Digital & Technology

Reuters to help Hong Kong improve fintech offerings

Banks and fintech firms to benefit from Reuter’s platform

According to local media, the data giant is partnering with the Applied Science and Technology Research Institute (ASTRI) to help banks and fintech firms develop new technologies, reduce costs, and build new products and services.

ASTRI was set up in 2000 by the Hong Kong government to promote tech in the country.

Reuters has also signed a memorandum of understanding with ASTRI and has vowed to provide banks and financial firms access to its HKMA-ASTRI Innovation Hub – and will also offer workshops and seminars to engage the country’s technology and financial services communities.