Tuesday, October 27, 2020
Tags Chinese facial recognition

Tag: Chinese facial recognition

Ant Group Denies Reports It Worked with Megvii on Commercialise Usage of Facial Recognition Data

Fintech giant Ant Group has denied reports based on remarks by leading Chinese computer scientist Li Kaifu (李开复) that it has made...

China Merchants Bank Launches Facial Recognition Payments for Enterprise App

One of China's leading commercial lenders has launched the use of facial recognition-based payments for its enterprise app. According to a report from Mpaypass.com.cn, China Merchants...

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Industrial IoT Financing the Next “Blue Ocean” for Chinese Fintech: Huang Qifan

The former mayor of Chongqing municipality Huang Qifan (黄奇帆) expects Industrial Internet of Things (IIoT) financing to be the next major area...

Legal Changes Expand Power of Chinese Central Bank, Confer Official Recognition to Digital Renminbi

Proposed amendments to the law governing the Chinese central bank are expected to confer it with greater sway and authority within China's...

Jack Ma Calls for Replacing “Pawnshop Mentality” of Traditional Banks with Big Data-based Credit System

Alibaba-founder Jack Ma has decried the collateral focus of traditional banks in the Chinese financial system, calling instead for the use of...

Digital Lender XWBank Sees Q3 Profits Rise 32%

Sichuan-based direct lender XWBank has seen a sharp on-quarter rise in its profits in the third quarter of 2020, as China makes...