Fintech News Hong Kong
Hong Kong bank depositors will now have increased protection for their deposits as the first phase of enhancements to the Deposit Protection Scheme (DPS) takes effect. The changes, effective from 1 October, raise the protection…
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View MoreAsia Pacific's regulators have been experimenting with digital banking licenses in the past decade, paving the way for a new breed of banks...
WatchHong Kong bank depositors will now have increased protection for their deposits as the first phase of enhancements…
OneDegree Group announced it achieved profitability for the first time in the third quarter of 2024, driven by…
Financial institutions around the world are facing a surge in fraud and cyberattacks. A new report by LexisNexis…
Rakuten Group announced that its credit card subsidiary, Rakuten Card, and Mizuho Financial Group are in discussions to…
The Hong Kong Monetary Authority (HKMA) published the conclusions of its public consultation on a proposal to allow…
The Hong Kong Monetary Authority (HKMA) and the Securities and Futures Commission (SFC) have released a conclusions paper…
The South Korean Personal Information Protection Commission has fined Worldcoin Foundation and Tools for Humanity Corporation (TFH). The…
HSBC is set to introduce a HK$5 billion (US$641 million) financing plan, offering pre-approved loans to SMEs in…
ZA Bank, a virtual bank in Hong Kong, has introduced a new ‘Foreign Exchange Time Deposit’ option, allowing…
Three Japanese megabanks are involved in a cross-border payments initiative that aims to use stablecoins and SWIFT’s application…
Qupital, a Hong Kong-based fintech firm specialising in supply chain financing for e-commerce, has secured funding from Lending…
The Hong Kong Monetary Authority (HKMA) today announced the commencement of Phase 2 of the e-HKD Pilot Programme.…
The Hong Kong Monetary Authority (HKMA) and digital technology hub Cyberport have opened applications for its Generative Artificial…
Global verification provider Sumsub has announced a new integration to help its crypto and fintech clients meet compliance…
ZA Bank, a virtual bank in Hong Kong, plans to launch a “next-gen-ready” wealth product as part of…
Hong Kong is set to unveil its inaugural policy statement on the use of artificial intelligence (AI) within…
The Hong Kong Monetary Authority (HKMA) and the Dubai Financial Services Authority (DFSA) have signed a MoU to…
OneDegree Group has unveiled MAMORI, a Web 3.0 risk intelligence platform powered by artificial intelligence (AI). MAMORI aims…
The Hong Kong Monetary Authority (HKMA) is taking steps to support the use of artificial intelligence (AI) in…
Recognizing the need to promote innovation and boost competition in the financial services industry, Taiwan’s financial regulators have…
The newly formed joint taskforce on SME Lending held its first meeting, focusing on addressing common issues faced…
Alibaba Group Holding is introducing Tencent’s WeChat Pay as a payment option on its Taobao and Tmall platforms,…
OSL, a licensed digital asset platform and subsidiary of OSL Group, has named Jack Tan, also known as…
North Korea is escalating its cyberattacks on the crypto industry, employing sophisticated social engineering tactics to deceive employees…
ZA Bank has become the first of Hong Kong’s eight virtual banks to achieve monthly profitability, nearly four…
The Hong Kong Securities and Futures Commission (SFC) has accepted a virtual asset license application from Hong Kong…
The Hong Kong Monetary Authority (HKMA) has imposed a HK$875,000 fine on WeChat Pay Hong Kong for failing…
The Hong Kong Monetary Authority (HKMA) has officially launched the Project Ensemble Sandbox to advance tokenisation within the…
Hong Kong Exchanges and Clearing Limited (HKEX) announced the appointment of Johnson Chui as Managing Director, Head of…
KakaoPay Insurance, a digital non-life insurance provider in South Korea, has seen more than 1.5 million users sign…
The linkage between the Hong Kong Monetary Authority’s (HKMA) Commercial Data Interchange (CDI) and the Hong Kong Government’s…
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