Use this page to scan recent stories from Fintechnews, see the themes that keep appearing, and jump into complete story briefs.
Tencent has launched TenPayGo, a payment app for overseas visitors to mainland China. ITHome (IT之家) reported that it is Tencent’s first payment app for overseas users visiting China. The app lets visitors pay with methods they already know, such as foreign cards and Apple Pay. They can use it at merchants within WeChat
UBS and Mizuho Bank have executed test transactions on Swift‘s blockchain-based shared ledger. Through this initiative, both institutions confirmed operational processes for cross-border payments using the platform. Mizuho said the work is intended to enhance service levels for future cross-border payments using tokeni
Citi has expanded its blockchain-based liquidity product, Citi Token Services, into Japan and the UAE, extending its 24/7 liquidity and payment capabilities across more markets. The service uses tokenised deposits and a private-permissioned blockchain to enable programmable, near-instantaneous movement of liquidity acr
UnionPay has launched a plan to make paying easier for international visitors to Shenzhen’s Qianhai district during the 2026 APEC “China Year”. The plan sets out cross-border payment options for inbound travellers ahead of the APEC Economic Leaders’ Meeting in November. Visitors with international UnionPay cards can pa
Hong Kong’s Securities and Futures Commission (SFC) and Accounting and Financial Reporting Council (AFRC) have signed a new memorandum of understanding (MoU). The SFC AFRC MoU widens their cooperation, which previously centred on the financial reporting and audits of listed companies. It now extends to licensed corpora
Hong Kong and Indonesia are exploring QR payment interoperability between the two markets. The Hong Kong Monetary Authority (HKMA) and Bank Indonesia signed a MoU to strengthen cooperation on cross-border payments. The agreement was signed by Bank Indonesia Governor Destry Damayanti and HKMA Chief Executive Eddie Yue.
Synthetic identity fraud is one of the fastest-growing fraud types globally, where fraudsters fabricate a person who never existed. They typically stitch together a blend of real, stolen, manipulated and invented attributes until the composite is convincing enough to enter through the front door. This shift moves away
Deutsche Bank Private Bank has launched an agentic AI tool to support Source of Wealth checks, part of its Know Your Customer (KYC) process. Hong Kong and Singapore booking centres began using the tool in early September. A wider rollout across the Private Bank is planned. Dubai-based advisers can also use the tool for
HKEX has welcomed the listing of four exchange traded funds (ETFs) that track three of its cross-market indices. The exchange launched these indices earlier this year to build stronger links with regional and international markets. They are the HKEX Bursa Malaysia Large Cap Index, the HKEX KRX Semiconductor Index and t
The Dubai International Financial Centre (DIFC) has granted China Securities a licence to set up a regional office in the centre. Headquartered in Beijing, China Securities is a publicly listed securities firm. Its business spans equity and debt capital markets, investment banking, asset management and institutional se
Hong Kong’s Insurance Authority (IA) has ordered FWD Life Insurance Company (Bermuda) Limited to pay a HK$19.5 million penalty. It comes after an on-site inspection found gaps in the insurer’s anti-money laundering (AML) controls. The IA ran the inspection under Cap. 615, the city’s law on money laundering and terroris
Planto, a leading financial technology company specialising in AI-driven banking solutions, officially unveiled its white-label Agentic AI CFO for SMEs at Money20/20 Middle East. Following its launch, Planto was named the MoneySurge 2026 “Fintech to Watch”, competing with over 300 fintechs around the world, highlightin
Open the app view when you want faster scanning, saved stories, and source-focused reading in one place.