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PayPal to enter China through GoPay acquisition

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30-Sep-19 PayPal’s acquisition of a 70 percent state in GoPay will make it the first foreign platform to provide online payments in China. Though China’s payments market is led by local players, there’s still plenty of room for growth. [image: TechCrunch]

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Ping An’s AI team in China can now predict flu outbreaks

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22-Sep-19 China's Ping An Technology is helping healthcare authorities in Chongqing and Shenzhen predict flu outbreaks ahead of time with accuracy rates of over 90 percent. It is also looking at extending its forecasting capabilities into other diseases. [image: Handout]

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Chinese shoppers embrace facial payments

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05-Sep-19 China’s new digital payment infrastructure - face recognition - could make even QR codes seem old-fashioned. Customers simply pose in front of POS machines equipped with cameras to pay. Alipay will spend USD420 mn on the technology by 2022. [image: Asia Times]

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