The Cyberspace Administration of China is considering a revamping of internet oversight regulations, rules that have not been updated in more than 20 years, according to a Reuters report on Friday (Jan. 8). Get the Full Story Complete the form to unlock this article and...
The U.S. is doing away with a program to levy tariffs on $1.3 billion of French goods as retaliation for that country’s revenue tax on Big Tech companies, Bloomberg reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
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...