The programme will seek to help MSMEs build financial literacy and digital skillsets, address financing gaps and improve financial inclusion.
June 15, 2022ANEXT Bank, wholly owned by Ant Group, will aim to provide digital financial services to MSMEs, particularly those with cross-border operations.
June 7, 2022Green Link Digital Bank, owned by Greenland Group and Linklogis, will seek to address the needs of underserved MSMEs.
June 3, 2022Vice Premier Liu He suggested China will support the platform economy and improve its handling of relations with private companies.
May 19, 2022Ping An, China Mobile, Ant Group, Dagong Credit Rating as well as asset managers and energy producers helped to develop the standards.
May 14, 2022QR payments allow the creation of a digital payment footprint that enables small firms to access credit from both big tech firms as well as banks.
May 10, 2022Shenwan Hongyuan Securities failed to appropriately manage its online investment advisory business on Ant Group's wealth management app.
March 29, 2022NFTs in China are sold in yuan rather than crypto, do not use public decentralised blockchains, and cannot be resold after purchase.
March 29, 2022The bank reportedly violated rules by allowing data to flow to servers overseas and did not properly verify thousands of customers.
March 19, 2022The breaches involved failures to verify the identities of users and merchants transacting on WeChat Pay, as well as the source of funds for those transactions.
March 16, 2022