Doing business in a modern economy like Hong Kong means digitally connecting with people, organisations and systems on a global…
In 2019, cryptocurrency-focused hedge funds’ assets under management (AUM) doubled to US$2 billion, and the average per fund jumped to…
With a mushrooming delinquency rate and investment fraud allegations, South Korea’s rapidly growing peer-to-peer (P2P) lending industry has come under…
Temenos, the banking software company, announced that Next Commercial Bank (Next Bank), has selected Temenos Transact to power its launch…
Ground X, the blockchain affiliate of South Korean Internet giant Kakao and developer of Klaytn, today launched a blockchain-based digital…
The COVID-19 pandemic and the resulting economic turmoil have put a brake on merchant adoption of cashless payments, according to…
Joint Electronic Teller Services Limited (JETCO) today announced the rollout of Hong Kong’s first cross-bank cardless withdrawal service. Customers of…
The Bank for International Settlements (BIS) today announced the appointment of Bénédicte Noella Nolens as head of the BIS Innovation Hub Centre…
A survey launched this week by Finastra revealed that close to 100% of financial institutions in Singapore and Hong Kong…
Stripe, the online payment infrastructure provider powering the likes Amazon, Facebook, Shopify, Zoom, Slack today announced opening of an engineering…
WeChat Pay, Tencent’s mobile payments system integrated into the WeChat super-app, has told its users that it will be giving…
The COVID-19 outbreak has taken a toll on startup funding with fintech investment dropping to levels not seen since 2016…
Banks in Hong Kong are embracing fintech, with innovations relating to mobile banking, open banking (APIs), machine learning and predictive…
The past couple of decades have seen a complete upheaval in where we buy things and how we pay for…
With businesses scrambling to recoup their losses due to the recent pandemic, digital e-commerce wasn’t left unscathed. Hong Kong’s small…
The University of Hong Kong and Standard Chartered Bank jointly announced the establishment of a Fintech Academy with the latter…
The newly-released TransUnion Q1 2020 Industry Insights Report shows that COVID-19 has severely amplified the impact of the 2019 Hong…
Joint Electronic Teller Services Limited (JETCO) today announced its partnership with insurtech start-up GoLion to offer insurance APIs via the JETCO…
Virtual banking operator WeLab announced today that its’ #HKCashDrop is open for application today, on a first come first serve…
Tencent’s WeBank and OpenNodes a deep tech ecosystem platform backed by IMDA and powered by Tribe, have joined hands to…