Search Results for "Alipay"

Hong Kong Fintech Week 2018 – Day 4 Highlights

The fourth day of Hong Kong Fintech Week, organised by Invest Hong Kong  at Hong Kong Convention and Exhibition Centre, continued at full tilt right to the very end, thanks partly to a regulatory announcement on cryptocurrencies and partly to the

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Hong Kong Fintech Week 2018 – Day 1 Highlights

Hong Kong Fintech Week, organised by Invest Hong Kong (InvestHK), kicked off Monday with FinovateAsia 2018, a two-day conference comprising industry expert and regulator speeches, along with its signature seven-minute live demos. The audience heard about the transformation of the banking

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Is UnionPay Breaking the Visa and Mastercard Duopoly?

It’s a well known fact that the cards network sector is dominated by the Visa and Mastercard duopoly. If you live outside of China, a quick glance into your wallet will likely prove that fact. Enter UnionPay, established in 2002

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20 Fintech Experts You Should Meet at Hong Kong Fintech Week 2018

From October 29 to November 02, 2018, Hong Kong will be hosting its third annual Hong Kong Fintech Week. This year’s event will be the world’s first cross-border fintech event, spotlighting not just Hong Kong, but the whole Guangdong-Hong Kong-Macao

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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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Now That The HKMA Faster Payment System is Live, What Does it Mean For Hong Kong?

In an effort to push Hong Kong towards a cashless society, the HKMA Faster Payment System was launched earlier this month To date 21 banks and 10 digital wallet have signed up for the system which includes well known names

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Is Hong Kong Ready to Go Cashless?

Seeing the popularity of WeChat Pay and Alipay in China, it is easy for some to assume that these mobile payment apps are equally popular in Hong Kong. Unlike China, Hong Kong is still largely a very cash dominant society.

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Top 16 Fintech Investors in Hong Kong and Mainland China

China’s Internet finance industry has boomed in recent years. The country leads the world when it comes to total users and market size, and fintech startups are mushrooming. China contributes to some of the world’s largest investments in the fintech

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MYbank Will Share Its Risk Management & AI Data With 1K Financial Institutions In China

Alibaba-backed MYbank, a Chinese online bank with a focus on lending, announced that it will be opening up its artificial intelligence, computing and risk management capabilities to financial institutions in China, in what is called their Star Plan. Through these

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Ant Financial to Share Full Suite of AI Capabilities with Asset Management Companies

At Financial announced that the Company will share a full suite of AI capabilities with asset management companies in China to support their digital transformation. Following its successful launch last year, Caifuhao, an AI-powered corporate account on the Ant Fortune

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