Hong Kong needs to get its act together on FinTech

Hong Kong needs to get its act together on FinTech

Hong Kong authorities have been focused more on preventing financial risk, rather than try to keep up with the global FinTech trend, say observers .Photo: Investopia FinTech started gaining traction a decade ago, with its evolution taking on a new dimension after the 2008 global financial crisis. It allows entrepreneurs to disrupt the traditional financial sector and solve many of the long-time issues. Apart from the United States, other open economies like the UK and Singapore, and even the somewhat more conservative Australia, all are now keen to promote the FinTech industry. Closer home, China has taken a huge […]