https://www.scmp.com/rss/506839/feed Nurturing technological innovation that can change the world of finance. en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png https://www.scmp.com Over the past few years, Hong Kong has claimed its place as the world’s pre-eminent fintech hub. The city is now home to more than 600 fintech companies across segments as diverse as personal finance, wealthtech, insurtech, payments and regtech – or audit, risk and regulatory compliance – drawing start-ups and established firms alike. The return of the annual Hong Kong FinTech Week in November places this success firmly in the spotlight. Already one of the most important events on the global... https://www.scmp.com/presented/business/topics/fintech-fast-track/article/3152960/hong-kongs-success-financial-hub?utm_source=rss_feed https://www.scmp.com/presented/business/topics/fintech-fast-track/article/3152960/hong-kongs-success-financial-hub?utm_source=rss_feed Wed, 20 Oct 2021 06:18:11 +0000 [Sponsored Article] It is no surprise that Hong Kong, one of the world’s leading financial centres, has evolved into a prime location for the fast-growing financial technology (fintech) sector. The city is home to more than 600 fintech companies and start-ups, including five unicorns, and is Asia‘s wealthiest fintech hub outside mainland China. Hong Kong’s strong funding environment is just one of the factors helping to drive the growth of the city’s fintech sector. HKEX, the stock exchange of... https://www.scmp.com/presented/business/topics/fintech-fast-track/article/3146832/how-hong-kong-fast-tracks-businesses?utm_source=rss_feed https://www.scmp.com/presented/business/topics/fintech-fast-track/article/3146832/how-hong-kong-fast-tracks-businesses?utm_source=rss_feed Mon, 30 Aug 2021 03:04:14 +0000 Financial technology (fintech) and artificial intelligence (AI) have the potential to transform everything from managing risk, to boosting financial inclusion. Industry leaders and investors at November’s Hong Kong FinTech Week 2020 discussed how humanising fintech could not only improve the bottom line of businesses but also significantly enhance the lives of consumers. The fully virtual event held from November 2 to 6, which attracted over 1.2 million viewers and led to more than 18,000... https://www.scmp.com/presented/tech/innovation/topics/fintech-fast-track/article/3111963/how-fintech-and-ai-will-boost?utm_source=rss_feed https://www.scmp.com/presented/tech/innovation/topics/fintech-fast-track/article/3111963/how-fintech-and-ai-will-boost?utm_source=rss_feed Wed, 02 Dec 2020 06:07:19 +0000 [Sponsored article] The social-distancing requirements resulting from the Covid-19 pandemic have accelerated the digitalisation of various types of businesses, notably those in the financial sector. Innovation in financial technology, or fintech, has become essential for companies to continue thriving in the so-called new normal. At the same time, it opens up a huge, untapped market of 1.7 billion people globally who have yet to gain access to financial services. In Asia, the growth of fintech... https://www.scmp.com/presented/tech/innovation/topics/fintech-fast-track/article/3105520/6-fintech-trends-will-redefine?utm_source=rss_feed https://www.scmp.com/presented/tech/innovation/topics/fintech-fast-track/article/3105520/6-fintech-trends-will-redefine?utm_source=rss_feed Mon, 19 Oct 2020 02:03:08 +0000 [Sponsored article] Despite the ongoing Covid-19 pandemic, Hong Kong has remained an important financial hub for Asia thanks to its free flow of capital, a reliable legal system and thriving financial services market. The city’s financial services sector has played a crucial role in its economic success. Between 2004 and 2018, its contribution to the gross domestic product rose from 13 per cent to 20 per cent, a report published in April by the Census and Statistics Department said. There is... https://www.scmp.com/presented/business/banking-finance/topics/fintech-fast-track/article/3096146/why-has-hong-kong?utm_source=rss_feed https://www.scmp.com/presented/business/banking-finance/topics/fintech-fast-track/article/3096146/why-has-hong-kong?utm_source=rss_feed Fri, 07 Aug 2020 09:32:08 +0000