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...
Alibaba founder Jack Ma has said the upcoming dual listing for Ant Group is “the largest in human history,” according to Reuters. Ma also noted...
In late June, the Monetary Authority of Singapore (MAS) sent a ripple through the global financial services ecosystem with the announcement of its intention to...
In today’s top payments news, India’s mobile payments startup Paytm said on Monday (Nov. 25) that it secured $1 billion in new funds from Japan’s...
India’s mobile payments startup Paytm said on Monday (Nov. 25) that it secured $1 billion in new funds from Japan’s SoftBank and China’s Alibaba affiliate...