Blog
Tencent Rolls Out Weixin Pay Enhancements for International Visitors in China
Tencent has announced comprehensive enhancements to its payment platform, Weixin Pay, aimed at improving the experience for visitors to mainland China. These initiatives simplify registering for WeChat and linking international credit cards, ensuring convenience and security. Upon downloading or updating
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How PayMe by HSBC is Shaping Digital Payment Usage in Hong Kong
The rise of digital payment solutions has significantly transformed Hong Kong’s financial landscape, with consumers increasingly adopting mobile wallets and other digital payment options in their daily lives. As the demand for convenient, secure, and innovative payment methods grows, the
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Hong Kong Set to Launch Asia’s First Spot Bitcoin Exchange-Traded Funds
The Securities and Futures Commission (SFC) of Hong Kong is anticipated to announce the approval of the city’s first spot bitcoin exchange-traded funds (ETFs) next week, according to individuals familiar with the proceedings. This development positions Hong Kong as the
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Hong Kong Unveils Enhanced Anti-Scam Charter 2.0 to Combat Digital Fraud
The Hong Kong Monetary Authority (HKMA) and the Hong Kong Association of Banks (HKAB) have launched the Anti-Scam Consumer Protection Charter 2.0, a comprehensive initiative that significantly enhances measures to protect the public from credit card scams and digital fraud.
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In Asia, E-Wallets Are Fast Becoming The Preferred Payment Method for The People
E-wallets remained popular among consumers in Asia-Pacific (APAC), maintaining their position as the preferred payment method for online shopping and becoming more prevalent for in-store purchases, new data released by payment processing firm Worldpay show. The growth of e-wallets in
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HashKey Group Sets Sights on Surpassing Coinbase with Launch of HashKey Global
HashKey Group, an operator in Hong Kong’s licensed cryptocurrency exchange market, has expanded its offerings with the initiation of HashKey Global. This move introduces a global trading platform under a Bermuda-issued Digital Asset Business license. However, the service faces regulatory
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Ant Group Rolls Out International Zones with Global E-Wallets and Card Partners
Ant Group, in collaboration with 11 overseas payment partners of Alipay+ and major international card organisations, launched a programme in Beijing to establish International Consumer Friendly Zones across significant tourist and commercial cities in China. This initiative, supported by relevant
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Citibank Appoints Janus Wu as Head of International Personal Bank in Hong Kong
Citibank announced that Janus Wu has been immediately appointed as the Head of International Personal Bank (IPB) for Hong Kong. Janus Wu will lead the international personal banking division in his new role as the Head of International Personal Bank
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ZA Bank Launches Banking Services for Stablecoin Issuers
ZA Bank has announced the launch of its dedicated banking services for stablecoin issuers, a significant advancement in its commitment to the Web3 financial sector. This service is designed to provide secure banking solutions for stablecoin issuers’ fiat reserves, further
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What Does the Future Hold for SME Lending in Hong Kong?
The vibrant economy of Hong Kong is significantly bolstered by small and medium-sized enterprises (SMEs), which constitute nearly 99 percent of its business landscape and are central to the SME lending sector. With over 362,000 SMEs as of the end
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