Chinese trade finance blockchain processes US$2.8bn
China’s CITIC Bank, Bank of China, Minsheng Bank and Ping An Bank announced that...
China
DBS launches blockchain-powered trade finance platform for Chinese SMEs
DBS Bank has launched Rong E-Lian, a financing facility on a logistics blockchain platform that aims to give SMEs in China faster access to trade financing. Rong-E Lian offers multi-tier financing solutions to more than 1,000 suppliers in the...
Ping An approves the creation of a new-generation open and innovative AI platform
The 2019 World Artificial Intelligence Conference (WAIC), a conference bringing together the world's leading artificial intelligence (AI) technologies, formally raised the curtain on August 29. The conference attracted industry leaders and cutting-...
China to launch information platform for supply chain finance
China will launch a platform for supply chain finance to facilitate information disclosure of...
Ping An OneConnect proposes blockchain-network-as-a-service (BNaaS)
OneConnect Financial Technology Co., Ltd. (OneConnect), a leading technology-as-a-service platform for...
Pintec teams up with Caissa Travel to establish a joint venture factoring company
Pintec Technology Holdings Ltd., a leading independent fintech solutions provider...
China opens up financial sector to increase foreign investment
China opened up its financial sector to more foreign investment as the government said it will take...
Chinese banking and insurance regulator issues guidelines for SCF industry
China's banking and insurance regulator recently issued guidelines that require banking and insurance institutions to...
More financial institutions exposed to Camsing SCF fraud
Shockwaves caused by the detention of Camsing Global founder Lo Ching continued spreading through China’s finance sector ...
Tencent launches first official supply chain finance programme
As technology heralds the future of supply chain finance, a number of Chinese technology companies have been launching...