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    Blockchain/Bitcoin China

    Ping An’s Operations Across The Board Will Be Powered by AI and Blockchain

    By Fintech News Hong KongJune 26, 2019

    Chinese conglomerate Ping An Insurance is applying blockchain-driven smart contracts across the full range of its operations—banking, securities, fund and…

    Blockchain/Bitcoin

    News Summary: Facebook’s Libra Crypto Project Sparks Fear and Criticism

    By Fintech News Hong KongJune 24, 2019

    Last week, Facebook unveiled plans for a new cryptocurrency called Libra. Set to launch as early as 2020, Libra will…

    Mobile Payment

    Xero and Stripe Join Forces to Bring Seamless Payments to Millions of Small Businesses

    By Fintech News Hong KongJune 21, 2019

    Xero, the global small business platform announced a partnership with Stripe to develop new innovations that help small businesses get…

    Blockchain/Bitcoin

    Samsung SDS Expands Blockchain Business with Cloud-Based Enterprise Platform

    By Company AnnouncementJune 19, 2019

    Samsung SDS introduced customers’ common pain points in adopting blockchain and announced its blockchain business direction and the solution to…

    Wealthtech

    Credit Suisse Collaborates with HK-Based Prive to Enhance Its Digital Offerings

    By Fintech News Hong KongJune 7, 2019

    Credit Suisse today announced a collaboration with Privé Technologies (Privé), a Hong Kong-based digital wealth management solutions platform provider for…

    Blockchain/Bitcoin

    Diginex’s Digital Assets Unit Granted License from SFC

    By Fintech News Hong KongJune 6, 2019

    Diginex Group announced that a unit of its group Diginex AM has been granted a license a Type 4 (Advising…

    Korea

    South Korea’s Banks Commit US$492.7 Million to Digitisation

    By Fintech News Hong KongJune 5, 2019

    South Korea’s banking industry is embracing digital transformation with 65.7% of the country’s financial institutions pursuing various business projects in…

    Mobile Payment Remittance

    SWIFT Responds to Bitspark’s Accusations That It Is Slowing Innovation

    By Fintech News Hong KongJune 5, 2019

    In his recently published e-book, George Harrap co-founder of Hong Kong based blockchain remittance startup Bitspark, pointed fingers at SWIFT…

    China

    Hangzhou Eyes to Produce 10 Globally Known Fintech Firms by 2022

    By Fintech News Hong KongJune 3, 2019

    The government of Hangzhou unveiled a plan to build the eastern Chinese city into an international fintech hub by 2030.…

    China Virtual Banking

    Livi VB’s New Trump Card is a CEO With Experience in China’s First Virtual Bank

    By Fintech News Hong KongMay 31, 2019

    Due to the worryingly slow development of digital banking in Hong Kong, regulator Hong Kong Monetary Authority (HKMA) granted virtual banking…

    Various

    Cyberport’s 350 Startups to Gain Access to Ping An’s Fintech Open Platform

    By Fintech News Hong KongMay 30, 2019

    Cyberport signed a memorandum of understanding Ping An’s fintech arm One connect to o be among the first batch partners…

    Blockchain/Bitcoin

    Bitspark Co-Founder Claims SWIFT Is Hindering Innovation

    By Fintech News Hong KongMay 30, 2019

    George Harrap, CEO and Co-founder of Hong-Kong based blockchain remittance startup, Bitspark, has outed SWIFT for hampering fintech from driving…

    China

    Shenzhen Stock Exchange Partners Up with Tencent to Launch Fintech Innovation Lab

    By Fintech News Hong KongMay 27, 2019

    Tencent and Shenzhen Stock Exchange (SZSE) have banded together to form a joint innovation lab, named the SZE – Tencent…

    China Mobile Payment Open Banking Various Virtual Banking

    A Snapshot of Fintech in Hong Kong in 2019

    By Fintech News Hong KongMay 23, 2019

    Hong Kong is expected to see a boost in fintech activity after a relatively disappointing year in 2018 as the…

    Blockchain/Bitcoin

    How Cryptocurrency Scams Work

    By Fintech News Hong KongMay 20, 2019

    Millions of cryptocurrency investors have been scammed out of massive sums of real money. In 2018, losses from cryptocurrency-related crimes…

    Mobile Payment Various

    Tencent’s Fintech & Cloud Unit Generates US$ 3.1 Billion in Q1 of 2019

    By Vincent FongMay 16, 2019

    In their quarterly results announcement, Tencent revealed that its fintech and cloud services generated RMB21.8 billion (US$ 3.1 Billion) in…

    Blockchain/Bitcoin

    Hong Kong and Thailand May Be Working on a Joint Central Bank-Backed Crypto Project

    By Fintech News Hong KongMay 15, 2019

    The Hong Kong Monetary Authority (HKMA) and the Bank of Thailand (BOT) entered into a Memorandum of Understanding (MoU) to foster…

    InsurTech

    Globally, Insurtechs Received over US$1 Bil in Funding Q1 of 2019

    By Fintech News Hong KongMay 14, 2019

    Insurtech investment continued its momentum with 85 deals totaling US$1.42 billion recorded in Q1 2019, marking the third-straight quarter to…

    Virtual Banking

    Meet Hong Kong’s 8 New Virtual Banks

    By Fintech News Hong KongMay 10, 2019

    UPDATE: Four of Hong Kong virtual banks have since launched, check out our latest article to find out the progress…

    Virtual Banking

    Ant Financial, Tencent, and Xiaomi Are Among HK’s New 4 Virtual Banking Licensees

    By Fintech News Hong KongMay 9, 2019

    The Hong Kong Monetary Authority (HKMA) issued virtual banking rights to 4 more companies: Ant SME Services (Hong Kong) ,…

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