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HKMA Launches CargoX Pilot Programme to Expand Data-Driven Trade Finance - OpenGov Asia

Summary by opengovasia.com
The Hong Kong Monetary Authority (HKMA) has launched the CargoX Pilot Programme, bringing together 21 banks to test new ways of using cargo and trade data to improve trade finance processes. Announced on 7 May 2026, the initiative will use the Commercial Data Interchange (CDI) to explore data-driven approaches to credit assessment and financing. The […]
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opengovasia.com broke the news on Thursday, May 7, 2026.
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