Western Union customers will now be able to have their money transfers to China accounts be paid out…
China
Get the latest China fintech news, covering regulatory updates, innovations, and developments in the Chinese fintech sector.
Tencent’s WeChat team today celebrated WeChat Mini Programs’ 3rd Anniversary by revealing that total transaction value generated on…
Blockchain has become a national priority for China both in the public and private sector. This is further…
Vanguard, the $5.9 trillion U.S.-based asset manager, and Ant Financial Services Group, Alibaba’s fintech arm, announced a partnership…
The Guangdong-Hong Kong-Macau Greater Bay Area (GBA) is home to 43 unicorns valued at a combined US$1.1 trillion.…
Every peer-to-peer (P2P) lending platforms in China must become small loan providers within two years, according to an…
China’s leading mobile payments platform Alipay announced that its services are now finally available to international travelers in…
As much as 13% of banks’ payments revenue in China, or US$61 billion, is likely to be displaced…
China’s appetite for blockchain has surged after Chinese president Xi Jinping proclaimed the technology as an “important breakthrough”…
American online money transfer firm PayPal recently secured approval from the People’s Bank of China to purchase a…
Blockchain and cryptocurrencies have been all the rage these past years. Now even central banks are looking to…
China has been quick to embrace facial recognition, a technology that’s already being used for making payments at…
The People’s Bank of China (PBOC), the country’s central bank, has released a three-year fintech development plan that…
Over the past years, China’s Internet giant Tencent has been expanding its strategic positioning in the insurance industry.…
Alibaba, Tencent, China Construction Bank, Bank of China, Industrial Bank of China, Agricultural Bank of China, and Union…
ZhongAn Online one of the leading insurtech companies in China, announced today its first six months interim results…
2019 has been undeniably the year of Chinese commercial banks/tech companies collaborations. Incumbents have been actively pursuing partnerships…
China’s State Council and the Central Committee of the Communist Party of China have released a detailed plan…
In China, online lenders are filling the credit gap, leveraging cutting edge technology including artificial intelligence (AI) to…
China Construction Bank (CCB), one of the leading banks in China, announced that it has significantly lifted its…