Industrial & Commercial Bank of China (ICBC) and online retailer JD.com have forged a partnership to offer digital banking services, via JD’s finance unit JD Finance.

Free Whitepaper

Never Trust, Always Verify: Is Zero Trust the Next Big Thing in Cybersecurity?

Cyberattacks continue to rise every year and no sector seems to be immune. Hackers target sensitive information such as organizational, client, and financial data, as well as intellectual property (IP) and proprietary functions. As digital transformation becomes a top priority for many organizations, traditional perimeter-based security models are no longer sufficient to address the growing cybersecurity concerns. Against the backdrop, enterprises explore zero trust as it takes a micro-level approach to authenticate and approve access at every point within a network. Reasons to read: The cybersecurity landscape is swiftly changing, and businesses need more awareness to meet the evolving change. The report highlights the current state of play and the future potential of the zero trust approach in cybersecurity to protect critical digital infrastructure of enterprises across sectors such as financial services, healthcare, telecom, and transportation, among others. Read our report and gather insights on the following topics:

Traditional vs zero trust protection
Key advantages and solution providers
Major industries and key players
Drivers and challenges
Top funded startups and Mergers & Acquisitions
Implementation challenges

By downloading this case study, you acknowledge that GlobalData may share your information with GlobalData and that your personal data will be used as described in their Privacy Policy Visit our Privacy Policy for more information about our services, how GlobalData may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Using the new digital platform, customers can request credit services such as proof-of-deposit slips through the online platform. The logistics division of JD.com will deliver the documents to the customer’s home.

Additionally, the new platform will allow users to open an account with ICBC and request certificates of deposit online.

Earlier, the banks customers had to visit physical branch offices to obtain such documents.

The partnership between ICBC and JD.com is the latest example of a bank teaming up with a technology firm in areas beyond e-commerce.

Earlier, the Agricultural Bank of China and Baidu as well as Bank of China and Tencent agreed to forge similar partnership for digital banking services.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData

Tick here to opt out of curated industry news, reports, and event updates from Retail Banker International.

Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

In March, Ant Financial Services Group, which owns online payment platform Alipay, announced a partnership with China Construction Bank.

Free Whitepaper

Never Trust, Always Verify: Is Zero Trust the Next Big Thing in Cybersecurity?

Traditional vs zero trust protection
Key advantages and solution providers
Major industries and key players
Drivers and challenges
Top funded startups and Mergers & Acquisitions
Implementation challenges

By GlobalData

Free Whitepaper

Never Trust, Always Verify: Is Zero Trust the Next Big Thing in Cybersecurity?

Go deeper with GlobalData

Digital Transformation in Banking - Thematic Research

Digital Banking - Thematic Research

Premium Insights

Thank you!

Not ready to buy yet? Download a free sample

Free Whitepaper

Never Trust, Always Verify: Is Zero Trust the Next Big Thing in Cybersecurity?

Digital Transformation in Banking - Thematic Research

Digital Banking - Thematic Research

Premium Insights

Sign up for our daily news round-up!

Sign up to the newsletter: In Brief

Free Whitepaper

Never Trust, Always Verify: Is Zero Trust the Next Big Thing in Cybersecurity?

Go deeper with GlobalData

Premium Insights

How well do you really know your competitors?

Thank you!

Not ready to buy yet? Download a free sample

Free Whitepaper

Never Trust, Always Verify: Is Zero Trust the Next Big Thing in Cybersecurity?

Sign up for our daily news round-up!

Go deeper with GlobalData

Premium Insights

Sign up for our daily news round-up!

Sign up to the newsletter: In Brief

I would also like to subscribe to:

Thank you for subscribing