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Digital payment firms fight for Hong Kong market

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 Insights

16-Aug-18 Chinese tech giants Tencent and Alibaba are bringing their payment platforms to Hong Kong, a city that has long thrived on cash and plastic, putting them into competition with Google, Apple and Samsung, and local players like HSBC. [image: Business Insider]

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Real-time payments: The way forward?

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 Insights

11-Jul-18 Some experts predict 80% of global GDP will rely on real-time online payments by 2023. Others still believe cash will hold its position as 'king' of payments. [image: Shutterstock / HKTDC]

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WeChat Pay to keep overseas focus on outbound tourism

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 Insights

11-Jul-18 Tencent Holdings' WeChat Pay said it will not seek to offer more local payment wallets to overseas customers over the next three years and will remain focused on serving outbound Chinese tourists better in popular overseas destinations. [image: SCMP]

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How Southeast Asia became a blockchain hub

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 Insights

05-Jul-18 A mix of social and economic factors have combined to make Southeast Asia a rapidly developing blockchain technology hub, including the region’s under-subscription to its banking network, with only 27% of the 655 million population holding a bank account. [image: iStock / Asia Times]

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