EasyTransfer, Tencent to provide online tuition payments for overseas Chinese students
EasyTransfer has teamed up with Tecent subsidiaries Tencent Financial Technology, and payment platform Tenpay to provide online tuition payments for…
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China to continue crackdown on fintech firms to curb monopolistic behaviour
China is reportedly planning to mount pressure on internet platforms in a bid to strengthen consumer privacy and data security.…
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China declares all crypto transactions illegal
The central bank of China has declared that all crypto transactions and services are illegal, widening its ban on virtual…
Chinese fintech XTransfer raises $138m in Series D
XTransfer, a Chinese fintech company that offers cross-border financial and risk management services, has secured new funding to fuel growth.…
China plans to split Alipay and create separate app for loan business
Chinese financial regulator is reportedly planning to break up payment app Alipay owned by Jack Ma’s Ant Group and to…
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Stripe expands payment alliance with China’s UnionPay
Irish-American digital payments firm Stripe has expanded its partnership with China’s UnionPay International, widening access for its customers to the…
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UnionPay International debuts contactless e-wallet in Tajikistan
UnionPay International (UPI) has debuted contactless e-wallet in Tajikistan, becoming the first brand to provide mobile contactless payment in the…
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China weighs use of digital yuan for cross-border payments
China, a participant in the global race to launch central bank digital currencies (CBDC), is reportedly moving ahead to explore…
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