Hong Kong
Towngas green hydrogen projects gain DBS backing under MOU
Towngas green hydrogen projects gain DBS backing under MOU
DBS Hong Kong will provide a loan to fund the projects.
18 hours ago
Only 1 in 5 people in Hong Kong trust banks to stop deepfake scams
FIS finds 41% have experienced or know someone targeted by AI impersonation fraud.
1 day ago
HSBC bets on retail base to drive stablecoin adoption
RedCoin is rolling out in the PayMe app that is used by 3.3 million users and 100,000 merchants.
6 days ago
Wealth and capital markets to lift Standard Chartered HK profits
The bank’s net interest margin is expected to remain stable over the next two years.
HSBC launches Hong Kong dollar stablecoin on PayMe
More than 100,000 merchants can accept RedCoin through the platform.
Ping An Digital Bank offers $6.4m trade loans to SMEs
New facilities use alternative credit data with funding available in as fast as one business day.
HSBC Private Bank trains wealthy heirs to tackle succession risks
A six-week digital course with MIT Sloan targets clients aged 23 to 30 entering family business leadership.
PingAnDB hits 96% deepfake detection accuracy in HK GenAI Sandbox test
The use case integrated AI facial recognition in the identity verification process.
EleBank opens Causeway Bay office
The office offers wealth management solutions but not deposit or withdrawal services.
BEA buys green certificates covering 30% of expected power use
The certificates represent 10,500 MWh of solar-generated electricity.
Bank Sinopac upgrades offshore HK wealth management business
The bank adopted Avaloq's wealth management platform to streamline operations.
Mox Bank offers QBE-backed home insurance through banking app
Renters and landlords can access protection for household belongings and property structures.
Ping An Digital Bank enters high-end wealth with private fund launch
It will work with J.P. Morgan Asset Management and Aberdeen Investments to offer semi-liquid fund prodcuts.
HSBC taps trade data to cut SME financing friction
The bank receives an average 1.5 million CDI information feeds each month.
Bakai Bank sets up first Central Asian bank in APAC
This comes as the Kyrgyz lender secured a banking licence from Hong Kong.
Stablecoin payments are going mainstream. Hong Kong and APAC are showing how
Hong Kong moved from a sandbox experiment to live pilot. Singapore is moving tokenisation towards institutional use.
WeLab Bank swings to loss as HK$20m tech bet bites in H1
Its revenue and net interest income grew about 8% each during the period.
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Mashreq wins two awards for digitising Trade Asset Sell-downs and launching GenAI-powered mobile onboarding for its Corporate Clients.
Commentary
The hidden realities of succession for next-gen heirs
The stablecoin conversation is missing the everyday user
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Why digital assets are set to become mainstream in APAC
Bitcoin’s latest hacks expose where trust really sits in Asia