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AirStar Bank has announced the launch of a pilot trial in Hong Kong, which will be conducted within the Hong Kong Monetary Authority’s Fintech Supervisory Sandbox. About 2,000 friends and families of the staff of Airstar, Xiaomi Hong Kong and AMTD Group will…
Hong Kong’s banking history enters a new chapter with the launch of its first virtual lender, ZA Bank. ZA Bank, co-owned by ZhongAn Online P&C Insurance and Sinolink Group, launched yesterday to become the first virtual bank to kickstart services in Hong…
Hong Kong’s upcoming virtual banks are considering cash withdrawal capabilities for its customers through automatic teller machine giant Jetco. Under the terms of the newly issued virtual banking licenses, no physical branches are allowed to be made and a…
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