FPS Down Due To 'unforeseen Circumstances'
"); jQuery("#212 h3").html("
"); });
2021-10-17 HKT 11:21
Share this story
The Hong Kong Monetary Authority said on Sunday that its Faster Payment System (FPS) has been down after it encountered “unforeseen circumstances” during a planned maintenance.
The authority said the system maintenance period was originally scheduled from 2.45am to 7.45am on Sunday, but now the system upgrade will take longer, and services will resume at or before 1pm.
In the mean time, it said all FPS services, including real-time fund transfers and registration of account proxy with the FPS, are unavailable.
SBI Holdings To Acquire Bitbank In US$289M Crypto Expansion
SBI Holdings has agreed to acquire Japanese crypto exchange Bitbank in a deal valued at approximately US$289 million, w... Read more
4 Ways Hong Kong Banks Fight Financial Crime Using AI, According To HKMA
The Hong Kong Monetary Authority (HKMA) wants banks to use AI in financial crime as a way to counter cyberattacks and s... Read more
Ripple Launches RLUSD Stablecoin In Japan Through SBI Group
Ripple has launched its US dollar-denominated stablecoin, Ripple USD, in the Japanese market. The expansion follows reg... Read more
SBI And Startale Launch Trust Bank-Backed Yen Stablecoin JPYSC In Japan
SBI Group has introduced its trust based stablecoin JPYSC in partnership with Singapore-based fintech company Startale ... Read more
Visa Study: Digital Wallets Lead Greater Bay Area Payment Preferences
Visa has released its latest Consumer Payment Attitudes Study, highlighting how payment seamlessness is linked to a shi... Read more
European And South Korean Banks Form Project Pangea For FX Settlement
Chainlink, South Korean infrastructure provider FairSquareLab, the Unified Korea Alliance (UniKA), and European stablec... Read more