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Tencent plans to build “ecosystems” and SaaS solutions for financial institutions

Tencent is working on developing an “ecosystem” that will benefit both individuals and financial institutions including private banks, Daniel Hong, deputy general manager of Tencent Financial Technology, tells Asian Private Banker. “What’s in the pipeline for Tencent Fintech? In general, we aim to build an ecosystem benefiting both individual users and financial institutions,” Hong said. “Within such [an] ecosystem, we…

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