Chinese mobile payment platforms Alipay and WeChat Pay have begun allowing users to withdraw money online through credit card cash advances by cooperating with some banks, such as Bank of Ningbo, ...

China’s commercial banks are tightening oversight of clients using credit cards to fund stock investments as small-time investors pour in to catch the nation’s $1 trillion market rally. Lenders ...

HSBC Holdings PLC HSBC plans to close its credit card operations in China as it faces challenges to achieve growth and profitability in the region. This was reported by sources with knowledge of the ...

HSBC Holdings PLC (GB:HSBA) has reportedly exited its credit card business in China after facing challenges in achieving growth after eight years of launch. According to Reuters, the bank has halted ...

The 75-year-old lender will work with the newly listed digital asset exchange to issue a co-branded Visa card for HashKey ...

(Yicai) Dec. 22 -- China's central bank will implement from next year a one-time credit relief measure that will remove small defaults since the Covid-19 pandemic from the credit reports of borrowers ...

BANGKOK — China has ordered banks and other financial institutions to encourage more consumer financing and use of credit cards as part of a campaign to get people to spend more. The order Friday from ...