Pedestrians walk past an advertisement for Alipay Wallet and YuEbao, offshoots of Alibaba’s Ant Financial, at a metro station in Shanghai. Photo Imaginechina

Chinese fintechs overtake Western rivals in innovation

Joint study by EY and DBS bank says Chinese finance firms are creating ‘something quite different, that isn’t just a slightly better bank’

Topic |   Banking & Finance

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Pedestrians walk past an advertisement for Alipay Wallet and YuEbao, offshoots of Alibaba’s Ant Financial, at a metro station in Shanghai. Photo Imaginechina
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