With Wirecard, UnionPay takes aim at Visa, Mastercard
China's UnionPay, the world's largest card issuer with 57.6% of the world's payment cards in circulation, has global ambitions. Its ...
Tag: China
Verrency, Coinify team up to enable crypto payments through banks
Payments provider Verrency and virtual currency platform Coinify are partnering to enable customers to carry out digital currency payments through ...
Have a Credit Card? You’re Among China’s Fortunate: Shuli Ren
Owning a credit card can seem like a rite of passage in the U.S., where even a college student with ...
Dimon Says JPMorgan Inspired, Worried by China Fintech Progress
Jamie Dimon recently sent some of his executives to China to scope out the competition in the financial-technology race. They ...
China’s Tremendous E-Commerce Growth Leads to Spike in Mobile Payments
It’s no secret that China's e-commerce scene is huge and growing, with players like Baidu, Alibaba and Tencent. By extension, ...
China’s Central Bank Cracks Down on Major Payment Platforms
The People’s Bank of China (PBOC) will require payment platforms to allocate as much as 50% of their total client ...
Number of Chinese Mobile Payments Approaches 1 Trillion
Mobile payments have been a major trend in 2017, especially for China. This comes as no surprise, with China's expanding ...
Crypto Exchange Poloniex Offers (Much) Larger Withdrawals After Verification
EXCLUSIVE - Cryptocurrency exchange, Poloniex is imposing a verification process on all its account holders, but is also providing a great ...
Alipay Follows Chinese Tourists to Vietnam
EXCLUSIVE- One day after announcing its best “Singles Day” shopping event sales figures yet, Chinese mobile payment app Alipay said ...
China to Remove Foreign Ownership Limits on Banks
China will move to an open market for financial services, allowing international financial firms to have more access into the ...
