Mastercard, in an effort to gain entry into the Chinese market, is looking toward a joint venture that may help the card giant get a...
In an effort to strengthen the economy in hamlets and small cities, China is looking to make mobile payments commonplace in rural places prior to...
Mastercard, the payments company, said late last week that it is still committed to operating in China. Get the Full Story Complete the form to...
China’s central bank has yet to acknowledge applications submitted by Visa and Mastercard that would allow the companies to process renminbi payments. Citing sources familiar...
Before a summit between China’s President Xi Jinping and U.S. President Donald Trump, American Express has received the go-ahead to open up card-clearing services in...
To head off financial risks, the People’s Bank of China (PBOC) plans to manage growth of the money supply. Its remarks could be seen as...
The People’s Bank of China has announced new anti-money laundering (AML) and counter-terrorism financing regulations for online financial institutions (FIs). According to Reuters, the new...
In what might be seen as a move to boost both lending and spending in China — and extend buying power as Chinese citizens wield...