China has arrested 82 people as part of the busting of a $1.51 billion online pyramid scheme that involved more than 220,000 investors. Get the Full...
To attract Chinese travelers visiting the U.S., GUESS?, Inc. has partnered with Alipay to bring the payment option into select brick-and-mortar stores across GUESS’ brands....
Megvii Inc., the developer of facial recognition system Face++, is reportedly raising at least $600 million from investors including Alibaba and Boyu Capital. Get the...
Welcome to The Axis, your late look at payments news from around the world. Coverage includes BNP Paribas Asset Management’s new U.K. debt fund. In addition,...
It’s earnings season, which leads us to mull the fate of companies large and small, and of industries that are global in scope. Get the...
Investors have been withdrawing funds from peer-to-peer lending platforms amid a wave of defaults across the industry in China. Get the Full Story Complete the...
With Chinese regulators clamping down on the cryptocurrency market, crypto millionaires in the country are selling the digital tokens in the U.S. and buying real...
Every year for the last four, PayPal has released it Cross-Border Consumer Research report, an annual report card on marketplaces’ progress and a snapshot on...
Chinese venture capitalists have been throwing money at Silicon Valley startups to the tune of $2.4 billion from the start of the year through May....