Tag: China
Chinese property market has potential to elevate digital currency turbulence
Developments in the Chinese market, specifically surrounding the potential fall of the region’s second-biggest property developer, Evergrande, has led to significant turbulence in the...
Worldline Digital: Why China is a rising ecommerce powerhouse
Raymond Cui, Head of Marketplaces at Worldline Digital Commerce, writes for PaymentExpert on the growing ecommerce marketplace in China.One of the few countries to...
Republican politicians cite data concerns in warning over use of Chinese...
A group of Republican politicians have warned against the use of China’s digital currency at the upcoming Beijing Winter Olympics. Senators Marsha Blackburn, Roger Wicker,...
PayPal affirms commitment to cross border payments with new acquisition
PayPal has commenced the year by becoming the first foreign operator to take full control of a payment firm in China.Following on from its...
Fingerprints continues growth passing security test from BCTC in China
Strengthening its growth, Fingerprint Cards AB’s recently announced second-generation T-Shape sensor module and software platform for payments, FPC-BEP, have passed the accuracy and security...
Deutsche Bank approved for China’s Safe foreign currency payments pilot scheme
Deutsche Bank has become the first European bank to be approved for the State Administration of Foreign Exchange (SAFE)’s Pilot Scheme for Facilitation of...
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...
