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Tencent has streamlined WeChat account registration and card linking to Weixin Pay for international visitors to China to enhance their payment experience.
mobile payments, digital wallet, QR code, cross-border payments, e-wallet
Juan Pablo Ortega, CEO and Co-Founder of Yuno, shares insights regarding growth markets and pointers about business expansion, talking about Yuno’s journey so far.
cross-border payments, ecommerce, growth markets, marketplace, digitalisation, BNPL, fintech, payment methods, merchants
Pat Patel and Matthias Kröner from Elevandi provide insights into key trends shaping fintech and payments in Asia Pacific and Europe.
fintech, digital assets, payments , artificial intelligence, financial inclusion
Global B2B payment infrastructure platform Thunes has announced its partnership with China Construction Bank to optimise cross-border payments in the region.
partnership, cross-border payments, cross-border ecommerce, payments , online payments, digital payments, mobile payments, ecommerce
The government of China has launched the National Blockchain Technology Innovation Center in Beijing to support blockchain technology research.
blockchain, research, cryptocurrency, partnership
The People’s Bank of China (PBC) has included in its currency circulation report the country’s central bank digital currency (CBDC), the e-CNY, also known as digital yuan.
report, CBDC, digital currency, digitalisation, crypto, digital banking, digital assets
The African Development Bank has loaned the Egyptian state-owned Banque Misr a USD 130 million line of credit.
banks, fintech, SMEs, startup, digitalisation
Five Turkish banks have adopted Russia’s Mir payments system, Turkey’s President Recep Tayyip Erdogan said after talks with President Vladimir Putin.
banks, payments , Russia Ukraine War, partnership, e-wallet
State-owned Chinese banks, including Agricultural Bank of China (ABC), China Construction Bank (CCB) and Industrial and Commercial Bank of China (ICBC) have added smart management to the digital renminbi wallets.
product upgrade, e-wallet, digital banking, CBDC, digital currency
China-based payments app WeChat Pay has started a collaboration to connect directly with mobile apps of financial institutions in China, among efforts by regulators to integrate payments.
WeChat Pay, product upgrade, UnionPay, mobile payments, QR payments
biometrics, digital currency, CBDC
Eight commercial Chinese banks may be working on their own digital yuan wallets or banking platforms that can interoperate with the token.
China, banking, digital wallets, CBDC, digital yuan, online banking, digital banking
China's petrochemical industry has seen its first digital warehouse receipt pledge financing transaction that integrates blockchain and Internet of Things (IoT) technology successfully implemented in China.
supply chain finance, digitalisation, blockchain, IOT, financing settlements, warehouse receipts, order financing, data sharing, PBOC, Sinochem Energy High-Tech
China Construction Bank (CCB) had opened a wallet service for China’s central bank digital currency to public users, however it has disabled it after the feature gained widespread attention.
DCEP, digital yuan, central bank digital currency, China, China Construction Bank, innovation, mobile wallet, mobile app
Chinese Central Bank Digital Currency (CBDC) will soon be tested in ‘Guangdong-Hong Kong-Macao Greater Bay Area, Beijing-Tianjin-Hebei region, and Yangtze River Delta region’ according to China’s Ministry of Commerce.
central bank digital currency, CBDC, China, digital yuan, Bank of China, China Construction Bank, Industrial and Commercial Bank of China, Agricultural Bank of China, digital wallet app, accounts, money, payments , money transfer
Ant Financial has launched the Software-as-a-Service (SaaS) version of its technology product OceanBase.
China Construction Bank, Bank of Nanjing, PICC Health, Bank of Suzhou, Guangdong Rural Credit Union, Alipay, technology, OceanBase
China-based fintech OneConnect has announced that it has granted the first loan on its blockchain based financing platform for SMEs.
OneConnect, financing platform, B2B payments, lending, B2B lending, SME financing platform, ICBC, China Construction Bank, China, Asia, APAC, digital government, Guangdong
China Construction Bank has officially released its blockchain platform for trade finance, BCTrade2.0 Blockchain Trade Finance Platform.
China Construction Bank, product launch, Trade Finance Blockchain Platform, blockchain platform, trade finance, BCTrade2.0, blockchain trade finance platform, China, Asia, APAC
WorldRemit has launched international transfers to UnionPay debit cards in China.
WorldRemit, money transfer, UnionPay, card, China
Hong Kong-based cross-bank ATM service Joint Electronic Tellers Services (JETCO) has launched its JETCO APIX exchange platform.
JETCO, Joint Electronic Tellers Services, product launch, plaform launch, Open Banking, Open API, JETCO APIX, IBMs API Connect, IBM