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WeChat launches personal credit rating for its 600m users

Tencent's WeChat Pay will start giving its 600 million users a credit rating using an AI-based system to determine people’s “trust” value, according to Asia Times Financial.

EMQ launches enterprise settlement solution to significantly boost international payments for businesses globally

EMQ’s global network infrastructure delivers faster, more transparent cross-border settlements for enterprise customers across the world.

Everly.eu

Alipay offers boosts as Wuhan emerges from COVID-19 lockdown

Chinese mobile payment platform operated by Ant Financial – Alipay came up with initiatives to support small businesses in Wuhan as the city remerges from the lockdown period due to the COVID-19 pandemic.

Global financial markets to use China’s recovery as a critical gauge

Global financial markets will use China’s recovery as a sentiment tracker, affirms the CEO of one of the world’s largest independent financial advisory and services organizations.

Everly.eu

TransferWise and Alipay became partners to enable money transfers to China

UK-based fintech startup TransferWise has enabled international money transfers to China through a partnership with Ant Financial’s Alipay. Transferwise’s users will be able to send Chinese yuan from 17 currencies to users of Alipay.

Can Europe ever be at the forefront of fintech innovation?

As the competition becomes tender around who will become the fintech leader in the world, […]

The impact of coronavirus on foreign exchange and currency valuation

  The coronavirus outbreak is generating growing concern as new cases are identified on a […]

Global Crowdfunding Market to Hit $8.5bn Worth This Year

Recent years have witnessed the rising popularity of crowdfunding, with more and more startup companies […]

The rise of China’s female consumers

Young Chinese women are an increasingly important force in the world’s consumer markets. Females are […]

Everly.eu

Mastercard in China? $27 Trillion market awaits!

Mastercard Inc. won approval to set up a bank card clearing business in China, gaining access to a $27 trillion payments market.

China Everbright Bank Opts for Wolters Kluwer’s OneSumX for Regulatory Reporting

China Everbright Bank (CEB) has chosen Wolters Kluwer’s OneSumX Regulatory Reporting to provide its regulatory reporting software […]

Blackmoon Response to China ICO Ban

Following the recent statement from China‘s Central Bank, concerning their stance on the practice of Initial […]

China's Financial Community to Join Sibos 2017 en Masse

Unprecedented representation of Chinese financial institutions expected at Sibos in Toronto Five Chinese banks, including […]

Payza Opens Online Payment Platform to Chinese Market

Payza users in China can now use Chinese Yuan for global online transactions, added to […]

House of Fraser Pulls £29 Million Investment in Tandem Bank

House of Fraser’s Chinese owners have pulled £29 million of a £35 million investment in […]

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