Archive
Hong Kong Remains ICO Crypto Hub Despite Regulator Skepticism
The Hong Kong Securities and Futures Commission (SFC) has taken a critical tone on initial coin offerings (ICOs), qualifying many of these as “dubious, if not downright frauds.” In a speech at the Hong Kong Investment Funds Association on April
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Gemalto Enables Digitization of Hong Kong’s Octopus Card into Samsung Pay
Gemalto, a digital security provider , announced that its Service Hub is enabling the secure digitization of Octopus contactless smart cards into Samsung Pay. Named Smart Octopus in Samsung Pay, this new mobile payment service allows consumers to securely pay and travel by simply
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Eight Roads Launches US$275 Million Technology Fund for China
Eight Roads Ventures, the proprietary investment arm of Fidelity International Limited, announced the launch of its dedicated technology fund for China. With a fund size of US$275 million it promises to back China’s next generation of tech entrepreneurs and support the
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The Hong Kong Polytechnic University Launch AMTD Fintech Centre
The Hong Kong Polytechnic University (PolyU), AMTD Group Company and AMTD Foundation jointly launch Hong Kong’s first university-industry collaborated Fintech centre. The AMTD FinTech Centre of PolyU Faculty of Business (the FinTech Centre) aims for enhancing Hong Kong’s capabilities to be an
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Standard Chartered Opens Innovation Lab eXellerator in Hong Kong
Standard Chartered announced the opening of its Hong Kong innovation lab, the eXellerator, to promote innovation within the Bank and to tap emerging fintech and data science in the region, to bring better products and services to its customers in Hong
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InsurTech M&As in Asia Surge in 2017
The total transaction volume of InsurTech M&As in Asia hit US$460 million in 2017, more than three times that of 2016, as industry incumbents and new entrants to the market pushed towards greater digitalisation, according to the fourth Quarterly InsurTech
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6 new Fintech Startups in the DBS Hong Kong Accelerator
Six FinTech startups from across Asia and around the world kicked off DBS Accelerator in Hong Kong this year, seeking to shape the future of finance with innovative solutions in enhancing the customer’s digital journey, data analytics, as well as
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Internet Giants Are Threatening Incumbent Banks
“Bigtechs,” or Internet-based platform companies such as Amazon, Alibaba, Facebook and Tencent, are making inroads into the finance and banking business, threatening incumbent banks that are not responding fast enough to the digitalization of the industry, according to a new
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Asian Robo Advisor 8 Securities to Receive Strategic Investment of USD25m from Nomura
8 Securities, a Hong Kong based robo-advisory and mobile trading services, announced that it has agreed to receive a strategic investment of USD25 million (Series C investment) from Nomura Asset Management. As part of the strategic partnership, 8 Securities and Nomura
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