Monday, June 21, 2021
Tags Chinese fintech

Tag: Chinese fintech

China Needs 1.5 Million More Big Data Professionals

China suffers from a shortfall in big data professionals of more than a million according to a new study from one of the country's...

Baidu Spinoff Du Xiaoman Financial Says Artificial Intelligence is the Future of Fintech

Former Baidu fintech unit Du Xiaoman Financial says that artificial intelligence will lie at the core of upcoming fintech innovations. Speaking at the Baidu AI...

Renmin University Establishes “Blockchain Fintech Lab” with Xiaoniu88

One of China's top universities is launching a "blockchain fintech lab" in conjunction with a leading online fintech platform. Xiaoniu Capital (小牛资本), the parent company...

Yangtze River Delta Tops Global Fintech List Ahead of Silicon Valley

A new report ranks the Yangtze River Delta as the world's leading fintech industry hub ahead of Silicon Valley, Greater Beijing and London. The Global...

Chinese Bankers Hail Potential of Fintech to Transform Business Practices

Leading members of China's banking sector have extolled fintech's transformative potential at the recent "2018 China Fintech Development Forum" (2018中国金融科技发展论坛). "Finance is a crucial environment for...

ICBC Touts Transition Towards Smart Banking Via Use of Blockchains, AI and Big Data

The world's biggest lender says it is endeavouring to shift towards a "smart banking" model via the adoption of a range of new technologies,...

China Minsheng Bank Opens Flagship Fintech Branch in Beijing

One of China's leading commercial banks has opened a "flagship fintech branch" in the Beijing tech sector hub of Zhongguancun. The Zhongguancun branch of China Minsheng...

“There Is No Inevitable Relationship Between Digital Currency and the Blockchain:” Chinese Central Bank

A senior official from the digital currency research team of the Chinese central bank says that China's efforts to develop a statutory cryptocurrency will...

Online Lending Platforms in China Staged World Cup Promotional Events to Draw Investors

P2P lending platforms in China have staged a slew of World Cup-related promotional events in order to attract investors. Online finance consultancy Yingcan Zixun (盈灿咨询)...

P2P Lending in China Plunges in June Amidst Platform Closures

China has seen a sharp drop in the transaction volume for its P2P online lending sector as regulators crackdown on internet finance. The "P2P Internet...

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Bank of China Commits to Development of New Blockchain Applications

A senior tech executive from one of China's big state-owned banks has stressed the lender's commitment to the development and application of...

China’s Loan Prime Rate Unchanged for 14th Consecutive Month in June

The benchmark rate for the Chinese banking sector has held steady for the 14th consecutive month in the month of June. 

Guangxi Rural Credit Society Becomes 14th Chinese Bank to Establish Fintech Subsidiary

A rural lender in the south-western province of Guangxi has become the latest banking sector financial institution in China to launch its...

Chinese Central Bank Calls for Greater Adoption of Legal Entity Identifiers as Part of Financial Digitisation and Opening

A senior official from the Chinese central bank has called for driving the increased used of global legal entity identifiers (LEI's) in...