Pushing its footprint even deeper into the Americas, Ant Financial’s Alipay — China’s leading payment provider and the primary means of online and mobile payment for Chinese consumers — announced news today (March 20) that it will be growing its presence in Mexico via a partnership with Openpay....
China is reportedly using its social credit system to prevent people who have committed crimes such as spreading fake news about terrorism or creating problems on flights from riding on transportation for as long as a year. Get the Full Story Complete the form to...
Indian Prime Minister Narendra Modi is in hot water after a photo surfaced of him with billionaire jeweler Nirav Modi, who is at the center of the biggest banking scandal in the country’s history. Get the Full Story Complete the form to unlock this article...
Qatar is asking U.S. regulators to look into the U.S. subsidiary of the largest bank in the United Arab Emirates, saying it has engaged in fake foreign exchange deals in an attempt to hurt Qatar’s economy. Get the Full Story Complete the form to unlock...
New rules loom in the European Union for tech giants like Apple, Amazon and Google, Reuters reported. 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...
Britain’s Financial Ombudsman Service (FOS) has been ordered to prove that the organization has thoroughly investigated customer complaints against banks. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
The head of South Korea’s financial watchdog, the Financial Supervisory Service (FSS), has resigned after questions have surfaces about hiring practices at his previous employer. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
While the European Banking Authority has created a “roadmap” on how to regulate emerging FinTech services, the body is not keen on creating a unified approach to cryptocurrency regulation — at least not yet, Reuters reported. Get the Full Story Complete the form to unlock...
China may not take a page, or several, from the U.K. when it comes to financial regulation. 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...