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China Construction Bank Opens Up a Tech Only Branch
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China Construction Bank Opens Up a Tech Only Branch

China Construction Bank Opens Up a Tech Only Branch

Todd Anderson·
FintechNews Roundup
·Apr. 19, 2018·1 min read

China Construction Bank opened a branch in Shanghai only using technology; they have no human staff and instead use facial recognition, artificial intelligence and virtual reality to provide services; this is the first of its kind in China and the bank says it can handle 90 percent of transactions. Source.

  • Todd Anderson
    Todd Anderson

    Todd is the host of PitchIt: the fintech startups podcast, a weekly interview show featuring emerging fintech founders and leading venture capitalists. He is responsible for leading the content team which covers fintech through daily & weekly email newsletters, editorial, virtual events, and in-person conferences. He has been covering fintech, banking, and venture capital for more than 15 years, including speaking regularly at industry events.

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