European And South Korean Banks Form Project Pangea For FX Settlement
Chainlink, South Korean infrastructure provider FairSquareLab, the Unified Korea Alliance (UniKA), and European stablec... Read more
Reap Adds Circles USYC To Enable Yield On Corporate Treasury Balances
Reap has integrated Circle‘s tokenised money market fund, USYC, into its corporate spend platform. The move allows gl... Read more
Tencent Tests WeChat AI Assistant To Compete In China Super App Race
Tencent has started testing a new AI assistant named Xiaowei for its WeChat platform, as reported by Bloomberg. The sup... Read more
WeLab Is Shopping For Banks In Southeast Asia, Malaysia Captures Its Eyes
WeLab is on the lookout for banks to buy in Southeast Asia. WeLab Southeast Asia expansion plans could possibly involve... Read more
Payment Asia Integrates PayMe By HSBC For Hong Kong Merchants
Payment Asia is integrating with PayMe by HSBC to allow its merchant network to accept payments directly from the digit... Read more
HSBC Launches TradeCash In Hong Kong To Accelerate Trade Finance Access
HSBC has launched a digital trade finance tool called HSBC TradeCash, allowing businesses in Hong Kong to upload sales ... Read more
HKEX And HKMA Launch Pilot On E-HKD For After-Hours Margin Payments
Hong Kong Exchanges and Clearing Limited (HKEX) and the Hong Kong Monetary Authority (HKMA) have launched a joint pilot... Read more
Can You Trust AI Agents To Stay Within Your Intent?
Checking someone’s ID at the door of a nightclub tells you who they are, but it does not tell you how they will behav... Read more
China CITIC Bank Taps Tencent Cloud For Fintech 2.0 Banking Push In Hong Kong
Tencent Cloud has signed a strategic cooperation agreement with China CITIC Bank International (CNCBI) to support the d... Read more
Payful Launches Cloud-Based Visa Charge Card Programme Via BPC SmartVista
Chinese cross-border payment company Payful has launched a cloud-native Visa charge-card programme for corporate and me... Read more
Hong Kong Banking Taskforce Convenes To Plan Northern Metropolis Financing
The Northern Metropolis Financial Advisory Taskforce held its inaugural meeting on 17 June to discuss the financing nee... Read more
China Adds 26 Participants To Digital Yuan Cross-Border Settlement Platform
The international operation centre of the digital yuan has signed direct participant agreements with 26 financial insti... Read more
Hong Kong Consumer Credit Market Sees Rising Gen Z Share In Card Originations
TransUnion has reported mixed trends in the Hong Kong consumer credit market in Q1 2026, with steady growth in credit c... Read more
HSBC Restores Hong Kong Digital Banking Services Following App Outage
HSBC has restored its digital banking services in Hong Kong after an outage on Monday (15 June) morning left customers ... Read more
Manulife Hong Kong Joins Insurance Authority AI Cohort Programme As Core Insurer
Manulife Hong Kong has joined the Insurance Authority’s (IA) AI Cohort Programme as a Core Participating Insurer, a m... Read more