“The Chinese name of the virtual bank could be interpreted as ‘fictional’, which carries a meaning of not real or true. The name has a negative impact on virtual banks,” …
Hong Kong banks, both virtual and bricks-and-mortar, are going all out to promote e-lai see, as sending and receiving lucky money electronically is fast rivalling the traditional practice of handing …
Hong Kong’s virtual banks are increasingly teaming up with the city’s digital insurers to promote and sell insurance products as the city’s regulators nurture cross-sector fintech development. WeLab Bank, Mox …