SFC Updates Guidance To Non-Face-to-Face Account Opening
The Securities and Futures Commission (SFC) has updated its guidance on acceptable non-face-to-face (NFTF) account open... Read more
NTTs Mobile Arm Set To Acquire SBI Sumishin Net Bank In US$5.1 Billion Deal
NTT Docomo, the mobile arm of Nippon Telegraph and Telephone (NTT), has announced plans to acquire online bank SBI Sumi... Read more
Visa Click To Pay Goes Live In Hong Kong Via ZA Bank
Visa, a digital payments provider, has announced a partnership with ZA Bank to roll out Click to Pay in Hong Kong today... Read more
Ronald Iu, Ex-ZA Bank Chief, Takes Over As PAObank CEO
PAObank today announced the appointment of Ronald lu as its new Chief Executive Officer and Executive Director, effecti... Read more
HKMA Partners With HKUST To Boost Hong Kongs Cybersecurity
The Hong Kong Monetary Authority (HKMA) signed a Memorandum of Understanding (MoU) on 29 May 2025 with the HKUST Busin... Read more
Brad Jones Departs PayMe By HSBC, Takes Advisory Role At Peppermint Innovation
Brad Jones has stepped down as CEO of PayMe by HSBC, effective 23 May 2025, after two years in leading one of Hong Kong... Read more
Alibaba Cloud Expands Network To Help Chinese Firms Go Global
Alibaba Cloud, part of the Chinese technology company Alibaba Group, plans to rapidly establish a global cloud computin... Read more
Citi Launches Citi AI In Hong Kong To Boost Employee Efficiency
Citigroup announced on 22 May 2025 that it has launched Citi AI, a suite of tools for its employees in Hong Kong, accor... Read more
HSBC Partners With Ant International On Real-Time Tokenised Treasury Payments
Ant International has launched a tokenised deposit solution in collaboration with HSBC. This move enables real-time HKD... Read more
HKMA And Land Registry Team Up To Boost Data Sharing With CDI-CDEG Linkage
The Hong Kong Monetary Authority (HKMA) announced on 22 May 2025 that its Commercial Data Interchange (CDI) is now conn... Read more
Hong Kong Stablecoins Bill Officially Passed, Set To Come Into Effect Later This Year
The Hong Kong government welcomed the Legislative Council’s passing of the Stablecoins Bill today, 21 May 2025. The b... Read more
From Fishermans Son To Fintech Founder: How CapBay Grew RM 6,000 To RM 4 Billion
What started as a RM6,000 loan funded out of their own pockets has grown into over RM4 billion disbursed to more than 2... Read more
Ping An Launches EagleX Global Version For Real-Time Climate Risk Insights
Ping An Insurance (Group) Company of China, Ltd, announced that its subsidiary, Ping An Property & Casualty Insuran... Read more
FWD Resubmits Hong Kong IPO Application Amid Market Recovery
FWD Group, an insurance company backed by billionaire Richard Li Tzar-kai, submitted a new application for an initial p... Read more
Hong Kong Police Crush HK$118M Crypto Laundering Ring, 500 Mule Accounts
In a fresh crackdown on crypto-related crime in Hong Kong, the Hong Kong police arrested 12 individuals for running a c... Read more