Archive
Hang Seng Bank Partners Chubb to Offer Its Customers General Insurance Products
Hang Seng Bank, a principal member of the HSBC Group, has partnered with global insurer Chubb to provide its Hong Kong customers with a comprehensive range of personal and commercial general insurance products and solutions. The 15-year distribution agreement will
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Mobilewalla LendBetter: The Future of Lending for New-To-Credit Prospects
Financial inclusion and credit access are essential for driving economic growth and improving livelihoods in numerous emerging markets, including South Asia. However, extending credit to underbanked and unbanked populations comes with inherent risks, especially when dealing with new-to-credit customers who
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Fusion Bank’s Investment Service Is Now Live
Fusion Bank has announced the launch of its investment service to enable its users to invest in global funds with subscription thresholds as low as HK$10 (US$1). The bank said that its customers can activate the investment service in five
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Korea’s E9Pay Partners With Shinhan Bank for to Offer Remittance Services
Cross-border payments company E9Pay announced that it has partnered with South Korea’s Shinhan Bank for overseas remittance and payment services. Through this partnership, E9Pay and Shinhan Bank will collaborate to develop a payment system that will allow foreigners residing in Korea
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Here are 5 Home-Grown Fintechs Featured at the Asian Financial Forum 2023
Hong Kong has established itself as a leading hub for startups in recent years, with a thriving ecosystem that encourages innovation, agility and diversity. According to InvestHK’s Startup Survey 2022, Hong Kong is the home to over 3,900 startups with
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Rakuten Bank All Set for Japan IPO in April
Japan’s Rakuten Bank will be listed on the Tokyo Stock Exchange on 21 April which will place its value at approximately 305 billion yen (US$2.31 billion), according to a Reuters report. Rakuten is looking to is looking to sell off
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Fusion Bank Launches Business Banking Services
Fusion Bank has launched Business Banking Services for local small and medium-sized enterprises (SMEs) to help them with their digitisation plans. The offering includes diversified banking services including multi-currency savings accounts, time deposits, local transfers via the Faster Payment System
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HKEX Appoints Rona Fairhead, Megan Greene to International Advisory Council
The Hong Kong Exchanges and Clearing Limited (HKEX) has appointed Baroness Rona Fairhead and Megan Greene for an initial term of three years to its international advisory council. Established in 2019, the council comprises experts in economics, business, technology and
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Blockchain Enters New Stage of Development in China, New Report Shows
China, a world leader in blockchain, is entering the next stage of the industry’s development with blockchain being now increasingly integrated with other emerging technologies, including artificial intelligence (AI), big data and the Internet of Things (IoT), a new report
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11 Must-Attend Fintech Events in Hong Kong in 2023
After more than two years with its borders closed, Hong Kong has finally loosened its pandemic-related restrictions, first, by reopening to non-residents May 1, 2022, and then, in September 2022, by removing quarantines for arrivals. Most recently, Hong Kong and
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