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    Digital Transformation Sponsored Post

    Huawei Vows To Enable Digital Ecosystem-Based Finance in APAC

    By Fintech News Hong KongAugust 4, 2021

    Huawei held its first virtual Asia-Pacific Intelligent Finance Summit 2021 with the theme “Accelerate Digital Transformation in Banking, New Value…

    Funding

    Airwallex Launches US$200 Million VC Fund to Back Startups in Its Network

    By Fintech News Hong KongJuly 29, 2021

    Airwallex, a cross border payment company, announced plans to establish a new venture capital fund set up by its founders…

    Lending Virtual Banking

    Mox Bank Takes a Slice of the BNPL Pie With Its Latest Offering ‘Split’

    By Fintech News Hong KongJuly 28, 2021

    Virtual bank Mox has launched a new Buy Now, Pay Later (BNPL) feature on Mox Credit called ‘Split purchase’. Mox…

    China Payments

    China’s CBDC Pilot Surpasses US$ 5 Billion in Total Transaction Value

    By Fintech News Hong KongJuly 27, 2021

    Since launching pilots for its central bank digital currency (CBDC) back in late 2019, China has seen 70.75 million transactions…

    Sponsored Post Wealthtech

    APAC Wealth Firms Not Keeping Pace With Digital Transformation Are Destined to Fail

    By Fintech News Hong KongJuly 26, 2021

    Refinitiv released the findings of its Wealth Management report titled “The Gold Standard of Wealth Management: Redefining investor experiences in…

    Regtech

    Here are 3 Ways Banks Can Adopt Regtech

    By Fintech News Hong KongJuly 21, 2021

    Over the last decade, regulatory and compliance requirements have increased for all financial companies. At the same time, countries are…

    Green Finance Partner Content

    Fintech as a Catalyst for Hong Kong’s Green Finance Ambitions

    By Fintech News Hong KongJuly 19, 2021

    In Hong Kong, fintech will play a key role in creating a more environmentally-friendly financial system and help the city…

    InsurTech

    Digital Insurer Blue Launches WeMedi Top Up to Subsidise Existing Outpatient Plans

    By Fintech News Hong KongJuly 14, 2021

    Hong Kong’s digital life insurer Blue announced the launch of its WeMedi Top Up (Outpatient) Protector, a top up outpatient…

    Funding

    Cyberport’s Fund Invested a Total of HK$14.87 Million Into Four of Its Startups

    By Fintech News Hong KongJuly 13, 2021

    Hong Kong digital tech park Cyberport has invested a total of HK$14.87 million (US$1.92 million) in four of the startups…

    Payments

    Nomu Pay Finalises Acquisition of Wirecard’s Hong Kong Entity

    By Fintech News Hong KongJuly 12, 2021

    Nomu Pay, a Finch Capital funded company, has completed two transactions to acquire Wirecard’s payment entities in Hong Kong and…

    Blockchain/Bitcoin

    Crypto.com To Develop Exclusive NFTs In Partnership With Formula 1

    By Fintech News Hong KongJuly 9, 2021

    Formula 1 has announced Crypto.com, a cryptocurrency payment and exchange platform, as the Global and Inaugural Partner for its 2021…

    Regtech

    Growing Demand for Regtech Solutions as HK Financial Institutions Navigate Concerns Around Rapid Digitalisation

    By Fintech News Hong KongJuly 9, 2021

    Technological advances, business innovation, global competition and a major regulatory push have led to a shift in focus by Hong…

    Wealthtech

    LU Hong Kong Launches AI-Backed Robo-Advisor “Lucy” With BNY Mellon

    By Fintech News Hong KongJuly 8, 2021

    Lufax Holding’s subsidiary LU Hong Kong has partnered with BNY Mellon Investment Management to launch an open robo-advisory platform, offering…

    Regtech

    Cloud-Based Regtech Is Gaining Focus In Hong Kong

    By Fintech News Hong KongJuly 7, 2021

    Hong Kong capital market firms are investing in cloud-based regtech solutions to enhance their risk and compliance management capabilities amidst…

    Blockchain/Bitcoin Virtual Banking

    ZA Makes Moves in Digital Asset Market by Signing Deal With Crypto Firm BC Group

    By Fintech News Hong KongJuly 5, 2021

    ZA International announced that it has entered into a mutual collaboration agreement with BC Technology Group, the parent company of…

    InsurTech Security

    Experts Warn of Increased Cyber Risks in The Insurance Sector

    By Fintech News Hong KongJuly 5, 2021

    The COVID-19 pandemic has sped up digital transformation and accelerated the shift to digital channels, introducing new cyber risks which…

    Korea Payments

    Kakao Pay Seeks to Raise US$1.4 Billion in Upcoming IPO

    By Fintech News Hong KongJuly 5, 2021

    Kakao Pay, a fintech subsidiary of Kakao which is the South Korean firm that runs the KakaoTalk messenger app, announced…

    E-Commerce Payments

    Using Payment Data to Increase E-Commerce Revenue

    By Fintech News Hong KongJuly 2, 2021

    If extracted effectively and used properly, payment data hold immense value, allowing businesses to make smarter decisions to optimize authorization…

    Blockchain/Bitcoin Funding

    Digital Asset Custodian Hex Trust Raises Undisclosed Sum From Cyberport

    By Fintech News Hong KongJuly 1, 2021

    Hong Kong-based digital asset custody service provider Hex Trust announced it has successfully secured investment from Cyberport, a local fintech…

    Virtual Banking

    Xiaomi’s Co Founder Steps Down as Chairman at Airstar Bank

    By Fintech News Hong KongJune 29, 2021

    Hong Hong virtual bank Airstar Bank announced the appointment of Xiaomi’s Chief Financial Officer Alain Lam Sai Wai as its…

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