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Six countries form digital currency group to compete with China

(Image credit: Bigstock/World Image) The central banks for Canada, Japan, Sweden, Switzerland, the EU, and the UK have…


The Chinese blockchain startup taking on scalability

Conflux Technology has been making a lot of noise in the blockchain space because it is tackling one of the…


Ant Financial

Chinese mobile payment adoption drove tourist spending in 2019: survey

(Image credit: BigStock/Casimiro) Global adoption of Chinese mobile payment services is on the rise as merchants look…


Meituan co-founder to retire from management duties

A Meituan driver delivers an order in Shanghai on March 22, 2019. (Image credit: TechNode/Cassidy McDonald) Meituan…


Xiaomi to set up consumer finance firm in Chongqing

Xiaomi's Beijing headquarters. (Image credit: TechNode/Coco Gao) Chinese regulators have given smartphone maker Xiaomi…


China the top market for blockchain financing in 2019: report

(Image credit: Bigstock/LuckyStep48) Blockchain-related financing was most active in China and the US in 2019, which…


Ant Financial

Ant Financial rumors gather pace as tech IPO fever rolls on

Image credit: BigStock/Casimiro IPO fever has gripped China's tech space in recent times as rumors swirl that some of…


Shanghai's skyline is seen from The Bund on April 13, 2019. (Image Credit: TechNode/Eugene Tang)

Shanghai unveils five-year fintech hub plan

Shanghai's skyline as seen from The Bund on April 13, 2019. (Image credit: TechNode/Eugene Tang) Shanghai has set its…


Blockchain patent applications from Chinese banks rocket: report

Chinese banks have drastically increased the number of blockchain-related patents filed in the past four years,…


Alipay launches security platform for global payment partners

A consumer checks out with Alipay at FamilyMart in Shanghai on July 24, 2019. (Image credit: TechNode/Shi Jiayi)…