China-based messenger app WeChat has announced that it has expanded digital yuan payments to its short video and mini-app platforms.…
Tencent
With a population of 1.4 billion, China has all the makings of a hotbed for e-commerce, a match made in…
Global cross-border payments network Thunes has partnered with Tencent Financial Technology, Tencent’s fintech arm, to allow members of its global…
Fusion Bank, Hong Kong’s virtual bank jointly owned by Tencent, Hong Kong Exchanges and Clearing, Hillhouse Capital and Perfect Ridge,…
WeChat Pay, Tencent’s mobile payments system integrated into the WeChat super-app, has told its users that it will be giving…
China has been quick to embrace facial recognition, a technology that’s already being used for making payments at numerous shops,…
Over the past years, China’s Internet giant Tencent has been expanding its strategic positioning in the insurance industry. The Chinese…
In China, online lenders are filling the credit gap, leveraging cutting edge technology including artificial intelligence (AI) to make lending…
In July, Tencent’s super-app WeChat ran a trial that enabled passengers of two Spring Airlines flights between Shanghai and Chengdu…
Due to the worryingly slow development of digital banking in Hong Kong, regulator Hong Kong Monetary Authority (HKMA) granted virtual banking…
Tencent and Shenzhen Stock Exchange (SZSE) have banded together to form a joint innovation lab, named the SZE – Tencent…
In their quarterly results announcement, Tencent revealed that its fintech and cloud services generated RMB21.8 billion (US$ 3.1 Billion) in…
Since president Xi Jinping announced a plan to gradually turn Hainan into a pilot free trade zone by 2020 and…
When one considers China’s influence on the rest of Asia, it is often seen as a benchmark; how China’s dramatic…
Mobile payments is rapidly becoming a dynamic market in Japan as the government pushes to increase cashless payments to 40%…
China’s tech giants Alibaba and Tencent are going after global remittances, a market that sees more than US$600 billion being…
Hang Seng Bank and Tencent announced that they have established a strategic fintech partnership. The parties will initially collaborate on…
WeSure, Tencent’s insurance platform, has widened its line of products and formed partnerships with 20 insurance and reinsurance companies. The…
Hong Kong Fintech Week, arranged by Invest Hong Kong (InvestHK), wrapped up on Friday with Shenzhen Day, a first-ever cross-border…
The Chinese retail industry is entering a “new retail” era, characterized by the widespread use of technologies such as artificial…