Financial Technology

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...

Hang Seng rolls out brokerage-free stock investment service programme

Customers may trade the first $300,000 or equivalent of Hong Kong Stocks.

Investors must venture on regulated virtual assets platforms amidst JPEX incident: Lee

Lee said licencing protects investors and ensures a good risk control system.

BNPL regulations toughen debt prevention and financial literacy in APAC

The Philippines, Vietnam, and Indonesia are more vulnerable to the risks of credit products, Euromonitor International reported.

Global financial leaders looking to hire more HK talent: Chan

The financial leaders' summit boosted the market's financial status.

Prepare to go cashless or pay the price

One in three consumers will abandon a purchase if they cannot pay for it digitally.

9 in 10 Hong Kongers moved away from cash during pandemic: Visa

Payment card usage increased significantly this year, driven by security and convenience.

Hang Seng, HKTDC form one-stop digital solutions platform

InnoClub will provide solutions in three focus areas.

NFT adoption rate to soon hit 21.1%: report

The report said about 10.4% of locals are planning to own NFTs in the future.

How HKSTP and Ant Group plan to support fintech startups

The companies' joint initiative will provide venue and logistics support for startups.

Embracing technology key to business growth in future crises, says ShineWing’s Samson Lee

Big Data will enable deeper insight into customers’ preference to drive sales.