Registrations for a digital payments system developed by the Hong Kong Monetary Authority (HKMA) have crossed the 10 million milestone for the first time since its launch in September 2018, suggesting that the coronavirus pandemic has hastened the city’s shift to digital banking services . Faster Payment System (FPS), which was developed by the HKMA , the city’s de facto central bank, for people to transfer money online between different banks, reached 10.1 million registrations last month. The system allows users to have more than one account . “In a short period of some three years since its launch, the…