Hong Kong Launch Fintech Career Accelerator Scheme
The Hong Kong Monetary Authority (HKMA) and the Applied Science and Technology Research Institute (ASTRI) jointly launched the Fintech Career Accelerator Scheme (FCAS) on December 16 to nurture talents...
View ArticleA New Era of Smart Banking in Hong Kong
The Hong Kong Monetary Authority (HKMA) unveiled a number of initiatives that prepare Hong Kong to move into a New Era of Smart Banking. In a keynote speech delivered during the Annual Banking...
View ArticleSingapore And Hong Kong Bolster Fintech Ties With Cooperation Agreement
The Monetary Authority of Singapore (MAS) and the Hong Kong Monetary Authority (HKMA) signed an agreement to strengthen co-operation on FinTech between the two cities and foster FinTech development...
View ArticleHong Kong Fintech Week 2017 – Day 3 Highlights
The regulators took centre stage on Wednesday, Day 3 at Hong Kong Fintech Week organised by Invest Hong Kong (InvestHK), which kicked off with an announcement by Hong Kong Monetary Authority (HKMA)...
View ArticleHong Kong Monetary Authority Appoints Colin Pou to Build the Fintech Ecosystem
The Hong Kong Monetary Authority (HKMA) announced today recently that the Financial Secretary, on the advice of the Governance Sub-Committee of the Exchange Fund Advisory Committee, has approved the...
View ArticleAbu Dhabi and Hong Kong Advance Fintech Cooperation
Abu Dhabi Global Market, the International Financial Centre in Abu Dhabi, and the Hong Kong Monetary Authority signed a co-operation agreement to jointly promote and enable financial services...
View ArticleHKMA Launches Open API in Hong Kong, Leads by Opening Their Data
After a long deliberation and hearing from 41 different respondents, the Hong Kong Monetary Authority (HKMA) has just published the Open Application Programming Interface (API) Framework for Hong...
View ArticleHong Kong Launch Fintech Career Accelerator Scheme
The Hong Kong Monetary Authority (HKMA) and the Applied Science and Technology Research Institute (ASTRI) jointly launched the Fintech Career Accelerator Scheme (FCAS) on December 16 to nurture talents...
View ArticleIs Hong Kong Ready to Go Cashless?
Seeing the popularity of WeChat Pay and Alipay in China, it is easy for some to assume that these mobile payment apps are equally popular in Hong Kong. Unlike China, Hong Kong is still largely a very...
View ArticleNow That The HKMA Faster Payment System is Live, What Does it Mean For Hong...
In an effort to push Hong Kong towards a cashless society, the HKMA Faster Payment System was launched earlier this month To date 21 banks and 10 digital wallet have signed up for the system which...
View ArticleOpen Banking Hong Kong — How Open is Open?
Following the rollout of Open Banking regulations in the UK and the launch this year of the EU’s Payment Services Directive 2 (PSD2), countries across the Asia-Pacific region are following suit to...
View ArticlePing An’s New Project With HKMA is a Blockchain-Powered Trade Finance Platform
Ping An Insurance delivered Hong Kong’s first blockchain-based international trade finance platform, eTradeConnect. The platform was initiated by seven founding banks in Hong Kong and facilitated by...
View ArticleHong Kong Fintech Week 2018 – Day 3 Highlights
Day 3 at Hong Kong Fintech Week at Hong Kong Exhibition and Convention Centre was buzzed with energy as the three stages hosted speeches and lively panel sessions to full houses, while the numerous...
View ArticleNeat Reveals One Key Problem With HKMA’s Virtual Banking License and Why They...
The Hong Kong Monetary Authority (HKMA)’s decision to set up the virtual license is often seen as a strategic move, if a tad overdue. Reportedly, the regulator saw over 29 applications, which rumour...
View ArticleThe First 3 Recipients of HKMA’s Virtual Banking License Have Been Announced
The Hong Kong Monetary Authority (HKMA) announced today that three companies have been granted virtual banking licences: Livi VB, SC Digital, and ZhongAn Virtual Finance. As rumoured in our previous...
View ArticleHong Kong Needs More Than Lip Service to Grow Blockchain, Says Local Founder
After his blockchain panel at the Internet Economy Summit last week, we had a chance to sit down with trustMe, a local player in the blockchain scene with a focus on bringing the technology to SMEs in...
View ArticleMeet Hong Kong’s 8 New Virtual Banks
Hong Kong Monetary Authority (HKMA) has announced a grand total of eight virtual banking license recipients, in three separate announcements so far. Despite the rumoured 29 hopefuls vying for the...
View ArticleEddie Yue Appointed as New HKMA CEO; Executive Director Resigns Citing...
Eddie Yue, who currently serves as the Deputy CEO of HKMA will succeed Norman Chan as the new CEO in October. The 54 year old incoming CEO Eddie Yue, started his career in civil service in 1986 and...
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