-
How This Chinese Fintech Company Is Innovating by Leasing Cows
While global investors have often honed in on China’s booming urban centers, Chinese financial tech firms are beginning to look at the middle kingdom’s increasingly affluent rural, farming-based consumers.
- Categories
- Agriculture, Finance
- Region
- Asia Pacific
- Tags
- fintech, rural development
-
Bitcoin: Indonesia bars use by fintech firms
Indonesia’s central bank has issued a regulation banning use of cryptocurrencies by financial technology companies involved in payment systems, and said it is examining whether there’s a need to regulate trading on virtual currency exchanges.
- Categories
- Finance
- Region
- Asia Pacific
-
Apple Pay takes on China’s internet kings in mobile payments
In an early boost, China’s biggest lender, Industrial and Commercial Bank of China Ltd (ICBC), was among the banks that said earlier this week that customers would be able to use Apple Pay from Thursday.
- Categories
- Finance
- Region
- Asia Pacific
- Tags
- digital payments, fintech
-
MediaTek partners with Google to reach into emerging markets
Mediatek, the world's second largest mobile chip maker, has teamed up with U.S. tech group Google to offer cheaper, faster smartphones in emerging markets as early as next year amid sluggish demand from mainland China.
- Categories
- Technology
- Region
- Asia Pacific
-
Shanghai subway to use Alibaba voice and facial recognition systems in AI push
The subway system in the Chinese city of Shanghai will bring in voice and facial recognition technologies developed by e-commerce firm Alibaba Group Holding as it looks to make life easier for the millions of commuters on one of the longest and busiest mass-transit railway networks on the planet.
- Categories
- Technology
- Region
- Asia Pacific
-
Alibaba launches US$1.5 billion fund to help fight poverty in China
At a conference attended by the company’s 36 partners at its headquarters in Hangzhou, executive chairman Jack Ma announced it would set up the Alibaba Poverty Relief Fund, with the money to be donated over the next five years.
- Categories
- Investing
- Region
- Asia Pacific
-
Uber signs partnership with Vietnam’s leading e-wallet firm
The partnership is Uber's first deal with a fin-tech company in Southeast Asia. It aims to catch up with regional rival Grab, which has its own e-wallet service.
- Categories
- Finance
- Region
- Asia Pacific
- Tags
- fintech
-
China Online Finance Regulator Tells Unqualified Micro-Lenders to Stop Lending
"Some institutions are not qualified to issue loans but have used false promotion to attract clients, conduct violent debt collection, and charge extremely high interest rates and fees, causing financial risks and social problems in some regions," it said in the letter released on its website.
- Region
- Asia Pacific
- Tags
- regulations
Subscribe to Our Weekly Newsletter, "NextBillion Notes"
Published each Wednesday, our e-newsletter features NextBillion's latest original articles, along with a selection of news, jobs, bizdev opportunities and events from our recent coverage — and regular conference ticket giveaways.
We respect your privacy. Your information is safe and will never be shared.
Don't miss out. Subscribe today.