RD Technologies Group and OSL to Collaborate on Customer Due Diligence (CDD) System
(Hong Kong, 27 June 2023) - RD Technologies Group (“RD Technologies”) and OSL, the first virtual asset service provider (VASP) licenced by the Securities and Futures Commission (SFC) in Hong Kong, jointly announced today that they have entered a collaboration agreement.
Photo caption (from left): Gary Tiu, Executive Director & Head of Regulatory Affairs, OSL | Ken Lo, Deputy Chairman, OSL | Daniel Tian, Chief Executive Officer, RD Technologies | SK Lee, Chief Commercial Officer, RD Technologies
The two companies will explore the use of RD Technologies Group’s digital Corporate ID solution, RD ezLink, to enhance customer due diligence efficiency and customer experience for OSL’s corporate customers.
The collaboration is not only a strategic move by the two Fintech innovators but also a practical demonstration of the increased vibrancy of the Fintech market in Hong Kong following the HKSAR Government’s policy commitment to embrace and support the development of the digital assets markets and Web3.0.
OSL, the revolutionary digital asset platform, is transforming the way institutions and investors manage their digital assets. Backed by BC Technology Group (863.HK), Asia's leading fintech company, OSL offers a comprehensive range of services including brokerage, custody, exchange, and SaaS. OSL also provides traders with unparalleled access to one of the world’s deepest and regulated liquidity pools. With a strong emphasis on security, OSL ensures the protection of assets through secure and insured wallets.
RD ezLink, the first digital Corporate ID issuance platform in Asia, provides corporate identity verification services for businesses registered in Hong Kong and overseas. The collaboration between RD ezLink and OSL would enable the latter to meet the regulatory requirements regarding corporate customer due diligence in a fast and efficient manner. An RD ezLink verified digital Corporate ID, in compliance with high regulatory standards, is an essential key to open the gate for businesses wishing to participate and operate effectively in the Web3.0 ecosystem.
Gary Tiu, Executive Director & Head of Regulatory Affairs of OSL, commented, “We have been a strong supporter of the local digital asset industry and we are keen to be working with different partners to contribute to the development of a world-class regulated and secure local digital asset ecosystem. We are thrilled to work with RD Technologies, we help our clients unlock more opportunities investing in the regulated digital asset universe.”
Norman Chan, Chairman of RD Technologies, said “RD Technologies is very pleased to collaborate with OSL, which is a strategic move between two Fintech innovators. This partnership is also a practical demonstration of the increased vibrancy of the digital assets market and the Fintech industry in response to the embracement by the HKSAR Government of the development of the digital assets and Web 3.0 ecosystem in Hong Kong.”
About RD Technologies
RD Technologies deploys innovative fintech to build a business world interconnected by trust. Based in Hong Kong, the global crossroad of capital and goods, RD Technologies was born out of a mission to make things easier and cheaper for businesses in their cross-border payments and access to financial services with our unique RD ezLink and RD Wallet services.
Developed by RD ezLink Limited, a member of RD Technologies Group, RD ezLink is an innovative platform featuring fully digitised corporate identity verification and data analytics capabilities. In partnership with banks and financial institutions, RD ezLink aims to promote financial inclusion by elevating the customer experience in accessing financial services and in raising the cost-effectiveness of financial institutions in doing businesses while meeting the regulatory KYC requirement.
A member of RD Technologies Group, RD Wallet Technologies Limited holds the Stored Value Facility Licence granted by the Hong Kong Monetary Authority (SVF0016). RD Wallet enables businesses to make secure, fast, and efficient payments in multiple currencies 24/7, while Round Dollar (RDU), an innovative unit of account that comprises of Renminbi, Japanese Yen, and Hong Kong Dollar, helps businesses manage foreign exchange risks more effectively.
For details: https://rd.group
Press Enquiries
Sukyi Yau, RD Technologies (852) 2254 8854 | [email protected]
About OSL Hong Kong
As a subsidiary of the publicly listed OSL Group (HKEX: 863.HK), OSL Digital Securities is Hong Kong’s first and most established SFC-licensed and insured digital asset platform. Operating since 2018, the platform provides institutional-grade digital asset services to corporations, financial institutions, professional and retail investors.
OSL Hong Kong delivers services across five core domains: OTC brokerage, Omnibus broker solutions, custody, wealth management, and retail services. The OTC brokerage services provide 24/7 high-liquidity crypto trading with fiat on/off-ramp services. Custody solutions feature client-asset segregated wallet management backed by US$1 billion insurance coverage. The wealth management suite offers crypto investments to traditional investors, including tokenised treasuries, RWAs, structured crypto products, and quant investment strategies. Retail services bring institution-grade security and crypto access to professional and retail investors.
As a pioneer in bridging traditional finance and the digital asset economy, OSL Group adheres to its core concept: Open, Secure, and Licensed, empowering the next generation of global financial infrastructure. In addition to Hong Kong, OSL Group expands operations under full regulatory compliance in Japan, Australia, Europe and beyond.
For more information, visit osl.com.
Press enquiries