Posts From Fintech News Hong Kong

ZA-Backed Startup Bloom Partners With Visa to Create a Cashback App

Bloom, a Hong Kong-based technology startup backed by ZA International, announced a collaboration with Visa to create a cashback app. The technical support for Bloom is provided by Visa’s back-end system for processing card transactions. Bloom can distribute instant rebates

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PBOC’s Fintech Institute Taps Contour’s Blockchain Platform for Trade Digitisation

Singapore based digital trade finance network Contour has partnered with the Shenzhen Fintech Institute, a subsidiary of The People’s Bank of China (PBOC) to look at opportunities to boost China’s trade ecosystem and further the adoption of trade digitisation across

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Crypto Exchange Coinbase Plans to Roll Out NFT Marketplace

Cryptocurrency exchange Coinbase announced the launch of “Coinbase NFT”, a peer-to-peer marketplace for the minting, purchasing, showcasing, and discovering non-fungible tokens (NFTs). The crypto exchange said that it wanted to make NFTs more accessible by building user-friendly interfaces that put

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Next Gen Finance Professionals Need to Embrace Major Upskilling to Keep Pace

Refinitiv’s new report “Workspace Without Limits” explores the data challenges financial professionals are facing, and the role that technology, interoperability and programming skills play in solving for some of these challenges; enhancing productivity, and helping firms differentiate against the competition.

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Hong Kong Consumer Credit Market Improves Amid Rising Consumption, Economic Rebound

Hong Kong’s consumer credit market improved in Q2 2021 as the local economy continued to rebound from the impact of COVID-19 and private consumption increased 6.5% year-on-year (YoY) increase, according to TransUnion’s Q2 2021 Industry Insights Report. In Q2 2021,

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Hong Kong 2025 Fintech Strategy Outlines Plans for a Fintech-Savvy Workforce

Hong Kong boasts of a thriving fintech scene with a dynamic environment that can help fintech start-ups to scale up and expand. Hong Kong has also been recognised by KPMG as one of the leading technology hubs outside Silicon Valley.

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Hong Kong’s Digital Asset Custodian Hex Trust Raises US$10 Million

Hong Kong-based digital asset custody service provider Hex Trust has raised US$10 million in an investment round led by Animoca Brands. Animoca Brands, which integrates entertainment and gamification with blockchain technology, will serve as a strategic partner to Hex Trust

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How the Hong Kong Commercial Data Interchange Will Benefit SMEs

Recently the Hong Kong Monetary Authority laid out its new plan to boost the development of Hong Kong’s fintech sector, dubbed Fintech 2025 one of the key areas included creating a next-generation data infrastructure, the Commercial Data Exchange. The new

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Hong Kong Takes it First Step in Retail Central Bank Digital Currencies with e-HKD

The Hong Kong Monetary Authority (HKMA) has released a technical whitepaper on retail central bank digital currency (CBDC), titled “e-HKD: A technical perspective”. Building on the experience in wholesale CBDCs, in June 2021, the HKMA has started a study on

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Top 10 Reasons to Attend Hong Kong Fintech Week 2021

In its sixth edition, Hong Kong Fintech Week will completely reinvent your previous event experience by combining a physical conference in Hong Kong Convention and Exhibition Centre with digital access from anywhere in the world. With only a few weeks

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