Search Results for: Bank of China

Western Union and PERA HUB to Offer Digital Money Transfers with UnionBank
Banking Fintech News

Western Union and PERA HUB to Offer Digital Money Transfers with UnionBank

Fintech News Desk
Western Union Services will be Available via the UnionBank App; a First in the Philippines Western Union, a global leader in cross-border, cross-currency money movement and payments, and PERA HUB, a leading provider of financial services, announced the integration of Western Union’s digital money transfer capabilities into the UnionBank banking platform,......
Peak Fintech Continues Expansion of Business Hub with Addition of Two New Banks and New Office in Guangzhou
Fintech News

Peak Fintech Continues Expansion of Business Hub with Addition of Two New Banks and New Office in Guangzhou

Fintech News Desk
Peak Fintech Group Inc., an innovative Fintech service provider and manager of the Cubeler Business Hub, announced that Lishui Rural Commercial Bank and Xinghua Rural Commercial Bank (“XRCB”) are the two latest banks to join the Company’s Business Hub ecosystem. Both LRCB and XRCB are clients of Zhongke Software Intelligence Ltd. (“Zhongke”),......
Pintec CEO Victor Li wins The Asian Banker Innovation Leadership Achievement Awards 2021
Fintech News

Pintec CEO Victor Li wins The Asian Banker Innovation Leadership Achievement Awards 2021

Fintech News Desk
Pintec Technologies Holdings Ltd. , a leading independent fintech solutions provider, announced the company’s CEO Victor Li has won the Innovation Leadership Achievement in China Award 2021 by The Asian Banker for his outstanding leadership in the innovation, transformation and growth of Pintec. Victor Li’s expertise and vision have propelled the company’s growth in......
Peak Fintech Acquires Minority Stake in China UnionPay Subsidiary
Fintech News

Peak Fintech Acquires Minority Stake in China UnionPay Subsidiary

Fintech News Desk
Peak Fintech Group Inc., an innovative Fintech service provider to the Chinese commercial lending sector, today announced that it has acquired a minority stake in China UnionPay subsidiary Rongbang Technology Ltd. (“Rongbang”). Earlier this year, Peak signed an agreement with Rongbang that allows Peak to use the China UnionPay network to provide fund......
Peak Fintech Begins Acquisition Process of Banking AI Software Provider Zhongke with Transfer of IP Following Successful Pilot
Artificial Intelligence Banking Fintech News

Peak Fintech Begins Acquisition Process of Banking AI Software Provider Zhongke with Transfer of IP Following Successful Pilot

Fintech News Desk
Peak Fintech Group Inc., an innovative Fintech service provider to the Chinese commercial lending sector, announced a major step in its pending acquisition of banking artificial intelligence software provider Zhongke Software Intelligence Ltd. (“Zhongke”) with the transfer of Zhongke IP to a Peak-controlled subsidiary. Peak originally announced its intention to acquire......
Insurtech Leader Ethos Raises $100 Million from SoftBank Vision Fund 2
InsurTech News

Insurtech Leader Ethos Raises $100 Million from SoftBank Vision Fund 2

Fintech News Desk
Valuation vaults past $2.7 billion Just two short months after announcing a $200 million Series D round that took its valuation to $2 billion, Ethos, the insurtech leader that’s transforming the life insurance space, has raised an additional $100 million in capital. The new investment from SoftBank Vision Fund 2 brings Ethos’ valuation to $2.7 billion and total......
Upgrading UK’s Ageing Payments Infrastructure to Boost UK GDP by $3.8Billion by 2026 ACI Worldwide and Cebr report
Digital Payments Finance Fintech News

Suning Cross-border Payment was Granted the Hong Kong Licence for Operating Money Service, Upgrading the One-stop Solution for Overseas Brands to Enter Mainland China

Fintech News Desk
In recent days, Suning Financial Services (Hong Kong)Co., Ltd was granted the “Licence for Operating Money Service” in cross-border payments in Hong Kong. Suning Financial Services also obtained their third cross-border “pass” for international payments, followed by their payment licence and VISA QSP certification. Such certifications further support overseas business expansion. The approval of “Licence for......
Juniper Research Over Half of Global Population to Use Digital Banking in 2026; Driven by Banking Digital Transformation
Banking Digital Mobile Banking News

Juniper Research Over Half of Global Population to Use Digital Banking in 2026; Driven by Banking Digital Transformation

Fintech News Desk
A new Juniper Research study has found that 53% of the world’s population will access digital banking services in 2026; reaching over 4.2 billion digital banking users, from 2.5 billion in 2021. The research identified increased digital transformation efforts as enabling banks to function effectively during the pandemic; justifying the benefits of......
China Partners with Co2Bit Technologies to Reduce the Impact of Climate Change
Blockchain Digital Finance Fintech News

China Partners with Co2Bit Technologies to Reduce the Impact of Climate Change

Fintech News Desk
The Co2Bit program will help mitigate the inevitable impacts of climate change China Investment Association in cooperation with China Africa Investment Cooperation Ltd. has signed a strategic partnership with Co2bit technologies to support the Co2 tokens. These blockchains based secure digital assets are a uniquely sustainable finance mechanism supporting projects......
Enfusion Strengthens Presence in China with Wholly Foreign-Owned Enterprise
Cloud Investments News

Enfusion Strengthens Presence in China with Wholly Foreign-Owned Enterprise

Fintech News Desk
Firm doubles down in region following record growth in APAC as Chinese market further opens up Enfusion, the leading provider of cloud-based investment management software and services, announced today that they have formed a wholly foreign-owned enterprise (WFOE) in China (Enfusion (Shanghai) Co., Ltd “Enfusion Shanghai”), marking the first official step in the......
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