China Fintech

China payment markets overview 2025

Cross-border payment growth slows to 2.9% while AI adoption reshapes China’s domestic transaction landscape.

Jul 22

China's banks are training massive AI models

China’s largest state-owned and joint-stock banks are embedding AI deeply into their core processes, from audits to credit risk analysis, building…

Apr 29

Alibaba Alipay’s Fintech Revolution

How Innovation, Ecosystem Strategy, and Market Growth Transformed Digital Payments

Mar 8

Huabei: China’s Leading Consumer Credit Platform and Its Global Implications

Huabei, a consumer credit service launched by Ant Group, has revolutionized digital payments in China.

Mar 7

China’s digital currency eCNY reached 261 million digital wallets

As of December 31, 2021, there had been more than 8.0851 million eCNY (China's Central Bank Digital Currency or CBDC) pilot scenarios, reaching 261…

Apr 25, 2022

UnionPay integrates with Alipay and WeChat Pay

In a significant move towards enhancing interoperability within China's mobile payment landscape, major platforms have collaborated to allow mutual…

Oct 12, 2021

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