Singapore and HK’s fintech future called into question

Singapore and Hong Kong’s financial technology (fintech) future has been called into question, with regional rivals' lighter regulatory burden cited as part of their success. While the two cities can rightly claim to be Asia’s financial hubs, the chance to be financial innovation centres is in the process of being seized by the likes of China, Vietnam and Indonesia. But the two cities still have fintech hope, say industry players, with native innovation set to be a potential gam…