As regulators circle, China’s fintech giants put the emphasis on tech – Ant and Tencent

FOR those still trying to work out what exactly “fintech” involves, we are sorry to bring you this update from China, a world leader in mixing finance with technology. Fintech is passé; the hot new thing is “techfin”. This ungainly portmanteau was coined by Jack Ma, the chairman of Alibaba, an ecommerce giant, who announced on September 10th that he plans to step down in … https://econ.st/2N3yqDi

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