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Chinese Banking Association Calls for “Comprehensive Strengthening” of Data Capabilities, Development of Fintech Expertise

January 11, 2022
Source: chinabankingnews.com chinabankingnews.com
News Snapshot:
The peak body for the Chinese banking sector has called for financial institutions in China to dramatically strengthen their data processing capabilities as well as their fintech staff teams. “In the era of the digital economy, comprehensive strengthening of data capabilities is a necessity,” said Liu Feng (??), chief secretary for the Chinese Banking Association (CBA), on 9 January at the 6th New Finance Forum (?6??????). “The importance of data processing as a fundamental form of work has become even more pronounced.” Liu called for banking sector financial institutions to “strengthen data asset concepts, deepen the application of data resources,...
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Tags: bank | banking | China | Chinese | data | development | digital | Economy | finance | financial | fintech | forum | management | privacy | production | Security | staff | talent | technology

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