Virtual Banking
Tencent’s Fusion Bank Signs on More Than 10,000 Customers Within 2 Weeks of Launch
Within 2 weeks of the public launch of Fusion Bank, the last of the eight virtual banks licensed by the Hong Kong Monetary Authority, the virtual bank has managed to secure over 10,000 customers. Previously known as Infinium Limited, the
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The Last Virtual Bank in Hong Kong Launched
Fusion Bank, Hong Kong’s virtual bank jointly owned by Tencent, Hong Kong Exchanges and Clearing, Hillhouse Capital and Perfect Ridge, has announced the full public launch of its banking services. Previously known as Infinium Limited, the virtual bank had soft-launched
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WeLab Bank Goes Live With Temenos’ Multi-Cloud Solution
Temenos, the banking software company, announced that WeLab Bank, Hong Kong-based virtual bank, has publicly launched using cloud-native Temenos Transact to provide a range of next generation digital services for their customers. Designed, built and launched in less than 10
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Tencent’s WeBank App Now Accessible for Visually Impaired Users in China
Tencent’s WeBank, a digital-only bank in China, announced that has enabled accessibility features on its app to ensure visually impaired Chinese citizens can easily access its banking services in conjunction with the White Cane Safety Day on 15 October. According
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Virtual Bank Airstar Names Ronald Iu as Its New Chief Executive
Airstar Bank, one of Hong Kong’s new virtual banks, announced the appointment of Ronald Iu as the new Chief Executive, succeeding Dr. Frederic Lau. Airstar Bank has also appointed Dr. Frederic Lau as an advisor of the bank and he
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Taiwan’s First Virtual Banks: The Progress So Far
In July 2019, the Financial Supervisory Commission of Taiwan (FSC) gave its approval for the establishment of three virtual banks, though none of them have launched yet. Line Bank, a consortium led by Japan’s Line, was amongst the three companies
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Connecting People With Finance: Empowering the Financial Industry in the Intelligent Mobile Era
In the intelligent mobile era, Huawei — with its vision, insights, solutions, ecosystems, and experts — is uniquely positioned to create new value. The global outbreak of COVID- 19 has disrupted the lives and businesses of countless people, and the
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Ant Group Launches its Virtual Bank Ahead of Its IPO
Ant Bank, part of Ant Group, has officially launched to offer banking services to Hong Kong citizens. Ant Bank was one of the 8 recipients of the virtual banking license by the Hong Kong Monetary Authority (HKMA), this launch makes
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Closing the Funding Gap for SMEs: Redefining Finance for Good in Asia
The wide-ranging impacts of the COVID-19 pandemic have brought many of the world’s problems into sharp focus and increased the urgency to create better outcomes for society as a whole. In Asia, a region with some of the world’s fastest
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Huawei Developer Conference: Brett King Talks Financial Inclusion, Banking 4.0, and More
At the 2020 Huawei Developer Conference held earlier this week, fintech influencer, best-selling author, and entrepreneur Brett King joined the finance tech.session to talk about the role of technology to improve financial inclusion and shared his views on how banking
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