Fintech Industry News
A collection of Fintech latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
MoMo Fintech Lab hackathon targets sustainable fintech businesses - The Ghanaian Chronicle
The MoMo Fintech Lab initiative is seeking to nurture young Ghanaian innovators into entrepreneurs capable of developing sustainable financial technology (fintech) businesses to address challenges in the financial services sector. Mr. Paapa Osei…
HKMA unveils four key areas of fintech initiatives: DART framework
The Hong Kong Monetary Authority unveiled sweeping fintech initiatives – the DART framework – at the Hong Kong FinTech Week x StartmeupHK 2026 on Monday, spanning agentic finance, post-quantum cryptography, tokenization and…
FPS to unlock QR-code payments in over 40 markets through UnionPay collaboration: Paul Chan
Hong Kong's Faster Payment System will collaborate with UnionPay International, which is expected to enable QR-code payments at over 100 million merchants across the city, the mainland, and more than 40 overseas markets, Financial Secretary Paul…
Korean financial firms are buying into Japan's brokerage market
Japan's stock market rally and retail investing boom are attracting Korean financial firms seeking overseas growth, as mounting pressure on smaller brokerages creates acquisition opportunities, industry officials said Monday. Viva Republica, the…
Hong Kong provides certainty for global businesses: John Lee
Hong Kong provides global businesses with certainty from which to invest, innovate and flourish over the long term amid an ever-shifting landscape, Chief Executive John Lee Ka-chiu said on Monday. SCROLL TO CONTINUE WITH CONTENT Delivering a speech…
HK to host two financial mega events, Q3 GDP expected to beat estimates: Paul Chan
Hong Kong will kick off the first week of November by hosting two major global financial events and announcing third-quarter economic growth, which Financial Secretary Paul Chan Mo-po expects to beat market estimates on accelerating exports and…
Masks Off: Crypto Industry Responds to Binance Hack by Acting Like Banks
The crypto industry has spent the past day congratulating itself for the speed with which stablecoin issuers and other parties froze portions of the roughly $6.3 billion that left Binance wallets in the largest crypto theft on record on Thursday.
HSBC to set up AI & Emerging Technology Institute in Hong Kong in Q1 2027
HSBC (0005) is planning to set up a global AI & Emerging Technology Institute in Hong Kong in the first half of 2027, partnering with the Hong Kong University of Science and Technology, said HSBC's chief executive Georges Elhedery. SCROLL TO…
Bakai Bank eyes early 2027 HK launch to tap Chinese yuan liquidity
Bakai Bank is targeting a commercial launch in Hong Kong early next year to leverage the city's offshore Chinese yuan liquidity, positioning itself to facilitate yuan-denominated cross-border trade as the currency becomes the primary settlement…
HSBC bets on HK beyond new AI institute wth tokenized gold, quantum-ready encryption
HSBC chief executive Georges Elhedery said the bank will sign a partnership agreement tomorrow to establish an AI & Emerging Technology Institute in Hong Kong, with Hong Kong University of Science and Technology (HKUST) as its first anchor academic…
Crypto 'scammers on overdrive' as Binance customers pull billions from accounts after $6.3bn hack - business live
Good morning, and welcome to our rolling coverage of business, the financial markets, and the world economy. Crypto scammers are now in “overdrive”, the founder of crypto exchange Binance has warned, as customers pull billions in…
Eight-day cyberattack highlights risks for Cyprus financial firms
Financial institutions in Cyprus face growing risks from prolonged cyberattacks, after a distributed denial-of-service (DDoS) attack targeting a bank lasted 200 hours in the third quarter of 2026, according to cybersecurity company Qrator Labs…
Rs 1 trillion a day! UPI creates history with record transactions in October ahead of Diwali, Chhath
India's Unified Payments Interface (UPI) crossed a major landmark in October as its average daily transaction value went past Rs 1 lakh crore for the first time, with festive spending fueling digital payments nationwide. Cumulative UPI transaction…
HSBC to open Hong Kong AI Institute following Singapore launch
Sign up now: Get insights on Asia's fast-moving developments Published Nov 02, 2026, 11:55 AM HONG KONG - HSBC is setting up an artificial intelligence and emerging technology institute in Hong Kong, as the city's largest bank steps up its AI push…
MTN Nigeria's Nine-Month Profit Rises 55.3% as Data Revenue Grows
MTN Nigeria Communications Plc's group profit after tax was N1.165 trillion for the nine months through Sept. 30, a 55.3% year-over-year increase as data revenue grew and net finance costs fell. Total revenue reached N4.613 trillion, an increase of…
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