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Alibaba’s Ant Group Focuses Efforts To Be Carbon Neutral by 2030
Ant Group announced it will become carbon neutral by 2030, and pledged its support to bring down emissions through technological innovations, joining the urgent global efforts to curb climate change and its devastating effects. The company will also set up
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APAC’s Fintech Investments Hit a Six-Year Low in 2020
KPMG report found that fintech companies in Asia Pacific attracted USD 11.6 billion across 565 deals from venture capital, private equity and M&A in 2020, compared to USD 16.8 billion in 2019, reaching a six-year low. The pandemic saw a
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Cyberport’s HK$10 Million Fintech Subsidy Scheme Open for Applications
Hong Kong digital tech park Cyberport announced that the Fintech Proof-of-Concept Subsidy Scheme, commissioned by the Financial Services and the Treasury Bureau, is now open for applications with the Hong Kong government earmarking HK$10 million for the scheme. The scheme
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HKMA Urges Financial Institutions to Leverage New Digital Identity Platform iAM Smart
Hong Kong’s Office of the Government Chief Information Officer (OGCIO) has launched iAM Smart which provides all Hong Kong residents with a single digital identity and authentication to conduct government and commercial transactions online. All Hong Kong residents can apply
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HKSTP Launches Accelerator to Drive Banking Innovation
Hong Kong Science and Technology Parks Corporation (HKSTP) has launched the Banking, Financial Services and Insurance Accelerator 2021 (BFSI Accelerator). The BFSI Accelerator aims to bridge corporates and innovators to deliver breakthrough technologies and create a wide array of new
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WeLab Bank Appoints Tat Lee as New Chief Executive
WeLab Bank, a virtual bank licensed by Hong Kong Monetary Authority, announces that Tat Lee has been appointed as the new Chief Executive. He succeeds Adrian Tse, who has stepped down from the role for what the bank described as
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Year End Message to Our Readers – Offline from 24th December to the 3rd January
Fintech News Hong Kong would like to take this opportunity to wish all our readers a Merry Christmas and a very Happy New Year. We will be taking a break from the 24th December 2020 to the 3rd January 2021.
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Visa Partners 500 Startups to Launch Accelerator Programme
Visa has announced an accelerator programme for startups across Asia Pacific that are looking to expand their businesses into new markets. Partnering with global venture firm 500 Startups, Visa will select an elite group of up to six startups to
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Banking Software Provider Finantix Makes a Series of Senior Appointments in APAC
Finantix, a provider of digital enabling software for the banking, wealth management and insurance sectors, has announced a series of senior appointments for the APAC region. The three new hires are Frances Ng and Lawrence Yin, joining them as Regional
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Citi’s Accelerator Ropes in Fintech Startups for Digital Economy Solutions
Citi hosted a virtual three-day Mega FinTech Accelerator featuring teams from 12 fintech firms who presented solutions for the digital economy. The three areas of focus were Seamless Payments and Receivables, Future of Open Banking as well as Data Empowerment.
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