Posts From Fintech News Hong Kong
ZA Makes Moves in Digital Asset Market by Signing Deal With Crypto Firm BC Group
ZA International announced that it has entered into a mutual collaboration agreement with BC Technology Group, the parent company of OSL Digital Securities which is a Securities and Futures Commission (SFC)-licensed digital asset platform. The collaboration will see OSL become
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Experts Warn of Increased Cyber Risks in The Insurance Sector
The COVID-19 pandemic has sped up digital transformation and accelerated the shift to digital channels, introducing new cyber risks which insurance companies need to manage and mitigate, insurers and cybersecurity experts said during a virtual panel discussion. Simon Chandran, Financial
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Kakao Pay Seeks to Raise US$1.4 Billion in Upcoming IPO
Kakao Pay, a fintech subsidiary of Kakao which is the South Korean firm that runs the KakaoTalk messenger app, announced that it has kicked off its initial public offering (IPO) filing, planning to raise up to 1.632 trillion won (US$1.4
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Using Payment Data to Increase E-Commerce Revenue
If extracted effectively and used properly, payment data hold immense value, allowing businesses to make smarter decisions to optimize authorization rates and increase revenue, according to a whitepaper by payment fintech Checkout.com. The paper, titled Optimizing authorization rates with access
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Digital Asset Custodian Hex Trust Raises Undisclosed Sum From Cyberport
Hong Kong-based digital asset custody service provider Hex Trust announced it has successfully secured investment from Cyberport, a local fintech hub and digital community. The sum was not disclosed. The investment enables Hex Trust to scale operations, hire key talents
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Xiaomi’s Co Founder Steps Down as Chairman at Airstar Bank
Hong Hong virtual bank Airstar Bank announced the appointment of Xiaomi’s Chief Financial Officer Alain Lam Sai Wai as its new Chairman of the Board of Directors. The previous chairman Lei Jun, the Chinese billionaire entrepreneur who founded Xiaomi, has
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Mox Card Now Allows Users to Flip Between Debit and Credit Spending
Hong Kong virtual bank Mox and Mastercard announced a smart new feature called “Flip” on the all-in-one numberless Mox Card which enables customers to flip freely between spending on their debit and credit accounts. The virtual bank had previously rolled
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InvestHK’s Global Fast Track 2021 Programme Is Now Open for Applications
Invest Hong Kong (InvestHK) announced that the Global Fast Track 2021 programme is now open for applications from fintech scale-ups and established firms intending to scale from Hong Kong to the GBA area, Asia and beyond. Selected companies will earn
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Mox Appoints Former StanChart Exec as Chief Product Officer
One of Hong Kong’s eight virtual banks Mox announced the appointment of Jayant Bhatia as its new Chief Product Officer effective on 1st July 2021 onwards. As Mox’s Chief Product Officer, Jayant will lead and develop the product strategy and
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Top 10 Upcoming Fintech Webinars in Hong Kong
The COVID-19 health crisis temporarily halted in-person industry events and conferences, and gave the virtual events industry a hefty boost. Though physical restrictions are being lifted in all parts of the world, virtual events and webinars continue to see strong
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