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    China

    One of China’s Largest Bank Is Now Using FICO’s Big Data Solution

    By Fintech News Hong KongAugust 16, 2019

    China Construction Bank (CCB), one of the leading banks in China, announced that it has significantly lifted its approval rate…

    Blockchain/Bitcoin

    Hong Kong’s Protest Driving Demand and Price for Bitcoin

    By Fintech News Hong KongAugust 14, 2019

    As Hong Kong’s protest intensifies, market observers are noticing a surge in demand for bitcoin in Hong Kong. Bloomberg reported…

    China

    Sequioa-Backed QFPay Raises US$20 Million to Fuel Its Global Expansion

    By Fintech News Hong KongAugust 13, 2019

    QFPay, a China based digital payment technology company has received a new round of USD20 million funding. This funding round…

    Various

    Deutsche Bank Rolls Out Digital Signatures

    By Fintech News Hong KongAugust 12, 2019

    Deutsche Bank announced that digital signatures are now being rolled out for clients in Asia Pacific. As cross-border document and…

    Blockchain/Bitcoin China

    China is Issuing its Own Cryptocurrency Answer to Facebook’s Libra

    By Fintech News Hong KongAugust 12, 2019

    The People’s Bank of China (PBoC) is close to issuing its own cryptocurrency, Shanghai Security News reports. This is in…

    InsurTech

    How Will Driverless Cars of The Future Be Insured?

    By Fintech News Hong KongAugust 9, 2019

    Self-driving cars have been touted that as the future of transportation by many, including the likes of Elon Musk who…

    Blockchain/Bitcoin China

    Shenzhen Has Issued 6 Million Blockchain Invoices in a Year

    By Fintech News Hong KongAugust 9, 2019

    Shenzhen has demonstrated its willingness to experiment with innovative technology when it issued its first digital invoice on the blockchain…

    China InsurTech

    Digital Insurance Grown 20 Times but Traditional Channels Still Dominant in China

    By Fintech News Hong KongAugust 9, 2019

    The insurance industry is on the brink of a major transformation, driven by factors such as macroeconomic development, changing consumer…

    Mobile Payment

    Soon You Might Not Need An Internet Connection to Make Payments Using WeChat

    By Fintech News Hong KongAugust 8, 2019

    In July, Tencent’s super-app WeChat ran a trial that enabled passengers of two Spring Airlines flights between Shanghai and Chengdu…

    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…

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