Unleash the Power of Data

through Commercial Data Interchange (CDI)

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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. 

Without CDI With CDI

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 status from different sources

Business Intelligence

Gain insights from data analytics

Potential use cases

Credit Underwriting
Credit Underwriting

Enhance risk assessment with alternative data

Product Development
Product Development

Promote innovation in financial products and services with market data

Customer Acquisition
Customer Acquisition

Provide services to more customers at scale

Know Your Customer (KYC)
Know Your Customer (KYC)

Verify identity and business activities from different sources

Business Intelligence
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
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
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
Security and Trust

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

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(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.
GS1 Hong Kong

As the first batch of CDI participants, GS1 Hong Kong fully commits to support the next generation digital finance services through the offering of trusted digital trade data from our ezTRADE, a long-serving B2B order-to-cash platform.

By connecting our platform to the CDI, we hope to make trade financing easier and faster for our ezTRADE suppliers community. We look forward to working with more banks and other stakeholders in the ecosystem, empowering more innovative services to the SMEs.

Anna Lin, JP, FCILT
GS1 Hong Kong
GS1 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
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
QFPay HK
Standard Chartered Bank (Hong Kong) Limited

We are pleased that HKMA is launching CDI as a data infrastructure in the Fintech 2025 strategy. This is important to us as it streamlines the process of collecting our clients’ data in a secured and prompt manner, offers more comprehensive view of their business performance, and helps us develop more used cases by leveraging the SME’s alternative data generated during business operations. CDI can also help us provide better customer experience, drive for more product innovation and financial inclusion for the SME community.

Winnie Tung
Standard Chartered Bank (Hong Kong) Limited
Standard Chartered Bank (Hong Kong) Limited
Ping An OneConnect Bank (Hong Kong) Limited

We are pleased to be the first virtual bank participating in the HKMA’s Commercial Data Interchange initiative. Leveraging Tradelink Electronic Commerce Limited’s customer trade declaration data as an alternative data source for credit assessment, we have streamlined the loan approval process and have made the banking services more accessible for SMEs. We will continue to expand virtual banking services for more SMEs through the use of alternative data, and promote financial inclusion in Hong Kong.

Michael Fei
Ping An OneConnect Bank (Hong Kong) Limited
Ping An OneConnect Bank (Hong Kong) Limited
More testimonials

Our Partners

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Companies Registry
Nanyang Commercial Bank
Dun & Bradstreet (Hong Kong)
New World Development Company
Bank of China (Hong Kong)
ZA Bank
China Construction Bank (Asia)
QFPay Haojin Fintech
Public Bank (Hong Kong)
GS1 Hong Kong
FreightAmigo
Hang Seng Bank
The Land Registry
Dah Sing Bank
Hong Leong Bank
Airport Authority Hong Kong
Bank of East Asia
Fusion Bank
WeBank Technology Services
Fubon Bank (Hong Kong)
Tradelink Electronic Commerce
Ping An OneConnect Bank (Hong Kong)
PingAn OneConnect Credit Reference Services Agency (HK)
Ant Bank (Hong Kong)
Shanghai Commercial Bank
DBS Bank (Hong Kong)
Standard Chartered Bank (Hong Kong)
CMB Wing Lung Bank
Consented Data Exchange Gateway by Digital Policy Office
HKICL Technology Solutions Limited
Chiyu Banking Corporation
FWD Life Insurance Company (Bermuda)
China CITIC Bank International
OCBC Bank (Hong Kong)
Hongkong and Shanghai Banking Corporation
Bank of Communications (Hong Kong)
Know Your Customer
Chong Hing Bank
Citibank N.A.
eft Payments (Asia)
Industrial and Commercial Bank of China (Asia)
Lalamove
HKT Payment
Livi Bank
Octopus Cards
JETCO
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News

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HKMA publishes Project CargoX Recommendation Report
Press Release
19/01/2026
HKMA publishes Project CargoX Recommendation Report
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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
Read more
Keynote Address at the Hong Kong FinTech Week 2025
Speech
03/11/2025
Keynote Address at the Hong Kong FinTech Week 2025
Read more
Remarks by CE/MA at media standup during Hong Kong FinTech Week 2025 (Chinese version)
Speech
03/11/2025
Remarks by CE/MA at media standup during Hong Kong FinTech Week 2025 (Chinese version)
Read more
Eddie Yue on Building Highways and Bridges for Hong Kong’s Digital Economy
InSight Article
30/10/2025
Eddie Yue on Building Highways and Bridges for Hong Kong’s Digital Economy
Read more
Project CargoX: Unlocking Trade Finance Value through Cargo Data
Quarterly Bulletin Article
29/09/2025
Project CargoX: Unlocking Trade Finance Value through Cargo Data
Read more
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