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    Mobile Payment

    How Past Lessons in Digital Payments Can Help Banks Navigate in the New Normal

    By Wissam Khoury, FinastraMay 22, 2020

    The past couple of decades have seen a complete upheaval in where we buy things and how we pay for…

    Covid19

    3 Things You Should Know About Hong Kong’s SME Export Marketing Fund

    By Fintech News Hong KongMay 22, 2020

    With businesses scrambling to recoup their losses due to the recent pandemic, digital e-commerce wasn’t left unscathed. Hong Kong’s small…

    Various

    Standard Chartered Spends HK$60 Million to Support the Launch of Fintech Academy with HKU

    By Fintech News Hong KongMay 21, 2020

    The University of Hong Kong and Standard Chartered Bank jointly announced the establishment of a Fintech Academy with the latter…

    Covid19 Lending

    Lending Activity Decreases and Loan Defaults on The Rise in Hong Kong Amid COVID-19

    By Fintech News Hong KongMay 20, 2020

    The newly-released TransUnion Q1 2020 Industry Insights Report shows that COVID-19 has severely amplified the impact of the 2019 Hong…

    InsurTech

    JETCO Partners With Insurtech Start-Up GoLion to Offer Insurance APIs

    By Fintech News Hong KongMay 19, 2020

    Joint Electronic Teller Services Limited (JETCO) today announced its partnership with insurtech start-up GoLion to offer insurance APIs via the JETCO…

    Virtual Banking

    Virtual Bank WeLab’s HK$10,000 Interest-Free Loan Opens For Application Today

    By Fintech News Hong KongMay 18, 2020

    Virtual banking operator WeLab announced today that its’ #HKCashDrop is open for application today, on a first come first serve…

    Blockchain/Bitcoin

    Tencent’s WeBank to Support IMDA Backed Singapore Blockchain Accelerator

    By Fintech News Hong KongMay 18, 2020

    Tencent’s WeBank and OpenNodes a deep tech ecosystem platform backed by IMDA and powered by Tribe, have joined hands to…

    Mobile Payment

    Ant Financial to Invest US$ 73.5m in Wave Money to Drive Financial Inclusion in Myanmar

    By Fintech News Hong KongMay 18, 2020

    Wave Money and Ant Financial today announced a strategic partnership to promote financial inclusion in Myanmar. Wave Money is a…

    Remittance

    Niche Global Selects Volante Technologies’ SEPA Instant Payments as a Service in the Cloud

    By Company AnnouncementMay 15, 2020

    Volante Technologies, a global provider of payments and financial messaging solutions to accelerate digital transformation announced that Niche Global, a…

    Korea Top Picks

    Top 9 Up and Coming Fintech Startups in South Korea to Watch in 2020

    By Fintech News Hong KongMay 15, 2020

    Fintech has been named one of the top priorities for South Korea this year. The government has said it will…

    Various

    CES China: Virtual Pitching Competition With 20 Swiss Startups

    By Fintech News Hong KongMay 14, 2020

    Despite the outbreak of the COVID-19 pandemic, 20 Swiss DeepTech startups will be taking the virtual stage in Asia this…

    Big Data Open Banking

    Unlocking the Value in Payments Data With Technology and Partnerships

    By Wissam Khoury, FinastraMay 14, 2020

    Over the years, banks have been creating exponentially growing mountains of data – much of it with huge potential value.…

    Virtual Banking

    Riding the Cloud to the Bank of the Future

    By Wissam Khoury, FinastraMay 8, 2020

    Shifts in consumer behaviour towards digital services are resulting in monumental changes for the banking industry. Highly anticipated digital banking…

    InsurTech

    Virtual Bank Operator ZA Receives Digital Insurance License with Premiums Starting At HK$2

    By Fintech News Hong KongMay 5, 2020

    ZA Life announced that it has received regulatory green light from the Insurance Authority to operate as a digital insurer…

    Lending

    HPDLendScape Enhances Supply Chain Finance Offer to Simplify Access for Asia’s SMEs

    By Company AnnouncementMay 5, 2020

    HPDLendScape, a leading secured lending platform vendor, announced a new supply chain finance (SCF) solution. The new enhanced solution will…

    Virtual Banking

    WeLab Bank Takes Flight in a Pilot Trial with Interest Rates up to 4.5% P.A

    By Fintech News Hong KongApril 28, 2020

    WeLab Bank Limited  has commenced a pilot trial under the Hong Kong Monetary Authority’s (“HKMA”) Fintech Supervisory Sandbox (“FSS”). During…

    China Virtual Banking

    Ant Financial’s MYBank Reports Nearly Doubling of SMEs Served in 2019

    By Fintech News Hong KongApril 28, 2020

    MYbank, an online private commercial bank under Ant Financial Services Group, stated in its annual report released today that it…

    Personal Finance

    Sofi Invest Enters HK With Its Commission Free-Trading Through Acquisition of 8 Securities

    By Fintech News Hong KongApril 22, 2020

    SoFi, the digital personal finance company, announced today an expansion into its first international market, with the introduction of SoFi…

    Blockchain/Bitcoin

    Hong Kong’s First Cypto Fund Eyes US$ 100 Million Fund Size

    By Fintech News Hong KongApril 20, 2020

    Arrano Capital, which is the blockchain arm of Venture Smart Asia Limited, today announced the launch of Hong Kong’s first…

    Blockchain/Bitcoin

    Ant Financial Opens Consortium Blockchain Platform to SMEs and Developers

    By Fintech News Hong KongApril 20, 2020

    Ant Financial announced the launch of OpenChain, a blockchain platform that enables small and micro enterprises (SMEs) and developers to…

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