Securing virtual banks and real-time payments in Hong Kong
Please join us for an executive breakfast roundtable on 18 October, which will bring together banking and payments executives navigating the evolving financial services landscape in Hong Kong. This comes as the Hong Kong Monetary Authority releases new guidelines for virtual banks and launches Faster Payment System (FPS).
We will cover:
- The Hong Kong Monetary Authority’s initiative to usher in virtual banks, with the first applications coming from telecommunications, fintech and banking organizations.
- The Faster Payment System (FPS), which enables instant payments in Hong Kong, providing consumers and merchants a safe, efficient and widely accessible retail payment service on a 24/7 basis.
- However, sophisticated breaches and attacks continue to rise, with fraudsters using false and stolen personal information to target financial institutions.
- The impact of the evolving online banking real-time payments landscape on financial services and payment organizations.
Date: Thursday, October 18, 2018
Time: 9:00 – 11:30 a.m.
Venue: Kowloon Shangri-La Hotel, 64 Mody Road, Tsim Sha Tsui East, Kowloon, Hong Kong