Sunday, April 11, 2021
Tags Chinese virtual banking

Tag: Chinese virtual banking

UnionPay International Teams up with Hong Kong Digital Bank to Issue Virtual Debit Card

The Hong Kong subsidiary of Chinese payments giant China UnionPay has teamed up with local digital lender Livi Bank to launch a...

Ping An’s Virtual Bank Commences Operation in Hong Kong

Another virtual bank has officially kicked off operation in Hong Kong following the issuance of licenses by the local monetary authority in...

UBS Chooses China for Launch of New Digital Banking Platform It Wants to Go Global

Swiss bank UBS hopes to launch a digital banking platform in China first before subsequently bringing it to the global market.

Standard Chartered’s Virtual Bank Mox Announces the Launch of Trial Operations in Hong Kong

Standard Chartered's virtual bank Mox has just launched a trial run of its online services in Hong Kong.

ZhongAn Online’s Hong Kong Virtual Bank Enters Cashless Payments Agreement with Visa

The Hong Kong digital banking subsidiary of Chinese fintech company ZhongAn Online has entered an agreement with Visa to work on cashless...

Two More Chinese Consortiums Join Race for Virtual Banking License in Singapore

Two more Chinese-led consortiums have announced plans to compete for the virtual banking licenses on offer from the Singaporean central bank.

Ant Financial Seeks Virtual Banking License in Singapore

Jack Ma's Ant Financial has flagged its ambitions to expand into the virtual banking sector of the South-east Asian city-state of Singapore....

Virtual Banking to Be a Key Theme at 2019 Hong Kong FinTech Week

The rise of virtual banking in the greater China region is set to be one of the key themes at the 2019 Hong...

Hong Kong Monetary Authority Issues Virtual Banking Licenses to Ant Financial, Tencent, Ping An and Xiaomi Subsidiaries

The subsidiaries of a slew of China's leading fintech players have obtained licenses to operate virtual banks in Hong Kong.

China’s First Legal Person Direct Bank Sees Users Exceed 10 Million in a Year

The first direct bank in China that enjoys status as an independent legal person has seen its user numbers surge above the eight digit...

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Digital Renminbi Makes Its Debut on Renmin University Campus

Ongoing trials of China's Digital Renminbi have brought the central bank digital currency to one of the country's most prestigious tertiary institutions....

China’s Services Exports Surge over 20% since Start of 2021, Imports Plunge by More Than 18%

China has seen a sharp rise in its exports of services since the start of 2021, in tandem with a plunge in...

Liquidity to Come Under Modest Pressure in April Following Funds Contraction of 30 Billion Yuan in March

Liquidity in the Chinese finance system is expected to come under modest pressure in the month of April as a result of...

China Co-chairs G20 Sustainable Finance Study Group with United States

China will play a leading role in efforts by the G20 to develop solutions for the challenges faced by the global sustainable...