Hong Kong SFC To License 11 More Crypto Exchanges By Year-End
The Hong Kong Securities and Futures Commission (SFC) is set to license an additional 11 virtual asset platforms before... Read more
Google Pay Now Available For JCB Cardholders In Japan
JCB, the Japanese international payment brand, has announced the availability of Google Pay for its customers. Android ... Read more
Qatar And Hong Kong To Collaborate On Sustainable Finance, Digital Assets
The Hong Kong Monetary Authority (HKMA) and Qatar Central Bank (QCB) are looking to enhance collaboration in areas of s... Read more
HKVAX Becomes Hong Kongs Third Licensed Crypto Exchange
Hong Kong has awarded its third virtual asset trading platform license to Hong Kong Virtual Asset Exchange (HKVAX). Thi... Read more
HK$800,000 Bank Deposit Protection Now In Effect In Hong Kong
Hong Kong bank depositors will now have increased protection for their deposits as the first phase of enhancements to t... Read more
OneDegree Group Achieves Profitability Amidst Growth
OneDegree Group announced it achieved profitability for the first time in the third quarter of 2024, driven by its digi... Read more
Digital Fraud Attacks Rise 17% In Financial Services, Driven By Payment And Account Creation Fraud
Financial institutions around the world are facing a surge in fraud and cyberattacks. A new report by LexisNexis Risk S... Read more
Rakuten Card Explores Tie-up With Mizuho
Rakuten Group announced that its credit card subsidiary, Rakuten Card, and Mizuho Financial Group are in discussions to... Read more
HKMA Moves Forward With Info Sharing Among Banks To Curb Financial Crime
The Hong Kong Monetary Authority (HKMA) published the conclusions of its public consultation on a proposal to allow ban... Read more
Hong Kong Set To Align OTC Derivatives Reporting With Global Standards
The Hong Kong Monetary Authority (HKMA) and the Securities and Futures Commission (SFC) have released a conclusions pap... Read more
South Korea Fines Worldcoin U$790K Over Biometric Data Privacy Breaches
The South Korean Personal Information Protection Commission has fined Worldcoin Foundation and Tools for Humanity Corpo... Read more
HSBC To Launch HK$5 Billion Pre-Approved Loan Scheme For Hong Kong SMEs
HSBC is set to introduce a HK$5 billion (US$641 million) financing plan, offering pre-approved loans to SMEs in Hong Ko... Read more
ZA Bank Offers New FX Time Deposit Option With Up To 20% Interest
ZA Bank, a virtual bank in Hong Kong, has introduced a new ‘Foreign Exchange Time Deposit’ option, allowing custome... Read more
Japanese Megabanks Tap Stablecoins To Improve International Transfers
Three Japanese megabanks are involved in a cross-border payments initiative that aims to use stablecoins and SWIFT’s ... Read more
Qupital Raises Funding To Fuel Growth In E-commerce Financing
Qupital, a Hong Kong-based fintech firm specialising in supply chain financing for e-commerce, has secured funding from... Read more