Hong Kong, 31st October 2022 – Today at Hong Kong Fintech Week 2022, RD ezLink Limited announced that the Bank of East Asia (“BEA”) will launch pilot service for digital identity verification on RD ezLink commencing from 1st December 2022, as collaborative efforts in tackling the pain points of difficult account opening and slow updates of corporate information encountered by SMEs. 

BEA is the one of the first banks to reach the intent to cooperate with RD ezLink. The fully-digitised online service of RD ezLink brings convenience and ease to customers for carrying out corporate and personal identity verification with relevant information even when they are abroad, so as to fulfil the requirements for bank account opening and ongoing due diligence. 

Norman Chan, the Chairman of RD ezLink Limited, said, “I announced the establishment of RD ezLink at Hong Kong Fintech Week last year, with an aim to provide an innovative digital identity verification service for our corporate customers. Thanks to the relentless hardwork of our fellows, we have entered into cooperation agreements with five Hong Kong banks, including BEA, CMB Wing Lung Bank, ZA Bank, Standard Chartered Hong Kong and Ant Bank (Hong Kong). Today, I’m pleased to announce that RD ezLink and BEA will launch pilot service for digital identity verification for corporate customers commencing from 1st December 2022, as collaborative efforts in tackling the pain points of difficult account opening as well as cumbersome and slow updates of corporate information encountered by SMEs.” 

Mr. Tong Hon-shing, the Deputy Chief Executive and Chief Operating Officer of BEA, commented, “BEA is pleased to be one of the first partner banks of RD ezLink developed by RD Technologies. RD ezLink improves the prevailing practice of the banking industry, it not only provides a convenient option for corporate customers to open accounts, but also enhances bank efficiency and customer experience. I am confident with the RD team and this platform, as we share the same vision to provide customer-centric solutions. Led and driven by BEAST of BEA, this collaboration plays a contributing role to the innovation of the fintech market in Hong Kong.”

In consideration of multiple needs for business and operation, corporate customers often use services from more than one bank. As a result, they have to provide the same set of documents and other relevant information to several banks for account opening and maintenance, while the banks are required to approve and verify the same on a case-by-case basis, which could in turn be truly cumbersome. In the future, corporate customers may create a corporate profile on RD ezLink for due diligence purpose, which streamlines the correspondence with multiple banks, making it expeditious and effortless. 

Upon the launch of RD ezLink, business owners who are abroad may also remotely create and update the fully-digitised corporate profile via the RD ezLink mobile app. With our fully-digitised identity verification process on RD ezLink, the key personnel of the company no longer needs to visit any bank branches in person.

About RD ezLink 

Developed by RD ezLink Limited, a member of RD Technologies, RD ezLink is an innovative platform featuring fully-digitised corporate identity verification and data analytics capabilities. In partnership with banks, other financial institutions, business associations, etc., 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 SME businesses while meeting the regulatory KYC requirement.

Learn more about RD ezLink at https://www.rd.group.

Media Enquiries: 

RD ezLink Limited 
Coco Li 
Tel: (852) 9231 0067 
Email: coco.li@rd.group 

Sukyi Yau 
Tel: (852) 2254 8854 
Email: syau@ycom.hk