For years, China has promoted Shanghai and Hong Kong as twin engines for its financial sector: Shanghai as the mainland’s…
HashKey Exchange, one of the licensed virtual exchanges in Hong Kong, expanded its bank deposit services to 32 countries and…
South Korea’s newly elected President Lee Jae-myung is pushing forward with plans to allow stablecoin issuance by local companies, fulfilling…
Wonder, a payment and fintech platform, has announced its partnership as the purported first omnichannel payment facilitator for Octopus Cards…
China’s Cross-Border Interbank Payment System (CIPS) and the Central Bank of the United Arab Emirates (CBUAE) have signed a MoU…
The Government welcomed the Legislative Council’s June 4 passage of the Banking (Amendment) Bill 2025, aimed at improving crime prevention…
Citigroup is cutting 3,500 tech jobs in mainland China to streamline operations and cut costs. The Citigroup China layoffs move,…
Hong Kong’s Securities and Futures Commission (SFC) will soon introduce virtual asset derivatives trading for professional investors. The move is…
In a major cross-border crackdown, Hong Kong police and law enforcement agencies from six countries and regions arrested over 1,800…
Online brokerage Tiger Brokers intends to increase its Hong Kong headcount by two times to capture more offshore Chinese wealth,…
In this episode of Fintech Fireside Asia, I sit down with Tessa Wijaya, Co-founder and COO of Xendit, one of…
The Securities and Futures Commission (SFC) has updated its guidance on acceptable non-face-to-face (NFTF) account opening approaches, reflecting the growing…
NTT Docomo, the mobile arm of Nippon Telegraph and Telephone (NTT), has announced plans to acquire online bank SBI Sumishin…
Visa, a digital payments provider, has announced a partnership with ZA Bank to roll out Click to Pay in Hong…
PAObank today announced the appointment of Ronald lu as its new Chief Executive Officer and Executive Director, effective immediately, on…
The Hong Kong Monetary Authority (HKMA) signed a Memorandum of Understanding (MoU) on 29 May 2025 with the HKUST Business…
Brad Jones has stepped down as CEO of PayMe by HSBC, effective 23 May 2025, after two years in leading…
Alibaba Cloud, part of the Chinese technology company Alibaba Group, plans to rapidly establish a global cloud computing network, according…
Citigroup announced on 22 May 2025 that it has launched Citi AI, a suite of tools for its employees in…
Ant International has launched a tokenised deposit solution in collaboration with HSBC. This move enables real-time HKD and USD payments…