Posts From Fintech News Hong Kong
Trip.com Taps UnionPay to Expand Payment Options for Global Travelers
UnionPay International has recently partnered with online travel agency Trip.com to provide more payment options for travelers. Under this partnership, Trip.com’s global sites will now accept UnionPay for all major transaction currencies, including but not limited to Hong Kong SAR,
Read MoreHKEX Appoints Bonnie Chan as New Chief Executive, Aguzin to Retire in May 2024
The Hong Kong Exchanges and Clearing Limited (HKEX) announced the upcoming retirement of Alejandro Nicolas Aguzin, the current Chief Executive of the organisation. Aguzin has informed the Board of Directors that he will not seek reappointment when his current contract
Read MoreDubai Insurance Invests in OneDegree for Digital Asset Insurance Partnership
Hong Kong’s insurtech OneDegree has secured an investment from the Dubai Insurance Company for its Series B funding round as part of a partnership to offer digital asset insurance in the United Arab Emirates (UAE). The sum was not disclosed.
Read MoreA Buyer’s Guide to Keyboards for Businesses
As more businesses are becoming digital, keyboards are essential tools in the workforce. This means businesses must take the time to find a suitable keyboard for their workers. In this guide, we take a look at the many different types
Read MoreFinance Firms Gear up for Transformative Impact of AI on Hong Kong’s Work Landscape
The impact of artificial intelligence (AI) is well recognized in the financial sector with industry professionals showing concerns about job displacement. However, the industry is taking proactive measures to address the transformative impact of AI on work, including enhancing technical
Read MoreJCB and GLN Enable Korean Code Payments at Smart Code Merchants in Japan
Japanese international payments firm JCB has partnered with GLN to integrate Korean code payment services into Smart Code merchant locations across Japan by the end of the fiscal year 2023. This integration will enable Korean tourists using services such as
Read MoreBank of China (Hong Kong) Completes First 24 Million Yuan e-CNY Transaction
Bank of China (Hong Kong) (BOCHK) completed an inaugural cross-border transaction using the electronic Chinese Yuan (e-CNY) for a bulk commodity purchase valued at 24 million yuan (approximately HK$26.16 million). The transaction was a joint effort with the Bank of
Read MorePetronas FutureTech Spearheads Startup Advancement in Energy and Beyond
The accelerated energy transition amidst pressing climate concerns has compelled industry players to contribute actionable solutions in driving positive change and sustainable development. Rising up to the challenge, Petronas, a global energy corporation, has significantly expanded its scope beyond traditional
Read MoreChina to Introduce Blockchain-Based Identity Verification
China is advancing its use of blockchain technology for identity verification, targeting its vast population of 1.4 billion, according to an announcement at a Beijing conference held yesterday. The initiative, known as the Real-Name DID (RealDID) service, is a joint
Read MoreJCB, IDEMIA, and Soft Space Advance to Phase 2 in Offline Digital Currency Project
Japanese international payments firm JCB along with French identity technologies company IDEMIA and Malaysian fintech Soft Space will be embarking on the second phase of their “JCB Digital Currency” (JCBDC) pilot project in early 2024. This initiative aims to experiment
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