Search Results for "banking"
HKMA Expands One-Stop Dataset of Retail Banking Facilities in Hong Kong
The Hong Kong Monetary Authority (HKMA) has expanded its dataset offerings through an Open API, enhancing data on retail banking facilities and promoting innovative applications.
Hong Kong Monetary Authority Penalizes China CITIC Bank for AML Violations
The Hong Kong Monetary Authority has fined China CITIC Bank International Limited HK$4 million for breaches of the Anti-Money Laundering and Counter-Terrorist Financing Ordinance.
HKMA Reports Slight Increase in Composite Interest Rate for December 2024
The Hong Kong Monetary Authority announced a rise in the composite interest rate to 2.24% by December 2024, reflecting increased weighted funding costs for deposits.
HKMA Warns Public of Fraudulent Banking Websites and Phishing Scams
The Hong Kong Monetary Authority alerts the public about fraudulent websites and phishing scams related to The Hongkong and Shanghai Banking Corporation Limited.
AI-Powered Chatbots Transforming Banking Customer Service, Says Temenos Executive
Barb Morgan of Temenos highlights the transformative role of AI and chatbots in banking, enhancing customer experience and data security, according to a recent NVIDIA AI Podcast discussion.
HKMA Reveals Banks Participating in RMB Trade Financing Liquidity Facility
The Hong Kong Monetary Authority (HKMA) has announced the banks participating in the first phase of its RMB Trade Financing Liquidity Facility, allocating RMB50 billion to these institutions.
HKMA Reports February 2025 Composite Interest Rate Decrease
The Hong Kong Monetary Authority reports a decrease in the composite interest rate for February 2025, reflecting a reduction in the weighted funding cost for deposits.
Cryptocurrency's Impact on Traditional Banking: Insights from Andorra
Explore how digital assets are reshaping banking in Andorra, featuring insights from Carlos Salinas of Morabanc on crypto custody solutions and regulatory advancements.
Hong Kong Monetary Authority Reports Decrease in Composite Interest Rate for May 2025
The Hong Kong Monetary Authority (HKMA) announced a decrease in the composite interest rate, dropping by 41 basis points to 1.61% in May 2025, reflecting lower weighted funding costs.
Hong Kong Monetary Authority Penalizes Banks for AML Violations
The Hong Kong Monetary Authority has imposed fines on three banks for breaches of anti-money laundering regulations, emphasizing the need for effective transaction monitoring systems.
HKMA and HKSTP Launch Hackathon to Spur Innovation in Banking Data Sharing
The Hong Kong Monetary Authority and HKSTP have launched the IADS Developer Hackathon to drive innovation in secure banking data sharing, fostering fintech collaboration.
Federal Reserve's Proposal Aims to Alleviate Crypto Debanking Challenges
The Federal Reserve introduces a proposal to grant fintechs and crypto platforms direct access to payment systems, potentially reducing their dependency on traditional banks.
