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
Visa, DBS, HSBC Among Major Players In HKMAs E-HKD Pilot Phase 2
The Hong Kong Monetary Authority (HKMA) today announced the commencement of Phase 2 of the e-HKD Pilot Programme. The s... Read more
HKMA And Cyberport Invite Applications For Generative AI Sandbox
The Hong Kong Monetary Authority (HKMA) and digital technology hub Cyberport have opened applications for its Generativ... Read more
New Sumsub Integration With Sygna Aims To Simplify Crypto Compliance
Global verification provider Sumsub has announced a new integration to help its crypto and fintech clients meet complia... Read more
ZA Bank To Launch New Wealth Product, Reports 46% Revenue Growth
ZA Bank, a virtual bank in Hong Kong, plans to launch a “next-gen-ready” wealth product as part of its future offer... Read more
Hong Kong To Introduce First AI Policy Framework For Financial Sector
Hong Kong is set to unveil its inaugural policy statement on the use of artificial intelligence (AI) within the financi... Read more
Hong Kong And Dubai Authorities To Drive Sustainable Finance Efforts
The Hong Kong Monetary Authority (HKMA) and the Dubai Financial Services Authority (DFSA) have signed a MoU to deepen t... Read more
OneDegree Launches AI-Powered Web 3.0 Risk Intelligence Platform MAMORI
OneDegree Group has unveiled MAMORI, a Web 3.0 risk intelligence platform powered by artificial intelligence (AI). MAMO... Read more
HKMA Sets Up Dedicated Team To Assist AI Adoption In AML/CFT Monitoring
The Hong Kong Monetary Authority (HKMA) is taking steps to support the use of artificial intelligence (AI) in enhancing... Read more