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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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Finastra Expands Its Reach With New Office at Cyberport Hong Kong

Finastra, London-based financial services software provider, has established an office at Cyberport in Hong Kong. Cyberport is a digital community has been in operation since 2004 with more than 1,500 companies in its network, among which nearly 400 are fintech

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What Happened to Fintech Hong Kong’s Previous Pick of the Hottest Fintech Startups?

End of 2018 we named the 19 fintech startups we believed were the hottest fintechs in Hong Kong. Fast forward 2 years, we look back at these fintech companies to see what they’ve been up to and have nominated 15

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15 Fintech Startups From Hong Kong to Watch Out for in 2021

Hong Kong is currently home to more than 600 fintech companies with 76% of them focusing on the business-to-business (B2B) market. These companies leverage technologies including big data, artificial intelligence (AI), blockchain, insurtech, regtech, credittech, and wealthtech to serve the

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