The Hub’s launch is accompanied by videos featuring regtech solutions from HSBC, Citibank, iFinHealth, Ping An OneConnect Bank and ASTRI.
April 27, 2022What were some of the challenges of rolling out virtual banks in Hong Kong, and what were the biggest factors in technology and regulatory compliance considerations?
October 7, 2020Ant Bank and Ping An OneConnect Bank launched virtual banks in Hong Kong. Fusion Bank is the only virtual bank that has not yet commenced operations.
October 1, 2020Mox Bank, backed by Standard Chartered, PCCW, HKT and Ctrip Financial, is first opening accounts for its 20,000 pre-registrants before it opens to the rest of the public.
September 9, 2020Livi Bank, backed by BOCHK, JD Digits and Jardine Matheson, has become the fourth virtual bank to open to the public in Hong Kong.
August 12, 2020WeLab Bank was the only stand-alone company to win a virtual bank licence from the HKMA. It commenced pilot services in April.
July 30, 2020Successful virtual banks are likely to branch out into wealth management services, robo-advisory and fund distribution, says a new Calastone paper.
July 3, 2020Ping An OneConnect Bank is inviting 200 SMEs and 2,000 retail customers to pilot test its virtual banking services in the HKMA's sandbox.
June 26, 2020