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BNY Mellon and Deutsche Bank Integrates Their Chatbots
BNY Mellon and Deutsche Bank today announced the integration of their chatbots built on the Symphony platform which will result in a more seamless flow of information for clients trading securities on the Hong Kong Stock Exchange. The chatbots will
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China’s CEOs More Likely to Collaborate with Startups
CEOs of companies headquartered in mainland China and Hong Kong are optimistic about the growth outlook of the global economy and their companies, and are actively investing in innovative technologies and pursuing M&A to achieve their growth objectives, finds a
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Jack Ma: Alibaba To Invest Over 100 Billion Yuan on Smart Logistics
Alibaba Group will invest over 100 billion yuan to build the technical backbone for a smart logistics network aimed at improving delivery reach and efficiency, as well as sharply driving down logistics costs, said Jack Ma, Executive Chairman of Alibaba
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Rise of The Neo-Banks: Hong Kong Issues New Guidelines for Virtual Banks
The Hong Kong Monetary Authority (HKMA) published today a revised Guideline on Authorization of Virtual Banks (the Guideline) following the completion of a public consultation. During the public consultation, the HKMA received submissions from a total of 25 respondents, including
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Government Efforts Push Fintech Innovation In Guangzhou
China is undeniably the world leader in fintech, hosting some of the most innovative and successful companies in the sector, including Alibaba’s Ant Financial worth a whopping US$150 billion and Lufax, China’s largest online wealth management platform worth an estimated
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Cyberport At The Forefront Of Hong Kong’s Fintech Revolution
Cyberport, which houses the largest fintech community in Hong Kong, has been at the forefront of the fintech revolution as the organization works towards developing the local digital technology industry and turn Hong Kong into a “smart city.” Claiming a
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HSBC Launches Facial-Recognition Banking for Corporate Customers
HSBC Holdings has become one of the first banks in the world to let corporate customers access mobile banking using facial-recognition technology, speeding up the log-in process and increasing account security. Clients can now use Face ID in 24 countries
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The 10th Hong Kong Entrepreneur Day 2018 Opens Next Thursday
Organised by the Hong Kong Trade Development Council (HKTDC), the 10th HKTDC Entrepreneur Day (E-Day) will take place at the Hong Kong Convention and Exhibition Centre (HKCEC) from 17-18 May. Featuring more than 270 exhibitors, the event showcases a wide range of
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6 Citi Open API Partnerships in Hong Kong
Citi announced about 6 strategic partnerships with leading corporations in Hong Kong to accelerate the development of open Application Programming Interface (API) in the city and to make available easy and speedy banking services in response to consumers’ increasingly digital lifestyle.
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Eight Roads Launches US$275 Million Technology Fund for China
Eight Roads Ventures, the proprietary investment arm of Fidelity International Limited, announced the launch of its dedicated technology fund for China. With a fund size of US$275 million it promises to back China’s next generation of tech entrepreneurs and support the
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