Hong Kong

Hong Kong, officially the Hong Kong Special Administrative Region of the People's Republic of China, is a city and special administrative region of China in the eastern Pearl River Delta by the South China Sea.

Source: en.wikipedia.org

McDonald’s Sells Chinese Ops In $2B Deal
McDonald’s Sells Chinese Ops In $2B Deal
January 10, 2017  |  Retail

Fast-food giant McDonald’s Corp. has reached a pact to sell most of its China- and Hong Kong–based operations to Chic, the Chinese state-backed entity, along...

READ MORE >
Citibank Launches Touch ID Sensor Authentication In Hong Kong
Citibank Launches Touch ID Sensor Authentication In Hong Kong
November 08, 2016  |  Biometrics

Citibank announced Monday (Nov. 7) it launched its Touch ID Sensor authentication service in Hong Kong. In a press release, Citibank said the service provides...

READ MORE >
Hong Kong Monetary Authority Grants Eight SVF Licenses
Hong Kong Monetary Authority Grants Eight SVF Licenses
November 07, 2016  |  International

PayPal Hong Kong and seven more issuers received stored value facility licenses from the Hong Kong Monetary Authority (HKMA). According to a report by Reuters, with...

READ MORE >
Fraudsters Bilk Bankers Out Of $32M
Fraudsters Bilk Bankers Out Of $32M
November 01, 2016  |  Security & Fraud

Investment bankers in Hong Kong were tricked out of millions of dollars by a cash-advance business called Global Merchant Funding (GMF). According to Bloomberg, smooth-talking...

READ MORE >
Hong Kong Regs Keep Pressing For Treasurers
Hong Kong Regs Keep Pressing For Treasurers
October 24, 2016  |  B2B Payments

Hong Kong is again pushing for more multinational corporate treasurers to call the city home with a new initiative by local regulators. Reports Friday (Oct....

READ MORE >
Money Data Limited Taps Thomson Reuters Risk Solutions For Hong Kong Compliance
Money Data Limited Taps Thomson Reuters Risk Solutions For Hong Kong Compliance
September 22, 2016  |  Regulation

Money Data Limited, a subsidiary of Tencent, announced on Wednesday (Sept. 21) it has selected Thomson Reuters Risk solutions to comply with the Hong Kong...

READ MORE >
Mastercard Takes B2B Payments To The Smartphone
Mastercard Takes B2B Payments To The Smartphone
September 22, 2016  |  B2B Payments

In a first-of-its-kind solution for the credit card giant, Mastercard has reportedly launched a new mobile app for small businesses in Hong Kong to facilitate...

READ MORE >
Hong Kong Grows eCheck System For Cross-Border Payments
Hong Kong Grows eCheck System For Cross-Border Payments
August 01, 2016  |  B2B Payments

Hong Kong and mainland China are looking to facilitate cross-border trade deals — and their transactions — by turning to electronic payment technology. Reports on...

READ MORE >
Is Hong Kong Ready To Be A Startup Powerhouse?
Is Hong Kong Ready To Be A Startup Powerhouse?
July 15, 2016  |  International

Hong Kong has a lot going for it — economic strength, stable currency, prime location and a top financial industry. However, the territory has yet...

READ MORE >