The Chinese government’s previously announced antitrust investigation of Alibaba Group Holding Ltd. is focusing on whether the internet giant refused access to its online marketplace...
In today’s top payments news around the world, China’s State Council reportedly said that small and micro-sized firms can defer loan payments past Q1 2021...
In the wake of the collapse of its initial public offering of stock (IPO), China’s Ant Group is scaling back the borrowing limits for some...
In today’s top news, Rent-A-Center acquires Acima, FIS and Global Payments discussed a merger and the U.S. Senate reached a deal for a new stimulus...
Alibaba billionaire Jack Ma told Chinese regulators in November that he would give portions of Ant Group, the FinTech he founded, to the country’s government in...
The Monetary Authority of Singapore (MAS) on Friday (Dec. 4) chose four firms to receive digital banking licenses, including “digital full bank” licenses for Singapore-based Sea Ltd....
In today’s top news, Flipkart is planning to sell a percentage of its payments arm PhonePe, and Starboard wants to see ACI Worldwide put itself...
China’s Ant Group, which owns the widely used Alipay payments app, is looking at selling its 30 percent stake in India’s Paytm as friction between...
With regulators cracking down in China, FinTech leaders are scrambling for capital and trying to plan their futures, Bloomberg reported Wednesday (Nov. 25). Jack Ma‘s...