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    China

    Standard Chartered Launched eXellerator Innovation Lab in China

    By Fintech News Hong KongAugust 7, 2019

    Standard Chartered Bank announced the launch of the eXellerator innovation lab in China, that brings together employees, corporate clients and…

    Open Banking

    Hong Kong’s Regulator Shares its Progress in Implementing Open Banking So Far

    By Fintech News Hong KongAugust 1, 2019

    The Hong Kong Monetary Authority (HKMA) unveiled today in a media statement, the progress of its Open API framework and…

    Korea Virtual Banking

    South Korea Eyeing to Grant More Virtual Banking Licenses

    By Fintech News Hong KongJuly 31, 2019

    South Korea’s Financial Services Commission (FSC), the government’s top financial regulator, will resume a new round of procedures for granting…

    Virtual Banking

    Line and Rakuten Are Among The First to Receive Taiwan’s Virtual Banking Licenses

    By Fintech News Hong KongJuly 30, 2019

    Taiwan’s Financial Supervisory Commission is said to have issued it virtual banking licences to three consortiums, according to a report…

    China Mobile Payment Remittance

    Mobile Money Transfers to Exceed 200 Billion Transactions in 2024

    By Fintech News Hong KongJuly 30, 2019

    New data from Juniper Research has found that the volume of domestic money transfers via mobiles will exceed 203 billion in…

    Korea

    Korea’s Regulator Approves Another 5 Companies to Be Part of its Fintech Sandbox

    By Fintech News Hong KongJuly 30, 2019

    The Financial Services Commission of  South Korea has approved an additional 5 companies to be part of its fintech sandbox.…

    China

    Once Notorious for Copying, China’s Tech Giants Are Now Being Copied by the West

    By Fintech News Hong KongJuly 26, 2019

    As China emerges as a tech powerhouse, successful concepts from Chinese tech giants are being studied and replicated by Asian…

    Various

    Eddie Yue Appointed as New HKMA CEO; Executive Director Resigns Citing Personal Reasons

    By Fintech News Hong KongJuly 26, 2019

    Eddie Yue, who currently serves as the Deputy CEO of HKMA will succeed Norman Chan as the new CEO in…

    China Various

    When It Comes to Payments, Its Risky to Use Your Face

    By Fintech News Hong KongJuly 23, 2019

    In China, platforms and services like Alibaba’s Alipay and Tencent’s WeChat Pay have brought facial recognition payments to online and…

    China InsurTech

    Shake-Up in ZhongAn’s Senior Leadership Team

    By Fintech News Hong KongJuly 19, 2019

    ZhongAn, a leading insurtech company in China, today announced new senior leadership appointments. Former General Manager and Joint CEO Mr.…

    Virtual Banking

    Tencent & ICBC’s Virtual Bank Renamed to Fusion Bank

    By Fintech News Hong KongJuly 18, 2019

    Infinium Limited, the virtual bank jointly owned by Tencent, Hong Kong Exchanges and Clearing, Hillhouse Capital and Perfect Ridge today…

    Blockchain/Bitcoin Korea

    5 Recent Stories Shaping Korea’s Blockchain Ecosystem

    By Fintech News Hong KongJuly 17, 2019

    South Korea’s attempts to put itself on the map in the world of blockchain seem to be bearing fruit more…

    China

    China’s New Fintech Strategy Includes a “Chinese Version” of Regulatory Sandboxes

    By Fintech News Hong KongJuly 16, 2019

    China’s central bank, the People’s Bank of China (PBoC) has revealed at the 4th Global Fintech (Beijing Summit) that it…

    Mobile Payment

    At Long Last, iPhone Users Will Soon be Able to Use Their Phones Instead of The Octopus Card

    By Fintech News Hong KongJuly 12, 2019

    Octopus cards will soon be usable virtually via an iPhone, according to the city’s e-payments giant. With the iPhone’s Apple…

    Various

    Fintech is Hong Kong’s Strongest Innovation Sector, Study Concludes

    By Fintech News Hong KongJuly 12, 2019

    KPMG and Alibaba Entrepreneurs Funds’ joint report has made it official—fintech is ranked as Hong Kong’s strongest innovation sector, beating…

    AI Infographic

    Fintech Infographic of the Week: Ethical AI

    By Fintech News Hong KongJuly 10, 2019

    Artificial intelligence (AI) is set to play a key role in the future of financial services and more broadly in…

    Korea Mobile Payment

    A Look into South Korea’s Booming E-Wallet Scene

    By Fintech News Hong KongJuly 10, 2019

    South Koreans are increasingly going cashless as more people turn to e-wallets in South Korea for both online and offline…

    Virtual Banking

    WeLab Eyes to Launch Virtual Bank by This Year

    By Fintech News Hong KongJuly 10, 2019

    It’s been several months now since the Hong Kong Monetary Authority (HKMA) announced the 8 licensees granted approval to operate…

    Various

    Hong Kong’s Central Bank is Now Working with France to Cultivate Fintech Innovation

    By Fintech News Hong KongJuly 9, 2019

    The Hong Kong Monetary Authority (HKMA) and Autorité de Contrôle Prudentiel et de Résolution (ACPR), France’s central bank, entered into a…

    Japan

    Sony and Daiwa Want Their Newly Launched Startup Fund to Hit 20 Bil Yen

    By Fintech News Hong KongJuly 9, 2019

    Sony and Daiwa Capital announced the establishment of Innovation Growth Ventures (IGV), a joint venture company created to establish a…

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