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Switzerland-based UBS to apply for digital bank license in China

News | Online & Mobile Banking | 11 May 2020

Switzerland-based UBS, a global investment bank, has confirmed plans to launch a digital banking platform, provided it secures license in mainland China.

UBS, global investment bank, digital banking, virtual bank, universal banking model, private banking, digital banking platform, artificial intelligence, AI, Switzerland, Europe

Virtual bank Airstar Bank launches a pilot trial

News | Online & Mobile Banking | 01 Apr 2020

Airstar Bank Limited, a Hong Kong-based licensed virtual bank, has announced the launch of a pilot trial. 

Airstar Bank, Hong Kong, virtual bank, Xiaomi, AMTD Group, rate, lending, fintech

Tencent builds virtual bank after receiving Hong Kong license

News | Online & Mobile Banking | 12 Nov 2019

Tencent has announced opening a blockchain-based virtual bank after the Hong Kong Securities and Futures Commission approved a new license.

Tencent, Hong Kong, blockchain, Hong Kong Securities and Futures Commission, Commerce Bank of China, ICBC, SFC, virtual bank, digital bank, online banking, banking license

G20 decides to regulate the crypto sector

News | Cryptocurrencies | 04 Dec 2018

A declaration released by G20, the international forum for the governments and central bank governors, has suggested that it decided to regulate the crypto sector.

G20, cryptocurrency, regulation, banks, exchanges, AML, South Korea, virtual bank