Chinese eCommerce giant JD.com said on Wednesday (March 31) that it had officially sold its JD Cloud and artificial intelligence (AI) business to its FinTech...
In today’s top payments news around the world, Afterpay has introduced a virtual card offering, while the pandemic has dramatically heightened dependence on real-time and...
Private, yes. Anonymous, no. In the race to bring central bank digital currencies (CBDCs) into the mainstream, key questions revolve around how they will be...
The list of western brands that have been boycotted, blocked or erased from Chinese social media and mapping software continued to grow on Friday (March...
In today’s top payments news around the world, PPRO upped its latest funding round to $270 million, while Sequoia Capital India’s Surge accelerator announced that...
China has proposed global rules for how central bank digital currencies (CBDCs) should operate, Reuters reported. The rules deal with issues such as CBDC use,...
China’s central bank said that its planned digital yuan will not displace the payment services of the country’s big FinTech companies, including Ant Group’s Alipay...
Tencent doesn’t expect a serious impact to its business if it folds its FinTech business into a financial holding company as recommended by regulators, Bloomberg...
Chinese firms are looking to pull initial public offerings (IPOs) after regulators have moved to strengthen requirements to safeguard investors and protect financial stability, Bloomberg...