In 2015, Scott Thiel, Partner at DLA Piper said that “[...] the increasing adoption of alternative payment solutions demonstrate how Hong Kong’s high mobile penetration and connectivity is providing an ideal FinTech consumer base.” And the last year’s statistics suppor...Read More

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 payment and digital wallet operators. Via FPS, users can...Read More

Smartphones have become our go-to devices for almost everything. Whether we want to communicate, take a photo, read the news, or check some information online - the solution is right there, in our pocket. These devices have taken the world by the storm: the number of smartphone users is estimate...Read More