Hong Kong’s Stablecoins Ordinance marks a significant milestone, as cross-border payments using the cryptocurrency can facilitate trade-finance flows between Hong Kong, mainland China and global markets such as the Middle East, according to the CEO of Zand, an AI-powered fintech and financial-services group in the United Arab Emirates (UAE). Future development under the ordinance could…
Hong Kong authorities will strive to create a conducive environment for the wide-ranging application of stablecoins in a bid to provide practical help for businesses to resolve cross-border payment issues, the city’s finance chief has said. Financial Secretary Paul Chan Mo-po on Sunday reaffirmed the government’s efforts in applying fintech to resolve long-standing “pain points”…
Sinziana Albu, Senior News Editor at The Paypers, shares insights into the fast fashion industry, particularly on the way multiple companies have partnered with financial institutions in order to gain back customer trust after being accused of leveraging user data illegally, polluting the environment, exploiting workers, and more. The fast fashion industry focuses on a…
Fintech company Aspire has partnered with Episode Six (E6), a global card infrastructure provider, to launch a corporate card for SMBs in Hong Kong and Singapore. Finance platform for businesses, Aspire, offers its customers simplified financial management with a unified interface for payments, treasury, and expense solutions. By working with E6, Aspire offers more efficiency…
Boxo has partnered with global payments infrastructure firm Nium to introduce a white-label remittance platform designed for mobile apps. The platform allows mobile app developers to integrate international money transfer capabilities directly into their existing services using Boxo’s software development kit (SDK). Through this integration, app users can access a streamlined and affordable option…