China’s State Administration for Market Regulation (SAMR) published new guidelines Sunday (Feb. 7) to strengthen anti-monopoly restrictions on Big Tech platforms, Reuters reported. The guidelines...
In today’s top payments news around the world, Swedish buy now, pay later (BNPL) upstart Klarna is experiencing record U.S. growth, while Careem is introducing...
Chinese regulators along with Jack Ma and his Ant Group have reached an agreement that would turn the financial technology company (FinTech) into a financial...
In this week’s news, we saw Quevos secure funding, new data on loyalty and rewards programs, and research on how nonprofits are using digital payments....
In today’s top digital-first banking news, JPMorgan Chase plans to roll out a digital bank in the United Kingdom, while The Clearing House (TCH) has...
Green light for an IPO – but speed bumps on the road ahead. The on/off status of Ant Group’s initial public offering seems switched, now,...
Responding to pressure from Chinese finance regulators, Jack Ma will restructure Ant Group into a financial holding company, The Wall Street Journal reported on Wednesday...
So, payments provider Ant Group’s much-heralded initial public offering (IPO) could be back on? Soon? When it comes to the Chinese government and its regulators,...
Chinse billionaire Jack Ma keeps getting hit with setbacks. It all started in November when the Shanghai Stock Exchange acted to delay his Ant Group’s...