Latest Insight
- Partior closes its Series B round having raised US$80 million
- Why is Cambodia cracking down on crypto?
- YouTrip is confident about its prospects
- Why does North Korea steal so much crypto?
- Why China and India are still wary of stablecoins
- Revolut still wants to go big
- Project mBridge faces an uncertain future
- Siam Commercial Bank accelerates digital finance push
- Why is Viva Republica leaning towards an IPO in the U.S.?
- What Klarna filing for an IPO says about BNPL
Latest Reports
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Beyond Swipe and Tap: Rewriting the Rules
The roundtable discussion at Japan FinTech Festival brought together leading experts from banking, fintech, technology and regulatory backgrounds to explore the current state and future potential of account-to-account (A2A) payments in Japan. The wide-ranging discussion surfaced several key insights and themes that will shape the trajectory of A2A in the… Breaking Borders
Despite progress in payment systems, the absence of a unified, cross-border Real-Time Payments (RTP) network means that intermediaries play a crucial role in facilitating connectivity. This report examines the ongoing complexities, challenges, and initiatives in creating a seamless payment landscape across Asia. Innovate to Elevate
In the dynamic and diverse financial landscape of the Asia-Pacific (APAC) region, banks are at a pivotal juncture, facing the twin imperatives of innovation and resilience to meet evolving consumer expectations and navigate digital disruption.
Press Release
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Kapronasia's Research Director, Josef Jelinek, Invited as Panel Speaker at Sibos 2024
Sibos, organized by SWIFT and held annually, is a premier event for global financial services professionals, offering a platform for thought leadership and networking. At this year’s conference, Josef Jelinek, Director of Research, participated in a Swift Innotribe panel on "The Future of Financial Inclusion: A View from APAC."
Mr. Li Xiaofeng, head of PBoC Financial IC Card Panel, believes that Chinese payment providers will not play a major role in payments in China's financial industry. “From the scale and channel perspective, Central Bank and commercial banks remain the main payment providers.”
Although Alibaba was in the first round of initial approvals to setup a private bank in China earlier this year, it was only at the end of September 2014 that they finally received approval to move forward on the project along with Juneyao, another large Chinese company who is also looking to setup their own bank.
In the wake of the largest IPO in the U.S., there has been increased attention on China's innovation and its potential disruptive nature on global banking and e-commerce. Yue bao's future strategy is in the spotlight once again.
Tokenization seems have become a buzzword since the Apple Pay announcement. However, the technology itself is not new.
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?
China's online banking and mobile banking continue to be the key channels for customers who interact with their banks through 'e-channels' as data from iResearch, a Chinese online customer survey service provider, shows.
Beating Apple by nearing a week, on September 2nd, 2014, Alipay and Huawei announced the launch of their fingerprint payment service. The technology will be first shipped on Huawei’s Ascend Mate 7 phone, which was presented by the electronics giant on September 3rd.
With Alibaba in the US for a one-week road show before what might be the biggest tech IPO that we've ever seen, Alibaba's competitors are battening down the hatches for an extended battle for the face of e-commerce in China.
According to Online Lending House, an internet finance news source, P2P transaction volume has reached RMB 81.84 Billion in 1H2014. The most active regions are Guangdong, Zhejiang, Shanghai, Beijing and Jiangsu.
On July 25th, Shang Fulin, the chairman of CBRC, disclosed three private banks that had been approved by the CBRC. Hua Rui Bank, planned to be set up by Fosun and Juneyao, was not on the list. Later the Shanghai branch of CBRC revealed that the Fosun and Juneyao partnership had broken up.
More...
Kapronasia's new report entitle "China Moving Abroad - A look at the legal...and not so legal ways Chinese nationals are moving their money abroad" is now available for download on Kapronasia.com. To view and download the report, please go to our research section here.
Earlier this year, we published our 2014 “Top-10 China Banking Industry Trends” report and predicted the advent of direct banks. We were right: in a month Minsheng Bank rolls out its Chinese direct banking institution.
QR code payment in China, suspended by PBOC on March 14th, 2014, have just been restarted by the Postal Savings Bank of China.
On July 22nd, 2014, Alibaba teamed up with seven banks including ICBC, CCB, CMB, Ping An Bank, Postal Savings Bank of China, Bank of Shanghai and Industrial Bank to roll out new internet business loan service.
China has been going through rapid urbanization during last decades and in the past ten years alone the percentage of population residing in cities has leapt from 40.5% in 2003 to 53.75% in 2013.