Hong Kong

Tradelink Partnership Produces Another Success for Daon in Hong Kong Banking Sector

Tradelink Partnership Produces Another Success for Daon in Hong Kong Banking Sector

“Our partnership with Tradelink continues to make a significant impact in the financial and banking industry throughout Hong Kong.” – Tom Grissen, CEO, Daon Daon is celebrating another successful deployment of its biometric authentication solution in collaboration with its Hong Kong partner, Tradelink. The companies have developed a password replacement solution for customers of Dah…

Daon Builds on Success in Hong Kong Banking Sector

Daon Builds on Success in Hong Kong Banking Sector

“The company’s IdentityX platform, which supports fingerprint, facial, and voice recognition on smartphones and tablets, has proven widely popular across the financial services landscape as business is increasingly being transacted through mobile devices…’” Daon is celebrating the success of a biometric authentication solution based on FIDO Alliance standards to customers of a Hong Kong bank,…

Hong Kong Monetary Authority Mulls Biometric ATMs

Hong Kong Monetary Authority Mulls Biometric ATMs

The Hong Kong Monetary Authority is considering the implementation of facial or fingerprint authentication at ATMs in the region, reports the South China Morning Post. Speaking to the Post, HKMA chairman Norman Chan Taklam said the organization was prompted to consider the technology by the introduction of facial recognition for ATMs in Macau, saying the…

‘Sandbox’ Environment Fosters FinTech Innovation in Hong Kong

‘Sandbox’ Environment Fosters FinTech Innovation in Hong Kong

“…two banks have now applied to use it for the trialing of biometric authentication technologies for use in securities trading.” A new effort by Hong Kong authorities to help foster innovation in the territory’s banking sector is starting to pay off. Dubbed a ‘sandbox’ by regulators with the Hong Kong Monetary Authority, it’s essentially a…

Hong Kong Gets Apple Pay

Hong Kong Gets Apple Pay

Apple Pay launched in Hong Kong yesterday, mere hours after it went live in France. The mobile payments service arrives in Hong Kong with the support of Visa, Mastercard, American Express, and domestic banks Bank of China, DBS, Hang Seng Bank, HSBC, and Standard Chartered. The service also launches with the support of 40 major…

BIO-key Secures $8.4m Investment Deal

BIO-key Secures $8.4m Investment Deal

Fingerprint biometrics technology company BIO-key has raised $8.4 million through a major new investment deal, the company has announced. The deal entails the issuance of Series A-1 Convertible Preferred Stock to a Hong Kong investor specializing in security technologies. As part of the deal, the investor will appoint one member to the company’s board of directors,…