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Find here all the latest articles, news, and research on HKMA and other HKMA-related topics:

Find here all the latest articles, news, and research on HKMA and other HKMA-related topics:

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HKMA showcases 2-year roadmap to promote regtech adoption

News | Payments General | 03 Nov 2020

The Hong Kong Monetary Authority (HKMA) has developed a two-year roadmap to promote regtech adoption in the Hong Kong banking sector.

Hong Kong, monetary authority, HKMA, regtech, banking

HKMA launches Commercial Data Interchange

News | Online & Mobile Banking | 03 Nov 2020

Hong Kong Monetary Authority has announced the establishment of an HKMA-led Commercial Data Interchange, or CDI, according to DigiFin.

HKMA, Commercial Data Interchange, API, Open Banking, fintech, data, CDI, consent, payments , data sharing

Hong Kong Monetary Authority selects ConsenSys for CBDC project

News | Cryptocurrencies | 28 Sep 2020

The Hong Kong Monetary Authority (HKMA) has selected ConsenSys, a US-based blockchain company, to develop a central bank digital currency (CBDC) project.

Hong Kong Monetary Authority, HKMA, ConsenSys, blockchain, CBDC, central bank digital currency, cross border payments, Singapore

WeLab Bank launches virtual bank services

News | Online & Mobile Banking | 03 Aug 2020

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

News | Online Payments | 25 May 2020

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

News | Payments General | 11 May 2020

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

News | Payments General | 05 May 2020

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