Tag "Hang Seng Bank"

HKMA Initiates Project Ensemble Architecture Community to Boost Tokenisation Market

The Hong Kong Monetary Authority (HKMA) announced the creation of the Project Ensemble Architecture Community (the Community), a collaborative initiative to shape standards and provide suggestions to support the development of Hong Kong’s tokenisation market. The Community aims to develop

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Hang Seng Bank Introduces PayDay+ for Payroll Account Customers

Hang Seng Bank has introduced PayDay+, a new service for customers who transfer their payroll accounts to the bank. This service offers a Hong Kong Dollar savings rate of up to 6 percent per annum. This initiative responds to customer

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Hang Seng Bank Unveils HK$33 Billion Fund to Support Hong Kong SMEs

Hang Seng Bank announced the HK$33 billion SME Power Up Fund to bolster the growth, cross-border development, and sustainable advancement of small and medium-sized enterprises (SMEs) in Hong Kong. The fund addresses the challenges SMEs face today, from cash flow

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The Top 5 Fintech Trends that Will Dominate Hong Kong in 2024

Hong Kong, a key player in Asia’s financial sector, is progressively establishing itself in the global fintech scene, characterised by continuous technological advancements in finance. The top fintech trends in Hong Kong shaping this growth include the rise of digital

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Hong Kong Calls for Greater Bank Participation in Digital Yuan Initiative

During a recent fintech conference held in Shenzhen, Christopher Hui, Hong Kong’s Secretary for Financial Services and the Treasury, emphasised the growing importance of the digital yuan and called for the active participation of “more Hong Kong banks” in this

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Three More Banks Join China’s Digital Yuan Initiative

The participation of foreign banks in China’s digital yuan initiative, known as the e-CNY, has expanded with the addition of three more banks, reports Cointelegraph. This development follows the earlier integration by Standard Chartered on 27 November (Monday), making a

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Hang Seng Bank Partners Chubb to Offer Its Customers General Insurance Products

Hang Seng Bank, a principal member of the HSBC Group, has partnered with global insurer Chubb to provide its Hong Kong customers with a comprehensive range of personal and commercial general insurance products and solutions. The 15-year distribution agreement will

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Hong Kong Banking Giant Hang Seng Bank Ramps Up Innovation Push With Cyberport Alliance

Local banking giant Hang Seng Bank is ramping up its innovation push, teaming up with digital tech park Cyberport to empower young and promising startups, gain exposure within the innovation company community, and support those looking to expand across the

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Hang Seng’s Virtual Assistant H A R O is Now Available on WhatsApp

Hang Seng announced that its retail banking virtual assistant H A RO has just been made available on the instant messaging platform, WhatsApp. The bank’s customers will be able to message H A R O to get the most up-to-date

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Hang Seng Bank To Enable Cardless Withdrawals at 600 ATMs in Hong Kong

Soon you’ll only need your mobile phone to withdraw from one of Hang Seng Bank’s 600 ATM machines in Hong Kong. Hang Seng will be launching its mobile cash withdrawal service powered by NFC and QR codes some time this

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