In the ever-evolving landscape of banking, even developed markets like Hong Kong face changing customer demands that traditional banks may…
digital banks
China’s WeBank, MYBank and Suning Bank were named the top three leading digital-only banks in Asia-Pacific (APAC), recognized for their…
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,…
In July 2019, the Financial Supervisory Commission of Taiwan (FSC) gave its approval for the establishment of three virtual banks,…