Archive
2C2P to Offer UnionPay’s Payments Authentication for Hong Kong Merchants
Global payments platform 2C2P announced a partnership with UnionPay International to offer the UnionPay 3-D Secure (3DS) payment authentication solution to its network of merchants in Southeast Asia and Hong Kong. 2C2P will launch UnionPay 3DS in October first in
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Effective Fraud Management: How Digital Banks Can Come Out on Top
The financial services industry has felt the impact of the increasing demand for digital offerings for some time now. However, with a global pandemic came the closure of physical branches and reduced in-person hours at traditional banks, dramatically accelerating the
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Hex Trust Appoints HKEX’s Former Advisor James Fok to Its Board
Hong Kong-based digital asset custody service provider Hex Trust announced that James Fok has joined its advisory board. James brings with him over 20 years of experience in capital markets and the financial services industry across several key management positions,
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HKMA Moves to Plug the Regtech Talent Gap to Promote Adoption
A recent report commissioned by the Hong Kong Monetary Authority (HKMA) had highlighted a series of recommendations to promote the development of regtech talent in Hong Kong. As laid out in the HKMA’s white paper entitled “Transforming Risk Management and
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Hong Kong Fintech Week 2021 to Lead Scaling up for Fintech Future
Invest Hong Kong (InvestHK) announced details of Hong Kong Fintech Week 2021, themed “Scaling Fintech Future Together”, which will be held in hybrid form, comprising both physical and virtual formats, from November 1 to 5. The sixth edition of Fintech
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How Will Hong Kong’s Digital Currency E-HKD Work?
The Hong Kong Monetary Authority (HKMA) has released a technical whitepaper on a retail central bank digital currency (CBDC), proposing an architecture that would follow the key principles of safety, efficiency, and openness. The paper, titled e-HKD: A technical perspective,
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Hong Kong and China Link Up Their Sandboxes to Pilot Cross-Border Fintech Initiatives
The Hong Kong Monetary Authority (HKMA) and the People’s Bank of China (PBOC) signed a Memorandum of Understanding (MoU) for their cooperation on fintech innovation and supervisory exchanges in the region. The two regulators have agreed to link up the
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OSL Exchange Now Available to Latin American Customers
OSL, a SFC-licensed digital asset platform and member of BC Technology Group, announced that it has expanded access to its crypto trading platform to professional and institutional customers in Latin America, with zero trading fees until the end of the
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6 Reasons Why Hong Kong Is The Ideal Place for Fintech Startups
Hong Kong’s business-friendly environment, financial and operational support, strategic position in Asia-Pacific (APAC) and advanced technical infrastructure provide ideal conditions for fintech startups looking to scale, grow and crack the Asian market. Home to more than 460 fintech companies, including
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Latest HKMA Regtech Guide Outlines Benefits of E-Governance, Risk & Compliance Platforms
Banks and financial institutions are faced with critical challenges in their current governance, risk, and compliance (GRC) approaches, which often times involve inefficient and cumbersome processes requiring an excessive amount of manual work with disconnected and varied results. This challenge
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