Hong Kong virtual banks future
ZA Bank reports HK$548m net revenue and narrows losses by 42%
ZA Bank reports HK$548m net revenue and narrows losses by 42%
																					
							Net interest income is 86% higher in 2024.
						
					
					
				Mox Bank hit HK$170m operating income in 2022
																					
							The bank remains dedicated to reaching break-even in 2024, CEO Barbaros Uygun said.
						
					
					
				Expect failures amongst Hong Kong’s virtual-only banks: S&P
																					
							Digital lenders are currently at a loss-making and some may fold over the next few years.
						
					
					
				
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Rethinking cybersecurity: How APAC banks can safeguard against AI-powered threats
Why Singapore’s fast payments need faster protections