With COVID-19 seemingly somewhat under control in China, the country’s banking industry is examining the damage and preparing for difficulties. In particular, the aftermath of the crisis is expected to …
Read More »Video: the effects of COVID-19 on China’s FinTech ecosystem
Stephen Hopkins, an expert on the Chinese FinTech space, outlines how the COVID-19 crisis has impacted China’s FinTech ecosystem and how some government policies could help mitigate some of the …
Read More »Video: China facing a new payment technology
China has been an early adopter of modern payment solutions, with its mobile payment infrastructure being one of the most advanced in the world. Now, the digitally-savvy country is moving …
Read More »What China can teach the world about digital transformation
By the end of this year, China will boast 55.8% of global online retail sales, a figure predicted to rise to 63.0% by 2022. China’s emergence as a dominant digital …
Read More »China’s WeChat: the high cost of digital convenience
On the surface it may seem the China’s WeChat is a social network like Facebook or WhatsApp. But with more than a billion users and a plethora of functions, it …
Read More »China’s TechFin giants
Chinese tech firms are moving into the banking sector in a much different way then their Western counterparts. Whereas Western BigTechs like Amazon and Google seem content in serving financial …
Read More »Huawei, Forms Syntron release distributed open platform solution for banks
Huawei and Forms Syntron, a leading Chinese bank solution provider, have jointly released Fincube, a distributed open platform solution for the financial industry. Fincube will help banks at various scales …
Read More »China’s peer-to-peer lending crash
Last summer, more than 400 peer-to-peer (P2P) lending platforms in China collapsed, costing thousands of Chinese millions in lost investments. The reason for their collapse is due to the lack …
Read More »China’s FinTech model and why the West won’t catch up
China has embraced FinTech solutions as ways to make their lives easier, with one-stop shop apps allowing nearly half a billion people to access a dizzying array of financial services. …
Read More »China UnionPay and banks create unified payment app
China UnionPay has teamed up with more than 30 local commercial banks and payment institutions to launch a unified app for the country’s banking industry. The Mobile QuickPass app is …
Read More »WeChat owner receives investment fund license
The Shenzhen representative office of the China Securities Regulatory Commission has issued Tencent a mutual investment fund license, opening the door for the WeChat messenger owner to sell shares directly …
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