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How KPay Tackles the Financial Management Headaches of Hong Kong’s SMEs

In Hong Kong’s dynamic economy, small and medium-sized enterprises (SMEs) play a pivotal role, serving as the backbone of growth and innovation. However, amidst their significant contributions, SMEs often find themselves grappling with the complexities of financial management. The traditional

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WeLab Targets US$100 Million in Net Profit with New Strategic Initiatives

WeLab, a pan-Asian fintech platform, has announced strategic actions to accelerate growth, scale, and profitability in Hong Kong and Southeast Asia. These initiatives aim to fortify a robust foundation for WeLab’s continued expansion. In Hong Kong, WeLab has completed a

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Ping An Upgrades “Family Doctor” Brand for Comprehensive Health and Disease Management

Ping An Insurance recently announced the upgrade of its “Ping An Family Doctor” brand. The upgraded service features a one-stop, proactive health management system focused on “proactive health management, chronic disease control, and full disease management.” “As a world-leading financial

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Hong Kong’s ECIC Introduces Trade Credit Insurance for Cross-Border E-Commerce

The Hong Kong Export Credit Insurance Corporation (ECIC) has announced the launch of its first trade credit insurance cover based on SCOR Smart Credit, an alternative data underwriting tool developed by SCOR Reinsurance Co. (Asia) Ltd. (SCOR). This new product

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Tencent Participates in Project mBridge to Enhance Cross-Border Payment Efficiency

Internet and technology company Tencent is actively participating in the validation of cross-border payment use cases as Project mBridge reaches its Minimum Viable Product (MVP) stage. This initiative aims to enhance the quality of cross-border clearing and settlement services. Building

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Open Banking Success in South Korea Could Be A Blueprint for The Rest of Asia

Open banking in South Korea is a clear leader among many of its Asian peers. It has successfully implemented a variety of initiatives linked to open banking, open finance, and open data policy initiatives, with significant contributions from the government

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Cyberport Launches University Partnership Programme 2024 with Focus on Web3.0

The Cyberport University Partnership Programme (CUPP) 2024, organised by Cyberport Academy and Web3Hub@Cyberport, was officially launched on 15 June. In response to the Hong Kong SAR Government’s allocation of HK$50,000,000 to foster the growth of the Web3.0 ecosystem, this year’s

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AXA and HK Express Airways Partner to Enhance Travel Insurance Solutions

AXA Hong Kong and Macau (AXA) and HK Express Airways (HK Express) have entered an exclusive insurance partnership, offering tailored travel insurance solutions to HK Express customers. HK Express customers can now easily access “HK Express Travel Insurance” via a

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Tiger Brokers Receives SFC Approval to Extend Crypto Services to Retail Investors

Tiger Brokers (HK) has announced that it has received approval from the Securities and Futures Commission of Hong Kong (SFC) to upgrade its license. This will allow it to extend crypto trading services to retail investors in Hong Kong, following

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Ant Group Expands Digital Inclusion, Serving Over 87 Million SMEs in 2023

Ant Group announced the release of its 2023 Sustainability Report, highlighting substantial progress since the launch of its ESG strategy in 2022. The report details advancements in four core pillars: Technological Innovation, Digital Inclusion, Green and Low-Carbon Development, and Open

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