Fintech Hong Kong | February 2019

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AI Big Data Blockchain/Bitcoin

WeBank Lends Blockchain Expertise to Help Macao Transform into a Smart City

WeBank just signed a collaboration agreement with the Macao Science and Technology Development Fund (FDCT), established by the Macao government. Together, the two parties will collaborate in the development of Macao as a Smart City. With fintech at front and

Blockchain/Bitcoin

Blockchain Hong Kong Ecosystem Map 2019

The Fintech Association of Hong Kong’s Blockchain Committee has launched its mapping of the city’s companies engaged in blockchain. The map was built by contribution of many of the organization’s members and lead by a working group of the committee.

Various Virtual Banking

HKMA is Rumoured to be Granting Virtual Banking Licenses to China’s Fintech Giants

Since its announcement in early 2018, HKMA’s virtual banking license has attracted strong interest from the industry to seek regulatory approval to operate a virtual bank. It is reported that within a short time frame the regulator saw over 29

Remittance Taiwan

Taiwan’s Fintech Sandbox Gets Its First Startup

Taiwan’s newly formed fintech regulatory sandbox has approved EMQ a cross border remittance startup as its first participant. As the first fintech startup to be accepted into the Taiwan’s Regulatory Sandbox, EMQ will within the Financial Supervisory Commission prescribed timeline,

Korea

Top 10 Fintechs in South Korea

South Korea’s fintech industry remains small compared to the likes of China or Singapore but the sector is expected to grow significantly in the years to come supported by the government’s commitment to boost development and establish a favorable environment

Various

8 Trends Shaping the Future of Retail Banking in Asia

Retail banking, also known as consumer banking, is on the cusp of a new era of amazing growth and opportunities. Asia will reach over US$900 billion in retail banking revenue by 2020, growing at about 14% per year, according to

Top Picks Wealthtech

Top Wealthtech Startups in East Asia

Fintech companies focused on wealth management continue to gain popularity over traditional advisors. Also referred to as wealthtechs, these companies are tapping into untapped markets within the wealth management industry and focus on customer’s demands for higher returns and transparent

Blockchain/Bitcoin

Samsung and IBM Collaborate to Strengthen Blockchain Ecosystems

During IBM’s annual conference focused on technology and business, Samsung SDS announced it is continuing its collaboration with IBM in support of advancing Hyperledger Fabric, an open source cross-industry blockchain technology, with recent code contributions, research and a new white

AI Blockchain/Bitcoin

FinFabrik Concludes Seed Round Led by BitMEX Ventures

FinFabrik, a Hong Kong-based fintech startup focused on issuance, market making, and trading of digital assets has raised an undisclosed amount in seed funding. BitMEX Ventures, the investment arm of Seychelles-based HDR Global Trading Ltd., is the lead investor. FinFabrik

Blockchain/Bitcoin

Facebook Got Data Privacy Wrong, but Could it Get Blockchain and Fintech Right?

It is becoming more apparent that the financial services industry is being reshaped by bigtechs, or the big technology players such as Google, Apple, Facebook, Amazon and Alibaba, which are leveraging data and consumer insights to offer a unique, personalized