AMTD is reportedly keen to apply for Singapore’s virtual banking license. In an interview with local Singaporean media, its CEO…
Virtual banking
HKMA’s virtual banking license pave the way for the rise of virtual banking in Hong Kong — check out the latest stories here
Speaking at the Hong Kong Institute of Bankers Conference yesterday, Deputy Chief Executive Officer of HKMA, Arthur Yuen said that…
As Asia goes through our own virtual banking revolution, looking to our western counterparts may provide hints as to where…
South Korea’s Financial Services Commission (FSC), the government’s top financial regulator, will resume a new round of procedures for granting…
Taiwan’s Financial Supervisory Commission is said to have issued it virtual banking licences to three consortiums, according to a report…
Infinium Limited, the virtual bank jointly owned by Tencent, Hong Kong Exchanges and Clearing, Hillhouse Capital and Perfect Ridge today…
It’s been several months now since the Hong Kong Monetary Authority (HKMA) announced the 8 licensees granted approval to operate…
Due to the worryingly slow development of digital banking in Hong Kong, regulator Hong Kong Monetary Authority (HKMA) granted virtual banking…
Hong Kong is expected to see a boost in fintech activity after a relatively disappointing year in 2018 as the…
UPDATE: Four of Hong Kong virtual banks have since launched, check out our latest article to find out the progress…
The Hong Kong Monetary Authority (HKMA) issued virtual banking rights to 4 more companies: Ant SME Services (Hong Kong) ,…
Virtual banks have finally made an inroad into Hong Kong’s financial industry. The Hong Kong Monetary Authority (HKMA) has begun…
WeLab has been granted a virtual banking license by the Hong Kong Monetary Authority (“HKMA”), becoming the first homegrown Hong…
The virtual banking race is on for different regions across the globe, and the Hong Kong Monetary Authority (HKMA) has…
The fintech startup Neat, a digital banking alternative, has been granted a Money Lender’s License in Hong Kong, which marks…
The Hong Kong Monetary Authority (HKMA) announced today that three companies have been granted virtual banking licences: Livi VB, SC Digital,…
The Hong Kong Monetary Authority (HKMA)’s decision to set up the virtual license is often seen as a strategic move,…
According to a study conducted by JD Power, 54% of customers don’t fully trust their primary banks, which the study…
Since its announcement in early 2018, HKMA’s virtual banking license has attracted strong interest from the industry to seek regulatory…
Hong Kong-based challenger bank Neat, announced a US$3 million funding round led by China-based VC Linear Capital, an early stage…