Tag "ZA Bank"

Virtual Bank ZA Enters the SME Market

ZA Bank announced the launch of their business banking which they say leverages “ZME Revolving Loan”, an unsecured business revolving loan, to help small and medium-sized enterprises (SMEs) of various industries overcome business constraints. In their media statement, they said

Read More

Virtual Bank ZA Has Gained 300k Users Ahead of Its 1st Year Anniversary

ZA Bank, one of Hong Kong’s eight virtual banks, announced that it has now gained 300,000 users in time for its upcoming first year anniversary. ZA Bank was the first to have a soft launch of its virtual banking services

Read More

ZA Bank First Virtual Bank Granted License to Be a Fully Digital Insurer

ZA Bank has been granted an Insurance Agency License from the Hong Kong Insurance Authority (IA), allowing it to act as an agent of ZA Insure, a fully digital insurer under the ZA brand. The move sees ZA Bank become

Read More

Hong Kong’s ZA Bank Selects Accuity’s Regtech Solution

Hong Kong based ZA Bank announced that it has selected Accuity, provider of financial crime screening, payments and counterparty know your customer (KYC) solutions. The virtual bank has implemented Accuity’s screening solution to improve customer experiences, and at the same

Read More

Hong Kong’s Eight Virtual Banks: The Progress So Far

The Hong Kong Monetary Authority (HKMA) granted eight virtual banking licenses in the first half of 2019, and at the time, the regulator and the operators expected services to commence within the next six to nine months. Now more than

Read More

Wolters Kluwer Bags ZA Bank as a Customer for Its Regtech Solutions

ZA Bank, the first virtual bank in Hong Kong, has chosen Wolters Kluwer’s OneSumX for Regulatory Reporting as its regulatory reporting software. Their media statement describes OneSumX for Regulatory Reporting combines bank data into a single source of data to

Read More

ZA Bank Becomes First Virtual Bank to Fully Launch in Hong Kong

ZA Bank announced today that they are now a fully operational virtual bank with the launch of their ZA Go savings product, which according to them, enables customers to “grow their wealth in this ultra-low interest environment”. They further stated

Read More

ZA Bank Picks Fiserv to Power its Cards Payments

Fiserv, a global tech vendor for financial services and ZA Bank the first virtual bank to soft launch in Hong Kong announced today that the bank will be using Fiserv to power its entire card payment lifecycle which includes; origination, card

Read More