Archive
Xiaomi’s Co Founder Steps Down as Chairman at Airstar Bank
Hong Hong virtual bank Airstar Bank announced the appointment of Xiaomi’s Chief Financial Officer Alain Lam Sai Wai as its new Chairman of the Board of Directors. The previous chairman Lei Jun, the Chinese billionaire entrepreneur who founded Xiaomi, has
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Mox Card Now Allows Users to Flip Between Debit and Credit Spending
Hong Kong virtual bank Mox and Mastercard announced a smart new feature called “Flip” on the all-in-one numberless Mox Card which enables customers to flip freely between spending on their debit and credit accounts. The virtual bank had previously rolled
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InvestHK’s Global Fast Track 2021 Programme Is Now Open for Applications
Invest Hong Kong (InvestHK) announced that the Global Fast Track 2021 programme is now open for applications from fintech scale-ups and established firms intending to scale from Hong Kong to the GBA area, Asia and beyond. Selected companies will earn
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Mox Appoints Former StanChart Exec as Chief Product Officer
One of Hong Kong’s eight virtual banks Mox announced the appointment of Jayant Bhatia as its new Chief Product Officer effective on 1st July 2021 onwards. As Mox’s Chief Product Officer, Jayant will lead and develop the product strategy and
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Top 10 Upcoming Fintech Webinars in Hong Kong
The COVID-19 health crisis temporarily halted in-person industry events and conferences, and gave the virtual events industry a hefty boost. Though physical restrictions are being lifted in all parts of the world, virtual events and webinars continue to see strong
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Livi Bank First in Hong Kong to Roll Out Mastercard’s Tokenised Payments
Hong Kong virtual bank livi announced an expansion of its collaboration with Mastercard as it became the first bank in Hong Kong to launch Mastercard Token Connect. This is a payment innovation that integrates tokenisation technology with livi’s debit card
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Cyberport Granted HK$6.1 Million for Fintech Scheme, Now Open for New Applications
Hong Kong digital tech park Cyberport has announced that the application stage for the first phase of its Fintech Proof-of-Concept Subsidy Scheme has closed and received over 80 applications. The scheme was commissioned by the Financial Services and the Treasury
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WeLab Bank Now Supports Apple Pay for Safe and Secure Transactions
WeLab Bank, a homegrown virtual bank authorised by the Hong Kong Monetary Authority, has integrated the use of Apple Pay into its platform. Apple Pay is a safe, secure and private way to pay that helps customers avoid handing their
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Hong Kong Banking Giant Hang Seng Bank Ramps Up Innovation Push With Cyberport Alliance
Local banking giant Hang Seng Bank is ramping up its innovation push, teaming up with digital tech park Cyberport to empower young and promising startups, gain exposure within the innovation company community, and support those looking to expand across the
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Singapore’s GIC Invests US$ 70 Million in Digital Asset Firm BC Group
BC Technology Group, a digital asset and fintech company as well as the parent company of OSL, secured an investment of US$ 70 million (HKD 543.19 million) from GIC, a Singaporean sovereign wealth fund. The company intends to develop and enhance
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