Bitcoin has dipped in price as of Monday (March 15), slumping slightly from its high of $60,000 over the weekend, Reuters reported. In afternoon trading,...
In today’s top payments news around the world, Grab could reach a valuation of as high as $40 billion if talks with a special purpose...
Increased regulatory scrutiny has prompted the CEO of China’s Ant Group to step down and also spurred the company to develop financial self-discipline rules, Reuters...
Bike-sharing startup Hello Inc. — formerly known as HelloBike, a survivor of China’s bike-sharing bubble — has confidentially filed for an initial public offering (IPO)...
Although Jack Ma agreed to turn over Ant Group’s customer financial data, the People’s Bank of China (PBoC) and Beijing regulators are not satisfied with...
As it gets ready to fold in its micro-lending operations, Ant Group is in discussions with other backers in its new consumer finance unit to...
Alibaba was commended by Chinese President Xi Jinping and the state media for its efforts to alleviate poverty and assist farmers with eCommerce, CNN reported on...
In today’s top news in digital-first banking, Brex has filed to open an industrial bank in Utah, while MYBank is getting in on China’s moves...
Ant Group’s MYBank is getting in on China’s moves toward launching a digital currency. The online bank said it will now be one of the...