In 2018, when Hong Kong launched its virtual bank licence, there was a palpable sense of excitement. The Hong Kong Monetary Authority (HKMA) received 33 applications, as the success of WeChat Pay and ...

We're nearing the end of 2025, and I have a dear friend who still refuses to use a debit card because she "doesn't trust them." Anything digital gives her the willies, and she flatly refuses to bank ...

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The Hong Kong Monetary Authority (HKMA) has published the results of a consultation on changing the term “Virtual Bank” to “Digital Bank,” joining most of the rest of the world. Hong Kong has been a ...

Erik Schwink (left), assistant vice president and virtual engagement leader for State Employees Credit Union of Maryland, and Stacy Suggs (middle), executive vice president and chief operations ...

In our modern, connected world, putting the customer first requires a comprehensive digital engagement strategy. Financial institutions, especially midsized and smaller organizations, have a history ...

Spendbase, a spend management platform that helps businesses save on software and cloud costs, is launching a new suite of financial tools that take spend control to the next level: Digital Banking ...

A U.S. venue could offer deeper capital access as investors weigh the bank’s regulated crypto business against its core banking operations.

With the Virtual Asset Service Providers Act now enacted, the central bank says the focus has shifted to putting the law into operation in a structured and orderly way. The Act establishes a formal ...