Tag "Standard Chartered Bank"
Sidney Wang Appointed by Standard Chartered as Market Head in Hong Kong
Standard Chartered has appointed Sidney Wang as Managing Director and Market Head for Greater China in its Private Banking division. With over 20 years of experience in banking and wealth management, Sidney will be based in Hong Kong and report
Read MoreHong Kong Calls for Greater Bank Participation in Digital Yuan Initiative
During a recent fintech conference held in Shenzhen, Christopher Hui, Hong Kong’s Secretary for Financial Services and the Treasury, emphasised the growing importance of the digital yuan and called for the active participation of “more Hong Kong banks” in this
Read MoreStandard Chartered Joins China’s Digital Yuan Pilot as First Foreign Bank
Standard Chartered’s China division has joined the digital renminbi business pilot, making it one of the first foreign banks to do so. Standard Chartered, in collaboration with City Bank Clearing Services, announced the introduction of exchange services for China’s central
Read MoreStandard Chartered Spends HK$60 Million to Support the Launch of Fintech Academy with HKU
The University of Hong Kong and Standard Chartered Bank jointly announced the establishment of a Fintech Academy with the latter offering HKD$ 60 million to support the launch of this initiative. The HKU-SCF Fintech academy is said to leverage the
Read MorePing An’s New Project With HKMA is a Blockchain-Powered Trade Finance Platform
Ping An Insurance delivered Hong Kong’s first blockchain-based international trade finance platform, eTradeConnect. The platform was initiated by seven founding banks in Hong Kong and facilitated by the Hong Kong Monetary Authority (HKMA). Leveraging blockchain’s distributed ledger technology, financial institutions
Read MoreOpen 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
Read MoreAlipayHK and GCash Launch Cross-Border Remittance Service on Blockchain
AlipayHK and GCash announced the launch of a cross-border remittance service through their e-wallet platforms, powered by blockchain technology developed by Alipay, the online payment platform operated by Ant Financial Services Group. Alibpay claims that this is the first blockchain-based
Read MoreThe 8 Finalists for SuperCharger FinTech Accelerator 2.0
As an indication of the rising FinTech trends in Asia, wealth management, regulatory technology (RegTech), artificial intelligence, cybersecurity and blockchain were the areas with the most compelling submissions for the 2017 SuperCharger FinTech Accelerator 2.0 programme, Hong Kong’s 12-week
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