Page 4 - Faster Payment System News Today

Case involving fictitious online sale of dog meat makes one thing clear: unless enforcement can stay ahead of the cybercriminals, Hong Kong’s dreams of shifting to more efficient cashless systems will keep barking up the wrong tree.

Starting this Sunday, Hong Kong’s Faster Payment System will issue automatic alerts to users attempting to transfer money to dodgy acc...

Stacy Shi An online advert selling dogmeat in Hong Kong is a sophisticated scam that tricked victims out of HK$1.3 million after they shared...

Police said the fraudsters targeted victims' personal details under the guise of selling dog meats by tricking or even enraging them int...

The Hong Kong Monetary Authority is working with the city’s other market regulators to see how banks can help the local stock market stay open during typhoons and rainstorms.

Speaking at FinTech Week, HKMA Chief Executive Eddie Yu said he has been working closely with the Central Bank of Thailand to connect Hong Kong's ...

From its role in Hong Kong’s transition from British colony to China’s special administrative region, the HKMA is now carving out a place as a leader in fintech, financial regulations and green finance.

Finance chief also says external factors, such as high interest rates and financial market performance, have constrained strength of rebound in local consumption.

The Hong Kong Monetary Authority (HKMA) on Thursday retained its base rate at 5.75 percent, following the US Federal Reserve's decision to keep its ra...

Hongkongers will be able to use the Faster Payment System (FPS) when traveling in Thailand starting December 4, the Hong Kong Monetary Autho...