Chinese Banks Embrace Facial Recognition To Fight Fraud
Banks in China have embraced micro-expressions technology as they try to combat fraud earlier by studying the facial movements of customers. The Financial Times, citing the Chinese banks, reported they...
View ArticleHong Kong Issues More Online Banking Licenses
The banking regulator in Hong Kong has issued an additional four online-only banking licenses to Ping An, Alibaba, mobile phone maker Xiaomi and a joint venture (JV) consisting of Tencent, ICBC and...
View ArticleDigital Banking, With Millennial, Mobile – And Governmental – Tailwinds
Kill the check. Shutter the branch. Make that leather wallet a mobile one, wielded on smartphones. The push toward digital banking seems an inexorable one, with the technology and demographics acting...
View ArticleB2B Payment Platform Taulia Seeks $60M To Expand Product Line
Taulia Inc. has attracted some of the world’s biggest investors. The San Francisco-based supply chain payment technology firm is raising $60 million from backers, CEO and president Cedric Bru told The...
View ArticleChina’s Ping An-Backed Lufax Aims For $2.36B IPO
Chinese FinTech Lufax is hoping to get as much as $2.36 billion from the initial public offering (IPO) filed earlier this month, according to a report in CNBC on Friday (Oct. 23). Backed by financial...
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