In today’s top payments news around the world, China’s Ant Group is mulling the creation of a new consumer loan unit, while the British financial watchdog Financial Conduct Authority (FCA) warned that the pandemic could flatline financial services companies. Plus, Indian B2B eCommerce platform Udaan...
China’s Ant Group is mulling the creation of a new consumer loan unit that would allow it to continue making loans throughout the country while complying with new Chinese banking regulations. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Call it the latest salvo amid tensions between China and the United States that may heat up. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our...
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Chinese regulators want billionaire Jack Ma to share consumer-credit data collected from his financial technology company Ant Group, which he’s largely resisted doing for years, The Wall Street Journal (WSJ) reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
After a short period of time in which Alibaba Founder Jack Ma’s whereabouts were unknown, CNBC has reported that Ma is not missing Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
In today’s top payments news around the world, India’s social networking platform ShareChat is said to be close to finishing a Series E funding round led by Google and Snap, while Indonesia’s ride-hailing and payments platform Gojek is reportedly in talks with Tokopedia for a...
The eCommerce billionaire Jack Ma has been in the eye of the storm as China’s regulators have flexed their muscles and taken on FinTech companies. However, Alibaba Group Founder Ma has retreated from the public eye. Get the Full Story Complete the form to unlock...
It’s been more than four years since India instituted its most recent demonetization policies. We’re a long away from the fall of 2016, when the administration under Prime Minister Narendra Modi announced the economic policy where 500 and 1,000 rupee notes would be demonetized. Get...