OneDegree Group Rebrands As AIFT To Reflect Focus On AI
OneDegree Group, a cybersecurity and insurance technology company, has rebranded as AIFT. This aligns with its focus on... Read more
Forbes Chinas Top 10 Most Promising Fintech Companies
Forbes China has released its annual selection of the top fintech companies in China, highlighting the nation’s most ... Read more
Hong Kongers Embrace Digital Banks As Usage Surges To Nearly 30% Of Population
Nearly 30% of Hong Kong’s 7.5 million population were using digital banks by the end of 2023, reflecting growing trus... Read more
Thunes Opens Doors For Global Wallets To Access Chinas QR Payment Systems
Thunes, a global payment network, has introduced a new QR code payment solution that allows travelers to use their home... Read more
HKMA Creates CMU OmniClear, Inks SIX Partnership For Cross-Border Investment
The Hong Kong Monetary Authority (HKMA) announced the creation of CMU OmniClear Limited, a subsidiary that will manage ... Read more
Wise Now First Non-Bank To Access Japans Domestic Payment Network Zengin
Wise, a global online money transfer service, has reportedly become the first non-bank financial institution to gain ac... Read more
Hong Kong Announces New Support Measures For SME Financing
Hong Kong’s SME Financing Guarantee Scheme will now offer a principal moratorium of up to 12 months to both existing ... Read more
Hong Kong SFC Appoints Dr. Kelvin Wong As New Chairman
The Chief Executive of Hong Kong has appointed Dr. Kelvin Wong Tin-yau as the next Chairman of the Securities and Futur... Read more
Hong Kong Fintech Week 2024: Top Highlights, Speakers And Must-Attend Sessions
The ninth edition of the Hong Kong Fintech Week (HKFTW), themed “Illuminating New Pathways in Fintech”, will take p... Read more
Keeping Up With The Pace: Modernising Payment Systems
In today’s fast-paced technological landscape, sticking with legacy systems can leave financial institutions lagging ... Read more
HKMA Says Virtual Banks Will Be Renamed As Digital Banks
The Hong Kong Monetary Authority (HKMA) released its conclusions regarding the proposal to rename “virtual bank” to... Read more
Airwallex Licensed For Business Asset Management In Hong Kong
Airwallex, a global payments and financial platform, has been granted a license by the Securities and Futures Commissio... Read more
HK Financial Institutions Embrace GenAI To Boost Efficiency And Streamline Internal Operations
In Hong Kong, the adoption of generative artificial intelligence (genAI) in the financial sector remains focused on int... Read more
New Charter Launched To Prevent Corruption In Hong Kongs Banking Sector
Hong Kong has launched a new initiative aimed at combating corruption within its banking sector. The Hong Kong Monetary... Read more
DBS Reshuffles Hong Kong Institutional Banking Leadership
Wallace Lam, the Head of Institutional Banking for DBS Group Holdings in Hong Kong, is set to leave the bank, according... Read more