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Insights
13-Aug-18 The People's Bank of China has a problem persuading banks to lend. The cost for banks to borrow from one another is now lower than from the PBOC, but a large chunk of those funds is sitting idle. [image: Qilai Shen]
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Insights
11-Jul-18 Some experts predict 80% of global GDP will rely on real-time online payments by 2023. Others still believe cash will hold its position as 'king' of payments. [image: Shutterstock / HKTDC]
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Insights
11-Jul-18 Tencent Holdings' WeChat Pay said it will not seek to offer more local payment wallets to overseas customers over the next three years and will remain focused on serving outbound Chinese tourists better in popular overseas destinations. [image: SCMP]
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Insights
05-Jul-18 A mix of social and economic factors have combined to make Southeast Asia a rapidly developing blockchain technology hub, including the region’s under-subscription to its banking network, with only 27% of the 655 million population holding a bank account. [image: iStock / Asia Times]
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Insights
30-Jun-18 Consumers will complete mobile payment using upgraded facial recognition technologies on China-branded Android phones as early as Jul-18. Oppo will partner with Alibaba to kick off facial recognition authorization on AliPay using its new technology called FaceKey 3D. [image: Shine]
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