08/21/2020
The first part of the report assesses the current status of AI adoption in the Hong Kong banking industry based on an industry-wide survey conducted by the HKMA, and the findings indicate that banks in Hong Kong have adopted AI in all key functional areas
08/18/2020
As a result, the market has not been fully exploited to satisfy the potential needs of economic agents operating in Israel, said the article.
08/18/2020
The platform, to be jointly operated by both parties and used for retail investors in Thailand, will help Lufax to expand its footprint in the region.
08/17/2020
Virtual banks are also insured by the Deposit Protection Scheme, so any amount up to HK$500,000 is secured by the Hong Kong government even if they go out of business.
08/17/2020
Mr Alex Twigg, co-founder of Australian start-up Judo Bank, has been hired for the business, which has been code-named "Project Phoenix," the people added.
08/17/2020
According to the ministry, testing will first kick off in Shenzhen, Chengdu, Suzhou, Xiong’an and 2022 Winter Olympics sites before extending to other regions.