Financial Technology

Over 40% of companies adopt data collection and reconciliation systems

The poll showed that the majority of the companies are still in the early stage.

Goodman Group establishes $21.19b data center partnership

2.3 million sq. ft. across six assets including two data centers under construction

Gov’t unveils 'LEAP' framework to boost crypto and fintech

A licensing regime for stablecoin issuers starting 1 August aims to support real-world use cases.

Generali Hong Kong, Wonder partner to digitalise insurance premium payments

The collaboration leverages Citi's Spring by Citi® digital payment acceptance solution.

HKMA forms expert panel for Project CargoX

The panel will guide initiatives to streamline and enhance trade finance processes.

HKMA, Cyberport launches second cohort of GenA.I. Sandbox

This comes amidst positive feedback from the inaugural launch.

HK’s card payment market to grow 11% in 2025

Credit cards accounted for 77.7% of the overall card payment value in 2024.

South African fintechs look to Hong Kong for funding

Tax perks and access to Africa await foreign investors.

InvestHK has helped 59 fintech firms expand in Hong Kong

As of August, it has assisted 59 companies from 12 economies.

HKMA launches Phase 2 of e-HKD pilot programme

Mastercard, Airstar Bank and Kasikornbank will be participating. 

Futu bags $1.2b net income in Q2 2024

Earnings per share stood at 1.08 Hong Kong cents.

HK virtual banks' record 2.2 million depositors by end-2023

Hong Kong's eight licensed virtual banks experienced modest growth over the past three years.

PwC and Xalts partner to promote tokenization in finance

The deal will allow both parties to leverage on business opportunities in blockchain technology.

‘Less impacted’ AI to lead 2024 IPO trends

Artificial intelligence and emerging economies are expected to energize the IPO landscape amidst a high-interest rate environment and geopolitical...