Fintech News Hong Kong

18/08/2025

SUNRATE secures a China payment license through its RMB 315 million acquisition of Transfar Pay.

Read here: https://fintechnews.hk/35177/fintechchina/sunrate-china-payment-license/

SUNRATE has obtained a China payment license through its RMB 315 million Transfar Pay acquisition, following recent approval in Malaysia.

15/08/2025

Hong Kong regulators urge caution as speculation over stablecoin licensing fuels sharp market movements.

Read here: https://fintechnews.hk/35168/blockchain/hkma-sfc-warning-stablecoin-market-speculation/

HKMA and SFC warn investors over stablecoin market swings, citing strict licensing rules and risks from unverified claims.

15/08/2025

FWD Group marks its 12th anniversary with 12 community grants across 10 Asian markets.

Read here: https://fintechnews.hk/35163/various/fwd-12th-anniversary-community-grants-asia/

FWD Group marks 12th anniversary with 12 grants in 10 Asian markets for financial literacy, health, and career readiness projects.

15/08/2025

New data shows APAC facing higher fraud rates than the global average, driven by both human-led and digital threats.

Read here: https://fintechnews.hk/34901/security/lexis-nexis-apac-cybercrime-report-2025-fraud-trends/

The 2025 LexisNexis Cybercrime Report reveals a sharp increase in cyber fraud across APAC, despite a more stable global picture.

14/08/2025

The APAC crypto industry is evolving fast. By 2025, most businesses plan to expand into new markets, automate verification, and boost compliance efforts.

See the full trends here: https://bit.ly/3H72HhF

14/08/2025

AlipayHK will keep waiving fees to encourage Hong Kong taxi drivers to adopt e-payments before next year’s mandate.

Read here: https://fintechnews.hk/35151/payments/alipayhk-fee-waiver-hk-taxi-drivers/

AlipayHK will keep waiving fees for Hong Kong taxi drivers to boost e-payment use, as most still prefer cash despite 2025 mandatory rules.

14/08/2025

Wealth management is moving to discretionary portfolios, with tools like iFAST’s helping advisers manage at scale and focus on client advice.

Read here: https://fintechnews.hk/35043/wealthtech/discretionary-portfolio-management-tools-ifast/

Digital platforms like iFAST help financial advisers scale smarter with tools for rebalancing, mass transactions, and more.

14/08/2025

Michael Benz has been appointed Head of Hong Kong and APAC at AMINA Bank.

Read here: https://fintechnews.hk/35145/various/amina-bank-michael-benz-hong-kong-apac/

AMINA Bank appoints Michael Benz as Head of Hong Kong and APAC, bringing 30 years’ experience amid evolving crypto regulations.

14/08/2025

With stricter enforcement looming, crypto firms in the Asia Pacific must close compliance gaps, including the Travel Rule, or risk regulatory blowback and rising fraud exposure.

Read here: https://fintechnews.hk/33979/regtech/apac-crypto-travel-rule-compliance/

The APAC crypto Travel Rule compliance is lagging behind, opening the door to fraud. Find out what firms must do to ensure compliance.

14/08/2025

Real-time fraud transaction monitoring uses AI to instantly flag anomalies in behavior, velocity, amount, and context.

Read here: https://fintechnews.hk/35065/security/seon-fraud-transaction-monitoring/

Fraud is evolving fast, pushing fintechs and payment providers to rethink their approach to user registration and transaction monitoring

13/08/2025

Future Fintech’s Hong Kong subsidiary is applying for VASP and asset management licenses to expand into regulated virtual asset services.

Read here: https://fintechnews.hk/35129/blockchain/future-fintech-hk-vasp-asset-management-licenses/

Future Fintech’s Hong Kong unit seeks Type 1 VASP and Type 9 Asset Management licenses from the SFC to expand into virtual assets.

13/08/2025

From e-commerce and digital subscriptions to SaaS and travel platforms, companies are increasingly turning to APAC as the frontier for their next phase of growth.

Read here: https://fintechnews.hk/34764/payments/apac-cross-border-payments/

Cross-border payments remain a key operational challenge for companies expanding into the Asia Pacific (APAC) region.