Since the government put emphasis on the development of financial technology in the 2015 budget, fintech’s importance has become more widely recognized, Simon Loong, Welab chief executive and co-found ...More
EJ Insight2017-02-13
Philadelphia Federal Reserve Bank President Patrick Harker is open to raising interest rates again at the US central bank's March meeting if growth in jobs and wages continues, Reuters reports. "I sti ...More
EJ Insight2017-02-07
It’s no secret that cybersecurity threats and even attacks are on the rise. Businesses, governments and even everyday citizens are struggling to keep up with the increased sophistication and efforts o ...More
EJ Insight2016-12-30
The rapid growth of financial technology in China is largely due to two reasons. The finance sector has not been very efficient, leaving a lot of room for fintech to bring improvement. Also, regulatio ...More
EJ Insight2016-12-14
During the recent Hong Kong Economic Summit, guest speakers expressed mixed views regarding the prospects for the global economy and financial markets. Peter Wong Tung-shun, deputy chairman and chief ...More
EJ Insight2016-12-05
When the political situation gets complicated, people have a tendency to lose touch with fundamentals. We struggle to attain genuine democracy and autonomy, but in the meantime, our beloved city's com ...More
EJ Insight2016-11-16
It is normal that the rich want to see their wealth pass from one generation to the next to ensure a comfortable life for all the descendants. The distribution of assets, however, requires careful pl ...More
EJ Insight2016-11-16
Goldman Sachs recently launched a new online personal loan platform called Marcus, taking aim at the mass market. With minimum loan amount starting at US$3,500, Marcus is obviously positioned to compe ...More
EJ Insight2016-11-02
The topic of the 2016 Financial Planning Association's Annual Conference was fintech or financial technology. Global financial planners discussed the future direction of the industry and how that woul ...More
EJ Insight2016-10-24
Financial technology, or fintech, has reached a tipping point. A growing number of financial institutions are becoming more aware of the many benefits of technology, from convenient services to real-t ...More
EJ Insight2016-10-21
Because traditional financial services are not designed for small depositors and borrowers, several non-traditional models have been able to scale up rapidly in this untapped market. But without a str ...More
EJ Insight2016-10-14
Insurance markets around the world are not immune to the impact of digitization and advances in technology. In fact, according to the 2016 EY Asia-Pacific insurance outlook report, insurers are being ...More
EJ Insight2016-09-26
The “regulatory sandbox” is a new approach to financial innovation. Upon approval by regulators, eligible firms will be allowed to take advantage of specific policy concessions and experiment with new ...More
EJ Insight2016-08-02
FinTech's growth is not only enriching the repertoire of investment options on the market, it is also helping enhance the efficiency of the financial services industry and create new business opportun ...More
EJ Insight2016-07-21
The Hong Kong Applied Science and Technology Research Institute (ASTRI) is working to enhance blockchain technology, such as improving the processing capacity and transaction speed, with the aim of ap ...More
EJ Insight2016-07-20
Singapore has pushed ahead of regional rival Hong Kong in the race to emerge as Asia's financial technology (fintech) hotspot. State funding, light-touch regulation and a recent move to allow start-up ...More
EJ Insight2016-07-04
Cloud computing is now seen essential for businesses to improve their cost-efficiency and scalability. But there is a debate going on as to which functions should be transitioned to the cloud, and wha ...More
EJ Insight2016-06-29
Crowdfunding is not a modern invention. As scholar Nadine Scholz points out, the construction of the plinth of the Statue of Liberty was possible only after 160,000 New York citizens made donations in ...More
EJ Insight2016-06-21
Smartphones today allow users not only to easily compare prices of hotel rooms, trade stocks and do their online banking but also to gain access to wealth management services. As private bankers embra ...More
EJ Insight2016-05-18
Financial technology, which aims to make financial services more efficient, can be applied to four main areas in the private banking industry, helping bankers and clients save time. These are advice a ...More
EJ Insight2016-05-18
