Posts From Fintech News Hong Kong
Livi Bank First in Hong Kong to Roll Out Mastercard’s Tokenised Payments
Hong Kong virtual bank livi announced an expansion of its collaboration with Mastercard as it became the first bank in Hong Kong to launch Mastercard Token Connect. This is a payment innovation that integrates tokenisation technology with livi’s debit card
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Cyberport Granted HK$6.1 Million for Fintech Scheme, Now Open for New Applications
Hong Kong digital tech park Cyberport has announced that the application stage for the first phase of its Fintech Proof-of-Concept Subsidy Scheme has closed and received over 80 applications. The scheme was commissioned by the Financial Services and the Treasury
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WeLab Bank Now Supports Apple Pay for Safe and Secure Transactions
WeLab Bank, a homegrown virtual bank authorised by the Hong Kong Monetary Authority, has integrated the use of Apple Pay into its platform. Apple Pay is a safe, secure and private way to pay that helps customers avoid handing their
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Hong Kong Banking Giant Hang Seng Bank Ramps Up Innovation Push With Cyberport Alliance
Local banking giant Hang Seng Bank is ramping up its innovation push, teaming up with digital tech park Cyberport to empower young and promising startups, gain exposure within the innovation company community, and support those looking to expand across the
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Singapore’s GIC Invests US$ 70 Million in Digital Asset Firm BC Group
BC Technology Group, a digital asset and fintech company as well as the parent company of OSL, secured an investment of US$ 70 million (HKD 543.19 million) from GIC, a Singaporean sovereign wealth fund. The company intends to develop and enhance
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ZA’s New Wealthtech Offering Democratises Retail Access to IPOs
ZA International has announced the launch of a new integrated financial brand ZA One which offers the IPOGo service, enabling users to capture investment opportunities in initial public offerings (IPOs). IPOGo focuses on capturing the growth of IPOs of Hong
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Here Are the 5 Strategies Outlined in HKMA’s Fintech 2025 Plan
The Hong Kong Monetary Authority (HKMA) has unveiled “Fintech 2025”, its new strategy for driving fintech development in Hong Kong which includes further testing of Central Bank Digital Currencies (CBDCs). According to a statement by HKMA, the new fintech strategy
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WeBank Ties up With Singaporean University to Nurture Blockchain Innovation
WeBank, a digital-only bank in China, announced its summer enrichment programme on FISCO BCOS Blockchain Experience at the Singapore Management University (SMU). FISCO BCOS is a secure, reliable, easy-to-use, and high-performance financial-grade blockchain platform, which was launched by FISCO open-source
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HK’s BC Group Partners StanChart to Launch Crypto Platform for Institutional Clients
SC Ventures, the innovation and ventures unit of Standard Chartered, announced a partnership with BC Technology Group, the parent company of Hong Kong’s licensed digital asset platform OSL. The joint venture (JV) was formed to establish a digital asset brokerage and
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Hong Kong Releases Consultation Conclusions for Virtual Asset Exchange Licensing Regime
Hong Kong’s Financial Services and the Treasury Bureau (FSTB) has released a paper outlining the conclusions to its consultation on a proposed licensing regime for virtual asset exchanges. The Hong Kong government is proposing legislative changes to enhance anti-money laundering
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