Hong Kong Monetary Authority

Ant Group Debuts Virtual Bank In Hong Kong Weeks After Filing IPO
Ant Group Debuts Virtual Bank In Hong Kong Weeks After Filing IPO
September 28, 2020  |  Digital Banking

Ant Bank, the virtual banking division of Hangzhou, China-based Ant Group, has launched banking services in Hong Kong, Fintech News reported. The Hong Kong Monetary...

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HKMA, BOT Team On FinTech Initiatives
HKMA, BOT Team On FinTech Initiatives
May 15, 2019  |  Partnerships / Acquisitions

The Hong Kong Monetary Authority (HKMA) and the Bank of Thailand (BOT) announced on Wednesday (May 15) that they have inked a deal to collaborate...

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Flagstone Notches £11m In Funding; Hong Kong Awards Virtual Banking Licenses
Flagstone Notches £11m In Funding; Hong Kong Awards Virtual Banking Licenses
May 09, 2019  |  Global Payments

Welcome to The Axis, your late look at payments news from around the world. Coverage includes the Czech Republic-based Twisto’s €14 million raise. In addition,...

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Hong Kong Central Bank Digs Heels Deeper Into Blockchain
Hong Kong Central Bank Digs Heels Deeper Into Blockchain
July 19, 2018  |  B2B Payments

Hong Kong’s central bank is digging its heels deeper into blockchain with plans to launch a trade finance platform in cooperation with seven banks, reports...

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Hong Kong Monetary Authority Grants Eight SVF Licenses
Hong Kong Monetary Authority Grants Eight SVF Licenses
November 07, 2016  |  International

PayPal Hong Kong and seven more issuers received stored value facility licenses from the Hong Kong Monetary Authority (HKMA). According to a report by Reuters, with...

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