Virtual Banking
The Latest
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Digital Lender WeLab Bank Opens For Business In Hong Kong
WeLab Bank is offering several promotions such as high annual interest rates and purchase rebates for new depositors. 
WeLab Bank is offering several promotions such as high annual interest rates and purchase rebates for new depositors. -
HSBC Rolls Out New Digital Account Opening System For Startups In 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. 
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 banks are offering incentives such as cash, gadgets, and gold to entice residents expected to receive government handouts to open an account. 
Hong Kong banks are offering incentives such as cash, gadgets, and gold to entice residents expected to receive government handouts to open an account. -
Five Virtual Banks In Hong Kong Postpone Launch Amid Pandemic
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. 
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. -
Hong Kong Digital Bank ZA Offering 6 Percent Rate To Depositors
Za Bank Ltd, a unit of ZhongAn Technologies, is offering a promotion that gives its depositors a 6 percent rate for its three-month Hong Kong dollar time-deposit accounts. 
Za Bank Ltd, a unit of ZhongAn Technologies, is offering a promotion that gives its depositors a 6 percent rate for its three-month Hong Kong dollar time-deposit accounts. -
Tencent Holdings To Integrate QR Code System With UnionPay
Tencent Holdings and China UnionPay have formed a new partnership to establish a unified QR code system for their WeChat Pay and Quickpass digital payments. 
Tencent Holdings and China UnionPay have formed a new partnership to establish a unified QR code system for their WeChat Pay and Quickpass digital payments. -
Ant Financial Joins Rivals In Bid To Acquire Singapore Digital Banking License
Ant Financial, startup gaming company Razer, and ride-hailing firm Grab applied for licenses offer virtual banking services in Singapore in the same week. 
Ant Financial, startup gaming company Razer, and ride-hailing firm Grab applied for licenses offer virtual banking services in Singapore in the same week. -
ZA Bank Is Hong Kong's First Virtual Bank To Launch Services
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. 
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. -
Ant Financial Eyeing Virtual Bank Permit In Singapore
Alibaba Group affiliate Ant Financial Services Group has expressed interest in applying for a virtual banking license in Singapore. 
Alibaba Group affiliate Ant Financial Services Group has expressed interest in applying for a virtual banking license in Singapore. -
Virtual Banks In Hong Kong Negotiating Access To City's ATMs
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. 
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.
