Financial Services

HKBA, UAE central bank ink MoU to boost fintech cooperation

The United Arab Emirates’ central bank is expected to join the Central Bank Digital Currency project in Hong Kong.

HKBA, UAE central bank ink MoU to boost fintech cooperation

The United Arab Emirates’ central bank is expected to join the Central Bank Digital Currency project in Hong Kong.

Higher demand for M&As ahead as accountants focus on survival

But firms have to be careful in their expansion strategies.

HKEX appoints Alejandro Nicolas Aguzin as chief executive

He will also become an ex-officio member of the HKEX Board of Directors.

Hong Kong card payments to grow 1.2% in 2020

Fourth wave of infections to further erode consumer confidence in the near term.

Amidst a crisis, Mox Bank sees boundless opportunities

The neobank has outlined a bold plan to kickstart a new generation of virtual-savvy customers.

Crisis speeds up online banking take-up twice fold

Lenders scramble to ramp up digital offerings amidst a new normal of remote banking.

Two-thirds in Hong Kong look for discounts at least once per day

Over three-thirds did not "revenge spend" in the past months.

BOC Life plans for cross-industry business collaboration

It will partner with a local, large medica service organization to launch a new wellness platform.

Credit card receivables up 0.2% in Q2

The combined delinquent and rescheduled ratio rose slightly to 0.47%.

InvestHK floats fast-track fintech programme

Up to 90 firms could get funding and partnership opportunities with large corporates and investors.

Businesses spearhead fintech usage in Hong Kong

40% reported heavy usage of digital payments.

WeLab Bank rolls out in Hong Kong

Clients can open an account in five minutes.

Hong Kong-based wealth clients probed for pro-democracy ties

"Politically exposed persons" can have a hard time accessing banking services.

Debates arise on security law's effects on Hong Kong finance sector

Is there really a capital exodus from Hong Kong to Singapore?

Meet ZA Bank, Hong Kong's first virtual-only lender

The bank’s slogan of co-creation belies a strong charm offensive of attractive deposit rates.

Federated Hermes questions HSBC's support for security law

The firm expects companies to back moves supporting human rights.

How FDT is modernising the trust scene

FDT is behind Asia’s first ​Rapid Settlement and Clearing Network (RSCN).