Tag: Financial Services

Business FinTech Tech
State-owned Banks in China Invest over US$ 1 Billion Dollars in FinTech Annually

Several state-owned banks in China recently announced they are boosting FinTech investments to cater to new financial technology services. So far the China Construction Bank, China CITIC Bank, Ping An Bank, The Industrial Bank, and China Merchants Bank have setup wholly owned subsidiary companies that create FinTech for the bank. These banks have launched retail…

  • April 4, 2019
  • min