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Ant Financial Services Group, the payments and financial services arm of Chinese e-commerce giant Alibaba, has launched a new suite of fintech products and services targeted at financial institutions and banks. Under the Ant Financial Technology brand, the firm will provide products and services under five product portfolios: large-scale financial...
Businesses in Singapore and Chongqing, China, operating in the info-communications and media (ICM) space are set to receive a boost with the announcement of a new fund to aid collaboration.  MOU on Third-party Market Collaboration For projects to be mutually developed and implemented in either country; the China-Singapore ICM Joint Innovation...
Not so long ago, a great many of us were quite happy to hand over our personal information, without much thought, in return for handy online services that enables millions of us to keep in touch with friends and family. But then came the Cambridge Analytica scandal, which saw 50...
Chinese blockchain startup Nervos has raised US$28 million in a Series A funding round from Polychain Capital, Sequoia China, and others, to develop a hybrid blockchain network for enterprises decentralized applications (dApps). The new capital will be used to grow its product and engineering teams, accelerate development of its...
China wants to be a frontrunner in blockchain technology with local governments ramping up blockchain projects, and yet, the government still maintains a strict stance on cryptocurrencies, highlights a new report by Abacus, 500 Startups, and the South China Morning Post. Local governments of Shanghai, Shanxi, Henan, Guangzhou, Guiyang and...

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