digital banking

The Latest

  • ZA Bank Is Hong Kong's First Virtual Bank To Launch Services
    ZA Bank Hong Kong
    ZA Bank has started to roll out its virtual banking services to a limited number of users in Hong Kong, marking the start of a new era in the city's banking industry.
  • Tencent-Backed Fintech Company Yeahka To List In Hong Kong
    Yeahka IPO
    Online payment services provider Yeahka is reportedly seeking to raise as much as $300 million through a public listing in Hong Kong.
  • Alipay Forms Strategic Partnership With Cambodia's DaraPay
    Alibaba Alipay
    Alibaba Group's Alipay has formed a strategic partnership with Cambodia's DaraPay to make its services available in the country.
  • HSBC Ramps Up Investments In Digital Banking And Fintech
    HSBC
    There’s no stopping HSBC in its target of investing further on digital banking processes and fintech applications with or without a virtual license.
  • Virtual Banks In Hong Kong Negotiating Access To City's ATMs
    Hong Kong Virtual Banks
    The eight virtual banks, which just received their licenses to operate in Hong Kong, are reportedly now in talks with the city's largest ATM operator.
  • European Digital Banks N26 And Monzo To Enter US Market
    Digital Banking
    Germany's N26 and UK's Monzo have revealed plans of expanding into the United States by offering their online-only banking services.
  • Former Central Bank Head Suggests China Have Its Own Cryptocurrency
    China Digital Currency
    The former governor of the People's Bank of China suggested that the country should follow Hong Kong's current monetary system for its own digital currency.
  • Singapore Seriously Considering Issuance Of Virtual Banking Licenses
    Singapore Banking Industry
    Singaporean Prime Minister Lee Hsien Loong revealed that the city's Monetary Authority is now actively studying the possibility of issuing virtual banking licenses to digital banking startups.
  • Standard Chartered Is Third Hong Kong Bank To Scrap Account Fees
    Standard Chartered Bank
    Standard Chartered announced this week that it would be abolishing its minimum balance penalties and other fees starting August.
  • HSBC Scraps Account-Related Fee To Compete Against Virtual Banks
    HSBC Bank
    HSBC announced this week that it will be removing various account-related fees including minimum balance fees, counter fees, and annual fees.
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