Tag "Industrial and Commercial Bank of China"

Ping An’s New Project With HKMA is a Blockchain-Powered Trade Finance Platform

Ping An Insurance delivered Hong Kong’s first blockchain-based international trade finance platform, eTradeConnect. The platform was initiated by seven founding banks in Hong Kong and facilitated by the Hong Kong Monetary Authority (HKMA). Leveraging blockchain’s distributed ledger technology, financial institutions

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27 Chinese Banks Work With SWIFT gpi to Accelerate Their Global Reach

SWIFT released today the names of the ten Chinese banks that have gone live on its global payments innovation initiative (gpi) since its launch in May 2017. The banks are: Bank of China, Industrial and Commercial Bank of China, Bank

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ICBC Leverages Technology to Drive Cross-Border Development

Cross-border finance is developing rapidly thanks to the opening up of China’s capital market, opportunities brought by the development of the Guangdong-Hong Kong-Macao Greater Bay Area. Take Industrial and Commercial Bank of China (Asia) as an example. ICBC (Asia) started its cross-border RMB business in

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