Digital payments transaction value is growing exponentially and is expected to climb to US$5.6 trillion in Asia by 2025. For…
OPSWAT is a global leader in IT, OT and ICS critical infrastructure cybersecurity solutions and Deep Content Disarm and Reconstruction…
Hong Kong digital tech park Cyberport announced that fifteen of its members have received awards as part of the biennial…
Bank of China Group Insurance (BOCG Insurance) announced that it has joined forces with international actuarial and consulting firm Milliman…
The Insurance Authority (IA), Hong Kong’s insurance regulator, is exploring the development of an open application programming interface (API) framework…
Global Fintech-as-a-Service platform Rapyd announced that it has agreed to acquire Hong Kong-based Neat, a cross-border trade enabling platform for…
With data becoming a core business asset for financial companies, artificial intelligence and machine learning (AI/ML) continues to be a…
AngelHub, an SFC-regulated tech investment platform and sister-company of WHub, announced that it has secures US$ 3 million from Animoca…
Virtual bank WeLab announced the acquisition of PT Bank Jasa Jakarta (BJJ), a commercial bank in Indonesia, with plans to…
By 2025, Hong Kong’s virtual banks are expected to amass 44,182 small and medium-sized enterprise (SME) customers, a client base…
Hong Kong’s virtual bank Mox announced that now has 200,000 customers, doubling its customer base since May. As one of…
The sudden surge in e-commerce activities has brought with it a rapid rise of card-not-present (CNP) fraud, costing e-commerce merchants…
Travel and leisure booking platform Klook and ZA Tech, the technology venture founded by ZA International and backed by Softbank’s…
Hong Kong Fintech Week (HKFW) 2021 ended on November 5, closing a global conference exploring an array of business opportunities…
Demand for green finance is surging in Hong Kong but the lack of unified standards or definitions of green financial…
Financial Institutions (FI’s) can detect and prevent account takeover attacks using continuous monitoring and adaptive multi-factor authentication. Account takeover (ATO)…
The Mobile Banking Benchmark 2021 survey found that Hong Kong’s virtual banks Mox and Livi stood out as regional leaders,…
Cross border payments firm Airwallex announced it has secured an additional US$100 million in a Series E1 financing round, raising…
35 percent of Hong Kong citizens said they are open to use cryptocurrencies or central bank digital currencies (CBDCs) as…
In Asia-Pacific (APAC), digital wallets are gradually booming in popularity. By 2023, these apps and digital platforms are expected to…