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Is Hong Kong Ready to Go Cashless?
Seeing the popularity of WeChat Pay and Alipay in China, it is easy for some to assume that these mobile payment apps are equally popular in Hong Kong. Unlike China, Hong Kong is still largely a very cash dominant society.
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Top 16 Fintech Investors in Hong Kong and Mainland China
China’s Internet finance industry has boomed in recent years. The country leads the world when it comes to total users and market size, and fintech startups are mushrooming. China contributes to some of the world’s largest investments in the fintech
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MYbank Will Share Its Risk Management & AI Data With 1K Financial Institutions In China
Alibaba-backed MYbank, a Chinese online bank with a focus on lending, announced that it will be opening up its artificial intelligence, computing and risk management capabilities to financial institutions in China, in what is called their Star Plan. Through these
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Ant Financial to Share Full Suite of AI Capabilities with Asset Management Companies
At Financial announced that the Company will share a full suite of AI capabilities with asset management companies in China to support their digital transformation. Following its successful launch last year, Caifuhao, an AI-powered corporate account on the Ant Fortune
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10 Most Well-Funded Fintech Companies in China
China is undeniably the world’s fintech leader, hosting some of the largest and most popular ventures in the field. More than US$20 billion has been invested in Chinese fintech companies since 2014 with funding topping US$1 billion in Q1 2018
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Cyberport At The Forefront Of Hong Kong’s Fintech Revolution
Cyberport, which houses the largest fintech community in Hong Kong, has been at the forefront of the fintech revolution as the organization works towards developing the local digital technology industry and turn Hong Kong into a “smart city.” Claiming a
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Hong Kong’s Small Businesses are becoming more Tech Savvy
Hong Kong small businesses that are investing in technology are enjoying quick returns on their investment, which is leading to the sector topping small businesses from other advanced economies in the adoption of technology. The findings, from CPA Australia’s ninth annual
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Fintech And Blockchain See Strong Rise In Hangzhou
When talking about fintech in China, it is common to hear mentions of hubs such as Hong Kong, Beijing, Shanghai and Shenzhen, but the lesser known city of Hangzhou is quickly catching up with its counterparts. Hangzhou, a startup
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Fintech In China: What To Expect In 2018
Traditional financial centers such as London and New York are witnessing increasing pressure from Chinese cities such as Beijing and Shenzhen which are quickly becoming front runners in the fintech race. By many measures, China can already be considered the world leader
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Adyen Launches Wechat Pay on Point-Of-Sale Terminals to Process Payments for 400m Chinese Consumers
Adyen rolled out WeChat Pay, one of the most popular mobile payment apps in China, allowing Adyen merchants to offer WeChat Pay on their point-of-sale terminals worldwide. This is a key addition to Adyen’s unified commerce solution. Since 2016, consumers have
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