Due to its rich history, enviable cultural mixture, and stunning sights, Hong Kong has been labeled The City of Dreams. With such a reputation, this metropolis attracts people from around the globe. With nothing but a knapsack on their back and a...
Statistics presented by the ACFE 2018 Report to the Nations Global Study on Fraud and Abuse indicated that U.S. businesses lose on average 5% of their gross revenue to fraud. Furthermore, small businesses and private companies rank higher in occu...
Mobile and digital wallets first started gaining momentum in the first decade of the 21st century. They were designed with the intention of improving user experience by providing convenience, leveraging data, simplifying the payment process, and...
Due to its unique geopolitical position and independence, Hong Kong managed to become Asia’s and international greatest business hub. It is renewed for its low tolerance for corruption, high-quality legal framework, and strong support for t...
Last month, the Hong Kong Monetary Authority (HKMA) officially launched their "fast speed" service called Faster Payment System. FPS is is a real-time gross settlement payment system that connects 21 banks, but also 10 electronic paymen...
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