Saturday, January 23, 2021
Tags Chinese automation

Tag: Chinese automation

UnionPay Creates Unmanned Automated Supermarket Using QuickPass Payments App

Payments giant China UnionPay has used its QuickPass (云闪付) payments app to permit the creation of a convenience store in the Kunming...

Big State-owned Banks Lead Sharp Cuts to Staff Levels as Fintech Takes Off in China

Chinese banks oversaw sharp reductions to their staffing levels in the first half of 2019, amidst efforts by many lenders to expand...

China Could Automate Away 2.5 Million Customer Service Jobs, Banks Amongst Leading AI Adopters

Chinese financial institutions are taking the lead in the adoption of artificial intelligence-driven customer service systems that could dramatically reduce staff numbers....

China Puts Finishing Touches on Digital Economy Policy Framework, 5G Expected to Drive 15.2T Yuan in Growth

The Chinese government is accelerating efforts to improve its overall policy framework for development and regulation of the digital economy.

Most Read

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.