More than 20 non-banking payment firms increased their capital last year, according to data from the People's Bank of China ...

Chinese expert Gordan Chang warned about China conglomerate Tencent rolling out its biometric palm payment technology will bring the Chinese Communist Party (CCP) one step closer to "total social ...

Forbes contributors publish independent expert analyses and insights. I write about how fintech is disrupting the financial industry in Asia. China’s cashless evolution is a remarkable story, as the ...

HONG KONG (Reuters) - Chinese tech giants Tencent Holdings and Ant Group said that they would allow users to link international credit cards to their platforms, an issue that has long plagued foreign ...

The investigator, who was a bank employee and Bank Secrecy Act manager, according to a source familiar, alerted colleagues in an email to “unusual” financial activity after a Chinese government-linked ...

While it's common for payment companies to partner up to build their audience, Splitit contends its work with the Chinese payment app provider Alipay is much more ambitious. "We can get to people that ...

There have been several payment collaborations announced in recent weeks involving U.S. and Chinese companies, betting on a recovery in travel following China's near-total shutdown during the pandemic ...