Cashless Society

With the escalation of the anti-extradition bill protest, some members of the community are advocating a public octopus strike to boycott the MTR Corporation. However, except for taxi, octopus seems to be the only electronic payment method available for most forms of transport in Hong Kong. This raises several questions: 1) There are many electronic payment methods in Hong Kong, including but limited to credit cards, Apple pay, Alipay, etc., but why the octopus is still the only solution to transportation payment, leaving alone cash? Meanwhile, Hong Kong as an international financial center, why many small shops and vendors still accept cash only, leaving not much sign of a “cashless society”? Recently, with the official launch of the Faster Payment System (FPS), Hong Kong seems to have taken a big step forward, but will it be enough to keep up with its foreign neighbors? (continue reading……)

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FinMonster joined the Asian Financial Forum 2020

Thanks to the Hong Kong Trade Development Council, we are delighted to be one of the exhibitors at the Asian Financial Forum from 13-14 January 2020. It is a golden opportunity for potential investors to know more about FinMonster’s services and visions.

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FinMonster in Asia Financial Forum 2020

FinMonster will attend the biggest event of financial industry in Hong Kong for the first time. We will join as exhibitor in FintechHK Startup Salon with booth number 5C-A20. FinMonster is honored to attend as one of the exhibitors and will be speaking in InnoVenture Salon Pitching on January 13. For those who are interested may come to this event to learn more about FinMonster’s mission in corporate banking fintech and the latest market news. Detail is stated in the poster. (continue reading….)

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