Close Menu
fintechbits
  • News
  • AI
  • Acquisitions
  • Trends
  • Insights
  • Rumors
  • Startups
  • finjobsly

Subscribe to Updates

Get the latest news from Fintechbits.

Trending Now

Finster AI secures $15 million to reshape the future of financial intelligence; opens office in New York, expands London headquarters, and brings on senior executives from Morgan Stanley and Revolut.

October 20, 2025

If AI and cryptocurrency are not bubbles, we might face significant issues.

October 20, 2025

Transforming Accounting: The Impact of Generative AI on the Finance Sector

October 20, 2025

Former Builder.ai CFO issued a subpoena by US grand jury.

October 19, 2025
Facebook X (Twitter) Instagram
Trending
  • Finster AI secures $15 million to reshape the future of financial intelligence; opens office in New York, expands London headquarters, and brings on senior executives from Morgan Stanley and Revolut.
  • If AI and cryptocurrency are not bubbles, we might face significant issues.
  • Transforming Accounting: The Impact of Generative AI on the Finance Sector
  • Former Builder.ai CFO issued a subpoena by US grand jury.
  • Ways for Businesses to Achieve Financial Benefits Through AI
  • Fundamento, an Agentic AI platform, secures $1.9 million in funding, led by IIFL Fintech Fund and additional investors.
  • Top Innovators in Financial AI Bot Automation with Continuous Integration and Continuous Deployment
  • Leading 7 FinTech Startups in China for 2025
Facebook X (Twitter) Instagram Pinterest Vimeo
fintechbits
  • News

    B2B fintech Yaspa leverages its new regional brand to enter the U.S. market.

    October 16, 2025

    Fintech Employment Boom Stimulates Financial Job Market in London

    October 15, 2025

    European small and medium-sized enterprises face risks while developing AI strategies on unstable digital groundwork, reveals recent Qonto survey.

    October 10, 2025

    PM Modi invites international investors to be part of India’s growth narrative at the Global Fintech Fest.

    October 9, 2025

    What $9.6T Daily FX Trading Means for Fintech Startups

    October 1, 2025
  • AI

    Finster AI secures $15 million to reshape the future of financial intelligence; opens office in New York, expands London headquarters, and brings on senior executives from Morgan Stanley and Revolut.

    October 20, 2025

    If AI and cryptocurrency are not bubbles, we might face significant issues.

    October 20, 2025

    Transforming Accounting: The Impact of Generative AI on the Finance Sector

    October 20, 2025

    Former Builder.ai CFO issued a subpoena by US grand jury.

    October 19, 2025

    Ways for Businesses to Achieve Financial Benefits Through AI

    October 19, 2025
  • Acquisitions

    Amazon concludes its acquisition of the Indian lender Axio, expanding its fintech efforts.

    September 11, 2025

    The incident involving the Kaustubh Kulkarni movement in Moomoo

    September 3, 2025

    Overview of Acquisitions for US Fintech Companies from the Clifford Chance Guide

    September 2, 2025

    Dentons guides PEAC Solutions in acquiring Fintech Topi

    August 29, 2025

    Truckstop.com purchases the denim division of the transport finish company

    August 24, 2025
  • Trends

    Vietnam Fintech Market Overview: Trends, Growth Potential, and Future Directions

    October 8, 2025

    Industry size projected to reach 550.9 billion USD

    October 3, 2025

    Germany’s Fintech Market Expected to Reach 29.25 Billion USD by 2030

    October 3, 2025

    Expansion of the Blockchain and Fintech Sectors in Tokenization

    September 30, 2025

    Expansion and Investment Prospects in the GCC Fintech Sector

    September 25, 2025
  • Insights

    The upcoming frontier in managing personal wealth

    October 17, 2025

    India spearheads the fintech revolution with 87% of payments being digital.

    October 16, 2025

    Finance Minister Sitharaman inaugurates foreign currency settlement system in Gift City.

