Wecash, a Beijing-based fintech start-up has teamed up with Japanese financial firm ORIX and Hong Kong property developer SEA Group to apply for…
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
Open banking is gaining traction globally fueled by regulations like the EU’s PSD2 and the UK’s CMA Open Banking, a…
Hong Kong is gearing up for the arrival of virtual banks, or financial institutions without physical branches. The Hong Kong…
The Hong Kong Monetary Authority (HKMA) published today a revised Guideline on Authorization of Virtual Banks (the Guideline) following the…
The Hong Kong Monetary Authority (HKMA) published today a revised Guideline on Authorization of Virtual Banks for public consultation. As…
The Hong Kong Monetary Authority (HKMA) unveiled a number of initiatives that prepare Hong Kong to move into a New…