Financial Inclusion
TransUnion Hong Kong, Baihang Credit to Promote Financial Inclusion in GBA
Consumer credit reporting agency TransUnion has partnered with a Baihang Credit, Chinese licensed personal credit reference agency, to promote financial inclusion in the Greater Bay Area (GBA). This partnership will enable mainland consumers to have efficient and convenient access to
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Huawei Eyes APAC Fintech, E-Commerce Startups with New US$100M Commitment
Over the next three years, Huawei will be committing US$100 million into its Spark program in Asia Pacific (APAC), a startup program aimed at supporting young ventures in the fields of fintech, e-commerce, energy, manufacture and smart city. In particular,
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Intelligently Manage Money with Mobility
Technology has been changing behaviour of people. Many are showing significance reliance on the Internet – mobile network in particular – more than ever. At the same time, technological innovations are led by such behavioural changes. Indeed, successful innovations need
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Tencent’s WeBank App Now Accessible for Visually Impaired Users in China
Tencent’s WeBank, a digital-only bank in China, announced that has enabled accessibility features on its app to ensure visually impaired Chinese citizens can easily access its banking services in conjunction with the White Cane Safety Day on 15 October. According
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Huawei Developer Conference: Brett King Talks Financial Inclusion, Banking 4.0, and More
At the 2020 Huawei Developer Conference held earlier this week, fintech influencer, best-selling author, and entrepreneur Brett King joined the finance tech.session to talk about the role of technology to improve financial inclusion and shared his views on how banking
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IFC and Alipay Announce 10×1000 Tech for Emerging Market Inclusion Programme
International Financial Corporation, a member of the World Bank Group, and Ant Financial, the operator of Alipay, jointly announced the 10×1000 Tech for Inclusion programme at the 2018 Annual Meetings of the International Monetary Fund and the World Bank Group.
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Neat Receives 2 Million USD in Fresh Funding, Launches Digital Banking for Corporates
Neat, a Hong Kong-based digital alternative to a traditional bank, announced a USD 2 Million funding round from Singapore-based investor Dymon Asia Ventures, and Portag3 Ventures based in Montreal – the latter making its first investment in Asia. Neat’s Thrust
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Hong Kong Monetary Authority Appoints Colin Pou to Build the Fintech Ecosystem
The Hong Kong Monetary Authority (HKMA) announced today recently that the Financial Secretary, on the advice of the Governance Sub-Committee of the Exchange Fund Advisory Committee, has approved the appointment of Mr Colin Pou as Executive Director (Financial Infrastructure) with
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New Report Analyzes China’s Impressive Trajectory Toward Universal Financial Inclusion
China has achieved remarkable success in financial inclusion over the last 15 years. Traditional financial service providers have dramatically increased the reach of the formal financial sector, including through the world’s largest agent banking network. China has also been a
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