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Bank of Communications has developed a complete one-stop supply chain management and financing platform that focuses on payment settlement, trade financing and value-added services.

Bank of China remains the most global of Chinese banks when it comes to trade finance. It offers clients a large global network for renminbi exchange and clearing through more than 110 offshore branches. The bank has invested in building out a substantial global IT network that offers clients the ability to manage cash and seek trade financing globally.

China Merchants Bank is so serious about improving its customer experience that its transaction banking division recently set up a specialist unit, employing 10 people to research client interactions, both online and offline. The team is using the research results to improve the bank’s service interfaces, both online and offline, as well as to help its biggest clients to tailor-make and build entire e-banking services.

Mobile banking is the new battleground for digitalization of corporate banking business. Since the launch of the China Guangfa mobile banking app a few years ago, the bank has received positive feedback from customers.

Every year, senior managers at China Merchants Bank oversee a competition that pits top financial technology teams against each other to invent applications that help corporate clients with functions ranging from handling salary payments more efficiently to sorting out payment invoices.

Executives at Guangzhou-based China Guangfa Bank know full well that those banks that offer the best product suites and customer services are the only ones that can compete effectively in the 21st century.

Competition in the Chinese mobile banking market, whether for corporate or retail clients, is fierce. But China Merchants Bank’s CMB Corporate App stands out because of the sheer number of clients it serves, as well as its wide array of functions.

In recent years, China’s online financial services industry has welcomed a handful of ambitious newcomers, including Ping An Bank’s One Connect and Alibaba Cloud Financial Services Solutions. But Hundsun Technologies, a pioneer in the field, has managed to maintain its leading position as a technology partner to banks.

Known as Gongyinju, Industrial and Commercial Bank of China’s homegrown e-commerce platform is widely used among the bank’s corporate clients. Over the last five years, ICBC has built and adapted Gongyinju for 204 large and medium-sized enterprises, creating a system that gathers more than 90,000 associated upstream and downstream small and micro-enterprises. The platform has helped these enterprises to handle close to 11 million online orders, altogether worth Rmb1.4 trillion ($203 billion), and resulting in Rmb1.54 trillion in total settled transactions.

All Chinese banks are keen to adopt financial technologies, but none has taken the mission to heart as much as China Merchants Bank. Since about 2014, executives at the bank have repeatedly said that the bank’s goal is to become a financial technology bank. Last year, the bank put that promise on paper. In October, the bank amended its Articles of Association to include specific amounts of fintech spending – the first Chinese commercial bank to do such a thing.

The mobile-savvy customer is king at United Bank Limited. Having created Pakistan’s top banking app following a radical digital revamp, the bank now leads adoption of cutting edge tech, such as AI and machine learning, to create services that fit seamlessly into digitally literate people’s lives.