (Macau) Picks Huawei All-Flash Storage to Support Online Banking Boom
Since the outbreak of COVID-19, contactless payments have soared and digital banking adoption has increased dramatically. In Q1 2020, MasterCard
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China’s 10 Most Valuable Fintech Companies
China’s ten most valuable fintech companies are worth a combined of nearly US$500 billion, according to a new report by
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Hong Kong Fintech Hub Cyberport Doubles Down on Blockchain Commitment
Hong Kong leading digital tech park Cyberport is doubling down on blockchain commitment, multiplying initiatives to support promising startups and
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Hong Kong Fintech Week 2020 Closes on a High Note With 1.2 Million Viewers
The Hong Kong FinTech Week 2020 came to a close last Friday on the 6th November with reportedly 1.2 million
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An Overview of Digital Wallets in Hong Kong in 2020
Hong Kong has been pushing for greater development and adoption of digital and mobile payments with the Hong Kong Monetary
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Fintech Top Articles
Meet Hong Kong’s 8 New Virtual Banks
UPDATE: Four of Hong Kong virtual banks have since launched, check out our latest article to find out the progress
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Crowdfunding Fails To Take Off In Hong Kong
In recent years, crowdfunding has emerged as a popular way for individuals, startups and businesses to raise funding from a
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Citi Launches Live Chat to Service Hong Kong’s 1 Million Millionaires
Citi Hong Kong has launched Citi Live Chat, which enables the bank’s relationship managers to interact with their Citigold Private
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Robo-Advisor AQUMON, a HKUST Incubatee Receives yet Another Round of Funding
Designed by Magnum Research, Aqumon is a robo advisory service aimed at making wealth management more accessible to the Hong
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How Does Hong Kong’s Digital Lending Scene Compare to The Disaster in China
P2P lending and digital lending has been on the rise lately, with many countries moving to regulate the space. Conventional
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Ant Financial to Share Full Suite of AI Capabilities with Asset Management Companies
At Financial announced that the Company will share a full suite of AI capabilities with asset management companies in China
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Fintech in Hong Kong 2017 Startup and Ecosystem Report and Infographic
With over a hundred fintech ventures and more than 35 investors and accelerator programs, Hong Kong’s fintech ecosystem is growing
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Local Fintech Startup to Fuel Global Ambition with US$1.6 Million from Vectr Ventures
gini, a Hong Kong-based smart spending-tracker announced that it has completed its seed round with a $1.6 million investment from
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Fintech Map Japan
Japan has the world’s third-largest economy and has always been associated with the high technological developments. As the country looks
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A Look at Line and Nomura’s Zero-Commission Online Brokerage in Japan
Line Securities Corporation, a joint venture between Asian financial services group Nomura Holdings and Line Financial Corporation, the financial services
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Wolters Kluwer Bags ZA Bank as a Customer for Its Regtech Solutions
ZA Bank, the first virtual bank in Hong Kong, has chosen Wolters Kluwer’s OneSumX for Regulatory Reporting as its regulatory
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Sofi Invest Enters HK With Its Commission Free-Trading Through Acquisition of 8 Securities
SoFi, the digital personal finance company, announced today an expansion into its first international market, with the introduction of SoFi
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Neat Snubs Virtual Banking License and Picks Up The Money Lender License Instead
The fintech startup Neat, a digital banking alternative, has been granted a Money Lender’s License in Hong Kong, which marks
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Top 50 Digital Only Banks Ranking 2017
The Financial IT magazine unveiled the Digital Only Bank Ranking in their latest special magazine for Sibos & Money 20/20. They
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Top 12 Fintech Startups in Hong Kong
Hong Kong’s long-established financial center, burgeoning startup scene and developed business center connecting Mainland China with global markets, have made
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