Maintenance Planned For FPS After Outage
"); jQuery("#212 h3").html("
"); });
2021-10-29 HKT 13:23
Share this story
Officials warned on Friday that system maintenance means the Faster Payment System (FPS) for cross-bank and e-wallet transfers will be offline from between 1am and 11am on November 14.
The Monetary Authority said tests will be carried out during that time in connection with problems that triggered a service outage earlier this month.
FPS services were down for several hours on October 17 due to problems encountered during a system relocation and upgrade.
The Faster Payment System, launched in 2018, allows people to make transfers using a recipient's phone number or email address.
ZA Bank Brings Nasdaq Data To Hong Kong, Expanding US Stock Access And Investor Education
ZA Bank and Nasdaq have announced a collaboration aimed at enhancing digital wealth management in Hong Kong and interna... Read more
Hong Kong To Study One‑Stop Infrastructure For Equities, Bonds And Digital Assets
The Hong Kong Monetary Authority’s (HKMA) CMU OmniClear and the Hong Kong Exchange (HKEX) are set to begin a study on... Read more
Hong Kong To Issue First Stablecoin Licenses In March, Expand Crypto Regulation
Hong Kong will issue its first licenses for fiat-referenced stablecoin issuers in March and introduce new legislation l... Read more
MSIG Joins US$6B IFC Credit Insurance Facility To Boost Emerging Market Lending
MSIG USA and Mitsui Sumitomo Insurance (MSI Japan), together referred to as MSIG, have joined a new insurance-ba... Read more
Why The $2 Trillion Stablecoin Prediction Is Too Low
McKinsey estimates the stablecoin market will hit $2 trillion by 2028. But according to Sam Lin, COO of dtcpay, even th... Read more
RedotPay Eyes US IPO With Potential US$1 Billion Raise
RedotPay is reportedly exploring an IPO in the US that could raise more than US$1 billion, according to people famili... Read more