Tags China

Tag: China

China set to introduce digital yuan by early 2022

The People’s Bank of China (PBOC) has revealed it aims to fully launch the e-CNY digital currency by February 2022.

XTransfer eyes upgrade following $138m Series D funding haul

Financial and risk management services provider XTransfer has raised $138m from a Series D funding round led by D1 Capital Partners.

How can InsurTechs secure strong growth in emerging economies?

One of the key recent trends in global insurance has been the growth of InsurTechs in emerging markets. Research by SwissRe previously forecasted that emerging market premiums would more than double over the next ten years and outpace advanced market premium growth by four times. Post-pandemic, is this forecast still relevant?

China unveils wealth management scheme to strengthen Hong Kong, Macau ties

China has introduced Wealth Management Connect, a scheme that is looking to better connect its southern Guangdong province with neighbours Hong Kong and Macau.

CBIRC demands insurance company self-checks in management crackdown

The China Banking and Insurance Regulatory Commission (CBIRC) has called on online insurance firms to conduct self-assessments to identify violations and make corrections.

Chinese spies posed as Iranians to breach Israeli networks, cyber firm...

Security company FireEye has claimed that Chinese spies pretended to be Iranian hackers for two years to break into Israeli government and telecommunication networks.

Chinese hackers breached US pipelines between 2011 and 2013, joint advisory...

An advisory by the FBI and the Cybersecurity and Infrastructure Security Agency (CISA) has revealed Chinese state-backed hackers breached 13 US pipelines between 2011 and 2013.

Report finds suspected Chinese state-backed group targeting Asian telecoms

A cybersecurity report has found an alleged Chinese state-sponsored faction is attempting to hack telecommunications organisations in Taiwan, Nepal and the Philippines.

Global cyber study finds US remains dominant power, China continues ascent

A study by the International Institute for Strategic Studies (IISS) has found the US continues to lead the way as the number one cyber power worldwide.

People’s Bank of China set to begin green finance evaluation of...

The People’s Bank of China (PBOC) has revealed it will begin quarterly assessments of the green finance performance of 24 major Chinese banks starting 1 July this year.

See how insurance firms can use it to personalise their offering

Did you know that by 2025, almost 30% of all data created, captured, or replicated by consumer devices will be created in real-time.

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