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?
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)
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)
FinMonster was delighted to join the third FinTech Day organized by The University of Hong Kong on 8th November. It’s successful and we hope to share some good news with you! (continue reading……)
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)
The Cyberport Venture Capital Forum (CVCF), spotlighting the “New Frontier of Tech Venturing”, has bridged entrepreneurs, investors and innovators to build a sustainable corporate ecosystem together. Honoured to be one of the attendees, FinMonster has gained a lot of insights ranging from pioneering innovations to venture investments in this 2-day Forum…..(continue reading)
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)
Thanks to the Hong Kong Trade Development Council and Cyberport, we are delighted to be one of the exhibitors at the Hong Kong Electronics Fair Autumn Edition (13-16 Oct )! It’s successful and we hope to share some good news with you!(continue reading)
Eureka Holding Limited (“FinMonster”) is pleased to announce that it has signed a memorandum of understanding (MOU) with CryptoBLK Limited (“CryptoBLK”)…..(continue reading)
FinMonster was delighted to attend the Accounting and Finance Show! Full house of audience attended the seminar on “Seeking Finance for SME” delivered by our CEO. (continue reading)