Virtual banks: To be or not to be?

You may be familiar with this banking experience: people jostling one another, snakelike queues moving slowly and staff unhurriedly handling paper documents. For most people, this probably won’t be a pleasant experience. But have you ever wondered why we have to go to a branch banking in person, hand over stacks of paper documents and wait for the enduring review process?……(continue reading)

Continue Reading →

Brief Discussion on Corporate Banking Services (3) — Long Term Financing

In previous articles, we talked about Working Capital Loan and Trade Finance in Corporate Banking. Those are short-term financing products for small and medium enterprises. For the more sophisticated enterprises or even investment consortium, they may borrow longer term for various loan purposes like Capital Expenditure, Refinancing and even for Merger & Acquisition…..(continue reading)

Continue Reading →

FinTech helps SMEs to reduce bank interests

As business owners or financial controllers, have you ever experienced the below? For the similar facility size and borrowing terms, various banks make their indicative pricing quite differently. This even happens among different bankers in the same bank. On the other hand, the competition in retail banking is fierce and price setting is relatively transparent. How could this happen? How SMEs can reduce their bank interest cost by the application of financial technology?

Continue Reading →

Human Capital and opportunities in Hong Kong FinTech industry

According to Michael Page, a recruitment consultancy who recently conducted the report “FinTech Employment 2019”, nearly 95% of Hong Kong FinTech companies are worried about the dearth of FinTech talents in terms of big data, electronic payment, virtual currency, and insurance technology……(continue reading)

Continue Reading →

Transparent Credit Score

Banks and regulators have utilized Risk-Adjusted Return on Capital (RAROC) to evaluate the return per credit risk, which is closely correlated with the credit score. The result can be used to assess the level of risk involved in different transactions……(continue reading)

Continue Reading →

Financial services technology 2019 and beyond: Embracing transformation 2

As noted before, the digital transformation of Corporate Banking, the widespread use of Artificial Intelligence and new lending models are the three hot trends that are shaping the innovative FinTech platforms around the globe. Apart from these, Open Banking with FinTech is redefining the financial landscape. Listed below are another three big trends…(continue reading)

Continue Reading →

Financial Services Technology 2019 and Beyond: Embracing Transformation

It is a critical time for Corporate Banks to invest in emerging technologies and fundamentally improve the ways they used to serve clients in order to flourish in the digital era of the 21st century. Listed below are three key trends that are shaping the innovative FinTech platform around the globe……(continue reading)

Continue Reading →

Self-redemption of a bank manager

I was an account manager who had worked in commercial banks for more than ten years. Because of this decade of work, I have re-acquainted myself. Graduated in 2006, I studied social sciences and Read more……

Continue Reading →

Banking Digital Transformation

Banking digital transformation has been a hot topic for over a decade. The transformation was slow before 2008 but was then picked up since Global Financial Crisis in 2008 due to the lower creditability of banking system and tightened regulatory requirement on AML and Compliance. Read more……

Continue Reading →

Startups and Corporate Banking

Despite being the new wave of players for the economy, startups are the pain point of the traditional corporate banks for several reasons. Read more……

Continue Reading →