BEIJING, Sept. 27 (Xinhua) -- Shanghai Pudong Development Bank (SPD Bank) inked a comprehensive strategic cooperation agreement with Ant Group last Friday in a bid to estbalish an open fintech platform.
According to the agreement, the two sides, each as the other's important partner on "Internet+Fintech", aim to create a model on fintech featuring in win-win result, strong aliance and complementary advantages.
The two sides will integrate resources in digital banking, wealth management, blockchain, and multi-party secure computing, innovate business models, and further give full play to their respective advantages in scenarios and businesses.
Meanwhile, they will work together to accelerate the application of digitalization in inclusive finance, and continuously improve risk control capabilities, in a bid to better serve the real economy. (Edited by Zhang Yuan with Xinhua Silk Road, zhangyuan11@xinhua.org)
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