Keenly awaited by corporate treasurers, a central bank digital currency between Hong Kong and Thailand has taken a further step towards becoming a reality.
China is at the vanguard of the new payments revolution and nowhere is set to feel the pain more than China’s banks. A new report outlines just how deeply new fintech is cutting into China’s bank revenues
For Chinese tech giant Tencent, revenues from its fledgling fintech and business services operations could one day outstrip the firm's traditional stronghold in smartphone gaming