Tag "Hong Kong"
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
Read MoreHow 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
Read MoreChina’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
Read MoreHong 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
Read MoreHow 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
Read MoreBlockchain 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.
Read MoreTop 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
Read MoreApple Pay Emerges as Preferred Mobile Wallet in Hong Kong: Study
Apple Pay have emerged as the most popular mobile wallet in Hong Kong with about 29% of residents saying it was their main mobile wallet, according to the 2018 Hong Kong Retail Banking Satisfaction Study by JD Power, a global
Read More11 Upcoming Fintech Events in Hong Kong and Shenzhen in 2019
Fintech continues its momentum in Asia. In the first half of 2018, fintech companies in the region raised US$16.8 billion in funding with China and India dominating the top 10 deals, and blockchain and artificial intelligence (AI) remaining key priority
Read MoreHow China’s Fintech Giants are Tapping into a US$ 600 Billion Market
China’s tech giants Alibaba and Tencent are going after global remittances, a market that sees more than US$600 billion being moved around the world annually, according to the World Bank. The two firms recently launched cross-border money transfer services to
Read More