Tag: China
Report: ByteDance expands into payments with latest acquisition
Chinese company ByteDance has expanded into payments with the acquisition of UIPay, according to reports from Reuters.
The firm, which also owns popular short-form social...
HSBC accelerates global restructure to counter future threats and unknowns
HSBC, Europe’s largest high street bank and lender finds itself entrenched in multiple crossfires as it plans its covid recovery and further group transformations.
The...
Alipay enhances facilitating digitalisation of service providers
Alipay has mapped out new data on how it is facilitating the digitalization of service providers via digital coupons as they continue to resume...
American Express confirms joint-venture in mainland China
American Express has unveiled a joint-venture in mainland China, Express (Hangzhou) Technology Services Company Limited, which has received approval from the People’s Bank of...
TransferWise unites with Alipay for Chinese money transfers
TransferWise has unveiled a new collaboration with Alipay, as it seeks to provide its users with efficient and affordable international money transfers to China.
The...
Ingenico’s Mike Goodenough: PSD2 has ‘forced innovation’ since its introduction
Mike Goodenough, General Manager for the EMEA region at Ingenico ePayments, spoke to PaymentExpert about a range of subjects from entering the Chinese market...
Ant investment sees Klarna deepen relationship with Alibaba
Chinese tech giant Alibaba furthers its European presence, confirming that its investment unit Ant Financial has taken a ‘minority stake’ in Swedish retail payments...
Mastercard gains approval for Chinese entry
Mastercard has gained access to the lucrative Chinese market after it was given approval from the People’s Bank of China (PBOC).
It means the bank...
EMQ unveils money transfer gateway to China
Global financial network, EMQ has announced customers globally can make secure and reliable cross-border money transfers to their family or friends leveraging the company’s...
Alibaba strengthens Olympic partnership with technological evolution
Chinese technology and e-commerce giant Alibaba has announced that it aims to change the way television broadcasters, fans and organisers experience the Olympic Games...