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    InsurTech Virtual Banking

    ZA Bank Kicks off Its Insurtech Offering With New Pure Life Insurance Product

    By Fintech News Hong KongMay 6, 2021

    Hong Kong’s virtual bank ZA Bank has joined hands with ZA Insure, a fully digital insurer under the ZA brand,…

    China Payments

    Payoneer Ties up With eBay for E-Commerce Deal in China

    By Fintech News Hong KongMay 5, 2021

    Payoneer, the global payment and commerce-enabling platform, announced that it is collaborating with eBay to manage payouts for sellers in…

    Remittance

    Wise Enables Funds Transfer via Faster Payments System Using Mobile Numbers

    By Fintech News Hong KongMay 3, 2021

    Remittance firm Wise, formerly known as TransferWise, has rolled out the feature enabling Hong Kongers to receive funds from abroad…

    InsurTech

    Ping An Named the World’s Most Valuable Insurance Brand Fifth Year in a Row

    By Fintech News Hong KongMay 3, 2021

    Ping An Insurance was named the world’s most valuable insurance brand in the Insurance 2021 100 Ranking, a spot in…

    China Virtual Banking

    Ant Group’s Digital Bank Doubles Down on Financial Inclusion in Rural China

    By Fintech News Hong KongMay 3, 2021

    MYbank, an online private commercial bank in China and an associate of Ant Group with a focus on serving rural…

    Cloud Fintech Opinion Leader

    Building a Bank in 100 Days

    By Shweta JainMay 3, 2021

    COVID-19 has accelerated a trend which had already begun in many parts of APAC – the closure of branches. At…

    Virtual Banking

    ZA Bank Now Offers SME Loans up to HKD 18 Million

    By Fintech News Hong KongApril 30, 2021

    Hong Kong’s virtual bank ZA Bank is offering a financing guarantee facility of up to HKD 18 million called “ZME…

    Virtual Banking

    PAOB Hits Nearly Half a Billion Mark in Deposits Within 4 Months of Operations

    By Fintech News Hong KongApril 30, 2021

    Ping An OneConnect Bank (PAOB), one of Hong Kong’s eight virtual banks, has released its financial statement for the year…

    Virtual Banking Wealthtech

    Airstar Bank Now Offers Foreign Exchange Trading Services

    By Fintech News Hong KongApril 29, 2021

    Airstar Bank, a virtual bank that began full operation in June 2020, has introduced a new foreign exchange (FX) service…

    Blockchain/Bitcoin

    Asia Leads the Way with Central Bank Backed Digital Currencies (CBDCs)

    By Fintech News Hong KongApril 29, 2021

    Central banks in Asian countries including Cambodia, Thailand, Mainland China, Hong Kong and Singapore, have more advanced central bank digital…

    InsurTech

    Digital Insurer Blue First to Adopt Hong Kong’s iAM Smart Digital Identity Authentication

    By Fintech News Hong KongApril 28, 2021

    Hong Kong’s digital life insurer Blue has adopted the iAM Smart authentication method, providing a digital alternative for customers to…

    Various

    Accenture and Cyberport’s Joint Fintech Accelerator Now Accepts Applications

    By Fintech News Hong KongApril 23, 2021

    Accenture’s Fintech Innovation Lab Asia Pacific in collaboration with Hong Kong digital tech park Cyberport is now accepting applications for…

    Funding

    Insurtech Ignatica Closes $7 Million Pre-Series A Round

    By Fintech News Hong KongApril 21, 2021

    Ignatica, an insurance policy administration platform that offers digital self-service and intelligent automation solutions for insurers, announced that it has…

    Wealthtech

    AQUMON Develops Robo Advisory Platform for CMB Wing Lung Bank

    By Fintech News Hong KongApril 19, 2021

    AQUMON has developed a robo advisory platform called Wealth-Tech Services for the CMB Wing Lung Bank to provide the latter’s…

    Blockchain/Bitcoin InsurTech

    YAS Launches Microinsurance for NFTs

    By Fintech News Hong KongApril 16, 2021

    Hong Kong-based insurtech YAS announced the launch of of a NFT (Non-Fungible Token) microinsurance called NFTY, joining hands with Generali’s…

    Covid19 Security

    TransUnion Study Notes Uptick in Digital Fraud Attempts in Hong Kong

    By Fintech News Hong KongApril 16, 2021

    TransUnion’s latest quarterly analysis of global online fraud trends found that since the COVID-19 pandemic began, fraudsters in Hong Kong…

    Taiwan

    Taiwanese Fintech Sector Poised for Growth Amid Booming Startup Ecosystem

    By Fintech News Hong KongApril 16, 2021

    Taiwan’s booming startup ecosystem and recent fintech developments could be hinting at further growth in the local fintech sector. A…

    Digital Transformation

    APAC Consumers Turn to Social Media as Main Channel for Customer Support

    By Fintech News Hong KongApril 14, 2021

    In Asia Pacific (APAC), consumers are seeking customer support through social media platforms instead of making a call or sending…

    Blockchain/Bitcoin Funding

    ConsenSys Raises US$ 65 Million from JP Morgan, Mastercard, and UBS

    By Fintech News Hong KongApril 14, 2021

    Global blockchain software company ConsenSys announced the final close of its US$65 million funding round from the likes of J.P.…

    Blockchain/Bitcoin

    Hong Kong’s OSL Facilitated Meitu’s US$ 10 M Bitcoin Transaction

    By Fintech News Hong KongApril 12, 2021

    OSL announced that its SFC-licensed digital asset brokerage OSL Digital Securities acted as the trade execution and custody partner for…

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