The use of cloud technology is rapidly catching up in financial services, with PwC calling it one of the major…
Month: June 2020
Ping An OneConnect Bank (PAOB) announced its pilot trial under the Fintech Supervisory Sandbox (“FSS”) of the Hong Kong Monetary…
Avaloq, the Swiss-based provider of digital banking solutions, core banking software and wealth management technology, has appointed Pascal Wengi as…
Lufax Holding’s subsidiary LUI HK announced today that Hong Kong Securities and Futures Commission (SFC) has granted the company regulatory…
Manulife Hong Kong today announced the launch of a ‘Virtual Face-to-Face’ agency sales platform for all Manulife individual insurance products…
American Express announced that its joint-venture in mainland China, Express (Hangzhou) Technology Services Company Limited (“Express Company”), has received approval…
In the coming year, Hong Kong will be introducing several new measures and initiatives to facilitate fintech development with a…
Start-up Express, an entrepreneurship development programme organised by the Hong Kong Trade Development Council (HKTDC), has returned for its third…
Airstar Bank today announced the official launch of its virtual banking services to the public which encompass savings account, time…
With evolving lifestyles, growing awareness of health and fitness, and medical advancement enabling more people to live longer, retirement will…
Doing business in a modern economy like Hong Kong means digitally connecting with people, organisations and systems on a global…
Historically, regions such as Hong Kong and similar nations in southeast Asia have been loath to accept the merits of…
In 2019, cryptocurrency-focused hedge funds’ assets under management (AUM) doubled to US$2 billion, and the average per fund jumped to…
With a mushrooming delinquency rate and investment fraud allegations, South Korea’s rapidly growing peer-to-peer (P2P) lending industry has come under…
Temenos, the banking software company, announced that Next Commercial Bank (Next Bank), has selected Temenos Transact to power its launch…
Ground X, the blockchain affiliate of South Korean Internet giant Kakao and developer of Klaytn, today launched a blockchain-based digital…
The COVID-19 pandemic and the resulting economic turmoil have put a brake on merchant adoption of cashless payments, according to…
Joint Electronic Teller Services Limited (JETCO) today announced the rollout of Hong Kong’s first cross-bank cardless withdrawal service. Customers of…