Posts From Fintech News Hong Kong
OneDegree Rolls Out LGBTQ+ Family-Friendly Home Insurance Product
Hong Kong’s digital insurer OneDegree announced expands its product offerings with the official launch of the “OneDegree Home Insurance”. This latest addition follows the launch of its diverse range of products which include pet, fire coverage and critical illness offerings.
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Wisecard Ties up With Zwipe to Offer Biometric Payment Cards
Wisecard Technology, a Chinese solution provider for smart card issuance and innovative payment platforms, has partnered with Zwipe to bring biometric payment cards to consumers in the Asia Pacific (APAC) region. Through this partnership, Wisecard will deliver pre-built personalisation scripts
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Hong Kong’s Talent Development Programme FAST Sustains the Fintech Industry
Despite the heavy blow it has dealt the global economy over the past two years, the pandemic has accelerated digital transformation across multiple sectors. This has led to a spike in demand for talent in the fintech sector. While talent
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livi Launches Futuristic Rabbit-Themed NFT “Mochi” to Mark Its 2-Year Anniversary
Hong Kong’s virtual bank livi is marking its second anniversary with the launch of NFT artwork collectibles “Mochi” that will be its new icon. According to livi, Mochi has “travelled from the future to 2022 to scout for like-minded individuals
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SFC Cautions Hong Kongers Looking To Invest in NFTs
The Securities and Futures Commission (SFC) of Hong Kong cautions investors of the risks associated with investing in non-fungible tokens (NFTs), which have increased in popularity in recent years. According to a statement by the SFC, NFTs are exposed to
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8 Financial Processes Poised for Digital Transformation
COVID-19 accelerated trends toward remote banking and digitalisation, forcing financial institutions to embrace new technologies and processes to keep their businesses functional despite social distancing restrictions. Now, with more and more people relying on digital solutions for interactions and transactions,
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Babel Finance Now Valued at US$2 Billion With US$80 Million Fundraise
Babel Finance, a Hong Kong-based wholesale crypto financial services provider, announced that it has raised a US$80 million Series B financing round at a valuation of US$2 billion. The main investors in this round include Jeneration Capital and 10T Holdings,
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Quantifeed Secures Series C Fundraise Led by HSBC Asset Management
Quantifeed, a digital wealth management solutions provider for financial institutions, announces its Series C funding round led by HSBC Asset Management’s (HSBC AM’s) alternative investments business, HSBC Alternatives. The size of the funds raised were not disclosed. HSBC AM is
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TransUnion Picks Provenir to Leverage Its AI-Powered Risk Decisioning Platform
Provenir, an AI-powered risk decisioning software provider, announced it has been selected to join TransUnion’s Strategic Alliance Distribution Programme. Through this alliance, TransUnion’s clients will be able to take advantage of Provenir’s platform to gain deeper insights for greater decisioning
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Banks Need to Avoid Risks of a Big Bang Transition When They Digitise
The latest research by the International Data Corporation (IDC) and Thought Machine, a cloud native core banking technology firm, revealed that 40% of banks in the Asia Pacific will make significant changes to their current core banking systems in the
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