Tag: China
China to secure digital future, Mastercard CEO says
Mastercard CEO Ajay Banga shared how the proliferation of connected devices has opened the door for China to upgrade its cybersecurity. Read more: www.pymnts.com
Air China and Ingenico accept Discover
Ingenico ePayments today announced it has signed an agreement with Air China. Read more: www.finextra.com
CreditEase’s FinTech fund unveils three new US investments
The fund counts more than $1bn in total committed capital and aims to back growth-stage companies in China as well as global markets. Read more: www.fintechroundup.com
Chinese bank union to tackle receipt forgery with blockchain
Eight Chinese banks have teamed up with blockchain research startup Shenzhen Blockchain Financial Services. Read more: www.coindesk.com
China’s CredEX FinTech lending app surges past $4.3bn mark
China-based CredEX Fintech says its mobile lending app’s total credit extended has exceeded CNY 30bn. Read more: www.bankingtech.com
Euronet makes $1bn bid to take MoneyGram from Ant Financial
A bidding war seems on the cards over remittances service MoneyGram as Euronet Worldwide attempts to swoop in on Ant Financial’s $880m acquisition. Read more: www.fintechroundup.com
PBoC: Bitcoin exchanges ‘can’t work without regulations’
The director of the PBoC has shared his views circulating Bitcoin after the country’s central bank’s recent regulatory inspections on bitcoin exchanges. Read more: www.cryptocoinsnews.com
Didi rumoured to gain payment license through 19Pay
The spending spree of Chinese internet giants on payment companies continues this week. Read more: www.e27.co
A look at the state of Chinese P2P lending industry
China's P2P lending industry has been dogged by controversy, but companies manage to raise huge rounds. Read more: www.e27.co
Chinese FinTechs link supply chain financiers via blockchain
Supplier financing company FnConn and marketplace lending platform Dianrong have announced the launch of Chained Finance. Read more: www.pymnts.com