Posts Tagged ‘finance’

Countdown Looms For BTCC’s Bitcoin Trading End

As BTCC enters its final week of Bitcoin trading operations, all eyes are on how the impact of the shutdown …


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 …


Alipay Brings Chinese Money Services To Malaysian JV

CIMB Group Holdings Bhd, Malaysia’s second largest bank by asset scale, said that its subsidiary Touch n Go, in which …


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 …


China Development Bank Inks Tencent Fintech Deal

China Development Bank and Tencent signed a strategic cooperation agreement on “Internet plus” for development of finance services. The term …


Is P2P Lending Out Of Control In China?

Internet financeThe China Banking Regulatory Commission appears ready to issue new guidelines that will cap P2P lending and curtail some of …


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 …


Fintech In Asia Gains Momentum As Consolidation Continues Says FintekAsia.com

Dalian, China, May 9, 2016 /ChinaNewswire.com/ – Financial technology, e-commerce, and online payments are all booming industries in Asia, especially in the largest markets of China, India, and Japan. From startup fintech incubators in Hong Kong to e-commerce vendor aggregators in Mumbai to huge online payment services in Hangzhou, many banks, traditional industries, and Internet … Continue reading “Fintech In Asia Gains Momentum As Consolidation Continues Says FintekAsia.com”


Suguo Stores Begin Supporting Apple Pay In China

Apple PayJiangsu-based supermarket chain Suguo announced that its 1,500 owned stores in Jiangsu and Anhui provinces, covering shopping plazas, community stores, …


Who Just Invested In The Postal Savings Bank Of China?

The cadres running one of China’s top banks are seeking a bigger exit, as they just landed a huge investment. Postal Savings Bank of China sold shares to ten strategic investors, with a total financing scale of CNY45.1 billion. The ten investors include six international financial organizations: UBS, JPMorgan, DBS, Canada Pension Plan Investment Board, […]