Financial Services
Crisis speeds up online banking take-up twice fold
Lenders scramble to ramp up digital offerings amidst a new normal of remote banking.
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).
Bank transfers, digital wallets spur e-commerce market
The two methods are rising at CAGR of 12% and 11%, respectively.
Standard Chartered and HKTDC roll out market survey
The survey will look into business sentiment across the Greater Bay Area.
Insurtech OneDegree upgrades pet insurance
Enrollment age limit for pets has been raised to 11 years old.
Manulife Hong Kong pilots virtual sales platform
Products will be available to customers starting 15 June.
Hong Kong virtual bank Airstar launches services to the public
The bank offers savings, time deposit, and personal loan products.
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