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FintechNews Roundup
·Oct. 25, 2017

General Secretary Xi Lays Out Vision for Tech Firms

In an address to the 19th CPC National Congress Xi called for bigger efforts to increase growth in internet based companies, big data and artificial intelligence; “We will make sure that our payment, wealth management and credit services can improve the welfare of the unbanked and underbanked population,” said Ant Financial CEO Eric Jing who was responding to another section of Xi’s speech which looks for the economy to better serve everyone. Source.

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Peer to Peer Lending
·Jul. 13, 2017

Smartphone Data is the Key to Expanding Access to Credit

The average American checks their phone 47 times a day according to this study by Deloitte. The number is much...
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