Tag "fintech"

Government Efforts Push Fintech Innovation In Guangzhou

China is undeniably the world leader in fintech, hosting some of the most innovative and successful companies in the sector, including Alibaba’s Ant Financial worth a whopping US$150 billion and Lufax, China’s largest online wealth management platform worth an estimated

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Internet Giants Are Threatening Incumbent Banks

“Bigtechs,” or Internet-based platform companies such as Amazon, Alibaba, Facebook and Tencent, are making inroads into the finance and banking business, threatening incumbent banks that are not responding fast enough to the digitalization of the industry, according to a new

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Fintech And Blockchain See Strong Rise In Hangzhou

When talking about fintech in China, it is common to hear mentions of hubs such as Hong Kong, Beijing, Shanghai and Shenzhen, but the lesser known city of Hangzhou is quickly catching up with its counterparts.   Hangzhou, a startup

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Hong Kong Pushes Fintech Innovation

The Hong Kong government will be allocating HK$500 million over the next five years to support its financial services industry, including the development of fintech, Hong Kong’s financial secretary Paul Chan said on February 28. In his annual budget speech,

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Fintech In China: What To Expect In 2018

Traditional financial centers such as London and New York are witnessing increasing pressure from Chinese cities such as Beijing and Shenzhen which are quickly becoming front runners in the fintech race. By many measures, China can already be considered the world leader

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Top Global Female Fintech Influencer 2017

Onalytica analysed over 631K posts from 1st January – 20th November 2017 looking at social influence as well as authority by analysing how much influencers are referenced in online media, forums, blogs and YouTube content. These influencers were then added

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Hong Kong Welcomes New Fintech Regulations And Initiatives

Hong Kong is ramping up its support for fintech and insurtech innovation with new rulings and bold initiatives that are intended to accelerate development and facilitate collaboration. Many of these initiatives are being undertaken by the Hong Kong Monetary Authority

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What the heck is happening with China, ICOs and Cryptocurrencies?

So, this happened: China bans initial coin offerings calling them ‘illegal fundraising’ – BBC “The People’s Bank of China has declared initial coin offerings (ICOs) illegal and wants them to “cease immediately”.” Updated: Central bank says all ICOs illegal, Technode

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Fintech and Sustainable Investing Poised to Revolutionize Financial Services

Fintech and sustainable, responsible and impact (SRI) products are revolutionizing how financial services are delivered. These two sectors in particular have attracted massive investor interest and are poised to transform the way people invest and transact, according to a new

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Shanghai: China’s Second Fintech Powerhouse

China is the undisputed global fintech leader with the largest fintech market in the world as measured by total investment, total addressable market, and digital usage, and Beijing, Shanghai and Shenzhen are its top three fintech powerhouses. Shanghai, a global

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