Insights On Financial Services Growth Markets

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Mobile-payments services go all out to get Hong Kong users

Insights

09-Mar-18 Hong Kong's Octopus tries to win e-wallet users with HKD8 lobsters, as rivals Alipay and WeChat Pay compete by offering everything from free taxis to discounts at food retailers. [image: Campaign]

Insights

09-Mar-18 A study by Alipay found 65% of Chinese tourists used mobile payments overseas in 2017, compared to 11% among non-Chinese. 91% of Chinese tourists would be more willing to spend if merchants accepted mobile payments. [image: ASAP]

Insights

09-Mar-18 The Korean government imposed a total ban on initial coin offerings (ICOs) in Sep-17, yet healthcare firms such as Zikto and My23 Healthcare went ahead with ICOs through their subsidiaries in Singapore on 8-Mar-18. [image: Business Korea]

Insights

08-Mar-18 DHL is expanding its Hong Kong-based Central Asian operations to the tune of HKD2.9 bn (USD370 mn), ahead of an expected 50% surge in annual throughput driven by an expected rise in international e-commerce and intra-Asian trade. [image: HKTDC]

Insights

08-Mar-18 A consortium of 61 Japanese banks partnered with the payment firm Ripple to offer a mobile app, Money Tap, that enables customers to make domestic payments instantly using a bank account, phone number or QR code. [image: RTT News]

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