China’s banking regulator imposed new restrictions on banks and financial institutions working with online microlenders including those led by Jack Ma’s...
Tag - China
PayPal Holding Inc has become the first foreign operator with 100 percent control of a payment platform in China, according to Chinese government data, as the...
Outgoing US president Donald Trump has signed an executive order banning transactions with ten Chinese apps, including behemoths Alipay and WeChat Pay. The...
The Peoples’ Bank of China (PBOC) has called on Ant Group to overhaul its business and accused it of ignoring regulatory issues in its practices. The Financial...
Western Union (NYSE: WU), a leader in cross-border, cross-currency money movement and payments, today announced continued expansion of its Global Network for...
In 2019 the fintechs finally managed to become the talk of the town. They expanded their reach, improved the lives of millions and finally this year they got...
Mark Zuckerberg says that a global payments system like Libra “needs to get built” and that the US risks ceding financial leadership to China if it...
China is further opening up its financial sectors to foreign investors by loosening regulatory requirements and lifting business restrictions on foreign banks...
Chinese multi-purpose messaging, social media and mobile payment company, Wechat and Pan-African payment company Wapi Pay has inked deal to connect 24 African...
Fintech is mainstream, according to a global survey from EY which finds that financial technology services are used by the majority of people in India...
