Tag: China

Prodigy Finance, which helps students access international student loans, has reportedly collected $750m in a funding round.

The People’s Bank of China (POB) has officially announced that all transactions including cryptocurrencies are illegal with immediate effect.

Fingerprint identification and authentication solution developer IDEX Biometrics has teamed up with Union Smart Card to deploy its services in China.

The People’s Bank of China (PBOC) has revealed it aims to fully launch the e-CNY digital currency by February 2022.

Financial and risk management services provider XTransfer has raised $138m from a Series D funding round led by D1 Capital Partners.

One of the key recent trends in global insurance has been the growth of InsurTechs in emerging markets. Research by SwissRe previously forecasted that emerging market premiums would more than double over the next ten years and outpace advanced market premium growth by four times. Post-pandemic, is this forecast still relevant?

China has introduced Wealth Management Connect, a scheme that is looking to better connect its southern Guangdong province with neighbours Hong Kong and Macau.

The China Banking and Insurance Regulatory Commission (CBIRC) has called on online insurance firms to conduct self-assessments to identify violations and make corrections.

Security company FireEye has claimed that Chinese spies pretended to be Iranian hackers for two years to break into Israeli government and telecommunication networks.

An advisory by the FBI and the Cybersecurity and Infrastructure Security Agency (CISA) has revealed Chinese state-backed hackers breached 13 US pipelines between 2011 and 2013.