(source: en.wikipedia.org)
Alipay and WeChat Pay are giving state-owned bank card clearinghouse UnionPay even more access to their mobile payment ecosystems as China continues to push Big...
In this week’s news, we saw retail subscriptions at risk when the COVID-19 pandemic ends, while Apple finally closed a longstanding security loophole. The Weekender...
When companies are refashioned not by competitive forces but by government fiat, the ripple effects can be broad — and, for at least some stakeholders,...
Beijing is angling to break up the super-app Alipay in order to make a new app for the company’s 1 billion-plus-user loans business, a Financial...
The People’s Bank of China wants Ant Group and Tencent Holdings Ltd., which operate payment networks Alipay and WeChat Pay, respectively, to help it develop...
The People’s Bank of China is warning big technology companies in the country that they will be subject to the same antitrust scrutiny and measures...
In China, the rise of the super app may face headwinds. Or think of it this way: If a super app is a chain of...
Chinese regulators forced Tencent’s WeChat messaging service and Ant Group’s Alipay to remove Didi from its app interface and rendered Didi no longer searchable in...
In today’s top news, China’s digital yuan trials have been expanded to Alipay users, and the U.S. Department of Justice is investigating how several FinTechs, such as...