Zennon Kapron Founder at Kapronasia
The launch of Apple Pay will likely have a profound impact on the payments industry in the US and potentially Europe, but what does it mean for China? A big bite or a small one? After Apple's launch annoucement of Apple Pay in early September, speculation was rife as to what the business model would look like and how Apple and the other players in ...
18 September 2014 Future Finance
Seven months after the PBOC's crackdown on bitcoin exchanges in China and we're seeing a resurgence in talk about what Chinese bitcoin exchanges are doing and where they are going. While accusations of falsifying trading data and questions about bitcoin's future in China still abound, China's bitcoin exchanges want to move on and forget the past, ...
24 July 2014
For decades, China has been known as the imitator and not the innovator. The argument goes that the West came up with social networking, mobile payments, group-buying, etc. and China imitated it, sometimes better, sometimes worse. C2C – copy to China. R&D – rob and duplicate. There are numerous terms to describe it. After living in China for ...
16 January 2014 Future Finance
The Shanghai Stock Exchange has been in the doldrums for the past couple of years and was the worst performing Asian exchange of 2013. Dismal performance and increasing questions about the transparency and 'fairness' of the mainland's largest market, have virtually erased the optimism that drove the market to record setting heights in the early 20...
10 January 2014 Asia Financial Services
Over the past week, Robocoin Technologies announced they were expanding their Bitcoin ATM offering into Asia with planned ATM installs in Taiwan and Hong Kong. If you're not familiar with the Bitcoin ATM offering from Robocoin, it is one of the first Bitcoin ATM/Kiosks in the world and is 'cash-only' insofar that it is not connected into a bank net...
09 January 2014 Asia Financial Services
On November 27, 2013, the Ali-cloud division of Alibaba group announced the launch of Ali Financial Cloud services. Background Ali financial cloud services has been developed to provide secure and stable IT resources and internet operation services for financial institutions including banks, funds, insurance companies and securities companies. The ...
31 December 2013 Future Finance
It sounds trite if you’ve read my other posts on Bitcoin in China, but ‘wow! What a week it has been for Bitcoin in China’. With the PBOC effectively cutting off (legal) funding of accounts on exchange platforms, is there a future for the currency in China? Been here before Despite all the speculation (including our own), the result of the last wee...
23 December 2013 Future Finance
After 18 years of economic development, China’s Tier 2 Banks, mainly city commercial banks, are growing to fill a gap in-between state-owned banks, and rural commercial banks. As part of their growth, many city commercial banks are attempting to expand their branches in other regions, however, the Chinese Banking Regulatory Committee (CBRC) regula...
14 December 2013 Future Finance
With a wide range of channel choices for retail customers, banks need to be aware of the usage and preferences for each channel which can vary for multiple reasons including the purpose of the transaction, complexity and where the person is from. On the digital channel, customers usually require a fast and convenient service such as simple transact...
04 December 2013 Future Finance
From purchasing property with Bitcoins, to the world’s largest Bitcoin exchange, to incredible mining operations, China over the past few months has become the largest Bitcoin market in the world and a key part of the Bitcoin story. Just over a week ago we heard from the US government. While not giving a complete answer on the growing virtual curre...
26 November 2013 Future Finance
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