Tag: Hong Kong
HSBC launches new R&D lab for FinTech in Hong Kong
The hope is that collaboration between HSBC and ASTRI will develop solutions to real problems that affect the bank and its customers. Read more: www.scmp.com
This bitcoin-only platform ‘Whaleclub’ reinvents stock
Whaleclub marks a new era in global financial markets as a trading platform that allows anyone to trade the markets with bitcoin. Read more: www.cryptocoinsnews.com
MasterCard launches B2B mobile app in Hong Kong
Mastercard launched its first ever one-stop business-to-business mobile app connecting buyers and suppliers of small businesses in Hong Kong. Read more: www.finextra.com
Hong Kong’s TNG Wallet to go global
TNG Wallet ("TNG"), Hong Kong's leading eWallet, held its TNG 3.0 New Product Launch and Press Conference today at the Hong Kong Convention. Read more: www.finextra.com
HSBC to launch new mobile P2P payment platform
The bank says the HKMA's fintech initiatives are helping its digital push. Read more: www.scmp.com
WeLab lands $25m credit facility for online loans
WeLab, a Hong Kong-based operator of online lending platforms, is proving investors still see big potential in the space, landing a $25m credit facility note. Read more: www.fintechroundup
Hong Kong to launch FinTech ‘sandbox’ as rivals pull ahead
Hong Kong on Tuesday said it would establish a regulatory regime known as a "sandbox" for financial technology innovation in the banking sector, amid fears the city is losing ground to China, Australia and Singapore in the fintech race. Read more: www.reuters.com
Crowdfunding platform Kickstarter debuts in Asia
Kickstarter, one of the world's largest crowd funding platforms, is launching in Hong Kong and Singapore making it easier for creators there to launch projects. Read more: thetechportal.com
Bitfinex resumes trading following $77m hack
Bitcoin exchange Bitfineix is up and running again after last week suffering a security breach that saw 19,756 bitcoins stolen from users’ accounts.
Bitfinex takes 36% from all users to compensate for $71m hack
Hong Kong-based bitcoin exchange Bitfinex is opting to split the cost of the $71m theft it suffered last week across all of its users.