China

American Asian supermarket chain adopts Alipay

Insights

29-Jun-18 One of the largest Asian supermarket chains in the United States, New York-based 99 Ranch Market, will soon begin accepting mobile payments via Alipay, a third-party mobile and online payment platform developed and owned by China-based Ant Financial. [image: Progressive Grocer]

In China - no-one has any money!

Insights

28-Jun-18 In China, everybody was still using cash. In 2016, China's mobile payments reached USD5.5 tn, roughly 50 times America's market. Mobile payments - mainly via WeChat - are now a default way of life. [image: Pulse LinkedIn]

Chinese facial recognition start-up Megvii makes push into Southeast Asia

Insights

25-Jun-18 Megvii, the Beijing-based facial recognition start-up whose technology has been used by police to arrest fugitives, is seeking to expand its presence in Southeast Asia as China bolsters its export of surveillance, security, and payment technology. [image: SCMP]

Asia rushes to a cashless society

Insights

22-Jun-18 E-payments are expanding across Asia at breakneck speed. Hong Kong, Singapore and predominantly China lead the way. Singapore’s education minister, Ong Ye Kung says already 80% of Singapore consumers use e-payments and nearly 60% merchants now accept e-payments. [image: finews.asia]

China tech giants tap into AI healthcare market

Insights

19-Jul-18 The People's Hospital of Nanshan District in Shenzhen has introduced "Tencent AIMIS", an AI medical imaging software that screens through each report and notifies the doctor if further inspection is needed or not. [image: Global Times]

American Asian supermarket chain adopts Alipay

In China - no-one has any money!

Chinese facial recognition start-up Megvii makes push into Southeast Asia

Asia rushes to a cashless society

China tech giants tap into AI healthcare market

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