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Chinese virtual banking
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Chinese virtual banking
Fintech
UnionPay International Teams up with Hong Kong Digital Bank to Issue Virtual Debit Card
CBNEditor
-
August 12, 2020
0
The Hong Kong subsidiary of Chinese payments giant China UnionPay has teamed up with local digital lender Livi Bank to launch a...
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Fintech
Ping An’s Virtual Bank Commences Operation in Hong Kong
CBNEditor
-
June 29, 2020
0
Another virtual bank has officially kicked off operation in Hong Kong following the issuance of licenses by the local monetary authority in...
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Banking
UBS Chooses China for Launch of New Digital Banking Platform It Wants to Go Global
CBNEditor
-
May 11, 2020
0
Swiss bank UBS hopes to launch a digital banking platform in China first before subsequently bringing it to the global market.
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Banking
Standard Chartered’s Virtual Bank Mox Announces the Launch of Trial Operations in Hong Kong
CBNEditor
-
April 14, 2020
1
Standard Chartered's virtual bank Mox has just launched a trial run of its online services in Hong Kong.
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Banking
ZhongAn Online’s Hong Kong Virtual Bank Enters Cashless Payments Agreement with Visa
CBNEditor
-
February 4, 2020
0
The Hong Kong digital banking subsidiary of Chinese fintech company ZhongAn Online has entered an agreement with Visa to work on cashless...
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Banking
Two More Chinese Consortiums Join Race for Virtual Banking License in Singapore
CBNEditor
-
January 23, 2020
0
Two more Chinese-led consortiums have announced plans to compete for the virtual banking licenses on offer from the Singaporean central bank.
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Fintech
Ant Financial Seeks Virtual Banking License in Singapore
CBNEditor
-
November 22, 2019
0
Jack Ma's Ant Financial has flagged its ambitions to expand into the virtual banking sector of the South-east Asian city-state of Singapore....
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Fintech
Virtual Banking to Be a Key Theme at 2019 Hong Kong FinTech Week
CBNEditor
-
October 16, 2019
0
The rise of virtual banking in the greater China region is set to be one of the key themes at the 2019 Hong...
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Banking
Hong Kong Monetary Authority Issues Virtual Banking Licenses to Ant Financial, Tencent, Ping An and Xiaomi Subsidiaries
CBNEditor
-
May 11, 2019
0
The subsidiaries of a slew of China's leading fintech players have obtained licenses to operate virtual banks in Hong Kong.
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Banking
China’s First Legal Person Direct Bank Sees Users Exceed 10 Million in a Year
CBNEditor
-
November 27, 2018
0
The first direct bank in China that enjoys status as an independent legal person has seen its user numbers surge above the eight digit...
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Industrial IoT Financing the Next “Blue Ocean” for Chinese Fintech: Huang Qifan
Fintech
CBNEditor
-
October 26, 2020
0
The former mayor of Chongqing municipality Huang Qifan (黄奇帆) expects Industrial Internet of Things (IIoT) financing to be the next major area...
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Legal Changes Expand Power of Chinese Central Bank, Confer Official Recognition to Digital Renminbi
Economy
CBNEditor
-
October 26, 2020
0
Proposed amendments to the law governing the Chinese central bank are expected to confer it with greater sway and authority within China's...
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Jack Ma Calls for Replacing “Pawnshop Mentality” of Traditional Banks with Big Data-based Credit System
Fintech
CBNEditor
-
October 26, 2020
0
Alibaba-founder Jack Ma has decried the collateral focus of traditional banks in the Chinese financial system, calling instead for the use of...
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Digital Lender XWBank Sees Q3 Profits Rise 32%
Banking
CBNEditor
-
October 26, 2020
0
Sichuan-based direct lender XWBank has seen a sharp on-quarter rise in its profits in the third quarter of 2020, as China makes...
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