Archive
HKMA, BIS Publish Report on the World’s Largest Multi-CBDC Pilot Project
The Hong Kong Monetary Authority (HKMA), Bank for International Settlements (BIS), Bank of Thailand, Central Bank of the United Arab Emirates, and the Digital Currency Institute of the People’s Bank of China have published a report on the completed pilot
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Samsung Ramps up Fintech Play
South Korean computers and electronics manufacturer Samsung is ramping up its fintech play, launching new finance products in India and South Korea, including credit cards, loans for consumer electronics purchases, and a new all-encompassing fintech app. Samsung’s digital lending program
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Must-Watch Fintech Sessions of the 2022 Hong Kong Fintech Week
The annual Hong Kong Fintech Week is coming back next week for a multi-day event focusing on the latest innovations and trends emerging in the finance, banking and insurance sectors. Organized by the Financial Services and the Treasury Bureau (FSTB)
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HKMA Officially Launches Its Commercial Data Interchange
The Hong Kong Monetary Authority (HKMA) has officially launched its Commercial Data Interchange (CDI), one of the key initiatives under its Fintech 2025 strategy. As a consent-based financial data infrastructure, CDI aims to enhance data sharing by facilitating financial institutions
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AXA Emerges as the First Insurer in Hong Kong to Enter The Sandbox Metaverse
AXA has emerged as the the first insurer in Hong Kong to enter The Sandbox metaverse which is a decentralised gaming virtual world and a subsidiary of Animoca Brands. Through this partnership, AXA Hong Kong has acquired a 3×3 LAND
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Hong Kong’s Rapid Digital Adoption Drives Demand for Better Mobile Banking UX
Mobile banking is growing in popularity in Asia, with a new study showing the region is home to some of the world’s best banking experiences on mobile devices, such as in Hong Kong and Singapore. The study, conducted by Sia
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Hong Kong Fintech Week 2022 Is Amped up to Push the Boundaries of Fintech
Invest Hong Kong (InvestHK) has unveiled details of Hong Kong Fintech Week 2022 (HKFW), which will take place in person and virtually from 31 October to 4 November. Themed “Pushing Boundaries, Reaping Benefits”, the seventh edition of the flagship event
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HSBC Ties up With Oracle to Bolster Its Digital Transformation Journey
HSBC has signed a multi-year agreement with Oracle for a strategic collaboration to accelerate the bank’s digital transformation. The bank will upgrade and migrate select database systems to Oracle Exadata Cloud@Customer, a cloud platform delivered as a managed infrastructure service
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Here’s How Asia Has Been Betting Big on the Metaverse
The metaverse, a concept that refers to an immersive virtual environment which mimics aspects of the physical world using technologies such as virtual reality (VR), is taking hold in Asia. Governments and companies across the region are betting big on
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Cyberport Venture Capital Forum to Kick off in a Hybrid Format This Year
The Cyberport Venture Capital Forum (CVCF) will be held on 27-28 October in hybrid format again, with the theme of “Thriving in the Dynamic: Refocusing for Growth”. Cyberport, as the digital technology flagship of Hong Kong, is dedicated to facilitating
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