Tag "Livi Bank"
Deep Diving into The Virtual Banking Scene in Hong Kong
Imagine a world where you can access all your banking needs at your fingertips without ever having to step into a physical branch. That’s the promise of virtual banks in Hong Kong – a new breed of digital-only financial institutions
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livi bank and FWD Launches All-In-One Pet Insurance Offering
Hong Kong’s virtual bank livi has partnered with FWD General Insurance (FWDGI) to jointly launch a comprehensive pet insurance offering. Customers can easily apply for the Pet Care offering through the livi app. The insurance covers pet cats and dogs
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livi Reports Strong Growth in 2022, Records HK$3.1 Billion Deposits
Hong Kong’s livi bank, has announced accelerated growth in 2022 driven by revenue-generating offerings in retail banking, small and medium-sized enterprise (SME) banking, and the Greater Bay Area (GBA). The bank’s operating income turned positive in 2022, reaching HK$17 million,
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livi bank Partners With FWD to Roll Out In-App Home Insurance Offering
Hong Kong’s livi bank has partnered with FWD General Insurance to launche a home insurance offering that is available through its app at an annual premium of HK$4202. Application for the Easy HomeCare offering is fully digital and can be completed
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Livi Bank Rolls Out Financing Products, Enables Account Opening for Mainland Visitors
Hong Kong’s virtual bank livi has unveiled new financing products that serve its customers’ financial needs both in their personal and business lives. The Franchise Financing Solutions offered by livi are tailored for individuals who enter into the SME sector in
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Livi Bank First in Hong Kong to Roll Out Mastercard’s Tokenised Payments
Hong Kong virtual bank livi announced an expansion of its collaboration with Mastercard as it became the first bank in Hong Kong to launch Mastercard Token Connect. This is a payment innovation that integrates tokenisation technology with livi’s debit card
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Livi Bank Hops on the BNPL Bandwagon With the Launch of Livi PayLater
livi bank, one of Hong Kong’s eight virtual banks, has introduced a new Buy Now, Pay Later (BNPL) solution with the launch of livi PayLater that offers an instant instalment service with a virtual Mastercard debit card. The livi PayLater
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Virtual Bank Livi Partners With Mastercard to Unveil a New Virtual Debit Card
livi bank, one of Hong Kong’s eight virtual banks, and Mastercard collaborated to unveil a new virtual debit card. livi said that the virtual debit card expands livi’s product line with a goal to support customers’ everyday living anytime, anywhere,
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Virtual Bank Livi Selects Wolters Kluwer’s Solution for Regulatory Reporting
Livi bank has selected Wolters Kluwer, American Dutch information services company, for its Regulatory Reporting solution to manage the bank’s regulatory reporting obligations. livi had recently launched its virtual banking app to Hong Kong customers. The bank is backed by
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Hong Kong’s Eight Virtual Banks: The Progress So Far
The Hong Kong Monetary Authority (HKMA) granted eight virtual banking licenses in the first half of 2019, and at the time, the regulator and the operators expected services to commence within the next six to nine months. Now more than
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