Fintech

IMF’s Lagarde Taps Alipay to Leverage Global Fintech Development

IMF’s Lagarde Taps Alipay to Leverage Global Fintech Development

Christine Lagarde, managing director of the International Monetary Fund, wants to push global Fintech development by leveraging online payment systems,…

Oct 13, 2017
Benjamin Roberts
China’s Finding the Solution for Digital Fiat Currencies in the Bitcoin Age

China’s Finding the Solution for Digital Fiat Currencies in the Bitcoin Age

China is trying to hammer out the position of virtual currencies in the financial order with the backdrop of the…

Oct 12, 2017
Benjamin Roberts
Ranks of China’s Web Financial Services Users Swell to 126 Million in First Half, Report Says

Ranks of China’s Web Financial Services Users Swell to 126 Million in First Half, Report Says

Both the scale and utilization rates of China’s internet finance users were higher in the first half than at the…

Oct 12, 2017
Xu Wei
Ant Financial Sets Up Tech Platform ZOLOZ to Open Up Financial Biometric Identification

Ant Financial Sets Up Tech Platform ZOLOZ to Open Up Financial Biometric Identification

Ant Financial Services Group, the finance arm of Alibaba Group Holding Ltd. [NYSE:BABA], has decided to open up its biometric…

Oct 11, 2017
Zhang Xia
Alibaba Subsidiary Teams Up With JC Finance on Entry-Exit Trade Tax Service for SMEs

Alibaba Subsidiary Teams Up With JC Finance on Entry-Exit Trade Tax Service for SMEs

Chinese fintech firm JC Finance & Tax Interconnect Holdings Ltd. [SHE:002530] today signed a one-year cooperation agreement with Shenzhen One…

Oct 9, 2017
Tang Shihua
More Overseas Firms Begin to Accept Alipay, WeChat Pay in Bid to Attract More Chinese Tourists

More Overseas Firms Begin to Accept Alipay, WeChat Pay in Bid to Attract More Chinese Tourists

The number of foreign airports and duty-free and retail stores accepting Alipay and WeChat Pay has increased substantially compared with…

Oct 9, 2017
Yin Yi
What You Should Say, and Not Say, to Attract Funding on Kickstarter

What You Should Say, and Not Say, to Attract Funding on Kickstarter

Crowdfunding takes a 26-percent hit when a product is framed as both novel and useful.

Oct 3, 2017
INSEAD Business School
Bank of Jiangsu, JD Finance Strike Deal to Create Fintech Ecosystem

Bank of Jiangsu, JD Finance Strike Deal to Create Fintech Ecosystem

Bank of Jiangsu Co. [SHA:600919] has entered a strategic cooperation with JD Finance in fintech and inclusive finance, making it…

Sep 29, 2017
Zhang Xia
Shenzhen Sets Up Blacklist for Online Loan Practitioners

Shenzhen Sets Up Blacklist for Online Loan Practitioners

Shenzhen will blacklist online loan practitioners who engage in fraud, misappropriation or fabrication of customer information as well as those…

Sep 28, 2017
Yang Jiao
Macao Prohibits Local Banks From Offering Services Related to Virtual Currencies

Macao Prohibits Local Banks From Offering Services Related to Virtual Currencies

The Monetary Authority of Macao issued a warning about the risks associated with virtual products and tokens on its official website yesterday.

Sep 28, 2017
Xu Wei
BTCChina Stops Accepting Deposits; Users Can Still Partake in Bitcoin Mining Pool

BTCChina Stops Accepting Deposits; Users Can Still Partake in Bitcoin Mining Pool

China’s largest bitcoin trading platform, BTCChina, shut down its digital asset and yuan deposit functions at 12.00 p.m. Beijing time…

Sep 27, 2017
Dou Shicong
Chinese Cryptocoin Neo Founder Says he Was Tapped by Authorities for Advice Before China Ban

Chinese Cryptocoin Neo Founder Says he Was Tapped by Authorities for Advice Before China Ban

Da Hongfei, the founder of blockchain group NEO and ‘Chinese Ethereum’ alt-coin Neo, claimed he was contacted by Chinese regulators…

Sep 26, 2017
Yicai Global

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