Discover all the payments and fintech-related news and analysis about Hong Kong in The Paypers News, Reports, along with other Hong Kong-specific insights on the payments and fintech industry:
Discover all the payments and fintech-related news and analysis about Hong Kong in The Paypers News, Reports, along with other
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The Hong Kong Monetary Authority has revealed its intentions to introduce new regulations on crypto assets and stablecoins.
stablecoin, crypto asset, regulation, compliance
Hong Kong-based global credit reference agency, TransUnion, has recently announced the launching of a new suite of Credit Monitoring Service Packages, aiming to promote financial inclusion across the territory.
financial services, financial data, financial inclusion, credit scoring, financial sanctions, lending
Cryptocurrency exchange Gate.io has revealed its plans to apply for a licence in Hong Kong and to launch a platform designed for the Hong Kong market.
regulation, compliance, product launch, cryptocurrency exchange
TransUnion and Baihang Credit have entered into a strategic cooperation to promote mutual recognition of credit reference products among financial institutions.
financial services, financial inclusion, financial institutions, partnership, Open Banking
China-based cryptocurrency exchanges Huobi Global and OKX have revealed their plans to apply for licences in Hong Kong considering upcoming regulations.
regulation, compliance, cryptocurrency exchange, cryptocurrency
OKX, the crypto exchange and Web3 technology company, has set up a Hong Kong entity for launching virtual asset services in the country.
virtual asset, digital assets, blockchain, cryptocurrency
Hong Kong-based fintech NOVA2PAY has been registered as a money service operator in Hong Kong for the third time since 2015.
merchant, cross-border ecommerce, digital payments, PCI DSS, payment processor, fraud prevention
Hong Kong-based B2Core has partnered Shufti Pro, an AI-powered identity verification company to streamline the onboarding identity verification process.
partnership, cybersecurity, online security, digital onboarding, KYC
Fintech PingPong has entered a direct partnership with JCB, whereby Hong Kong-based merchants will be able receive online payments from JCB cardholders.
JCB, partnership, payment processing, debit card, credit card, Issuer
Following a testing period, the Credit Reference Platform of Hong Kong has launched officially in order to improve the service quality of consumer CRAs.
lending, product launch, fintech, credit scoring
Switzerland-based smart bank SEBA has chosen Hong Kong as its first strategic location in APAC by opening a new office and expanding its operations.
cryptocurrency, expansion, banks, digital assets
Australia-based Airwallex has partnered with digital travel platform Agoda augment travel planning for Hong Kong SMEs and startups.
partnership, cashback, SMEs, startup, travel payments
The Legislative Council of Hong Kong has passed a bill to amend the Anti-Money Laundering and Counter-Terrorist Financing Ordinance (AMLO).
regulation, AML, virtual asset, digital assets
HashKey Group, a Hong Kong-based digital asset management and blockchain solutions provider, has partnered with digital insurer ZA International to invest in digital assets, Web 3.0, and DLT.
partnership, cryptocurrency, blockchain, digital assets, Web 3.0, DLT
Seychelles-based BitMEX has launched an app in Hong Kong before applying to become a Hong Kong Virtual Asset Service Provider.
digital assets, cryptocurrency
Hong Kong-based Reap has partnered with Triple-A to allow businesses to pay for their fiat bills with cryptocurrency.
partnership, cryptocurrency, digital assets, digital payments
HSBC has granted its first green loan to a climate-mitigation technology firm, fighting global warming by financing clients’ emissions reduction projects.
banks, ESG, startup, research, investment
Hong Kong-based crypto lender and asset manager Babel Finance has secured USD 80 million in a Series B round.
crypto, funding, digital assets, expansion, Bitcoin
Hong Kong-based company, First Digital, has released a new stablecoin that will be tied to the value of the US dollar but will operate under Asian regulations.
stablecoin, cryptocurrency exchange, digital assets
The Hong Kong Monetary Authority (HKMA) has initiated a public consultation about stablecoins with the purpose of establishing a regulatory regime.
stablecoin, regulation, cryptocurrency, compliance