HSBCs PayMe Launches UnionPay Virtual Card For Global Payments In Hong Kong
PayMe by HSBC has launched its first UnionPay virtual card, enabling its 3.2 million users in Hong Kong to make payment... Read more
Hong Kong Fintech Association Strengthens Ties With Shenzhen Amid GBA Expansion
Hong Kong’s fintech sector is positioning itself for substantial growth in the Greater Bay Area (GBA), capitalising o... Read more
Thredd Powers LianLian Globals Virtual Card Expansion In APAC
Thredd, a global payments processor, has successfully launched LianLian Global’s virtual card programme in the APAC m... Read more
Fusion Bank Offers Collateral-Free Loans For Hong Kong SMEs, Startups
Fusion Bank, a virtual bank backed by Chinese tech giant Tencent, has launched new business loan services aimed at supp... Read more
Mox Emerges As First Virtual Bank In Hong Kong To Offer Crypto ETFs
Mox Bank has become the first virtual bank in Hong Kong to offer cryptocurrency exchange-traded funds (ETFs) to its use... Read more
No New Virtual Bank Licenses In Hong Kong, Digital Bank Term Under Review
The Hong Kong Monetary Authority (HKMA) announced that it will not issue any more digital bank licenses following its c... Read more
China And Hong Kong Set To Move Forward With Payment System Linkage
The People’s Bank of China (PBOC) and the Hong Kong Monetary Authority (HKMA) have signed a Memorandum of Understandi... Read more
HKMA To Overhaul Banking System With A Two-Tier Structure
The Hong Kong Monetary Authority (HKMA) has released the conclusions of its public consultation on the review of the th... Read more
Hong Kong Launches First Spot Bitcoin And Ether ETFs In Asia
On Tuesday, Hong Kong introduced six spot bitcoin and ether exchange-traded funds (ETFs), marking the first time Asian ... Read more
Hong Kong SFC Awards Type 3 License To ATFX For Institutional Trading
ATFX, a global CFD broker, has been awarded a Type 3 license by the Hong Kong Securities and Futures Commission (SFC). ... Read more
SFC Issues Warning On Proxinex For Suspected Virtual Asset Fraud
The Securities and Futures Commission (SFC) issued a public warning regarding an entity operating under the name of Pro... Read more
Eddie Yue Reappointed To Second Term As HKMA Chief Executive
The Hong Kong government has appointed Eddie Yue to a second five-year term as Chief Executive of the Hong Kong Monetar... Read more
OneInfinity Expands Cyber Insurance To Cover IT Outages And System Failures
OneDegree, known for its digital asset insurance solutions under the OneInfinity brand, has expanded its portfolio with... Read more
Fintechs Worldwide Can Now Apply For InvestHKs Expanded Global Fast Track 2024
Invest Hong Kong (InvestHK) has opened applications for the 7th edition of its fintech programme Global Fast Track (GFT... Read more
Strengthening Financial Resilience: Huaweis Role In The Future Of Finance
The financial sector is on the edge of a major transformation powered by continuous technological advancements. At the ... Read more