Building strategic alliances in fintech development between China and Malaysia

FINANCIAL technology (fintech) refers to the adoption of technology to improve and support the delivery of services in the finance sector. Although fintech encompasses multiple finance horizontals, mobile payment (m-payment) is undeniably the largest segment in terms of transaction value and volume in most markets.

China is among the leading countries globally when it comes to the investment, development and adoption of new technologies, including fintech.