Shares of U.S.- Listed Chinese Online MicroLenders Waver After Regulatory Crack Down
Chinese law makers suspended regulatory approval for new micro-lenders in the region on Tuesday, as well as restricted new approvals, ...
Tag: Chinese fintechs
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 ...
Chinese Tourism May Bring QR Codes Mainstream in the U.S., U.K.
EXCLUSIVE— Will the popularity of the QR code in China eventually make its way to the United States, the United ...
Japanese Consortium of Banks to Create Digital Currency ‘J Coin’
Japanese banks are planning to create a national digital currency for the nation, known as “J Coin,” that will be ...
Australia is the Next Largest Market for Alternative Lending, KPMG Says
Australia has become the second largest market for alternative lending due to the country’s favorable regulations for lenders. This is ...
Alipay Moves to Sweden, Finland
Leading Chinese mobile payment service, Alipay, is expanding its platform to the Nordic region for use of Chinese tourists, the ...
China Closes Bitcoin Exchanges as Prices Continue to Fall
The price of bitcoin continues to teeter today, with the cryptocurrency having lost a third of its value in the ...
China’s Latest Ban Threatens All Cryptocurrencies
The price of bitcoin is down following a report that China may ban all cryptocurrency exchanges within its borders. On ...
China Rapid Finance Is Expecting to Add 3M New Borrowers by End of 2017
EXCLUSIVE — Shanghai-based online lender China Rapid Finance reported a 240% growth in consumer loan volume year-over-year and is expecting ...
The Key to Payments in China? Transparency, Geoswift Says
EXCLUSIVE—Moving money in and out of China can be a struggle even for Chinese companies, as the country’s financial regulations ...
