Saturday, January 23, 2021
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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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.