Tags China

Tag: China

CBIRC calls on banks to aid supply chain finance reforms in...

The China Banking and Insurance Regulatory Commission (CBIRC) has asked banks in China to strengthen risk management in supply chain finance transactions.

EU and China publish sustainable finance common taxonomy

The European Commission and China have completed the initial phase of a project to create a common taxonomy for sustainable finance.

Hong Kong, mainland China to link regulatory sandbox to aid cross-border...

The monetary authorities in Hong Kong and China have agreed to create a one-stop sandbox platform to help companies develop cross-border FinTech products quicker.

Prodigy Finance raises $750m as it targets growth in China, Singapore...

Prodigy Finance, which helps students access international student loans, has reportedly collected $750m in a funding round.

China bans all cryptocurrencies in huge virtual currency crackdown

The People’s Bank of China (POB) has officially announced that all transactions including cryptocurrencies are illegal with immediate effect.

IDEX Biometrics teams up with Union Smart

Fingerprint identification and authentication solution developer IDEX Biometrics has teamed up with Union Smart Card to deploy its services in 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.

Essential training, knowledge and forward-thinking 

in RegTech

Enroll today and get 20% OFF the Professional RegTech Certificate

120,000+ FinTech leaders get exclusive industry stories delivered every week