    October 7, 2025

    What $9.6T Daily FX Trading Means for Fintech Startups

    October 1, 2025

    Exploring the Boundaries of Technology: Advantages of the Fintech Sector

    September 30, 2025
  • Rumors

    Is Coinbase exploring a BVNK acquisition to enhance its stablecoin growth?

    October 14, 2025

    Japanese Digital Finance Firm Experiences Rapid Expansion

    October 11, 2025

    American regulators dismiss rumors of a dry CFTC merger, aiming to eliminate fear, uncertainty, and doubt in the cryptocurrency space.

    October 5, 2025

    Insights on OKX Communication Strategies for the Future of BTC Futures

    October 3, 2025

    Has the Texas Senate authorized the XRP reserve bill for purchasing $100 million in XRP annually?

    October 1, 2025
  • Startups

    Fundamento, an Agentic AI platform, secures $1.9 million in funding, led by IIFL Fintech Fund and additional investors.

    October 19, 2025

    Leading 7 FinTech Startups in China for 2025

    October 18, 2025

    Decentro Launches Omniscore at the 2025 Global Fintech Festival

    October 17, 2025

    Fintech Startup Introduces AI Tool to Identify Gold Fraud in Financial Institutions

    October 17, 2025

    Fintech startup Upgrade reaches a valuation of $7.3 billion following a recent funding round

    October 17, 2025
  • finjobsly
fintechbits
Home » Tencent presents its Fintech innovations at Hong Kong Fintech Week 2024
Technology Innovations

Tencent presents its Fintech innovations at Hong Kong Fintech Week 2024

3 Mins Read
Facebook Twitter Pinterest Telegram LinkedIn Tumblr Email Reddit
382f9d17ffa4e8f4ac8563aa4a180723.jpeg
Share
Facebook Twitter LinkedIn Pinterest Email Copy Link

Powering the Future of Fintech – Innovate, Connect and Amplify with Tencent

HONG KONG, October 29, 2024 /PRNewswire/ — The 9th Hong Kong Fintech Week 2024 was held from October 28 to 29, 2024 at the Asia World-Expo in Hong Kong. This is the first time Tencent hosted an exhibition at the event, showcasing its fintech innovation capabilities, international businesses and brands under the theme “Powering the Future of Fintech: Innovate, Connect, And Amplify with Tencent.”

Paul Chan, Financial Secretary of Hong Kong SAR, experiences Tencent's innovative palm recognition technology following the introduction of Forest Lin, Vice President of Tencent and Head of Financial Technology of Tencent.
Paul Chan, Financial Secretary of Hong Kong SAR, experiences Tencent’s innovative palm recognition technology following the introduction of Forest Lin, Vice President of Tencent and Head of Financial Technology of Tencent.

From day one, senior government officials and representatives of regulatory agencies, including Paul ChanFinancial Secretary of the Hong Kong SAR, Christopher HuiSecretary of Financial Services and Treasury, and Eddie YueDirector General of the Hong Kong Monetary Authority, visited the Tencent stand. They experienced Tencent’s innovative palm recognition technology after it was introduced by Forest flaxvice president of Tencent and head of Tencent Financial technology.

This year’s Hong Kong Fintech Week attracted more than 30,000 industry executives from over 100 economies to discuss the future of fintech globally. Hong Kong, Asia and all over the world. Forest flaxvice president of Tencent and head of Tencent Financial Technology, was invited to share his ideas on the main stage. During a panel discussion on “The Practical Impact of Technology Adoption: Improving the Customer Experience,” he explained that technological innovation is primarily about addressing equity issues. Weixin Pay’s innovative practices and solutions in China have significantly reduced merchant transaction costs and ensured user funds are secure thanks to risk control technologies such as AI, which have accelerated the ubiquity and inclusiveness of digital payments in China. One of the key missions of Tencent Fintech is about leveraging technology to make financial services more convenient, secure, affordable and accessible.

