PBOC governor says 4 million transactions so far in digital yuan
Yi Gang, governor of the People’s Bank of China, said a pilot program on the rollout of a digital currency...
Visa $5.3 billion Plaid deal triggers DOJ antitrust worries
Visa Inc.’s $5.3 billion acquisition of Plaid Inc. has raised competition concerns at the U.S. Justice Department, which is nearing...
Jack Ma’s Ant set to raise $35 billion in biggest-ever IPO
Jack Ma’s Ant Group Co. is set to raise about $34.5 billion through initial public offerings in Shanghai and Hong...
Jack Ma blasts global financial regulators’ curbs on innovation
Alibaba Group founder Jack Ma criticized global financial regulations for stifling innovation and urged China to seek a system that...
U.S. explores restrictions on Ant Group, Tencent payment systems
The Trump administration is exploring restrictions on billionaire Jack Ma’s Ant Group as well as Tencent Holdings Ltd. over concerns...
Nexi said to eye Denmark’s Nets in new blockbuster payments play
Nexi SpA is already hunting for its next target after agreeing a milestone payments merger with Italian rival SIA SpA,...
Goldman shakes up units in fresh push to win over investors
Goldman Sachs Group Inc. shuffled its business lines and announced a raft of management changes, carving out new divisions aligned...
Billionaire-backed Argentine fintech Ualá launches in Mexico
Argentina’s Ualá, the mobile payments startup backed by heavyweight billionaire investors George Soros and Steve Cohen, is launching its prepaid...
Apple may face EU rules to open up payment technology
The European Union is weighing legislation that could force Apple Inc. to open iPhone payment technology to competitors. The potential...
Apple would have to share payment tech under rules mulled by EU
The European Union is considering new rules that would likely require Apple Inc. to give competitors access to payments technology...
