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...
Singapore’s financial regulator is sticking to the original plan to award digital banking licenses by the end of the year, according to a Bloomberg report,...
What’s next for Ant Group – and by extension, Jack Ma? In China, the battle of the regulators versus FinTech behemoth has seemingly been joined. ...