A senior figure from China’s leading card payment organisation say he does not expect facial recognition technology to become a panacea for Chinese payments. More »
The head of one of China’s biggest fintech companies has outlined his expectations for the future of the Chinese sector at an industry event in Shanghai. More »
The China Banking and Insurance Regulatory Commission (CBIRC) has just released a new raft of data on foreign investment in the Chinese banking sector. More »
China’s securities authority is preparing to establish a new regtech department that will be headed by an ex-vice governor of the Chinese central bank. More »
One of China’s big six state-owned banks is applying blockchain technology to its refactoring operations. More »
China’s insurance regulator will remove restrictions on foreign ownership of Chinese life insurance companies starting from 2020. More »
The Chinese internet security sector has seen roaring growth since the launch of the 13th Five Year Plan (2016 – 2020). More »
The People’s Bank of China’s (PBOC) hopes to facilitate letter of credit operations in China with the launch of a new online cross-bank letter of credit information sharing system. More »
The Shanghai listing of one of China’s big six state-owned banks could mark the biggest IPO on the mainland since the start of the decade. More »
Big state-owned lender Bank of China (BOC) has made use of blockchain technology to facilitate the issuance of bonds to raise funds for micro and small enterprises. More »
A leading joint-stock bank has taken out a top industry award for fintech innovation in China. More »
The People’s Bank of China’s (PBOC) is expected to commence trials of its proposed statutory digital currency in key southern Chinese cities, with the participation of the country’s leading banks and telecoms companies. More »
