Archive
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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InterSystems Survey Highlights Data and Tech Obstacles for Financial Services in Asia Pacific
Financial services firms across the Asia Pacific are facing an ever-increasing array of data and technology challenges stemming from both the growth in the volume of customer and business data being generated and the proliferation of data siloes across different
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Airwallex Clinches E-Payment License in China via Acquisition
Cross border payments firm Airwallex has secured a payment business license in China, following the successful acquisition of a 100% stake in Guangzhou Shang Wu Tong Network Technology, an information and online payment services company. Shang Wu Tong Network Technology
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HKEX to Set Up Its First European Office in London by 2023
Hong Kong Exchanges and Clearing Limited (HKEX) will be opening an office in London in the first half of 2023 to extend its international reach beyond its existing offices in Beijing, New York, Shanghai and Singapore. Preparatory work to open
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HSBC Visa Credit Card Customers Can Now Opt For BNPL Option at Checkout
HSBC announced that its Visa credit card customers can now opt for “Visa Instalments” to pay at selected online stores of designated merchants. They can pay by dividing the spending amount into smaller equal payments under instalment plans that offer
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