Chinese Central Bank Strengthens Internet Credit System, Pushes Online Lenders to Sign up
The People’s Bank of China (PBOC) has adopted measures to strengthen regulation of online credit information in…
Fintech
Tianfeng Securities Enters Cooperative Agreement with Artificial Intelligence Firm
Chinese brokerage Tianfeng Securities hopes to step up its fintech capabilities by striking a cooperative agreement with…
Mobile Payments Usage Rate of Chinese Tourists Under 45 Travelling Abroad Hits 43%: McKinsey
A new report from McKinsey points to the increasing use of mobile payments by the fast-rising number…
Shenzhen Issues Draft Version of China’s First Local Standards for Financial Blockchain Platforms
The Shenzhen municipal government has just issued China’s first local standards for financial blockchain platforms.
Chinese Banks Bet Big on the Potential of Blockchain Technology
A slew of Chinese banks have made major forays into the use of blockchain technology since the…
Online Insurer ZhongAn and KPMG China Launch New Insurtech Report
China’s first fully online insurance company has teamed up with KPMG China to produce a new report…
Chen Zhiwu Says Fintech’s Impact on Financial Inclusion Limited, Artificial Interference to be Avoided
One of China’s leading economists says that it will still be difficult for small and micro-enterprises in…
PBOC’s Digital Currency Research Institute Highlights Four Challenges for Blockchain Finance
The vice-head of the Chinese central bank’s Digital Currency Research Institute has warned against the “rash” use…
Ant Financial Makes $210M Investment in India’s Zomato
Ant Financial is expanding its footprint in India’s internet economy with a rapid expansion of its stake…
China’s Top Fintech Innovators for 2018 Announced in Beijing
A slew of awards for the most innovative players in the Chinese fintech space were announced at…
