Capco Digital news and trends

Ant, Tencent, Xiaomi Seek Hong Kong Digital Banking Licenses

February 22, 2019
Hong Kong
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Ant, Tencent, Xiaomi Seek Hong Kong Digital Banking Licenses

February 22, 2019
As Hong Kong gears up to roll out digital banking licenses, a few of the largest banks in the world are set to compete with online firms. The government plans to provide digital banking licenses to companies such as Ant Financial, Tencent, Xiaomi, ZhongAn, and Alibaba, The Financial Times reported. Only a few banks currently lead […]