Online Banking

The Latest

  • Fintech Company Airwallex Secures $200 Million In Fresh Capital
    Airwallex
    Airwallex will spent the proceeds on an expansion into the U.S. where it will compete with companies like digital payments company Stripe.
  • UK Lender To Sack 350 Staff, Shutter 18 Branches Due To Virus
    CUTTING COSTS
    The bank blames the pandemic and falling interest rates as the reason for its job cuts and closures.
  • HSBC Rolls Out New Digital Account Opening System For Startups In Hong Kong
    HSBC Hong Kong
    The new service will allow SMEs in Hong Kong to open business accounts without having to physically visit branches to sign documents and submit requirements.
  • Hong Kong Banks Ramp Up Promos To Tap Into HK$71 Billion Cashout To Residents
    Hong Kong Stimulus
    Hong Kong banks are offering incentives such as cash, gadgets, and gold to entice residents expected to receive government handouts to open an account.
  • PayMe Hits 2 Million-User Milestone As Online Transactions Surge
    PayMe Digital Payment
    PayMe reported a dramatic increase in new registrations to its payments platform over the past months as a direct result of the restrictions imposed to control the spread of the coronavirus.
  • UBS Seeking Digital Banking License In China To Accelerate Growth
    UBS
    UBS has applied for a nationwide, majority-owned digital bank license in China with the goal of launching its own digital banking platform once it is granted.
  • Five Virtual Banks In Hong Kong Postpone Launch Amid Pandemic
    Hong Kong Virtual Banks
    Most of the banks blame the ongoing pandemic for delaying their preparations, while some are simply waiting for the crisis to end before launching their services.