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The Success Story of the Fintech Revolution in China

In the last couple of years, China has emerged as the global leader when it comes to the Fintech sector. It accounts for approximately 75 of the world market when it comes to online lending. It has seen tremendous growth in internet loan and third-party payment segments.

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PayPal Surpasses 250 Million Active Accounts

PayPal announced earlier this week it recently surpassed 250 million in the total number of active accounts on its global payments platform. The payments giant reported that this is a very important milestone for its company, and a key marker on its journey to fulfill its potential.

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S&P Warns Banks More Fintech Disruption Ahead

This week S&P Global published the Global Banks Midyear report for 2018. While credit conditions remain relatively good, the trade dispute, largely with China, is causing concern. Beyond the overall good economic environment there is a pressing issue when it comes to traditional banks.

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New Global Fintech Hub Report Puts China at Top, Silicon Valley in 2nd Place

In recent years most Fintech Hub reports have pegged the UK, and more specifically London, at the top of the list when it comes to ranking Fintech centers of excellence.

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2018 Finnie Awards: FinTech Australia Recognizes Best in Financial Innovation

FinTech Australia has shared the 2018 Finnie Award winners. The second annual industry event recognizes the best in financial innovation in the fast growing sector of finance.

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