Posts From Fintech News Hong Kong
Navigating the Challenges and Opportunities of Cross-Border Payments in APAC
In recent years, the payments industry has undergone a paradigm shift, altering the way consumers and businesses interact financially. According to a McKinsey report, the global payments sector is approaching a staggering revenue opportunity of nearly US$2 trillion. In the
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Airwallex Launches New Campaign to Help Hong Kong Startups Go Global
Cross border payments firm Airwallex has announced the launch of a new business readiness campaign for Hong Kong startups. The campaign, called “Airwallex for Startups”, aims to support the growth ambitions of Hong Kong’s early-stage businesses by providing them with
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HKEX Opens New London Office to Expand Global Reach
The Hong Kong Exchanges and Clearing Limited (HKEX) has officially opened its new office in London, further extending its existing international reach with offices in New York, Beijing, Shanghai and Singapore. The new office will provide on-the-ground support to customers
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SEBA Hong Kong Gets In-Principle Nod for Crypto Services
Crypto bank SEBA announced that its Hong Kong subsidiary has secured the in-principle approval from the Securities and Futures Commission (SFC). The approval includes dealing in securities, such as virtual asset-related products, advising on securities and virtual assets, and conducting
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HashKey Exchange Has Gone Live With Crypto Trading Platform
HashKey Exchange, one of Hong Kong’s licensed retail virtual asset exchange, announced that it has officially gone live on 28 August (Monday). HashKey received the approval in February from the Securities and Futures Commission (SFC). The exchange offers USD/HKD fiat
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HKEX Makes Two Senior Appointments
The Hong Kong Exchanges and Clearing Limited (HKEX) has named John Hsu as Managing Director and Group CTO. He will succeed Richard Leung, who will become Group CIO. Hsu will join HKEX on September 29, 2023 and will report to
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S. Korea’s MOIN Partners Currencycloud to Enhance Cross-Border Payments
Currencycloud, a provider of B2B embedded cross-border solutions, and South Korean cross-border payment company MOIN join forces to make cross-border payments faster, cheaper, and more secure. MOIN aims to reduce the cost of remittances for its customers. By tapping Currencycloud’s
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Hong Kong’s Insurance Authority Reappoints Clement Cheung as CEO
Clement Cheung Wan-ching has been reappointed as the Chief Executive Officer (CEO) of the Insurance Authority (IA) for a three year term until August 2016. Established in December 2015, the IA is an independent insurance regulator that supervises insurance companies
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DBS Now Largest Foreign Bank in Taiwan After Finalising Citi Acquisition
DBS Bank has wrapped up it acquisition of Citi Consumer Taiwan, positioning itself as the largest foreign bank by assets in that market. The integration was finalised over the last weekend (12 and 13 August 2023). Following this acquisition, DBS
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Fintech Customer Support Philippines: More than Meets the Eye
The ever-evolving world of financial technology, or fintech, is a landscape of ceaseless innovation and competition. It’s an ecosystem where the ability to adapt, reinvent, and deliver at the highest level sets successful enterprises apart. Recognizing the unique challenges of
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