Archive
Global Ecosystem for Digital Transformation in the Financial Sector
COVID-19 has speeded up digital transformation by several years. According to a new McKinsey Global Survey of executives, companies across regions and industries have accelerated the digitalization of their customer and supply chain interactions, as well as of their internal
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Banking Software Provider Finantix Makes a Series of Senior Appointments in APAC
Finantix, a provider of digital enabling software for the banking, wealth management and insurance sectors, has announced a series of senior appointments for the APAC region. The three new hires are Frances Ng and Lawrence Yin, joining them as Regional
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HKEX to Build New Settlement Acceleration Platform Using Smart Contracts
Hong Kong Exchanges and Clearing Limited (HKEX) is set to introduce HKEX Synapse, a new settlement acceleration platform for its Stock Connect programme. The Stock Connect programme is a collaboration between the Hong Kong, Shanghai and Shenzhen Stock Exchanges which
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Citi’s Accelerator Ropes in Fintech Startups for Digital Economy Solutions
Citi hosted a virtual three-day Mega FinTech Accelerator featuring teams from 12 fintech firms who presented solutions for the digital economy. The three areas of focus were Seamless Payments and Receivables, Future of Open Banking as well as Data Empowerment.
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ICBC (Macau) Picks Huawei All-Flash Storage to Support Online Banking Boom
Since the outbreak of COVID-19, contactless payments have soared and digital banking adoption has increased dramatically. In Q1 2020, MasterCard recorded more than 40% growth in contactless transactions globally. In the US, which has traditionally lagged other countries in digital
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China’s 10 Most Valuable Fintech Companies
China’s ten most valuable fintech companies are worth a combined of nearly US$500 billion, according to a new report by Hurun Research Institute. The research platform recently released its list of the country’s most valuable fintech companies ranked by market
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Hong Kong Fintech Hub Cyberport Doubles Down on Blockchain Commitment
Hong Kong leading digital tech park Cyberport is doubling down on blockchain commitment, multiplying initiatives to support promising startups and foster entrepreneurship. Throughout the years, Cyberport has promoted blockchain applications through a range of activities and programs, including the Blockchain
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Hong Kong Fintech Week 2020 Closes on a High Note With 1.2 Million Viewers
The Hong Kong FinTech Week 2020 came to a close last Friday on the 6th November with reportedly 1.2 million viewer tuning in for the fully virtual event. The three-day main conference and over 30 satellite events featured important announcements,
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Cyberport Venture Capital Forum 2020 Draws to a Close With a Total of 97,000 Views
Cyberport’s annual flagship tech investment two-day event, Cyberport Venture Capital Forum (CVCF) came to a close and recorded a total of 97,000 views on its virtual event platform. The forum also featured two international events – the inaugural Edventures Global
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Insurtech Startup Coherent Secures US$14 Million in Series A Funding Round
Coherent, provider of digital platforms to insurers, raised US$ 14 million in a Series A funding round led by global VC fund Cathay Innovation, with participation from Franklin Templeton. Founded in Hong Kong, Coherent provides digital platforms and data intelligence
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