Fintech News Hong Kong

Deep Diving into The Virtual Banking Scene in Hong Kong

Imagine a world where you can access all your banking needs at your fingertips without ever having to step into

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Job Cuts Hit Morgan Stanley and HSBC in China and Hong Kong

In a move reflecting the challenging market conditions in the Asia-Pacific region, particularly in Hong Kong and China, global investment

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Endowus Launches Full-Service Wealth Management Platform in Hong Kong

Endowus, an independent digital wealth advisor in Asia, has officially launched its comprehensive wealth management platform in Hong Kong. The

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Mox Bank Names Igor Lau as Chief Customer Officer

Mox Bank has appointed Igor Lau as the new Chief Customer Officer (CCO), effective 1 April 2024. Igor Lau steps

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Financial Services Are Among The Most At Risk For Digital Fraud in Hong Kong

In Hong Kong, financial services ranked second among the most targeted industries for suspected digital fraud last year, tied with

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Three Chinese Firms Gets Nod to Launch Bitcoin and Ethereum ETF in Hong Kong

Hong Kong has taken a significant step by granting initial approvals to three Chinese asset managers to launch exchange-traded funds

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ZA Bank Leverages Technology to Expedite Loan Approvals for Global Payments Merchants

ZA Bank has launched a new business loan in collaboration with Global Payments Asia-Pacific (Hong Kong) Limited, a subsidiary of

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Financial Secretary Paul Chan Outlines Future Path for Hong Kong’s Digital Economy

During the Perspective and Vision Forum at the Digital Economy Summit 2024, Financial Secretary Paul Chan provided an in-depth look

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HKMA Eddie Yue Discusses Hong Kong’s Role in Shaping the Future of CBDCs

Eddie Yue, Chief Executive of the Hong Kong Monetary Authority (HKMA), shared his thoughts on the future of money and

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Global Efforts Curb Crypto Hacks and Fraud, But Challenges Remain in Hong Kong

In 2023, the cryptocurrency ecosystem saw a significant decline in illicit activity, according to data from TRM Labs.  Despite the

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Tencent Rolls Out Weixin Pay Enhancements for International Visitors in China

Tencent has announced comprehensive enhancements to its payment platform, Weixin Pay, aimed at improving the experience for visitors to mainland

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How PayMe by HSBC is Shaping Digital Payment Usage in Hong Kong

The rise of digital payment solutions has significantly transformed Hong Kong’s financial landscape, with consumers increasingly adopting mobile wallets and

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Hong Kong Set to Launch Asia’s First Spot Bitcoin Exchange-Traded Funds

The Securities and Futures Commission (SFC) of Hong Kong is anticipated to announce the approval of the city’s first spot

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Hong Kong Unveils Enhanced Anti-Scam Charter 2.0 to Combat Digital Fraud

The Hong Kong Monetary Authority (HKMA) and the Hong Kong Association of Banks (HKAB) have launched the Anti-Scam Consumer Protection

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In Asia, E-Wallets Are Fast Becoming The Preferred Payment Method for The People

E-wallets remained popular among consumers in Asia-Pacific (APAC), maintaining their position as the preferred payment method for online shopping and

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HashKey Group Sets Sights on Surpassing Coinbase with Launch of HashKey Global

HashKey Group, an operator in Hong Kong’s licensed cryptocurrency exchange market, has expanded its offerings with the initiation of HashKey

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Ant Group Rolls Out International Zones with Global E-Wallets and Card Partners

Ant Group, in collaboration with 11 overseas payment partners of Alipay+ and major international card organisations, launched a programme in

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Citibank Appoints Janus Wu as Head of International Personal Bank in Hong Kong

Citibank announced that Janus Wu has been immediately appointed as the Head of International Personal Bank (IPB) for Hong Kong.

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ZA Bank Launches Banking Services for Stablecoin Issuers

ZA Bank has announced the launch of its dedicated banking services for stablecoin issuers, a significant advancement in its commitment

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What Does the Future Hold for SME Lending in Hong Kong?

The vibrant economy of Hong Kong is significantly bolstered by small and medium-sized enterprises (SMEs), which constitute nearly 99 percent

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Singapore’s DigiFT Expands Operations to Hong Kong, With Kevin Loo as CEO

DigiFT, an exchange for on-chain real-world assets (RWA) licensed by the Monetary Authority of Singapore (MAS), is extending its operations

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OneDegree Launches Cyber Insurance for Industries Beyond Web3

OneDegree has expanded its digital asset insurance portfolio by unveiling OneInfinity Cyber Insurance, aimed at a broad spectrum of industries

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Adyen and PayMe by HSBC Team Up to Expand Hong Kong Payment Options

Adyen, a financial technology platform for enterprise businesses, has announced a significant partnership with PayMe by HSBC. This partnership marks

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HKbitEX Receives Regulatory Approval-in-Principle for Virtual Asset Trading

HKbitEX, affiliated with Tykhe Capital Group Limited, has announced that it received preliminary approval from the Hong Kong Securities and

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HashKey Exchange Partners with Victory Securities to Enhance Crypto Services

HashKey Exchange, a licensed crypto exchange in Hong Kong, has partnered with Victory Securities, a corporation licensed by the Hong

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HSBC Gold Token to Democratise Gold Investment for Retail Customers in Hong Kong

HSBC has unveiled the HSBC Gold Token for its retail customers in Hong Kong. This development introduces tokenised gold to

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How Has FPS Hong Kong Transformed the Payment Experience?

The introduction of the Faster Payment System (FPS) in Hong Kong has significantly transformed the landscape of financial transactions within

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e-HKD: How Hong Kong’s Digital Currency Might Change How We Think About Money

In the ever-changing world of finance, we’re standing at the brink of a transformation that’s as profound as it is

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Two Million Japanese Merchants Now Accept Global E-Wallets via Alipay+

Ant International announces that it is integrating its Alipay+ service with two million merchants in Japan, aiming to address the

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Hang Seng Bank Unveils HK$33 Billion Fund to Support Hong Kong SMEs

Hang Seng Bank announced the HK$33 billion SME Power Up Fund to bolster the growth, cross-border development, and sustainable advancement

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