Saturday, January 23, 2021
Tags Baidu fintech

Tag: Baidu fintech

China Construction Bank Enters Cooperative Agreement with Baidu to Leverage Artificial Intelligence Capabilities

Big state-owned lender China Construction Bank (CCB) and tech giant Baidu have executed a strategic cooperative agreement that focuses on the application...

Baidu Plans to Make Strategic Investment in Yusys Technologies

Baidu plans to obtain a sizeable stake in Shanghai-listed fintech firm Yusys Technologies(宇信科技). Baidu...

China’s Big Four Tech Giants Collectively Amass 40 Financial Licenses Despite De-financialization Drive

The big four tech giants of Baidu, Alibaba, Tencent and JD.com have continued to amass finance licenses despite a push from Chinese...

Baidu Becomes First Chinese Internet Giant to Obtain License for Consumer Finance Operations

Baidu's finance affiliate Du Xiaoman Financial is expanding into the consumer finance sector with the acquisition of a sizeable chunk in a...

51 Credit Card Enters Comprehensive Strategic Cooperation with CITIC aiBank, Releases “T+” Plan

Chinese credit card company 51 Credit Card (51信用卡) is teaming up with Baidu-backed direct lender CITIC aiBank (百信银行) to cooperate on fintech...

SPD Bank Teams up with Baidu and China Mobile to Create “Digital Person” for Its Mobile App

Shanghai Pudong Development Bank is teaming up with Baidu and China Mobile to create a "digital person" (数字人) as part of its...

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Users of Everbright’s Cloud-Driven Utilities Payment Platform Exceeded Half a Billion in 2020

China Everbright Bank has seen users of its cloud-based utilities payments service surge in 2020, as the COVID-19 pandemic drove sharp gains...

China Unlikely to See Real Estate Loan Rates Decline in 2021 as LPR Holds Steady for Ninth Month Straight

Domestic analysts say that Chinese banks are unlikely to significantly reduce rates for real estate loans in 2021, as regulators continue to...

Chinese Central Bank Unveils Anti-Trust Measures Permitting Break up of Third-Party Payments Platforms

The People's Bank of China (PBOC) will have the power to recommend the dismantling of third party payments platforms under new measures...

Pinduoduo Owner Applies for Payments Trademark

A major shareholder in NASDAQ-listed agricommerce platform Pinduoduo has applied with Chinese authorities to register a Pinduoduo-related payments trademark.