Articles with tag: hkma

Found 5 results in 173 milliseconds.

WeLab Bank launches virtual bank services

03 Aug 2020 | Online & Mobile Banking

WeLab Bank has launched of virtual banking services, making it the third virtual bank in Hong Kong to do this.

WeLab Bank, banks, banking, virtual banking, virtual banks, Hong Kong, banking licence, Hong Kong Monetary Authority, HKMA, fintech, Fintech Supervisory Sandbox, debit cards, cards, payments, Faster Payment System, numberless card, Mastercard

PayMe sees massive increase in usage due to consumers shifting to online payments

25 May 2020 | Online Payments

HSBC's digital payment platform PayMe has reported an increase in usage, as consumers go online shopping for everything from face masks to virtual social games.

PayMe, HSBC, online payments, transactions, online shopping, Hong Kong, Hong Kong Monetary Authority, HKMA, COVID-19

SFC fines Mega International Commercial Bank with almost EUR 850.000

11 May 2020 | Payments General

The Securities and Futures Commission (SFC) has announced that it has reprimanded and fined China-based Mega International Commercial Bank (MICBC).

SFC, Mega International Commercial Bank, MICBC, Hong Kong Monetary Authority, HKMA, CISs, banks, China

IHS Markit buys Catena Technologies fintech

05 May 2020 | Payments General

UK-based global information provider IHS Markit has announced the acquisition of Singapore-based fintech Catena Technologies to provide global regulatory compliance to its customers.

IHS Markit, Catena Technologies, fintech, global regulatory compliance, SaaS provider, TRACE Reporting, G20 jurisdictions, ASIC, MAS, HKMA, EMIR, MiFID II, MarkitSERV, OTC trading

HKMA, PBOC team up on cross-border mobile payments and other financial services

20 Feb 2019 | Payments General

The HKMA and PBOC have reportedly decided to work together on the introduction of cross-border mobile payments and other financial services.

Hong Kong Monetary Authority, HKMA, Peoples Bank of China, PBOC, cross-border payments, digital wallets, mobile payments