Capco is a global technology and management consultancy dedicated to the financial services industry. We combine innovative thinking with unrivalled industry knowledge to help our clients successfully innovate, increase revenue, manage risk and regulatory change, reduce costs, and enhance controls. Our collaborative, diverse, and passionate team is focused on user-centric design, lean product development and emerging technologies. We help financial services firms innovate for the future.
Meet with a Capco expert at Hong Kong FinTech Week, by submitting your business details – along with information regarding your request - using the contact us button below.
Author: Toby Smith
The paper looks at the central principles of open banking and addresses the key trends and dynamics across banks, consumers and individual regulatory environments. It also provides an overview of open banking within the APAC region, with a deeper dive on Hong Kong. The paper assesses the trends across Asia pacific when it comes to open banking regulation, the perceived maturity to embrace and adopt opening banking and the potential future developments that industry players should take into consideration.
Authors: Isabel Feliciano-Wendleken, Matthew Soohoo, Dominic Poon, Jasmine Wong, Antonio Tinto
Virtual banking is now a reality in Hong Kong, after its financial regulator published a guideline granting banking status to financial institutions without the need for physical branches.