Tag "HSBC"
Open Banking Hong Kong — How Open is Open?
Following the rollout of Open Banking regulations in the UK and the launch this year of the EU’s Payment Services Directive 2 (PSD2), countries across the Asia-Pacific region are following suit to establish their own frameworks to enable banks to
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Bank & FinTech Collaboration Models – How Big Banks Plan Fight the Big Tech Challenge
Sometime around the tail-end of 2010 the banks started realising that something called a FinTech could be a threat to their business. This is a time when some senior executives in the bigger banks were asking the digital leaders if
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8 Startups Selected for Accenture’s 2018 FinTech Innovation Lab Asia-Pacific
Eight fintech companies have been selected for the fifth annual FinTech Innovation Lab Asia-Pacific, a 12-week mentorship program created by Accenture in Hong Kong. The 2018 program received a record number of applications, from more than 160 companies, and comes at
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HSBC Launches Facial-Recognition Banking for Corporate Customers
HSBC Holdings has become one of the first banks in the world to let corporate customers access mobile banking using facial-recognition technology, speeding up the log-in process and increasing account security. Clients can now use Face ID in 24 countries
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StartmeupHK Festival Offers a Glimpse of the Future of Hong Kong’s Vibrant Startup Sector
The third annual StartmeupHK Festival 2018, organised by Invest Hong Kong (InvestHK), ended Friday, 2 February following a week of events covering multiple facets of the start-up sector across a sweep of different industries, giving glimpses of the future while demonstrating
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Winners Of HSBC Safeguard App Competition Announced
HSBC held mid of December the HSBC Safeguard App Competition ‘Demo Day’ at the Bank’s Hong Kong headquarters and announced the results of the competition. Part of the HSBC Safeguard programme, a global initiative spearheading the Bank’s efforts to fight financial
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More Banks Shut as Digital Banking Takes Over
The way in which we bank is changing. Bricks and mortar branches are expensive to run with high rents, salaries, and dedicated tech installations. Some of the challenger banks have no physical presence and there is an abundance of customers
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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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HSBC Launches New R&D Lab For Fintech in Hong Kong
HSBC and the Hong Kong Applied Science and Technology Research Institute (ASTRI) launched a research and development innovation laboratory on Monday, the latest in a series of initiatives to boost the development of financial technology (fintech) in the city. The
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