The development of fintech and the strong desire of mainland Chinese companies to go global are conducive to Chinese and international banks setting set up operations in Hong Kong, according to the head of the city’s de facto central bank. “While many international and mainland banks already use Hong Kong as a base to develop…
The development of fintech and the strong desire of mainland Chinese companies to go global are conducive to Chinese and international banks setting set up operations in Hong Kong, according to the head of the city’s de facto central bank. “While many international and mainland banks already use Hong Kong as a base to develop…
Digital banking. The phrase means different things to different consumers, but for the PYMNTS app provider rankings, digital banking includes the apps that enable them to plan, spend and track their money within the same ecosystem. You would expect SoFi’s page to do well here, and you would be right. SoFi topped our August rankings…
Consumers typically rely on a diverse array of apps to manage their financial lives: a mobile banking app for their current account, a digital wallet for payments, a separate app for stock trading, another for budgeting, and yet another for insurance. Each app, while excellent in its specific function, exists in a silo, forcing the…
Nearly a Quarter of Respondents Have a Poor Impression of Digital BanksOnly 30% of Users Prefer Digital Banks for Financial Management HONG KONG, July 7, 2025 /PRNewswire/ — ECHO ASIA, in collaboration with students from Global Business Studies, CUHK Business School, is pleased to announce the release of the Hong Kong’s Digital Banking User Experience…