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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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
TransUnion has reported a significant rise in digital fraud in financial services from Hong Kong, where Gen Z and Millennials are the most targeted generations.
fraud management, fraud detection, fraud prevention, identity fraud, digital fraud
DBS Bank and UnionPay International have launched the UnionPay Multi-Currency Diamond Debit Card, supporting payments in 14 currencies.
debit card, partnership, cross-border payments, sustainability
Singapore-based crypto payment gateway Alchemy Pay has added additional card BINs for its Hong Kong Crypto Virtual Card, expanding spending options.
cryptocurrency, web3, Visa, MasterCard, payment methods
HSBC has successfully tested the use of tokenised deposits in partnership with Ant Group, aiming to accelerate the development of corporate treasury management.
product launch, tokenization, blockchain, web3, banking, online banking, digital banking, mobile banking, financial services, financial institutions
The Hong Kong Monetary Authority (HKMA) has launched the Project Ensemble sandbox, focused on exploring real-world asset tokenisation and interbank settlement using wCBDC.
digital currency, wholesale CBDC, CBDC, banks, tokenization
Hong Kong-based outdoor events company AIA Carnival has partnered with Web3 financial super app hi to integrate crypto payments.
cryptocurrency, digital payments, partnership, web3
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
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
Standard Chartered and Ant International have recently conducted the first-ever Hong Kong dollar (HKD)-denominated blockchain transaction.
partnership, cryptocurrency, blockchain, transactions
The Hong Kong Securities and Futures Commission (SFC) has revised ZA Bank’s licence registration and granted the bank permission to launch US stock trading.
investment, online banking, mobile banking, digital banking, banking license
Global insights and information company TransUnion has announced that consumers can receive their free credit report following the launch of Credit Data Smart (CDS).
credit scoring, credit access, fraud management, risk management, data analytics
Netherlands-based fintech Adyen has become an acquirer for the mobile payment service provider PayMe by HSBC in Hong Kong.
mobile payments, ecommerce, Acquirer, merchants, local payment method
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
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
The HKMA and Cyberport have begun accepting applications for the Generative Artificial Intelligence (Gen AI) Sandbox, initially announced in August 2024.
artificial intelligence, partnership, digital assets, cryptocurrency
China-based online lender WeBank has gotten regulatory approval from the mainland to set up a fintech subsidiary in Hong Kong as it looks to expand beyond its home market.
fintech, lending, online banking, expansion, startup
TransUnion has published a Q3 2023 Hong Kong Industry Insights Report, providing lenders with insights into the latest trends that drive the credit market.
report, credit card, retail, lending
Hong Kong-based regtech Know Your Customer has made its Company Registry Solution available through HKMA's Commercial Data Interchange.
regtech, KYC, product upgrade, financial inclusion
The Hong Kong Monetary Authority has revealed its intentions to introduce new regulations on crypto assets and stablecoins.
stablecoin, crypto asset, regulation, compliance