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 Wall Street Journal. Taulia’s fundraising could value the company at as much as $400...
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 as tailwinds, and where governments have increasingly gotten into the act of promoting digital banks (the...
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 Hillhouse Capital. Reuters is reporting that this totals eight total licenses handed out...
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 are concerned that some of their would-be customers are lying about why they are taking...
October 23, 2020
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 services conglomerate Ping An Group, the Shanghai-based startup has filed with the SEC to list on the New York Stock […]
July 09, 2020
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...
May 09, 2019
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,...
October 29, 2018
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...
