Unleash the Power of Data

through Commercial Data Interchange (CDI)

Next-Generation Financial Data Infrastructure

CDI aims to enable more efficient financial intermediation in the banking system and enhance financial inclusion in Hong Kong.

Instead of multiple one-to-one connections, each bank and data provider will have a single connection to CDI. Data sharing has never been easier.

Potential use cases

Credit Underwriting

Enhance risk assessment with alternative data

Product Development

Promote innovation in financial products and services with market data

Customer Acquisition

Provide services to more customers at scale

Know Your Customer (KYC)

Verify identity and business activities from different sources

Business Intelligence

Gain insights from data analytics

Key Features

Consent-based Sharing

Consent-based Sharing

Commercial data will be shared only after data owners (e.g. small and medium-sized enterprises (SMEs)) have given their explicit consent to banks and data providers.

API Standardisation

Application Programming Interface (API) Standardisation

API and data models defined in CDI empower a more efficient data sharing mechanism and flexible use cases among CDI participants.

Innovation Stimulation

The design of CDI can accommodate high level of independency among CDI participants, fostering innovation in financial products and services with the use of alternative data.

Data Immutability

The blockchain design of CDI means audit records are immutable, traceable and verifiable, ensuring a proper audit trail. Nevertheless, CDI does not store any commercial data to uphold the principle of data protection and increase system efficiency.

Security and Trust

Only authorised entities (i.e. CDI participants) can connect with CDI and perform data exchange. All participants are identifiable and trusted.

Participants

0 +

Loan applications and reviews

0 +

Estimated credit approval amount

HK$ 0 B+

(From production launch to Dec 2025)

Benefitting SME Financing

This is one of the videos showcasing how Hong Kong-based SMEs can make use of alternative data via CDI and apply for bank loans. To see the rest of the videos, please visit the SME Stories page.

HSBC

CDI has broken new paths to enhance SMEs’ access to bank finance and advance financial inclusion in Hong Kong. Building on the success of our initiatives during the pilot stage, HSBC is pleased to be among the first group of banks to leverage the CDI platform to streamline business loan application journey. We will continue to work with different data providers to explore new use case and support the growth of Hong Kong’s fintech ecosystem along the way.

Frank Fang

HSBC

Dun & Bradstreet Hong Kong

Dun & Bradstreet Hong Kong is fully committed to its ongoing collaboration with the CDI to support further acceleration and upscaling of credit risk assessment processes, which will be benefit financers in Hong Kong’s SME lending market.

Andrew Wu

Dun & Bradstreet Hong Kong

New World Development

New World Development continues to apply new technology to its businesses to enhance the customer journey, to improve our overall business efficiency, and to accelerate our sustainability efforts. As Hong Kong’s first property developer to join the HKMA’s Commercial Data Interchange, and by introducing the use of FinTech in the Group, we hope to create a win-win-win situation for SMEs to access financial services, for us to strengthen our partnership with ecosystem stakeholders, and to promote the adoption of FinTech and green supply chain in Hong Kong and across the Greater Bay Area.

Paul Sin

New World Development

QFPay HK

QFPay HK has been dedicated to providing fast and secure payment services to our merchants as well as developing different business solutions to support our merchants to grow in this fast-changing market. We are proud to participate in the CDI project by HKMA and be one of the pioneers of business data providers. Through the collaboration with financial institutions and development of related platforms, our clients will experience commercial financing in a more intelligent and efficient way.

Will Leung

QFPay HK

Hang Seng Bank

We can serve our customers better by leveraging commercial data to streamline our processes and offer enhanced digital experiences. With improved insights into our customers’ businesses, we are better able to assess their needs and objectives, which allows us to provide tailor-made financial solutions for us to better help our customers grow.

Donald Lam

Hang Seng Bank

Our Partners

Dun & Bradstreet (Hong Kong)

Bank of East Asia

Nanyang Commercial Bank

Standard Chartered Bank (Hong Kong)

China Construction Bank (Asia)

Fusion Bank

ZA Bank

GS1 Hong Kong

The Land Registry

Companies Registry

JETCO

Shanghai Commercial Bank

FreightAmigo

Chong Hing Bank

Octopus Cards

HKICL Technology Solutions Limited

CMB Wing Lung Bank

Lalamove

Fubon Bank (Hong Kong)

Industrial and Commercial Bank of China (Asia)

New World Development Company

Airport Authority Hong Kong

Tradelink Electronic Commerce

QFPay Haojin Fintech

Bank of China (Hong Kong)

Bank of Communications (Hong Kong)

Hong Leong Bank

eft Payments (Asia)

Hang Seng Bank

Ant Bank (Hong Kong)

Livi Bank

Hongkong and Shanghai Banking Corporation

Ping An OneConnect Bank (Hong Kong)

Public Bank (Hong Kong)

Know Your Customer

FWD Life Insurance Company (Bermuda)

Dah Sing Bank

PingAn OneConnect Credit Reference Services Agency (HK)

OCBC Bank (Hong Kong)

China Minsheng Banking Corp Ltd, Hong Kong Branch

DBS Bank (Hong Kong)

WeBank Technology Services

HKT Payment

Consented Data Exchange Gateway by Digital Policy Office

China CITIC Bank International

Chiyu Banking Corporation

Citibank N.A.

News

Hong Kong Monetary Authority, Shanghai Data Bureau, and National Technology Innovation Center for Blockchain sign MoU to strengthen Shanghai-Hong Kong cooperation in digitised cargo trade and finance

Press Release

02/03/2026

Hong Kong Monetary Authority, Shanghai Data Bureau, and National Technology Innovation Center for Blockchain sign MoU to strengthen Shanghai-Hong Kong cooperation in digitised cargo trade and finance

HKMA publishes Project CargoX Recommendation Report

Press Release

19/01/2026

HKMA publishes Project CargoX Recommendation Report

The HKMA Unveils “Fintech 2030” at the Hong Kong FinTech Week 2025

Press Release

03/11/2025

The HKMA Unveils “Fintech 2030” at the Hong Kong FinTech Week 2025

Keynote Address at the Hong Kong FinTech Week 2025