Archive
Animoca Brands to Invest US$30 Million in Web3.0 Super App hi
Metaverse ecosystem builder Animoca Brands will invest US$30 million in Web3.0 financial super app and ecosystem hi as part of its partnership to expand the utility of fungible tokens and NFTs within the Web3 space. Animoca said in a statement
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Ant Group Names Peng Yang as New President of International Business Group
Chinese fintech giant Ant Group has appointed its Peng Yang as the President of the company’s International Business Group (IBG). He succeeds Angel Zhao who is stepping down for personal reasons. Since the beginning of 2023, Ant’s IBG has seen
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What It’s Like Working in the Fast-Paced Hong Kong Fintech Jobs Market
With a dedicated and longstanding commitment to an innovation-enabled financial landscape, the fintech jobs environment in Hong Kong is significantly developed and advanced. The territory has gained significant attention by focusing on developing intricate systems for digital banking, finance, insurance,
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Identity Verification Firm Sumsub to Establish APAC HQ in Singapore
Identity verification platform Sumsub announced its plans to make Singapore its APAC headquarters with the aim to forge vital partnerships and serve new clients in the island-state and Hong Kong among other countries in the region. Sumsub said that this move
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Navigating Uncertainty with Robust Payment Solutions
In the dynamic global marketplace, businesses encounter a multitude of uncertainties and variables. Market trends undergo fluctuations, technology advances rapidly, consumer preferences subtly shift and change frequently, and economies can take unpredictable turns. Businesses must integrate resilience into their strategic
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Demand for Digital Asset Custody On Rise from Asia’s Institutional Investors
In Hong Kong, the digital asset sector continues to experience rapid development and innovation, driven by the government’s supportive stance in fostering the growth of the sector. This has opened up new opportunities for institutional investors that extend beyond he
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Unveiling the Secrets of CD Rates: How to Secure Higher Returns on Your Investment
Saving for the future is critically important, especially during economic uncertainty. One proven method to build long-term financial security is investing in Certificates of Deposit (CDs). CDs can be an invaluable asset in your portfolio with their low-risk and high
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Dynamic Data Streamlines Customer Experience, Fights Fraud in Digital Banking
As the digital economy continues to surge and expand, consumer expectations for fast, secure access to products and services seem never-ending. Furthermore, when it comes to financial services, there is an entire generation of consumers cropping up who have barely
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SMBC, Global Brain Raise US$210 Million Fund to Create Japanese Unicorns
Japan’s Sumitomo Mitsui Banking Corporation (SMBC) along with its investment arm SMBC Venture Capital Management (SMBC VCM) and venture capital firm Global Brain has jointly set up a fund worth JPY 30 billion (US4210 million). The “SMBC-GB Growth Fund” aims
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China Imposes Nearly US$1.5 Billion in Fines on Tencent, Ant Group
China has imposed hefty fines on tech giants Tencent and Alibaba’s fintech arm Ant Group for multiple violations, signaling a close to the regulatory crackdown on the sector. Ant Group and its subsidiaries were slapped with a 7.123 billion yuan
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