Posts Tagged ‘credit card’

Huawei Teams With WorldRemit To Offer Mobile Payments In Africa

Chinese telecom device maker Huawei and digital transfer services provider WorldRemit reached a deal to offer international transfer services to …


U.S. Payments Start-up Teams With Alipay, WeChat To Reach Chinese Consumers

Silicon Valley start-up company Stripe has reached deals with Chinese digital payment service providers Alipay and WeChat payment to enable …


Here’s Where You Can Use Apple Pay In Hong Kong

Apple Pay Hong KongHong Kong consumers who have long relied on the contactless Octopus payment service now have an alternative. Apple Pay launched …


Samsung Links Online Payments With China’s Alipay

Samsung paymentSamsung’s payment service Samsung Pay and Alibaba’s payment service Alipay announced an interoperability deal that allows users to complete payments …


Most Chinese Still Don’t Use Mobiles For Online Financial Info

Internet financeFintech companies hoping to capture share in China’s booming mobile market still need to focus on traditional computing. About 80% …


VTech Data Breach Highlights IoT Failings

VTech Holdings Limited, the Hong Kong maker of baby monitors and electronic toys, announced that its customer database was hacked two weeks ago. The company says an unauthorized party accessed VTech customer data housed in its Learning Lodge app store database on November 14, 2015. Learning Lodge gives its customers the ability to download apps, […]


PBOC Halts Virtual Credit Cards And Mobile Payments In China

The People’s Bank of China has issued an emergency alert to stop the use of virtual credit card products as well as two-dimensional code payments that are often used with mobile devices. Chinese Internet companies like Alipay and Tencent previously launched such services. However, neither company has given any comment on the situation. The emergency […]


Alipay.com Teams With Chinese Banks For Convenient Internet Payments

Alipay.com, the Internet payment subsidiary of the Chinese e-commerce group Alibaba, has announced that it has launched a new convenient Internet payment service. The online payment company is cooperating with ten banks, including Bank of China, Industrial and Commercial Bank of China, China Construction Bank, Agricultural Bank of China, Ping’an Bank, Bank of Beijing, Shanghai […]


Alibaba Plans To Open Physical Banks In China

Rumors on the Internet revealed that the Chinese B2B e-commerce group Alibaba has set up a commercial bank subsidiary, which has gained the approvals of the People’s Bank of China and China Banking Regulatory Commission. The new subsidiary is reportedly jointly invested by Alibaba Group, the people’s government of Zhejiang, Softbank, and CDH Investments. Jack […]


Card Fraud: IBM Employee Information Disclosed By Supplier In China

According to South Metropolitan Daily newspaper, the personal data of more than 1000 employees of IBM Shenzhen has been disclosed and used to apply for credit cards.
Employees of IBM Shenzhen found that their personal information had been disclosed and this data was used to apply for credit cards without their knowledge with a Bank of […]