Hong Kong

Hong Kong, officially the Hong Kong Special Administrative Region of the People's Republic of China, is a city and special administrative region of China in the eastern Pearl River Delta by the South China Sea.

Source: en.wikipedia.org

FundPark Gets $250 Million for Chinese Working Capital Projects
FundPark Gets $250 Million for Chinese Working Capital Projects
June 25, 2024  |  Startups

Hong Kong-based FinTech FundPark reportedly obtained a $250 million private loan led by HSBC. The loan is the second investment of this type FundPark has...

READ MORE >
CBDC Scrutiny Underscores Role of Compliance in Scaling Digital Innovations
CBDC Scrutiny Underscores Role of Compliance in Scaling Digital Innovations
May 29, 2024  |  CBDC

The technology for central bank digital currencies (CBDCs) already exists. And as dozens of countries around the world have proven, in less time than it...

READ MORE >
Worldcoin Ordered to Stop Iris-Scanning Operations in Hong Kong
Worldcoin Ordered to Stop Iris-Scanning Operations in Hong Kong
May 22, 2024  |  Biometrics

Worldcoin, the eyeball-scanning digital identity startup co-founded by OpenAI CEO Sam Altman, has been ordered to cease its operations in Hong Kong. Hong Kong’s Office of the Privacy Commissioner for...

READ MORE >
Digital Wallets Provide Local Touch to Connected Travel Experiences
Digital Wallets Provide Local Touch to Connected Travel Experiences
April 29, 2024  |  Mobile Wallets

Alipay+ unveiled a cross-border payments initiative in a move to boost Hong Kong’s tourism and commerce sector. The platform facilitates transactions for users of 14 overseas mobile wallets and bank apps from...

READ MORE >
Bakkt Expands Crypto Trading Capabilities to 5 More Countries
Bakkt Expands Crypto Trading Capabilities to 5 More Countries
January 24, 2024  |  Cryptocurrency

Bakkt has expanded its crypto trading capabilities to Brazil, Guatemala, Spain, Hong Kong and Singapore. This expansion broadens Bakkt’s footprint in Latin America and marks its...

READ MORE >
ipaymy Launches Automated Invoicing Platform for SMBs
ipaymy Launches Automated Invoicing Platform for SMBs
January 15, 2024  |  B2B Payments

Singapore-based FinTech ipaymy has launched an automated invoicing platform for small- to medium-sized businesses (SMBs) in Singapore, Hong Kong SAR, Malaysia and Australia.  The new Fetch platform is...

READ MORE >
Hong Kong and Thailand Unveil Cross-Border QR Code Payment System
Hong Kong and Thailand Unveil Cross-Border QR Code Payment System
December 04, 2023  |  Cross Border Commerce

Hong Kong and Thailand are bridging the gap between their economies. The two countries launched a new cross-border QR code payment system, known as the...

READ MORE >
Mastercard Says Robust Payment Networks Prevent Need for Retail CBDC
Mastercard Says Robust Payment Networks Prevent Need for Retail CBDC
November 17, 2023  |  CBDC

Mastercard said the widespread adoption of central bank digital currencies (CBDCs) faces challenges due to consumer comfort with traditional forms of money. CBDCs would have...

READ MORE >
Yedpay and Mastercard Introduce ‘One Touch’ Payment Solution
Yedpay and Mastercard Introduce ‘One Touch’ Payment Solution
November 10, 2023  |  Real-Time Payments

Yedpay, a Hong Kong-based payment technology company, has partnered with Mastercard to provide a new payment tool for real-time cash flow.  Through their collaboration, they aim...

READ MORE >