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Becoming the epicentre of digital finance
China has outpaced other developing and developed nations to position itself as a leader in the digital finance marketplace, tour which was held in conjunction with the Future of Finance Summit 2018 brought delegates to key financial and “big technology” institutions in the country

September 10, 2018 | Foo Boon Ping
  • Ant Financial is dedicated to creating an open ecosystem and provides inclusive financial services to small and micro enterprises, and individual consumers
  • Beijing Zhongguancun Software Park Incubator has been the cradle for the transfer of technological innovations and development of high-technology enterprise
  • The Bank of Beijing has been dedicated to serve the local economy and SMEs since its establishment, by promoting inclusive finance and other innovative financial services in rural areas

Ant Financial

Ant Financial is dedicated to creating an open ecosystem, enabling financial institutions and partners to make rapid progress towards “Internet+” goals through its “Internet Booster Plan”. It also provides inclusive financial services to small and micro enterprises, and individual consumers. Relying on internet mobile, big data and cloud computing, their businesses include payment, wealth management, credit reporting, private bank and cloud computing. We will learn about innovation in mobile finance and how they are able to make the market switch to Alipay.

Delegates were briefed on the three pillars of Ant Financial corporate and supporting technology strategy; which revolve around Inclusive Finance – designing and delivering financial services for everyone, to build its technology infrastructure on BASIC – Blockchain, A.I. Artificial Intelligence, Security, IOT, Cloud Computing, and Globalisation –2018 will mark the year when Alibaba will serve one billion people around the globe.

China Construction Bank’s Beijing Product Innovation Lab

China Construction Bank (CCB) has opened eight innovation labs all around China since the first one established eight years ago in Beijing. The CCB lab in Beijing is committed to offer global wealth management and integrated service to ente...

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Keywords: Fintech, Digital Finance, AI, Facial Recognition, Virtual Reality

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