Bank of East Asia

6 results about this entity

Period: 05 Apr 2007 - 02 Oct 2024

/crypto

Bank of East Asia and UDPN collaborate on stablecoin and tokenised deposit PoC

In a significant milestone demonstrating the benefits of digital currency transactions, Universal Digital Payments Network (“UDPN”) partnered with The Bank of East Asia, Limited (“BEA”), a Hong Kong-based financial services group, to successfully complete a Proof-of-Concept (PoC), minting, managing, and transferring bank-issued stablecoins and tokenised deposits on the UDPN.

/payments

Universal Digital Payments Network launched at Davos

A Universal Digital Payments Network (UDPN) for stablecoins and Central Bank Digital Currencies (CBDCs) was launched at the World Economic Forum (WEF) in Davos. The network aims to provide interoperability between these digital currencies.

Bank of East Asia extends trade finance partnership with Finastra

The Bank of East Asia Limited (BEA) has extended its partnership with Finastra to enhance its end-to-end digital trade capabilities and customer services for its corporate and personal banking services.

Hong Kong plans September go-live for blockchain-based trade finance

A coalition of leading transaction banks in Hong Kong are plotting a September go-live date for a blockchain-based trade finance platform, supported by the territory's central bank.

Bank of East Asia to debut mobile payments service in 2014

Hong Kong's Bank of East Asia is to introduce mobile contactless payments in the first quarter of 2014.

Reuters reports Asia Pacific Kondor+ contracts

UK vendor Reuters is reporting five deals with banks in Asia Pacific for its Kondor+ trade and risk management product suite.