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    Fintech Hong Kong

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    Blockchain/Bitcoin China

    Ant Group Unveils New Blockchain Brand AntChain

    By Fintech News Hong KongJuly 23, 2020

    Ant Group, a leading provider of financial services technology, and the parent company of China’s largest mobile payments business Alipay,…

    Various

    Equinix Invests US$51 Million Expanding Its Data Center in Hong Kong

    By Fintech News Hong KongJuly 22, 2020

    Equinix, the global interconnection and data center company, has completed the third phase expansion of HK4, one of its five…

    Various

    Episode Six Secures US$7 Million to Accelerate Global Growth as Demand for Digital Transformation Increases

    By Fintech News Hong KongJuly 22, 2020

    Episode Six, a next-generation financial technology provider, today announced that it has secured US$7 million of its Series A funding.…

    China

    Ant Group Plans a Concurrent Listing in Shanghai and Hong Kong’s Stock Exchange

    By Fintech News Hong KongJuly 21, 2020

    Ant Group, the parent company of China’s largest mobile payments business Alipay and leading provider of financial services technology, today…

    Virtual Banking

    WeLab Bank Launches Numberless Debit Card with Mastercard

    By Fintech News Hong KongJuly 20, 2020

    WeLab Bank, a homegrown virtual bank licensed by the Hong Kong Monetary Authority (HKMA), will launch a numberless bank card…

    Open Banking

    HKSTP and HSBC Team Up to Drive Open Banking Innovation in Hong Kong

    By Company AnnouncementJuly 17, 2020

    Hong Kong Science and Technology Parks Corporation (HKSTP) has teamed up with HSBC today to drive open banking innovation for…

    Various

    AWS and HSBC Reach Long-Term Strategic Cloud Agreement

    By Fintech News Hong KongJuly 17, 2020

    HSBC has partnered with Amazon Web Services (AWS) for a long-term strategic cloud agreement to drive their digital transformation for…

    Covid19

    Millennials Most Targeted Group by Hong Kong Digital Fraudsters

    By Fintech News Hong KongJuly 14, 2020

    The quarterly analysis of online fraud trends in Hong Kong by TransUnion found the percentage of suspected fraudulent digital transactions…

    China

    Ping An Bank Ranks 46th on Top 1000 World Banks

    By Fintech News Hong KongJuly 10, 2020

    Ping An Insurance (Group) Company of China, Ltd. announced that its subsidiary Ping An Bank Co., Ltd. (“Ping An Bank”)…

    InsurTech

    Virtual Insurer OneDegree Pivots to Offering Core Insurance Platform to Incumbents

    By Fintech News Hong KongJuly 9, 2020

    OneDegree Global, an insurtech firm with presence in Hong Kong and Taipei, announced today that it has launched IXT Core,…

    China Mobile Payment

    Alipay Maintains Dominance in China Over Tencent’s WeChat Pay and QQ Wallet

    By Fintech News Hong KongJuly 9, 2020

    A new report by iResearch Consulting Group indicates that the total size of third-party mobile payment transactions in China reduced…

    Remittance

    EMQ Bags Remittance Partnership in Cambodia with AMK

    By Fintech News Hong KongJuly 8, 2020

    AMK, the provider of microfinance services in Cambodia, and EMQ, a global financial settlement network, have teamed up to facilitate…

    Virtual Banking

    Hong Kong’s Virtual Bank WeLab Named On the 2020 CNBC Disruptor 50 List

    By Fintech News Hong KongJuly 3, 2020

    WeLab has been named #11 on the 2020 CNBC Disruptor 50 list, and was the only company included from Hong Kong…

    Wealthtech

    Mainland China Pilots Cross Border Investments with Hong Kong and Macau

    By Fintech News Hong KongJuly 2, 2020

    The People’s Bank of China, the Hong Kong Monetary Authority, and the Monetary Authority of Macao have implemented a pilot…

    Sponsored Post Various

    Cyberport to Boost HK Fintech Talent Pool with HK Government’s US$15.5 Million Fund

    By Fintech News Hong KongJuly 2, 2020

    Cyberport today announced that it has been commissioned by the Financial Services and the Treasury Bureau to implement the “Fintech…

    Blockchain/Bitcoin

    What is A Digital Currency and Why They Are The Real Revolution

    By Fintech News Hong KongJuly 1, 2020

    Technology is transforming payments, and one of the most widely talked about innovations in this regard has been digital currencies.…

    China Lending

    Alibaba’s Online Bank Unveils Five-Year Plan to Acquire More SME Customers

    By Fintech News Hong KongJuly 1, 2020

    MYbank, the digital bank under Ant Group (formely known as Ant Financial) which is part of the Alibaba Group, today…

    Various

    6 Cloud-Based Services Providers for Financial Institutions and Fintechs

    By Fintech News Hong KongJune 29, 2020

    The use of cloud technology is rapidly catching up in financial services, with PwC calling it one of the major…

    Virtual Banking

    Ping An OneConnect Launches its Virtual Bank Pilot

    By Fintech News Hong KongJune 25, 2020

    Ping An OneConnect Bank (PAOB) announced its pilot trial under the Fintech Supervisory Sandbox (“FSS”) of the Hong Kong Monetary…

    Wealthtech

    Avaloq Hires in Hong Kong to Strengthen Its Greater China Footprint

    By Company AnnouncementJune 24, 2020

    Avaloq, the Swiss-based provider of digital banking solutions, core banking software and wealth management technology, has appointed Pascal Wengi as…

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