Posts From Fintech News Hong Kong
Here’s How Okta Helped Singlife with Aviva Deliver a Seamless Login Experience
Singlife with Aviva was formed through the merger of Singlife and Aviva Singapore, bringing together one of the world’s oldest insurers with Singapore’s youngest homegrown financial services company. While the merger was officially completed in January 2022, it also presented
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Hong Kong Fintech Week 2022 Draws Millions of Views
Hong Kong FinTech Week (HKFW) 2022 concluded on November 4, wrapping up a landmark five-day event for Hong Kong fintech amid an eventful week for the city as it steps back on the world stage. The entire week attracted a
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HashKey Group Granted Full Licences to Operate Virtual Asset Trading Platform in Hong Kong
Hash Blockchain Limited (HBL) has received approval from the Securities and Futures Commission of Hong Kong (SFC) to operate a virtual asset trading platform in the territory. The HashKey Group member will operate under a Type 1 securities licence and
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3 Ways Machine Learning Can Enhance Your Lending Process
A vast majority of the populations in the emerging markets of Southeast Asia, Latin America, and India are at the cusp of financial inclusion, thanks to the growing availability and adoption of digital lending services. The fintech-as-a-service market is predicted
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BIS, Central Banks Complete Large Scale Cross-Border CBDC Pilot
Project mBridge, a collaboration between four central banks and the Bank for International Settlements (BIS) Innovation Hub Hong Kong Centre, has completed a successful pilot involving the use of central bank digital currencies (CBDCs) by commercial banks to conduct real-value
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Airwallex Supports Lithuanian Payment Processor to Send Money to 149 Countries
Lithuanian payment processor Paysera has partnered with payments infrastructure platform Airwallex to enable its clients to send money to 149 countries and open IBAN accounts of 9 countries. Paysera is a licensed e-money institution providing payment gateways, currency conversion, payment
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AlipayHK Launches BNPL Payment Option With Ant Bank PayLater
Ant Bank and AlipayHK have announced the launch of Ant Bank PayLater on AlipayHK’s e-wallet ahead of the Double 11 and Christmas shopping sprees. The buy now pay later (BNPL) service, which is currently in its trial period, allows approved
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Hyphen Group Raises US$20M Funding Round Led by PCCW
The Hyphen Group, formerly known as CompareAsiaGroup, announced that it has closed a new US$20 million investment round led by technology company PCCW. While further details were not disclosed, a PCCW filing with the Hong Kong Stock Exchange suggests that
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92% of Hong Kong and Singapore’s Rich Elites Are Interested in Digital Assets
Family offices and high-net worth individuals (HNWIs) in Hong Kong and Singapore are embracing digital assets, attracted by the prospect of high returns, the opportunity to broaden their portfolios, and increased confidence in the market following the entrance of institutional
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Five Takeaways Banks Need to Consider for Their Trade Finance Platforms
Asia Pacific accounts for 55% of the global trade finance’s volume. As the region’s trade grows, so does the financing gap. The high cost-to-serve, perceived risks, legacy systems and processes has left US$700 billion worth of unmet demand in emerging
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