Banking Technology
HKMA to hold tender for 2-year exchange fund notes
HKMA to hold tender for 2-year exchange fund notes
A total of $1.2b in two-year notes will be offered.
PBOC and HKMA sign MOU on cross-boundary linkage of payment systems
They also exchanged views on financial co-operation between the Mainland and Hong Kong.
Hong Kong’s business scholars target top finance employers for work-life balance
Educators at business schools confirm that students’ career priorities have shifted.
BOCHK warns customers against phishing messages, fake app
The case has been reported to the HKMA and the police.
DBS Hong Kong launches WMC Northbound scheme
Investors can invest in products from Mainland fund managers using the new scheme.
Hang Seng increases HKD prime rate and savings rate starting 5 May
Amongst considerations in the adjustments is interbank rates.
Singaporean WealthTech firm Endowus sets foot in HK
This will be Hong Kong's first fee-only digital wealth management platform.
HSBC unveils Well+, incorporates banking and insurance in one platform
Customers can earn rewards of up to $2,000.
Fusion Bank wins big at the HKB Management Excellence Awards 2021
It has bagged the Executive of the Year - Banking and the Team of the Year - Banking awards.
HSBC bags two trophies at the HKB Greater Bay Area Enterprise Awards
The bank leverages its cross-border capabilities to better serve customers and SMEs in the Greater Bay Area
Nearly 2 in 5 HK adults will have virtual bank accounts by 2026
A total of 2,051,387 adults is projected to be virtual bank owners in five years.
HSBC secures awards in Digital, AI – Banking Category at HKB Technology Excellence Awards 2021
The future is here: Simplified data-driven banking meets world-class service
Bank of East Asia warns of fake website
Customers who used the site are advised to report their cases to the police.
HK SMEs more likely to switch to digital banks, fintech: EY
This signaled the growth in the digital transformation of SMEs in the city.
Bank of East Asia unveils UnionPay QR code cash withdrawal service
All BEA ATMs in Hong Kong will offer this service.
Finastra, Hundsun Lirong to co-develop treasury solution for Chinese banks
The solution aims for a more efficient domestic treasury system.
Hong Kong arrests 4 in alleged $155m crypto money laundering case: report
This is the first time that the city detected a money laundering case with cryptocurrency.
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