Peer-to-peer (P2P) lending platforms have shuttered in China’s Hebei province as regulators aim to get rid of deception and inefficiency in the sector, South China Morning Post (SCMP) reported on Friday (Dec. 13). Get the Full Story Complete the form to unlock this article and...
President Donald Trump announced on Friday (Dec. 13) that the U.S. had reached a phase-one trade deal with China and that the tariffs set for Sunday (Dec. 15) “will not be changed,” according to a report by CNBC. Get the Full Story Complete the form...
To provide retail consumers in China with a new widely available and streamlined investment advisory service, Vanguard and Ant Financial Services Group announced a partnership. Their joint venture will provide individual investors in the country with a fund investment advisory service as approved by the...
Japan is looking to JPMorgan Chase & Co.’s blockchain-based information network for payments, Bloomberg reported on Monday (Dec. 9). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...
Paysend, a FinTech out of the U.K., has received a license to operate in Canada in a move that will expand the company’s global reach, according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
European banks have been forced to slash more than 60,000 jobs as they face falling profitability, The Financial Times reported on Saturday (Dec. 7). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
MoneyGram, in partnership with Visa, has expanded its debit card deposit service, which was launched in collaboration with Visa Direct, Visa’s real-time push payments platform, according to a release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Visa and banking-as-a-service platform NovoPayment are expanding their strategic partnership to advance the deployment of digital solutions in Latin America and the Caribbean, Visa said in a press release on Tuesday (Dec. 3). Get the Full Story Complete the form to unlock this article and...
WeWork China has set ambitious revenue goals that it wants to achieve by 2020, as it tries to overcome repercussions of its parent company’s failed initial public offering (IPO) and ouster of former CEO Adam Neumann, according to a report by Reuters. Get the Full...
