Search Results for "airstar"

Virtual Bank Airstar Names Ronald Iu as Its New Chief Executive

Airstar Bank, one of Hong Kong’s new virtual banks, announced the appointment of Ronald Iu as the new Chief Executive, succeeding Dr. Frederic Lau. Airstar Bank has also appointed Dr. Frederic Lau as an advisor of the bank and he

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Virtual Bank Airstar Fully Launches in Hong Kong with Up To 3.6% P.A Interest Rates

Airstar Bank today announced the official launch of its virtual banking services to the public which encompass savings account, time deposit and personal loan products. In March, Airstar Bank which is jointly operated by AMTD Group and Xiaomi launched their

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Xiaomi and AMTD’s Airstar Bank Launches Pilot Trial of Virtual Banking Service

Airstar one of Hong Kong’s new virtual banks, today announced the launch of a pilot trial which is conducted within the Fintech Supervisory Sandbox (“FSS”) of the Hong Kong Monetary Authority (“HKMA”). The pilot trial will offer virtual banking services

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Redefining Finance for Good: HK’s Chong Hing Bank Sees Digital Shift for Older Customers

Around the world, the COVID-19 crisis has forced banks and their customers to turn to digital tools and processes to compensate for branch and office closures. Many industry participants believe that the digital acceleration taking place today will have a

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What is the Game Plan for Hong Kong’s Virtual Banks?

In Hong Kong, virtual banking is bringing in new opportunities to serve the financially underserved, a segment new entrants including WeLab Bank, Airstar Bank and Mox by Standard Chartered, are actively pursuing. Despite being a leading financial center, Hong Kong’s

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Hong Kong Virtual Banking Webinar

When Hong Kong issued 8 virtual banking licenses the stage was set and a ripple effect was created sending many of the regulators from Asia scurrying to draft their own regulatory framework. This is especially true in the South East

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Hong Kong’s Eight Virtual Banks: The Progress So Far

The Hong Kong Monetary Authority (HKMA) granted eight virtual banking licenses in the first half of 2019, and at the time, the regulator and the operators expected services to commence within the next six to nine months. Now more than

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Livi Bank Joins the Virtual Banking Race in Hong Kong

Livi Bank announced the launch of its virtual banking services, making it the fourth virtual bank open to public in Hong Kong. Livi was among the eight entities that were awarded the virtual banking license by the Hong Kong Monetary

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Nielsen: 82% of Customers Won’t Consider Loan Offerings from Virtual Banks

A study by Nielsen has found that consumers are quite wary of personal loan services despite being regarded as one of the popular market entry products for virtual banks. According to its Personal Finance Monitor that analyses customer’s perspective towards

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Fintech Fireside Asia Ep #1: A Look Behind AMTD’s Regional Ambitions

This is the first episode of Fintech Fireside Asia where we sit down for a chat with the top fintech personalities around Asia. For this episode, we’re joined by Calvin Choi, Chairman AMTD Group. The name AMTD is plastered across

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