Tag "Hong Kong"

An Overview of Digital Wallets in Hong Kong in 2020

Hong Kong has been pushing for greater development and adoption of digital and mobile payments with the Hong Kong Monetary Authority (HKMA) beginning issuing stored value facilities (SVF) licenses in 2016 and virtual banking licenses in March 2019. Over the

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A Review of Hong Kong’s Fintech Developments in 2019

Hong Kong, one of the world’s leading international financial centers, has a burgeoning fintech ecosystem with more than 600 companies, a large pool of investors and acceleration programs, and a supportive government that has committed to establishing a favorable environment

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Deloitte Names Hong Kong’s Fastest-Growing and Most Promising Tech Companies

Deloitte has announced its selection of this year’s winners of the Hong Kong Technology Fast and Rising Star Program, which recognizes the fastest-growing and most promising technology companies in Hong Kong, as well as the two winners of the Hong

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News Roundup: Hong Kong Fintech Week 2019, Product Launches and More

Last week, the Hong Kong Fintech Week returned for its annual week-long fintech gathering. The event, which brought together more than 8,000 attendees for one of the region’s biggest fintech events, was the opportunity for industry stakeholders to make some

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How Hong Kong Ascended to Being Among The Best Fintech Hub in The World

Hong Kong has climbed its way to be shoulder to shoulder with some of the world’s best fintech hubs. The recent report on global fintech hubs by Cambridge Centre for Alternative Finance indicates that Hong Kong ranks among the top

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China’s New Cryptocurrency to be Tested in Shenzhen

China’s State Council and the Central Committee of the Communist Party of China have released a detailed plan for wide-ranging reforms to be implemented in Shenzhen. The new guideline, released last week, outlines Beijing’s plan to turn Shenzhen into “one

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Hong Kong Needs More Than Lip Service to Grow Blockchain, Says Local Founder

After his blockchain panel at the Internet Economy Summit last week, we had a chance to sit down with trustMe, a local player in the blockchain scene with a focus on bringing the technology to SMEs in Hong Kong. Steven

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How Does Hong Kong’s Digital Lending Scene Compare to The Disaster in China

P2P lending and digital lending has been on the rise lately, with many countries moving to regulate the space. Conventional digital lending has been met with far less controversy than its counterpart P2P lending. While P2P lending has been created

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Blockchain Hong Kong Ecosystem Map 2019

The Fintech Association of Hong Kong’s Blockchain Committee has launched its mapping of the city’s companies engaged in blockchain. The map was built by contribution of many of the organization’s members and lead by a working group of the committee.

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Top Wealthtech Startups in East Asia

Fintech companies focused on wealth management continue to gain popularity over traditional advisors. Also referred to as wealthtechs, these companies are tapping into untapped markets within the wealth management industry and focus on customer’s demands for higher returns and transparent

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