Ping An Applies Automated Blockchain-driven Smart Contracts to All Operations
Chinese conglomerate Ping An Insurance is applying blockchain-driven smart contracts across the full range of its operations.
Fintech
Ant Financial’s MYBank Sees 10-fold Increase in Small Enterprise Customers in Three Years
Ant Financial-backed internet lender MYBank hopes to bring its online financial services to “all roadside stalls in…
People’s Daily Warns China’s Online Lending Platforms against Illegal Collection of Services Fees
The flagship newspaper of the Chinese Communist Party has published a news story warning online lending platforms…
Hong Kong Digital Banks Expected to Focus on Mobile Payments and Micro-Loans
Domestic analysts expect Hong Kong’s first cohort of licensed digital banks to commence operation before the end…
Chongqing Uses Alipay Blockchain to Reduce Enterprise Registration Time to Just Three Days
The central Chinese municipality of Chongqing has used Alipay’s blockchain technology to develop a new administrative services…
Tencent’s Fintech Unit Shuffles Senior Execs after Infinium Grabs Virtual Banking License in Hong Kong
Chinese tech giant Tencent has announced key changes to senior executives for its fintech operations just after…
PBOC Approves First Bank Card Clearing License for China UnionPay
China’s central bank has given its approval to the issuance of the country’s first bank card clearing…
Xunlei Teams up with Hong Kong University of Science and Technology to Open Blockchain Laboratory
Nasdaq-listed tech company Xunlei (迅雷集团) is collaborating with the Hong Kong University of Science and Technology (HKUST)…
Ping An Fintech Vehicle OneConnect Plans to List in New York by as Soon as September: Domestic Reports
Ping An fintech subsidiary OneConnect (壹账通) plans to list in New York instead of Hong Kong according…
China’s Banking System Host to Nine Fintech Subsidiaries
Since the end of 2015 China banks have established a total of nine fintech subsidiaries as part…
