Tag "BNP Paribas"
China’s Cashless Economy Set to Overtake USA by 2021
According to the World Payments Report 2018 produced by Capgemini and BNP Paribas, global non-cash transaction volumes grew at 10.1% in 2016 to hit 482.6 billion in value, with China contributing to 25.8% of that growth. When it comes to
Read MorePing 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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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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