Archive

Taiwanese Fintech Sector Poised for Growth Amid Booming Startup Ecosystem

Taiwan’s booming startup ecosystem and recent fintech developments could be hinting at further growth in the local fintech sector. A leading global supplier of hardware, Taiwan has a vibrant startup ecosystem and is on track to grow into a global

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APAC Consumers Turn to Social Media as Main Channel for Customer Support

In Asia Pacific (APAC), consumers are seeking customer support through social media platforms instead of making a call or sending an email, indicating that customers are expecting real-time responses to their enquiries and want shorter waiting time to solve their

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ConsenSys Raises US$ 65 Million from JP Morgan, Mastercard, and UBS

Global blockchain software company ConsenSys announced the final close of its US$65 million funding round from the likes of J.P. Morgan, Mastercard, and UBS. Other investors include Protocol Labs, the Maker Foundation, Fenbushi, The LAO, Alameda Research, CMT Digital, Greater

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Hong Kong’s OSL Facilitated Meitu’s US$ 10 M Bitcoin Transaction

OSL announced that its SFC-licensed digital asset brokerage OSL Digital Securities acted as the trade execution and custody partner for Hong Kong-listed Meitu, and facilitated its latest digital asset treasury transaction, a purchase of approximately 175 units of Bitcoin with

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Hong Kong Digital Asset Exchange to Launch First NFT Trading Platform in Hong Kong

The Hong Kong Digital Asset Exchange (HKD.com), has announced its plans for what it described as Hong Kong’s first one-stop trading platform for NFT (Non-Fungible Token) digital artwork. The launch is scheduled for third quarter of 2021. The platform is

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Top Tips For Maintaining Safe and Secure Finances in Hong Kong

Cybercrime, hacking and online identity theft are all, unfortunately, on the rise in Hong Kong. In 2020, the number of technology-based crimes doubled to over 6,400 in just the first half of the year. These crimes had a significant impact

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Ping An OneConnect Bank Partners JETCO to Enable Cardless ATM Withdrawal

Ping An OneConnect Bank (PAOB) announced today they have partnered with JETCO to roll out cardless ATM withdrawal services. Through this partnership, PAOB customers will be able to withdraw cash from more than 1,700 JETCO ATM machines across Hong Kong.

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Robo Advisor StashAway Rolls Out Services in Hong Kong

Digital wealth management platform StashAway announced that it will now be available to Hong Kong residents and is licensed by the Securities and Futures Commission (SFC). StashAway is an investing platform that provides intelligent asset allocation with global ETFs for

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HK Based Digital Asset Custodian Hex Trust Snags US$6 Million in Funding

Hong Kong-based digital asset custody service provider Hex Trust announced that it has closed its Series A funding round with US$6 million led by QBN Capital. Investors also joining the round include Cell Rising, Radiant Tech Ventures, Kenetic Capital, HashKey,

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HKMA Partners Bank of Japan to Unveil Cross-Border Delivery-Versus-Payment Link

The Hong Kong Monetary Authority (HKMA) announced the launch of the delivery-versus-payment (DvP) link for cross-currency securities transactions between the Hong Kong dollar (HKD) CHATS and the Bank of Japan Financial Network System for Japanese Government Bond (BOJ-NET JGB) Services.

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