Hong Kong
03 July 2017
Reporter: Stephanie Palmer
Fintech association launches in Hong Kong
The new FinTech Association of Hong Kong (FTAHK) has officially launched, striving to encourage further development of financial technology in the country.

An independent, not-for-profit and member driven association, FTAHK is intended to champion an open, inclusive and diverse fintech community in Hong Kong.

Its three main goals are to advocate, collaborate and educate. These will be addressed by 12 committees focused on topics such as blockchain, artificial intelligence, big data, payments, regtech and financial literacy.

Henri Arslanian, fintech and regtech leader for China and Hong Kong at PwC, and a board member of the new association, said: “We look forward to working with the entire ecosystem, from start-ups and financial institutions to regulators and government, to drive fintech forward not only in Hong Kong but also globally.”

Andrew Eldon, head of digital, Hong Kong, retail banking and wealth management at HSBC, added: “We are delighted to be joining the FTAHK as a founding member.”

“This is an important industry-led initiative and HSBC has a leading role to play in supporting Hong Kong’s continued development as a world-class fintech hub. Joining the association gives us an opportunity to deepen our ties across the fintech landscape and contribute our time, resources and thinking to continue to shape Hong Kong’s financial future.”

The association launch was attended by around 300 people in the local fintech and wider business community last week.

More news
The latest news from Asset Servicing Times
Join Our Newsletter

Sign up today and never
miss the latest news or an issue again

Subscribe now
BNY Mellon recruits for alternative investment team
21 July 2017 | New York | Reporter: Jenna Lomax
BNY Mellon has made two senior appointments to its alternative investment services team
New recruits for BNY Mellon's alternative investment team
21 July 2017 | New York | Reporter: Jenna Lomax
BNY Mellon has made two senior appointments to its alternative investment services team
New recruits for BNY Mellon's alternative investment team
21 July 2017 | New York | Reporter: Jenna Lomax
BNY Mellon has made two senior appointments to its alternative investment services team
Euroclear sees strong H1 asset growth
21 July 2017 | Frankfurt | Reporter: Jenna Lomax
Post-trade service provider Euroclear saw its asset under safekeeping increase by 5 percent to €28.4 trillion in the first half of 2017
Record AuC figures for BNY Mellon
21 July 2017 | New York | Reporter: Stephanie Palmer
BNY Mellon recorded high levels of assets under custody and administration in Q2 2017, reaching $31.1 trillion
LSEG and IBM partner for SME blockchain
20 July 2017 | London | Reporter: Drew Nicol
The framework will be built on Hyperledger Fabric version 1.0 and hosted by The Linux Foundation
Northern Trust commits to EU hub
19 July 2017 | Luxembourg | Reporter: Stephanie Palmer
Northern Trust is set to establish a banking presence in Luxembourg, and has appointed a new head of continental Europe, in a move that it says is “further establishing its commitment to the region”
More news