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InvestHK’s 2nd Hong Kong Fintech Week to Showcase City’s Unique Qualities, Fintech Advances and Market Access

Hong Kong will host its second annual Hong Kong Fintech Week from 23 to 27 October 2017 at the Hong Kong Convention and Exhibition Centre to accommodate an expanded programme of events and activities that will highlight the distinctive and dynamic qualities the city offers the global Fintech community. 

This year, Hong Kong Fintech Week will be the first of a series of three consecutive weeks of Fintech activities in Hong Kong to be attended by regulators, entrepreneurs, investors, start-ups, academics and service providers from Hong Kong and around the world. 

Thursday, June 15, 2017 - 10:12
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HCL Reveals GDPR Services to Enable Organizations Comply with EU Data Protection Regulation

HCL Technologies (HCL), a leading global IT services provider, announces the launch of General Data Protection Regulation (GDPR) services to help organizations comply with EU GDPR regulation. The new GDPR Regulation which is mandated to be adopted by May 2018, extends the data rights of individuals and requires organizations to develop clear policies and procedures to protect personal data and adopt appropriate technical and organizational measures.

Thursday, June 15, 2017 - 10:00
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HCL
SafeCharge Enables Businesses to Tap Into Growing WeChat Pay User Base

SafeCharge, the leading payments technology company, today announced that it is partnering with Tencent Holdings, the leading provider of internet value added services in China, to add WeChat Pay, the booming payment service of the Chinese messaging giant and China’s most popular social media on its global payments platform.

Thursday, June 15, 2017 - 09:53
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IBM partners with Finastra to accelerate digital transformation of banking with IBM Cloud

 Finastra and IBM (NYSE: IBM) have reached an agreement to explore how the two companies can help customers transform their banking operations with IBM Cloud and Cognitive technologies. Finastra and IBM plan to bring IBM technology into the Finastra open architecture to enrich the digital retail banking experience and bring new innovations to market.

Thursday, June 15, 2017 - 09:53
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Financial IT
Avaloq completes transaction with Warburg Pincus to accelerate growth

Avaloq, an international fintech company and a leader in integrated and comprehensive banking solutions, announces that it has completed its transaction whereby global private equity firm Warburg Pincus acquires a 35% stake in the group.Under the partnership announced on 22 March 2017, Avaloq will be able to capitalise on Warburg Pincus’ expertise and network in the financial services and fintech sectors to accelerate the company’s long-term growth and value creation strategy. 

Thursday, June 15, 2017 - 09:49
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Financial IT
Banking Services Provider Sepaga Integrates AU10TIX ID Authentication & Customer Onboarding Automation Service

Sepaga EMI, licenced by the central bank of Cyprus to provide financial services for liquidity and foreign exchange, has integrated AU10TIX 2nd generation ID authentication and onboarding cloud services. The AU10TIX BOS platform which already powers global majors will help Sepaga streamline customer acquisition, while strengthening fraud protection and KYC compliance and improve operating efficiency. 

Thursday, June 15, 2017 - 09:48
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Ethical FX via the Global Code

Foreign exchange participants are getting a crash course in ethical behavior.

With the release of the FX Global Code for the wholesale foreign exchange market last month, the FX industry is counting on a single set of guidelines to prevent bad behavior in currency trading.

Launched by the Bank International Settlements on May 25 in London, the final release caps a two-year effort by central bankers in the FX Working Group (FXWG) and private sector Market Participants Group (MPG) from 16 jurisdictions around the globe.

Thursday, June 15, 2017 - 09:46
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Banking on Fairer Finance

What does it mean to be included? It’s a word we use a lot, but perhaps don’t often stop to break down to consider the real meaning behind it. And there it is – consider. To include someone is to consider them, to involve them, to allow them to share in an activity or privilege, without restriction or limitation. To be included is to feel that you belong, that you are connected, and that you are listened to.

Thursday, June 15, 2017 - 09:23
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Financial IT
Company Directors at Greater Risk of Identity Fraud – Cifas and LexisNexis Risk Solutions Report Reveals

new collaborative report, released today by Cifas, the UK’s leading fraud prevention service, and LexisNexis® Risk Solutionsan information solution provider that helps organisations assess, manage and predict risk and part of RELX Group, highlights that company directors are one of the most at-risk groups for identity fraud.

Thursday, June 15, 2017 - 09:09
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Pelican Unveils Open Banking API Solution to Support PSD2 Compliance

Pelican, a global provider of payments and compliance systems for banks and corporates, today launched its ‘plug-and-play’ Open Banking API solution which adds highly configurable Application Programming Interface (API) management and monetisation capabilities to its award-winning Pelican Platform.

Thursday, June 15, 2017 - 09:01
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