Latest virtual banks publications

Ahead of his appearance at Cloud Expo Asia Hong Kong in May, founding member of ZhongAn subsidiary says new virtual bank will ‘sit down with and listen to users to make a bank for them’ Digital insurer ZhongAn Online could launch its first virtual banking services in Hong Kong in just six months’ time, ZhongAn... Read More

Industrial & Commercial Bank of China and Xiaomi also awarded licenses by Hong Kong’s financial regulator The race to disrupt Hong Kong’s traditional banking sector is heating up with four new major companies winning licenses to create virtual banks in the city. The latest players to be granted licenses are Tencent Holdings Ltd., Ant Financial,… Read More