China’s ‘big five’ state banks have all formed alliances with technology companies such as Ant Financial. Photo: Imaginechina

China's bricks-and-mortar state bank looks to Alipay for help to embrace fintech

Alibaba affiliate will help lender with cloud computing, mobile payments and artificial intelligence-driven applications

Topic |   Fintech

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China’s ‘big five’ state banks have all formed alliances with technology companies such as Ant Financial. Photo: Imaginechina
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