Fintech summit and expo kicks off in SIP 　 Jointly sponsored by China Academy of Informationand Communications Technology (CAICT) and Suzhou Fintech Association, the 3rd ChinaFintech Industry Summit cum 2nd Sino-Singapore (Suzhou) Fintech Expo wasdesigned to provide a good opportunity for exchanges and partnering in thefintech sector.At the opening ceremony, a number oforganizations and companies including CAICT and Huawei signed agreement... [MORE] Jinji Lake CBD offers a good example for integration of financial services and technology With about 1,000 financial institutions, SIP’sJinji Lake CBD is seeing a fast development relying on well-integratedfinancial services and technology.In recent years, the CBD has introduced a largenumber of tech companies which have provided strong technical support for thefinancial service suppliers in the area. For example, employing facerecognition, cardless ATM and other advanced technologies... [MORE]     Banks set up laboratories in SIP for development of fintech During the event, several banks inaugurated theirlaboratories in SIP’s Jinji Lake CBD in the aim of facilitating fintechinnovation and application. Of them, China Bohai Bank inaugurated an eco-bankinnovation laboratory, while Rural Commercial Bank of Zhangjiagang, ChinaMinsheng Bank Suzhou Branch and China Merchants Bank Suzhou Branch inaugurated laboratoriesfocusing on fintech innovation.“SIP’... [MORE]     New projects to propel fintech development in SIP and Suzhou Many organizations and companies signedagreements at the event to jointly launch projects in SIP to promote fintechinnovation and application, while several others inaugurated new R&Dfacilities in SIP. This will drive improvement of SIP’s fintech industry chainand give Suzhou a leg up in developing into a major component of the fintechdevelopment and application network at the Yangtze River D... [MORE]