Tag "HKMA"
Now That The HKMA Faster Payment System is Live, What Does it Mean For Hong Kong?
In an effort to push Hong Kong towards a cashless society, the HKMA Faster Payment System was launched earlier this month To date 21 banks and 10 digital wallet have signed up for the system which includes well known names
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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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HKMA Launches Open API in Hong Kong, Leads by Opening Their Data
After a long deliberation and hearing from 41 different respondents, the Hong Kong Monetary Authority (HKMA) has just published the Open Application Programming Interface (API) Framework for Hong Kong’s banks. The API is one out of the seven initiatives announced
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Abu Dhabi and Hong Kong Advance Fintech Cooperation
Abu Dhabi Global Market, the International Financial Centre in Abu Dhabi, and the Hong Kong Monetary Authority signed a co-operation agreement to jointly promote and enable financial services innovation, and accelerate cross-border FinTech business opportunities in Hong Kong and the
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Hong Kong Monetary Authority Appoints Colin Pou to Build the Fintech Ecosystem
The Hong Kong Monetary Authority (HKMA) announced today recently that the Financial Secretary, on the advice of the Governance Sub-Committee of the Exchange Fund Advisory Committee, has approved the appointment of Mr Colin Pou as Executive Director (Financial Infrastructure) with
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Hong Kong Fintech Week 2017 – Day 3 Highlights
The regulators took centre stage on Wednesday, Day 3 at Hong Kong Fintech Week organised by Invest Hong Kong (InvestHK), which kicked off with an announcement by Hong Kong Monetary Authority (HKMA) Chief Executive Norman Chan of a ground-breaking cross-border Fintech Co-operation Agreement on
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Singapore And Hong Kong Bolster Fintech Ties With Cooperation Agreement
The Monetary Authority of Singapore (MAS) and the Hong Kong Monetary Authority (HKMA) signed an agreement to strengthen co-operation on FinTech between the two cities and foster FinTech development within the region. The Co-operation Agreement (“Agreement”) was exchanged on 25
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A New Era of Smart Banking in Hong Kong
The Hong Kong Monetary Authority (HKMA) unveiled a number of initiatives that prepare Hong Kong to move into a New Era of Smart Banking. In a keynote speech delivered during the Annual Banking Conference of the Hong Kong Institute of
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Hong Kong Launch Fintech Career Accelerator Scheme
The Hong Kong Monetary Authority (HKMA) and the Applied Science and Technology Research Institute (ASTRI) jointly launched the Fintech Career Accelerator Scheme (FCAS) on December 16 to nurture talents to meet the growing needs of fintech in Hong Kong. FCAS is supported
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