Tag "regulation"
Crowdfunding Fails To Take Off In Hong Kong
In recent years, crowdfunding has emerged as a popular way for individuals, startups and businesses to raise funding from a global audience of investors. Crowdfunding refers to the practice of funding a project or venture by raising money from a
Read MoreHong Kong Welcomes New Fintech Regulations And Initiatives
Hong Kong is ramping up its support for fintech and insurtech innovation with new rulings and bold initiatives that are intended to accelerate development and facilitate collaboration. Many of these initiatives are being undertaken by the Hong Kong Monetary Authority
Read MoreNew Report Addresses The Challenges And Opportunities In Taiwan’s Fintech Industry
Although the fintech market in Taiwan is relatively small and still at a very early stage of development, there is huge potential for growth considering Taiwan’s large pool of highly educated and tech-orientated workforce, vigorous entrepreneurship spirit and sophisticated ICT
Read MoreFintech: New Report Urges Hong Kong To Take Proactive Steps
Fintech is set to transform the financial services landscape and presents both opportunities and challenges. But for Hong Kong to capitalize on the trend and become a leading fintech center within the region and one of the leading centers in
Read MoreHong Kong Institutions Fall Behind on Fintech Innovation
Only 51% of Hong Kong institutions have adopted a ‘disruptive’ strategy, compared to 56% globally and 59% in China, according to the PwC Global Fintech Survey 2017. However, 82% of financial institutions in Hong Kong intend to form partnerships with
Read MoreGovernment has Implemented Initiatives to Promote Fintech Application
Secretary for Financial Services & the Treasury Prof KC Chan says the Government has implemented initiatives to promote fintech application, investment and development in Hong Kong. Prof Chan told legislators today the number of fintech-related startups increased from 86 in
Read MoreInsurtech Heats Up In Hong Kong
In Hong Kong, the government has encouraged fintech and insurtech innovation, which it believes will be a key enabler in designing better and more efficient work processes and new business models that will deliver higher growth, cost savings and better
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