Daniel Hongvice president of Tencent Financial Technology, shared Tencent’s experience in interoperability of digital payment and funds transfer infrastructures. Tencent is committed to building a new open, diverse and inclusive global payment network covering various scenarios such as consumption, remittances, commerce, etc. For example, Tencent opened tens of millions of national merchant networks to amplify cross-border consumption and make it more practical for international travelers and Hong Kong residents. Tenpay Global cross-border money transfer services as well enable Overseas Chinese and WeChat pay Hong Kong users so they can easily pay salaries and alimony to their families. THE Mainland China.

Wenhui YangCEO of Tenpay Global (Singapore), Tencent’s cross-border payments platform, explained how digital wallets are reshaping the cross-border remittance experience. By partnering with over 50 global financial and remittance institutions and connecting to the Weixin ecosystem In In more than 100 countries and regions around the world, sending money is now as easy as sending a message.

In addition to cross-border remittances, Tenpay Global also enables businesses to expand globally by offering account management, global payment and collection, and foreign exchange services for e-commerce marketplaces, businesses import and export, standalone websites and B2B commerce sectors. Through innovative solutions, it ensures a seamless experience while remaining compliant and secure.

Tencent is at the forefront of digital innovation, particularly in the field of artificial intelligence. Over the past six years, Tencent invested 42 billion US dollars in R&D and now holds more than 5,000 AI-related patents. Based on Tencent’s proprietary Hunyuan foundation model, its Hunyuan Financial LLM is applied to its own financial scenarios, fostering innovation that creates value for both businesses and users.

Cision
Cision

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/tencent-showcases-its-fintech-innovations-at-hong-kong-fintech-week-2024-302290190.html

SOURCE Tencent

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

FreedomPay Acknowledged for AI Advancements at Fintech Marketing Global Awards

October 17, 2025

Cardoso’s message to fintech leaders: robust governance is essential alongside technological innovation.

October 16, 2025

Sofi Technologies speeds up advancements in financial technology

October 1, 2025
Leave A Reply Cancel Reply

Latest news

Finster AI secures $15 million to reshape the future of financial intelligence; opens office in New York, expands London headquarters, and brings on senior executives from Morgan Stanley and Revolut.

October 20, 2025

If AI and cryptocurrency are not bubbles, we might face significant issues.

October 20, 2025

Transforming Accounting: The Impact of Generative AI on the Finance Sector

October 20, 2025
News
  • AI in Finance (1,747)
  • Breaking News (175)
  • Corporate Acquisitions (71)
  • Industry Trends (207)
  • Jobs Market News (312)
  • Market Insights (218)
  • Market Rumors (281)
  • Regulatory Updates (174)
  • Startup News (1,137)
  • Technology Innovations (181)
  • X Feed (1)
About US
About US

FintechBits is a blog delivering the latest news and insights in fintech, finance, and technology. We cover breaking news, market trends, innovations, and expert opinions to keep you informed about the future of finance

Facebook X (Twitter) Instagram Pinterest Reddit TikTok
News
  • AI in Finance (1,747)
  • Breaking News (175)
  • Corporate Acquisitions (71)
  • Industry Trends (207)
  • Jobs Market News (312)
  • Market Insights (218)
  • Market Rumors (281)
  • Regulatory Updates (174)
  • Startup News (1,137)
  • Technology Innovations (181)
  • X Feed (1)
Happening Now

November 28, 2024

“ Intentionally collaborative ”: how the Rotman school of U of T leads Innovation Fintech

February 6, 2025

‘1957 Ventures’ to Drive FinTech Innovation in Saudi Arabia

September 10, 2024
  • About FintechBits
  • Advertise With us
  • Contact us
  • Disclaimer
  • Privacy Policy
  • Terms and services
  • BUY OUR EBOOK GUIDE
© 2025 Designed by Fintechbits

Type above and press Enter to search. Press Esc to cancel.