April Wu

China Market Strategy

December 31, 2014

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Banking News This Week – Dec 31

The top 5 banking news stories in emerging markets this week.

1 – Tencent ready to launch China’s first private internet bank, WeBank

Chinese Internet giant Tencent on Monday launched the website for what will likely be the country’s first ever private internet bank. China began a trial programme early this year that would allow five new private banks to be set up. >>

2 – China’s traditional lenders meet their match in internet banking

Success of the traditional players in the online battle will hinge on their ability to exploit the power of big data to understand client needs. >>

3 – 10 Ways Technology Will Change Banking in 2015

Leading financial services and tech execs say that in 2015, technology will change many things, from the way they hire personnel to the way they make loans to the way they package products. >>

4 – Africa : Innovation, Retail Lending to Drive Banking

With less focus on profitability, innovation and lending to retail customers are some of the activities expected to shape the banking sector in 2015. >>

5 – 12 success tips for startups in mobile payment and banking

The rapid adoption of mobile phones, their ease of use and multiple points of contact for transactions makes mobility a new opportunity for disruptive startups in mobile payments and banking. >>

Also worth reading:
(Video)Doing Business In Emerging Markets – Banking Sector
4 Chinese Internet Companies Betting On Mobile Banking
Banks Tapping New Potential in Asia