Friday, December 15, 2017
Tags China

Tag: China

China UnionPay and banks create unified payments app

China UnionPay has teamed up with more than 30 local commercial banks and payment institutions to launch a unified app for the country's banking, Read more: www.finextra.com

Facial recognition for chickens? InsurTech firm wants to

Tech unit of Hong Kong-listed ZhongAn Online Property & Casualty Insurance targets 23 million birds for project ‘GoGo Chicken’ in three years, Read more: www.scmp.com

Three reasons why non-bank competitors should enter China

Sean Harrison looks at the potential for non-bank competitors to gain market share in digitally savvy China. Read more: banknxt.com

Payoneer secures undisclosed investment from China Broadband Captial

Digital payments solution Payoneer has received an undisclosed investment from China Broadband Capital. Read more: fintech.global

Micro-lender China Rapid Finance spots opportunity in new rules

China Rapid Finance will make any adjustments needed to its business practices and the fees it charges in response to Bejing's new requirements. Read More: www.reuters.com

People’s Bank of China Deputy Governor: ‘Bitcoin is Dying’

China's Central Bank stands by its September 2017 ban of all ICOs, claiming that despite its surging growth, that Bitcoin is dying. Read More: bitcoinist.com

ICBC teams up with JD.com to offer digital banking services

Industrial & Commercial Bank of China Ltd. said it’s teaming up with the finance unit of Internet retailer JD.com Inc. to offer digital banking services. Read More: www.bloomberg.com

Chinese search engine Baidu to rent user PCs to bitcoin mine

Baidu to launch a service offering PC owners the ability to rent out their spare computing power to others, bringing Bitcoin mining as a potential use. Read More: bitcoinist.com

China CITIC Bank and Baidu launch direct bank

China’s internet giant Baidu and one of the country’s largest lenders, China CITIC Bank, have joined forces to launch a new direct bank, AiBank. Read More: www.bankingtech.com

China bans bitcoin mining?

Chinese Bitcoin mining farms are reportedly receiving immediate cease and desist notices from authorities. Read More: bitcoinist.com