(source: wechat.com)
In today’s FinTech news, Tencent could be faced with spinning WeChat Pay into its payments subsidiary, while crypto exchange Binance looks to acquire a bank...
Two reports, and possibly more, by well-known economists which questioned China’s economic data have been deleted from Chinese social media site WeChat, Bloomberg reported Thursday...
Tencent Holdings Ltd, the China-based global technology and entertainment conglomerate, plans to reduce transaction fees for small- to medium-sized businesses (SMBs) using the WeChat payments...
China’s largest messaging app says it will begin accepting the country’s digital yuan. According to media reports Thursday (Jan. 6), Tencent Holdings’ WeChat, which numbers...
Card-to-card and international payments platform Paysend has launched a technology partnership with Tencent Holdings’ FinTech division that will let people receive money over Tencent’s WeChat...
China’s crackdown on technology companies that offer payment services had the unintended side effect of opening the lines of communication between competitors like Alibaba and...
In China, what seems to be a crackdown on Big Tech — on the payments giants in particular — continues. Or maybe not, depending on...
Tencent Holdings Ltd. is opening its WeChat groups and will soon allow Alibaba’s Tmall and Taobao, among other social media rivals, to display their own...
The Chinese government is cracking down on financial journalists and commentators who aren’t officially registered with the government, the Global Times, an English-language newspaper controlled...