Business Wire

“The Story of New Finance in China(II)” Dives into Latest Innovative Financial Technologies

Share

"The Story of New Finance in China (II)" is a video series on YouTube that explains the latest innovative technologies and how they affect financial institutions in China. The series goes over a variety of financial technologies (called FinTech, for short) including artificial intelligence (AI), cloud computing, blockchain, robotics, big data, and satellite remote sensing.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210831005376/en/

“The Story of New Finance in China” was created to share information on the development of China's financial system reform with government leaders, enterprises, institutions, and the public. These videos are also offered as a tool for economies around the world that are seeking financial reform, as well.

These videos explain how innovative FinTech including AI, cloud computing, blockchain, and big data has accelerated the application of contactless transactions, allowed financial institutions throughout China to offer more accessible financial services to small and medium enterprises, and more.

Each video in the series has a unique theme:

Video 1: Artificial Intelligence Boosts New Finance Technology

China's financial institutions are realizing that AI can offer personalized services as well as – or better than – humans can. The first video encompasses FinTech and how it is launching China into the future.

Video 2: SME Loans Use Technology to Innovate Financial Services

WeBank is the first online-only bank in China. WeBank’s SME Loans integrate the ABCDs of financial technology (artificial intelligence, blockchain, cloud computing, and big data) to serve small and medium enterprises.

Video 3: The Emergence of Contactless Loans

With WeBank and innovative FinTech, China can now offer contactless loans – loans that can be applied for and received through the internet. Enterprises that are operating in uncertain environments or have been affected by COVID-19 find this tool to be invaluable.

Video 4: Zheshang Bank Applies Blockchain Innovative Financial Services

Zheshang Bank uses blockchain technology and the Internet of Things (IoT) to protect financial and personal data that is shared among platforms.

Video 5: Small and Medium Enterprises in Zhejiang Province, China No Longer Have Difficulty in Financing

Zhejiang Province's financial service platform has improved the quality, accessibility, and efficiency of financial services to small and medium enterprise owners.

To watch the second season of “The Story of New Finance in China”, please visit on YouTube.

To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.

Contact information

Chuang Ling
TEL:+86-21-6139-8088
info_cn@linguitronics.com

About Business Wire

Business Wire
Business Wire
24 Martin Lane
EC4R 0DR London

+44 20 7626 1982http://www.businesswire.co.uk

(c) 2018 Business Wire, Inc., All rights reserved.

Business Wire, a Berkshire Hathaway company, is the global leader in multiplatform press release distribution.

Subscribe to releases from Business Wire

Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from Business Wire

Samsung Electronics Begins Industry's First Mass Production of 9th-Gen V-NAND23.4.2024 10:43:00 CEST | Press release

Samsung Electronics Co., Ltd., the world leader in advanced memory technology, today announced that it has begun mass production for its one-terabit (Tb) triple-level cell (TLC) 9th-generation vertical NAND (V-NAND), solidifying its leadership in the NAND flash market. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240423850376/en/ Samsung Electronics Begins Industry’s First Mass Production of 9th-Gen V-NAND (Photo: Business Wire) “We are excited to deliver the industry’s first 9th-gen V-NAND, which will bring future applications leaps forward. In order to address the evolving needs for NAND flash solutions, Samsung has pushed the boundaries in cell architecture and operational scheme for our next-generation product,” said SungHoi Hur, Head of Flash Product & Technology of the Memory Business at Samsung Electronics. “Through our latest V-NAND, Samsung will continue to set the trend for the high-performance, high-density soli

Shippeo Spring Platform Release Reveals All-new Parcel Tracking, Advanced Carbon Emissions Monitoring Features, and Enhanced Container Tracking Data Quality23.4.2024 10:39:00 CEST | Press release

Shippeo, a leading provider of multimodal shipment visibility, announced today their Spring 2024 Platform release, introducing over 70 new features and enhancements, including a new parcel tracking solution rebuilt from the ground up, as well as improvements to road, ocean container, and carbon emissions tracking, along with significant user experience improvements. “I’m thrilled to announce that our latest Spring platform release is available to customers from today,” says Chief Product Officer, Anand Medepalli. “Our entirely rebuilt parcel tracking solution that we’re releasing today is market-leading. Reengineered from the ground up, Parcel Visibility offers enhanced scalability to support our continued expansion into North America and APAC, where we are seeing significant appetite for a simpler, more convenient tool that delivers the high data quality and reliability that shippers and freight forwarders demand in this rapidly changing and competitive market. In addition, we’re taki

The 2024 Japan Prize Award Ceremony Is Held with Their Majesties the Emperor and Empress of Japan in Attendance23.4.2024 09:31:00 CEST | Press release

The Japan Prize Foundation (President: Hiroshi Komiyama) held an award ceremony on Tuesday, April 16 at the Imperial Hotel Tokyo in Tokyo's Chiyoda Ward to confer the Japan Prize on scientists who have made creative and dramatic achievements in the global scientific and technological fields and who have contributed significantly to realizing peace and prosperity for all humanity. Prof. Sir Brian J. Hoskins (UK) and Prof. John Michael Wallace (USA), the winners in the field of Resources, Energy, the Environment, and Social Infrastructure, and Prof. Ronald M. Evans (USA), the winner in the field of Medical Science and Pharmaceutical Science, were in attendance at the award ceremony, and each field was awarded 100 million Yen together with a certificate and a medal. Each year, the winners of the Japan prize are recommended by approximately 15,500 prominent scientists and engineers from around the world, and decided by a rigorous examination taking about 1 year. For 2024, The Foundation re

FPT to Shape the Future of AI and Cloud on a Global Scale in Collaboration with NVIDIA23.4.2024 09:22:00 CEST | Press release

Global leading IT firm FPT today announced a comprehensive strategic partnership with NVIDIA, aiming to offer a one-stop shop for AI & Cloud consisting of AI products, GPU infrastructure, tech experts, and domain expertise for clients in Vietnam and all FPT’s presence areas. This endeavor will be attained by establishing AI factories for AI research and development in the region, expanding advanced AI and cloud capabilities on a global scale, and fostering a future-ready workforce in technology. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240422007290/en/ The MoU signing ceremony took place in Hanoi, Vietnam, with the participation of FPT and NVIDIA senior executives (Photo: Business Wire) FPT plans to invest USD 200 million in building an AI factory that will serve as a sovereign cloud. These will feature NVIDIA’s latest technologies, including NVIDIA AI Enterprise software and frameworks and NVIDIA H100 Tensor Core GPUs

Peking University Emerges Victorious in 2024 ASC Student Supercomputer Challenge Finals23.4.2024 09:02:00 CEST | Press release

On April 13, 2024, the 2024 ASC Student Supercomputer Challenge (ASC24) Finals drew to a close at Shanghai University after five days of intense competition. Peking University emerged as the undisputed overall champion, securing their place in ASC Student Supercomputer Challenge history. After ASC24 registration opened on November 16, 2023, over 300 teams from universities participated in the intense preliminary contests. As a result, the absolute best 25 teams ascended to the finals hosted at Shanghai University from April 9 to 13, 2024. This marked a groundbreaking moment in ASC history, with the highest number of teams ever qualifying for onsite finals since the competition's inception in 2012. During the finals, teams showcased their skills by designing and building cluster systems capped at a maximum power consumption of 3,000 W. They tackled a lineup of cutting-edge scientific and engineering applications, including HPL and HPCG benchmarks, Large Language Model (LLM), OpenCAEPoro

HiddenA line styled icon from Orion Icon Library.Eye