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Thursday, November 26, 2020
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Tag: WeBank

Online Banks Outperform China’s Conventional Lenders in 2018

The latest financial reports of China's online banks points to a bumper year in 2018, far outpacing the performance of listed domestic...

Tencent Cloud and WeBank Launch Fintech Lab to Explore Open Banking in China

Tencent-backed online lender WeBank (微众银行) has teamed up with Tencent's cloud platform to launch a new fintech research lab.

Tencent’s Fintech-related Revenues Surged in 2018

Tencent's latest financial data indicates that revenues derived from its fintech operations are fast approaching those sourced from mobile gaming.

Tencent Leads Chinese Tech Giants in Online Banking

Tencent has emerged as the leading player amongst China's online tech giants when it comes to lending operations via online direct banks.

WeBank Launches Fintech Research Centre with Leading Singaporean University

Tencent's online lending vehicle WeBank is teaming up with one of Asia's leading universities to establish a fintech research centre in Singapore.

Tencent’s WeBank Eyes Foray into Australian Online Banking

The online lending vehicle of one of China's leading tech giants has signalled ambitions to expand into the Australian digital banking sector.

Internet-Only Lender WeBank Valued at 147 Bilion Yuan by Auction Data

Valuation figures for China's first online-only bank highlight the difficulty of putting a precise figure on the worth of the country's new breed of...

aiBank, MYBank and WeBank Apply AI and Big Data to Online Lending in China

Chinese fintech companies are utilising a range of technologies to expand their stakes in the online banking market by specialising in the provision of...

WeBank Believes Open Consortium Blockchains Are the Future

The vice-head of China's first online bank addressed the topic of consortium blockchains and public blockchains at the 4th Global Blockchain Summit in Shanghai...

Most Read

Structured Deposits of Chinese Banks See Record Drop of over 1 Trillion Yuan in October

Structured deposits at Chinese banks have posted a record monthly drop for 2020 in October after rising to unprecedented levels earlier in...

Ningbo Launches Trials of Blockchain-driven Insurance Claims System

The Zhejiang-province port city of Ningbo has kicked off trials for the use of blockchain technology to automate the processing of insurance...

PBOC Steps up Pressure on Chinese Payments Platforms with Doubling of Penalty Amounts

The Chinese central bank has heightened its scrutiny of the payments sector with a sharp increase in the value of penalties imposed...

China Construction Bank Withdraws from Digital Bond Issuance Due to “Over-excitement” in Cryptocurrency Circles

One of China's big six state-owned banks has withdrawn from plans to issue digital bonds in collaboration with a digital assets exchange...