Thursday, January 28, 2021
Tags Baidu Wallet

Tag: Baidu Wallet

Baidu’s Fintech Unit Accused of Security Failings Following Misappropriation of Accounts

Internet giant Baidu has come under fire following allegations that its financial services unit is vulnerable to serious security breaches which permit the misappropriation...

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Ant Group Submits Blueprint for Conversion into Financial Holding Company to Chinese Authorities

Jack Ma's beleaguered Ant Group plans to deal the concerns of Chinese regulators about its business operations by converting itself into a...

China Construction Bank Issues over $3 Billion in Small Business Loan Bonds

One of China's big state-owned banks plans to step up financial inclusion lending with the proceeds of its latest bond issue.

Banks Behind over 90% of China’s 80 Fintech Sandbox Projects

Banking sector financial institutions have emerged as the main force behind projects included in the fintech regulatory "sandboxes" launched by multiple cities...

Chinese Central Bank’s Credit Reference Center Amasses Data on over 1.1 Billion People

The Credit Reference Center (CRC) of the People's Bank of China (PBOC) says it has amassed credit information on more than one...