Archive

Hong Kong’s Neat Ties up With Sequoia-Backed Snowflake for Enhanced Data Insights

Neat, a Hong Kong-based financial technology startup, announced its partnership with Snowflake, a cloud data platform. Under the new partnership, Neat will utilise Snowflake’s cloud data platform to integrate their data into a single source for data harmonisation, enabling business teams

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Most Consumers Still Prefer Incumbent Banks Over Virtual Banks and Neobanks

A recent report published by consulting firm EPAM Continuum outlined behaviors, expectations and motivations, with key findings suggesting that, despite recent innovations in financial services, the fundamental behavioral drivers of customers remain largely unchanged. The report surveyed 4,500 people across

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ASTRI and the University of Hong Kong Join Hands to Nurture Fintech Talent

The Hong Kong Applied Science and Technology Research Institute (ASTRI) has partnered with the University of Hong Kong (HKU) to jointly nurture fintech talent in the region. The agreement will see both parties develop the Technology Oriented Practitioner (TOP) programme,

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Hong Kong’s ZA Bank Selects Accuity’s Regtech Solution

Hong Kong based ZA Bank announced that it has selected Accuity, provider of financial crime screening, payments and counterparty know your customer (KYC) solutions. The virtual bank has implemented Accuity’s screening solution to improve customer experiences, and at the same

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Virtual Bank Livi Selects Wolters Kluwer’s Solution for Regulatory Reporting

Livi bank has selected Wolters Kluwer, American Dutch information services company, for its Regulatory Reporting solution to manage the bank’s regulatory reporting obligations. livi had recently launched its virtual banking app to Hong Kong customers. The bank is backed by

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Cyberport’s Incubatees PortfoPlus and 10Life Aim to Simplify Insurance

Hong Kong’s insurance industry worth US$66 billion (HK$552 billion) in the past years has provided a fertile ground for the digitalisation push by innovative insurtech startups in the region.  The current pandemic has created a positive shift to accelerate digital

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Huawei Developer Conference 2020 to Discuss HarmonyOS, HMS Core 5.0, EMUI 11, Fintech, and More

From September 10 to 12, 2020, Huawei will be hosting its annual developer conference, a multi-day event expected to bring together more than 400 industry veterans and over 500 tech firms to discuss the latest trends and technologies set to

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Majority of Hong Kongers “Annoyed” with the Way Banking Transaction History Works

Recent research by gini, shows 66.7% of respondents feel their bank should be doing more to improve online services during the pandemic, with one of the major pain points being the lack of clarity in the way information is displayed

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Ant Group Revives Grand Plans for its INCLUSION Fintech Conference in Shanghai

Alibaba’s Ant Group announced that its inaugural INCLUSION Fintech Conference originally scheduled for April 2020, will now take place in September 24-26, 2020, in Shanghai. Organised by Ant Group and Alipay, the conference will feature a combination of online and

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EMQ Expands Real-Time International Payment Capabilities Across Vietnam

EMQ, a financial settlement network, announced that it has further expanded its real-time international payment capabilities across Vietnam, leveraging National Payments Corporation of Vietnam (NAPAS) – the country’s domestic payment network. This announcement follows their recent fundraising round of US$

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