China retail traders embrace DeepSeek AI trading, revolutionising quant investing and reshaping market strategies.| Fintech Hong Kong
Obita, a Hong Kong-based enterprise-level cross-border payments and digital financial network, has signed a MoU with YY Group, a Singapore-headquartered global workforce solutions and integrated facility management (IFM) provider. Under the agreement, YY Group will integrate Obita’s stablecoin-based payment infrastructure into its workforce platforms and corporate operations, supporting receivables, payables and treasury management. Obita stated [...] The post YY Group Partners with Obita o...| Fintech Hong Kong
The Hong Kong Monetary Authority (HKMA), in collaboration with the Hong Kong Science and Technology Parks Corporation (HKSTP), has launched the IADS Developer Hackathon, with a Kick-off Ceremony held on October 2. The event marks the start of a multi-month programme aimed at fostering innovation in the Interbank Account Data Sharing (IADS) initiative and advancing [...] The post HKMA and HKSTP Launch IADS Developer Hackathon appeared first on Fintech Hong Kong.| Fintech Hong Kong
Visa has announced that several major payment platforms in Hong Kong, including Adyen, AsiaPay, OpenRice, Worldpay and 2C2P, have integrated Click to Pay into their merchant networks. The move enables Visa cardholders to use one-click checkout for lifestyle, travel and F&B online platforms, without the need to manually enter card details or remember passwords. As [...] The post Visa Expands Click to Pay Across Major Hong Kong Payment Platforms appeared first on Fintech Hong Kong.| Fintech Hong Kong
Hong Kong’s WeLab Bank remained profitable in the first half of 2025, reporting revenue of about HK$460 million, a year-on-year increase of roughly 70 percent. The bank said growth was supported by credit management and risk controls, alongside flexible pricing strategies. Net interest income reached HK$430 million, also up about 70 percent compared with the [...] The post WeLab Bank Posts HK$460 Million in H1 2025 Revenue as Profitability Continues appeared first on Fintech Hong Kong.| Fintech Hong Kong
Hong Kong’s ZA Bank has swung into the black, reporting a HK$49 million interim profit for the six months to June 2025. Revenue rose 82 percent from a year earlier, driven by a 43 percent increase in net interest income and a 56 percent jump in fee income. Customer deposits climbed to over HK$21.1 billion, [...] The post ZA Bank Turns Profitable in First Half of 2025 With HK$49 Million Earnings appeared first on Fintech Hong Kong.| Fintech Hong Kong
WeLab Bank has launched what it says is Hong Kong’s first AI-powered foreign exchange service, offering customers cost-price FX rates with no hidden fees. The service is said to come with a “Best Rate Guarantee,” where the bank will match and refund the difference if a customer finds a better FX rate at another bank [...] The post WeLab Bank Launches AI-Powered FX Service in Hong Kong With 11 Major Currencies appeared first on Fintech Hong Kong.| Fintech Hong Kong
Visa has named Elaine Chang as its new Group General Manager for Greater China, replacing Shirley Yu, who will retire at the end of the year. Chang brings more than three decades of experience in technology and leadership. She spent 20 years at Intel before joining Amazon in 2013 as Global Vice President and General [...] The post Visa Names Former AWS Exec Elaine Chang to Oversee Greater China appeared first on Fintech Hong Kong.| Fintech Hong Kong
AI has moved from theory to practice, and is now solving real problems. The focus should now be on applying AI creatively to scalable, mass-market applications.| Fintech Hong Kong
WeLab, a Hong Kong fintech platform, and Google have announced a partnership focused on applying AI across WeLab’s operations and financial services. The collaboration aims to support WeLab’s goal of providing AI-driven financial solutions to 500 million users by 2032. Under the partnership, WeLab will use Google’s AI models and tools to enhance operational efficiency, [...] The post WeLab and Google Partner to Expand AI in Digital Banking appeared first on Fintech Hong Kong.| Fintech Hong Kong
To further support mainland tourists’ travel and spending in Macau and to encourage integration within the Guangdong-Hong Kong-Macau Greater Bay Area, Macau Pass and Alipay have introduced a top-up service allowing users to recharge their mCards via Alipay from September 26. Users can now top up their mCards at any time through the MPay app [...] The post Macau Pass and Alipay Introduce mCard Top-Up Service for Mainland Tourists appeared first on Fintech Hong Kong.| Fintech Hong Kong
iFAST Wealth Advisers Awards 2025 celebrated top firms and advisers driving innovation, excellence, and growth in wealth management.| Fintech Hong Kong
Lenovo Hong Kong and Cyberport sign MoU to support local startups and drive innovation for international growth.| Fintech Hong Kong
UnionPay International has begun a pilot QR payment link between China and Indonesia under central bank oversight.| Fintech Hong Kong
Alipay Tap! continues to expand across China, extending to wearables and enabling AI-driven ordering in Luckin Coffee’s app.| Fintech Hong Kong
The DFSA and Hong Kong SFC sign a Memorandum of Understanding to enhance cross-border oversight of collective investment scheme managers.| Fintech Hong Kong
China’s leading research funder is offering grants to study stablecoins and their cross-border impact on finance.| Fintech Hong Kong
Brinc announced the closing of its US$30 million Series B fundraise led by Hong Kong unicorn Animoca Brands.| Fintech Hong Kong
Brinc acquires OG Club, bringing its community into VentureVerse to support founders and investors with AI and blockchain tools.| Fintech Hong Kong
Blockchain/Bitcoin| Fintech Hong Kong
HashKey Group to launch Asia’s largest multi-currency Digital Asset Treasury fund, targeting US$500 million.| Fintech Hong Kong
Blockchain/Bitcoin Payments| Fintech Hong Kong
MetaComp and OSL partner to develop cross-border payments, tokenised assets, and compliance links between Singapore and Hong Kong.| Fintech Hong Kong
MetaComp and OSL partner to develop cross-border payments, tokenised assets, and compliance links between Singapore and Hong Kong.| Fintech Hong Kong
35% of Hong Kong shoppers are cautious about using AI in retail due to fraud and reliability concerns despite growing digital trends.| Fintech Hong Kong
Get the latest Fintech Hong Kong insights and news across topics like; virtual banks, web 3.0, payments, e-wallets, insurtech, and more| Fintech Hong Kong
Various| Fintech Hong Kong
Blockchain/Bitcoin| Fintech Hong Kong
XTransfer surpasses 700,000 SME clients as businesses expand into emerging markets and adapt to shifting global trade flows.| Fintech Hong Kong
Security| Fintech Hong Kong
The Hong Kong Stablecoins Bill has been passed, introducing licensing for fiat-backed stablecoin issuers to boost financial stability.| Fintech Hong Kong
Hong Kong unveils Anti-Scam Charter 3.0, uniting regulators, tech and telecom firms to combat online financial fraud.| Fintech Hong Kong
DigiFT secures SFC approval in Hong Kong to offer regulated tokenised asset services, expanding its footprint in Asia.| Fintech Hong Kong
BGE becomes the 11th firm to receive a VATP license from the SFC, joining the city’s growing regulated digital asset platforms.| Fintech Hong Kong
Funding| Fintech Hong Kong
The Hong Kong Monetary Authority has established the Project Ensemble Architecture Community to enhance the tokenisation market in Hong Kong.| Fintech Hong Kong
HKMA has officially launched the Project Ensemble Sandbox to advance tokenisation within the financial sector.| Fintech Hong Kong