Hong Kong’s virtual banks set to become digital banks
The Hong Kong Monetary Authority (HKMA) published today the conclusions on the consultation on the proposal to rename Hong Kong’s virtual banks.
Hong Kong virtual banks
ZA Bank integrates Wise
ZA Bank integrates Wise to become first HK bank to launch international transfers with no FX mark-ups or hidden fees.
ZA Bank appoints Ronald Iu as Chief Risk Officer
Hong Kong virtual bank ZA Bank has announced the appointment of Ronald Iu as the new Chief Risk Officer.
Mox launches new service for instant money transfers
The new Mox service, a first from a Hong Kong virtual bank, improves cash flow control of customers and brings them convenience.
Incidents at HK virtual banks spark concerns
Incidents involving the networks and operating systems of a number of Hong Kong virtual banks have occurred in recent months, including cyberattacks.
