Ant Bank (Hong Kong), the digital banking arm of Ant International, has received a $100 million capital infusion from its parent company as it seeks to scale up its services and broaden its role in Hong Kong’s digital financial ecosystem. The funding, according to an… Read More
Read more in: Fintech, Asia | Tagged ant bank, ant financial, ant international, digital banking, fintech, hong kong
Hong Kong as jurisdiction was slow out of the gate when it came to Fintech innovation. But this initial hesitancy was soon made up by a dedicated public-private partnership determined to establish Hong Kong as a top Fintech hub – a successful move. InvestHK, a… Read More
Read more in: Asia, Featured Headlines, Fintech, Global | Tagged airstar bank, ant bank, banking, china, fusion bank, hong kong, investhk, livi bank, mox bank, ping an oneconnect, virtual bank, za bank
Risk Alert against the Hype of Overseas Virtual Currency Exchanges Back in 2017, the People’s Bank of China (PBC), Cyberspace Administration of China and other 5 ministries published the “Notice on Guarding against Risks of ICOs”, stipulating that virtual currency trading and ICOs are illegal… Read More
Read more in: Asia, Blockchain & Digital Assets, Featured Headlines, Fintech, Global, Insurtech, Politics, Legal & Regulation | Tagged ant bank, banking, baoxianchacha, china, cyberspace administration of china, hong kong, huawei pay, national internet finance association of china, peoples bank of china, singapore, virtual bank, weiyangx, xu gao
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