Tag "Tencent"

Fintech Collaboration between Hang Seng Bank and Tencent

Hang Seng Bank and Tencent announced that they have established a strategic fintech partnership. The parties will initially collaborate on various aspects of technology application, account-opening procedures and retail payment services with the aims of providing customers with innovative and

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Tencent’s WeSure Forms Partnerships with 20 Insurance Companies

WeSure, Tencent’s insurance platform, has widened its line of products and formed partnerships with 20 insurance and reinsurance companies. The “data-driven” and “social connection” features of WeChat, as Alan Lau, Chairman & CEO of WeSure, mentioned in a recent CNBC interview, will help

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Hong Kong Fintech Week 2018 – Day 5 Shenzhen Day Highlights

Hong Kong Fintech Week, arranged by Invest Hong Kong (InvestHK), wrapped up on Friday with Shenzhen Day, a first-ever cross-border fintech event, attended by several hundred delegates for discussions and speeches before departing to visit the offices of Tencent, WeBank

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China E-Commerce Industry Enters “New Retail” Era

The Chinese retail industry is entering a “new retail” era, characterized by the widespread use of technologies such as artificial intelligence (AI) and big data to digitalize the entire value chain, according to PwC. China is the world’s biggest consumer

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Bank & FinTech Collaboration Models – How Big Banks Plan Fight the Big Tech Challenge

Sometime around the tail-end of 2010 the banks started realising that something called a FinTech could be a threat to their business. This is a time when some senior executives in the bigger banks were asking the digital leaders if

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Funding for Blockchain and Bitcoin Media in China Skyrocketing Despite Little Track Record

Online blockchain media are on the rise in China. According to the statistics by Daily Economic News, 7 blockchain media companies in China raised funding in merely 9 days, between March 1 and March 9. There was a spate of

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Top Fintech China News

Fintech News Hong Kong covers stories about the Fintech Ecosystem – i.e. Mobile Payment, Personal Finance, Bitcoin, Blockchain, Regtech, Robo Advisor and Lending – and Startups in Hong Kong and China. We also produce the Hong Kong Fintech Startup Report and

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Shenzhen: One of China’s Top Fintech Hubs

China has become the undeniable center of global fintech innovation and adoption, thanks to developments across multiple hubs such as Shanghai, Hangzhou, Beijing and Shenzhen. With a large pool of highly skilled work force and the presence of educational powerhouses,

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