Articles with tag: virtual bank

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China's virtual Yuan DCEP System to be released in Hong Kong

News | Online & Mobile Banking | 14 Aug 2020

China’s virtual yuan (CBDC), also referred to as digital currency electronic payment (DCEP) has been announced for testing in Hong Kong’s Greater Bay Area in August 2020.

China, Hong Kong, virtual yuan, DCEP System, CBDC, Greater Bay Area, digital currency, digital currency electronic payment, Guangzhou, Shenzhen, Macau, financial centre, financial infrastructure, Guangdong, South China, international adoption, virtual banking system

Standard Chartered partners with Microsoft

News | Online & Mobile Banking | 12 Aug 2020

Standard Chartered and Microsoft have announced a three-year partnership to help the bank’s digital transformation through a cloud-first strategy. 

Standard Chartered, banks, partnership, Microsoft, cloud, digital, multicloud, banking, virtual banking, banking-as-a-service, BaaS, software, Microsoft Azure, trade finance, cross-border, AI, artificial intelligence

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

Fiserv launches conversational banking to assists FIs connect with customers

News | Payments General | 02 Jul 2020

Fiserv, a global provider of financial services technology solutions, has rolled out conversational banking solution to support financial institutions engage consumers.

Natural Language Processing, NLP, deep learning, AI technologies, Clinc, Virtual Banking Assistant, Fiserv, mobile banking, credit unions, bills

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,

ZA bank, a Hong Kong-based online-only bank, starts operating

News | Online & Mobile Banking | 24 Mar 2020

ZA bank, a Hong Kong-based online-only bank, has begun operating. 

Hong Kong, online banks, banking licences, Ant Financial, Standard Chartered, Tencent, HSBC, Bank of China, virtual banking,

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