In the ever-evolving landscape of banking, even developed markets like Hong Kong face changing customer demands that traditional banks may…
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With a strong capital pool and supportive government-led policies, Hong Kong has offered a solid foundation for companies to innovate,…
Hong Kong continues to pursue its fintech ambitions, accelerating efforts related to regtech and central bank digital currency (CBDC). Meanwhile,…
By 2025, Hong Kong’s virtual banks are expected to amass 44,182 small and medium-sized enterprise (SME) customers, a client base…
Despite advantages including cheaper operational costs and backing from tech firms with deep pockets, Hong Kong’s digital banks will face…
By 2025, virtual banks could be serving a total of 1.9 million customers, or 24.9% of the Hong Kong population,…
Hong Kong’s fintech industry continued to grow in 2020, on the back of rising adoption by incumbents and a rapidly…
Around the world, the COVID-19 crisis has forced banks and their customers to turn to digital tools and processes to…
End of 2018 we named the 19 fintech startups we believed were the hottest fintechs in Hong Kong. Fast forward…
In Hong Kong, virtual banking is bringing in new opportunities to serve the financially underserved, a segment new entrants including…
The Hong Kong Monetary Authority (HKMA) granted eight virtual banking licenses in the first half of 2019, and at the…
WeLab Bank, a homegrown virtual bank licensed by the Hong Kong Monetary Authority (HKMA), will launch a numberless bank card…
Ping An OneConnect Bank (PAOB) announced its pilot trial under the Fintech Supervisory Sandbox (“FSS”) of the Hong Kong Monetary…
WeLab Bank Limited has commenced a pilot trial under the Hong Kong Monetary Authority’s (“HKMA”) Fintech Supervisory Sandbox (“FSS”). During…
The Ministry of Science and Technology (MoST) today announced the launch of the Taiwan Tech Arena (TTA). Located in the…
Fintech News Hong Kong covers stories about the Fintech Ecosystem – i.e. Mobile Payment, Personal Finance, Bitcoin, Blockchain, Regtech, Robo Advisor…