Tag "Huawei"

Octopus Cards Shifts Towards Digital Wallets on Smartphones

Octopus Cards Limited is facilitating a shift towards digital payments in Hong Kong, encouraging the transition from the traditional physical Octopus cards to a smartphone-based wallet. This strategic move is in response to the changing dynamics of the payment system

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Cyberport and Huawei Cloud to Develop “Web3 Industry Cloud” Platform

Cyberport has signed a Memorandum of Understanding (MoU) with Huawei Cloud, marking a significant step towards enhancing Hong Kong’s digital innovation and technology sector. This collaboration aims to develop a “Web3 Industry Cloud” platform, bolstering the infrastructure for local Web3

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Hong Kong Allocated HK$200B to Advance Key Sectors Including Fintech and AI

The Hong Kong government is actively working to establish the city as a fintech hub through various strategic initiatives. Significant investments have been made, with HK$200 billion allocated to innovation and technology development in recent years. Specific plans were highlighted

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Ant Group Partners with Huawei to Develop Alipay App on HarmonyOS Platform

Ant Group, the fintech affiliate of Alibaba Group Holding, and Shenzhen-based Huawei Technologies are embarking on a collaborative venture to develop a dedicated version of Ant’s flagship mobile payment application, Alipay, for HarmonyOS, Huawei’s native smartphone operating system. The collaboration

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Huawei Wallet Rolls Out Beta for Virtual Medical Card Feature in China

Huawei has launched a beta version of its wallet app which will allow its users to test an early version of the virtual medical insurance card. The virtual medical insurance card feature is jointly developed by Huawei Wallet, the National

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Huawei Vows To Enable Digital Ecosystem-Based Finance in APAC

Huawei held its first virtual Asia-Pacific Intelligent Finance Summit 2021 with the theme “Accelerate Digital Transformation in Banking, New Value Together” on 29 July 2021. As economies across the Asia-Pacific region continue to recover and rebound, leading banks and financial

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Intelligently Manage Money with Mobility

Technology has been changing behaviour of people. Many are showing significance reliance on the Internet – mobile network in particular – more than ever. At the same time, technological innovations are led by such behavioural changes. Indeed, successful innovations need

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Changing the World With Bank of Things

Digital transformation is now everywhere, as every industry is actively adopting advanced information and communications technology (ICT) while changing business practices. The digital economy is extending its presence with speed, ease of access, as well as the power penetration that

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Huawei and IDC’s Banking Resilience Index Uncovers How FIs Responded to COVID-19

A new whitepaper by Huawei and the International Data Corporation (IDC) looks at how banks around the world have responded to the COVID-19 pandemic and identifies the way forward in the new normal. In a report titled Banking Industry Rises

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Financial Institutions Turn to Huawei’s Converged Data Lake Solution to Accelerate Banking Innovation

Like many other areas of the economy, the financial services sector is undergoing a data revolution. Every day, the global banking industry generates massive amounts of data by processing hundreds of billions of financial transactions as well as through interactions

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