More than 10 local and overseas firms have expressed interest in providing virtual banking services in Hong Kong, according to the HKMA. Photo: Reuters
Virtual banks queue for slice of Hong Kong market, as HKMA pushes fintech adoption
Hong Kong Monetary Authority says it will publish revised guidelines for virtual banks ‘very soon’, adding to expectations licenses will be granted this year
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Hong Kong Monetary Authority (HKMA)
More than 10 local and overseas firms have expressed interest in providing virtual banking services in Hong Kong, according to the HKMA. Photo: Reuters