As digital finance continues to evolve; regulatory frameworks struggle to keep pace with the rapid advancements and inherent risks. In…
Hong Kong’s Green and Sustainable Finance Cross-Agency Steering Group (Steering Group) announced key initiatives to strengthen the region’s position in…
Hong Kong-based virtual insurer OneDegree Group has appointed Michelle Ip as CEO of its technology division, OneDegree Global, and Robin…
Ant Group, an affiliate of Alibaba Group, is in advanced negotiations to acquire Dutch payment company MultiSafepay. The deal, pending…
Hong Kong, a key player in Asia’s financial sector, is progressively establishing itself in the global fintech scene, characterised by…
XTransfer, a cross-border trade payment platform from China, announced its international expansion to over 200 countries and regions worldwide. This…
Customer deposits are a critical pillar for virtual banks’ operations in Hong Kong, serving as a core foundation of their…
Standard Chartered has appointed Sidney Wang as Managing Director and Market Head for Greater China in its Private Banking division.…
The Financial Services and the Treasury Bureau (FSTB) and the Hong Kong Monetary Authority (HKMA) have issued a consultation paper…
The Securities and Futures Commission (SFC) of Hong Kong has issued a public warning about two entities, LonShiX and Bitbank…
The Hong Kong Monetary Authority (HKMA) pinpointed several critical areas that authorised financial institutions need to address in their digital…
Hong Kong will be the center stage for the 17th Asian Financial Forum (AFF), slated for 24-25 January 2024, at…
Hong Kong’s virtual bank Mox has initiated a beta phase for its new investment service, Mox Invest. This initial phase…
The Dubai Financial Services Authority (DFSA) and the Hong Kong Monetary Authority (HKMA) will work together to explore and develop…
In 2023, Hong Kong’s fintech landscape continued to evolve, maintaining its position as a significant player in the global financial…
UnionPay International has recently partnered with online travel agency Trip.com to provide more payment options for travelers. Under this partnership,…
The Hong Kong Exchanges and Clearing Limited (HKEX) announced the upcoming retirement of Alejandro Nicolas Aguzin, the current Chief Executive…
Hong Kong’s insurtech OneDegree has secured an investment from the Dubai Insurance Company for its Series B funding round as…
The impact of artificial intelligence (AI) is well recognized in the financial sector with industry professionals showing concerns about job…
Japanese international payments firm JCB has partnered with GLN to integrate Korean code payment services into Smart Code merchant locations…