Hong Kong’s Digital Banking Is Pushing Forward

Dear Global Business Enthusiast,

Michael Michelini (@michelini) here. You’re getting this email because you requested my periodic thoughts on international business from Hong Kong.

[Edit: Actually, it’s possible that you’ve never gotten an email from me. Somebody might have just given you the link to this page, which is an online archive of an email that I sent to folks who had asked for it. If you’d like to get articles like this in your inbox, totally free, about once a week or two, give me your email address.]
This week: Russia and Europe Top Alipay China Tourist Spending Chart, Hong Kong’s Push for Digital Banking Will Transform the Retail Banking Sector and Technology is the ‘Most Profound Force Bearing Down’ on Big Banks, ex-Barclays Boss Says

Greetings from Yiwu, China our first sourcing trip and big thanks to our partner Andy Church and Insight Quality. We’re working on more interactive trips and events for experts in the community to connect and share – check out our Yiwu, China mini site today

Welcome to GFA Pulse #189



The GFA Reviews Blog
Importing is one of the oldest businesses that existed, yet hard to maintain. Importing is easy as long as you have found a capable sourcing company to help you with your needs. Good thing, Leeline Sourcing is more than willing to help you with your business needs.



Business Help & Opportunity

I want to import organic health products. It’s dried leaves and twigs from a tree which are an immune system stimulant and antioxidant. Also some skin remedies etc. Could anyone point me in the direction of someone who can assist with getting licences and approvals for this type of product?

Getting Approval for a Product in China



Business News From Around Asia


Russia and Europe Top Alipay China Tourist Spending Chart
Millions of Chinese tourists travel the world during the summer months and their propensity to shop and spend make them an attractive target. This year Russia and European destinations were some of the hotspots for online and mobile payments, according to a new report.

Hong Kong’s Push for Digital Banking Will Transform the Retail Banking Sector
HONG KONG’S finance regulator, the Hong Kong Monetary Authority (HKMA), is giving out online-only banking licenses. This gives fintechs and other smaller firms an opportunity to gain access to the territory’s retail small business banking market.

Technology is the ‘Most Profound Force Bearing Down’ on Big Banks, ex-Barclays Boss Says
Antony Jenkins, who led the British bank through a tumultuous period between 2012 and 2015, said regulatory measures imposed in the aftermath of the 2008 financial crisis had made the global financial system safer.


From the Global From Asia Media Desk

This week’s podcast


Nathan Hirsh, co-founder and CEO of Freeeup, a platform to help you find vetted and quality online staff. He and I have a great conversation and I think it will help many people at various stages of their business – eCommerce or not. Enjoy!

Staying Ahead of the Curve with E-Commerce Online Team Leverage with Nathan Hirsch



This week’s blog post



Transferring money has become more convenient through time. With today’s technology, people from around the world can easily transfer money in just a blink of an eye. This gives an amazing opportunity for businesses to be able to offer products and services in the global market.

Using Paypal in the Philippines



    Listen to more podcasts →   
It is official – after three consecutive years in Shenzhen, China – the summit itself is going “Cross border” with its fourth annual conference held in Cartagena, Colombia.

Do business in a safe environment knowing that if you’re not satisfied with the outcome, our GFA market resolution specialists will take the matter at hand. Payment is held in escrow and we will work hard to make both sides happy.

Payoneer is a leading global financial service that was founded in 2005. It offers various services/products such as cross-border payment platform/ money-transmitter, integrated payments API, billing service, e-wallet and re-loadable prepaid MasterCard debit card. 

Sent September 9, 2018

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I’d love to hear from you!

– Michael Michelini
mike @ globalfromasia.com
Hong Kong

ABOUT THE AUTHOR

Global From Asia Team

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