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On November 27, 2013, the Ali-cloud division of Alibaba group announced the launch of Ali Financial Cloud services. Background Ali financial cloud services has been developed to provide secure and sta...
It sounds trite if you’ve read my other posts on Bitcoin in China, but ‘wow! What a week it has been for Bitcoin in China’. With the PBOC effectively cutting off (legal) funding of accounts on exchang...
Many of you signed up to watch and take part in our live webcast looking at global transaction banking in 2014. We asked our esteemed panel to close off our discussion with their top predictions for ...
After 18 years of economic development, China’s Tier 2 Banks, mainly city commercial banks, are growing to fill a gap in-between state-owned banks, and rural commercial banks. As part of their growth,...
When I recently spoke to a young family acquaintance who had taken a job as a bank teller, it got me thinking about the changing nature of that role, and its future prospects. Particularly as I recall...
It must be hard trying to start out in the world of banking. There are all of these massive competitors, hoovering up business, and there is no way to match their scale. Without scale, you cannot pay ...
With a wide range of channel choices for retail customers, banks need to be aware of the usage and preferences for each channel which can vary for multiple reasons including the purpose of the transac...
I wince every time I hear bitcoin reaching new milestones in value - and I don't think I'm alone. 'Bitcoin hits $300' - I shudder. 'Bitcoin reaches $500 milestone' - I cringe. 'Bitcoin tops $1000' ...
Cooperative and community banks enjoy a special place in the hearts of the people, often giving them special regulatory status too. However in an age that has debunked many of the theories of capitali...
It's been stop-start, but there are signs of growth. Reading Simon Strong's Finextra blog post about growing overheads as P2P lenders mature and become more regulated, and Dan Barnes' post about the ...
Here at Finextra we are all about community and one of our favouite communities is Global Transaction Banking. So, as an end of year treat, we have gathered a group of industry thought leaders to gaze...
From purchasing property with Bitcoins, to the world’s largest Bitcoin exchange, to incredible mining operations, China over the past few months has become the largest Bitcoin market in the world and ...