OSL Group Raises US$200M To Expand Stablecoin And Payment Operations
OSL Group announced an equity financing of US$200 million (approximately HK$1.56 billion). The company intends to use t... Read more
Hong Kong Clinics Introduce Palm Verification For Contactless Check-In
Tencent and Bupa Hong Kong have introduced a palm verification check-in service across 20 Bupa clinics, including flags... Read more
19th Asian Financial Forum Concludes In Hong Kong With 800+ Investment Meetings
The 19th Asian Financial Forum (AFF) concluded on 27 January after two days of discussions and knowledge sharing. Over ... Read more
Hong Kongs HK$62B Wealth Fund Turns To Fintech, Aerospace And AI For Growth
The Hong Kong Investment Corporation (HKIC) is considering investments in fintech, aerospace and AI, as geopolitical sh... Read more
OSL Pay Integrates StraitsX Infrastructure To Enable USD Access
OSL Pay is embedding USD access into its platform through an infrastructure integration with StraitsX. The payments arm... Read more
South Korea Raises AI Budget Fivefold To US$1.67B In Race For Top 3 Global AI Status
The South Korean government plans to spend up to 2.4 trillion won (US$1.67 billion) this year to support AI adoption ac... Read more
Hong Kong Strengthens Bank Controls After HK$6.4B In Fraud Losses
The Hong Kong Monetary Authority (HKMA) and the Office of the Privacy Commissioner for Personal Data (PCPD) announced n... Read more
WeLab Bank Launches Multi-Currency Debit Card With Mastercard
WeLab Bank has partnered with Mastercard to launch the WeLab Global Wallet Debit Card, becoming the first digital bank ... Read more
Mox Bank Launches US Dollar Cryptocurrency Trading
Mox Bank, led by Standard Chartered and jointly established by PCCW, HKT and Trip.com, has launched a cryptocurrency tr... Read more
Hong Kong Pushes For 2,000 Tonnes Of Gold Capacity Alongside New Stablecoin Licensing
Chief Executive of Hong Kong John Lee addressed the 19th Asian Financial Forum, highlighting the city’s financial and... Read more
Indonesia To Expand QRIS Cross-Border Payments With China And South Korea
Bank Indonesia (BI) aims to expand the use of the Quick Response Code Indonesian Standard (QRIS) for cross-border payme... Read more
Chocolate Finance Expands Into Hong Kong
Financial service platform Chocolate Finance has officially launched its operations in Hong Kong, expanding from its ex... Read more
Fiserv To Bring Clover Payments Platform To Japan
Fiserv, a global provider of payments and financial services technology, has announced a strategic partnership with Sum... Read more
Face Pay Vs. Tap To Pay: Which Method Will Win Asia? Ft Sam Su, SUNMI
We’ve moved from Cash to Cards, and Cards to QR. Is your face the next wallet? Or will “Tap to Pay” on smartphone... Read more
Hong Kong Updates Banking Guidelines For Elderly And Disabled Customers
The Hong Kong Monetary Authority (HKMA) and the Hong Kong Association of Banks (HKAB) announced that the banking sector... Read more