Launched in December 2004 as an escrow service for online purchase on Alibaba's marketplace, Alipay provides secure, trustworthy and convenient online and mobile payment services. As of December 2016, Alipay reached 450 million users. Alipay is expanding to in-store payments both inside and outside China. According to iResearch, Alipay is the largest third-party online payment service provider in China by total payment volume. Alipay currently collaborates with over 200 financial institutions
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Satispay
Send and receive money the smart way with Satispay
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Circle
Move money between currencies, countries and friends
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Apple Pay
Apple Pay is a Apple's mobile payment solution for the iPhone 6 and Apple Watch.
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DropPay
Il conto più semplice per i pagamenti
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Tap2pay
Instant payments for instant messengers
Discussion
Fintastico Team
8 hours, 1 minute
https://qz.com/1758733/nubank-is-leading-the-fi...
Nubank is leading the fintech gold rush in Latin America
And unlike many other venture-backed fintech upstarts, the six-year-old Brazilian bank is cashflow positive.
Fintastico Team
10 hours
https://www.pymnts.com/news/regulation/2019/reg...
Regulators On 'Vigilant Monitoring' Of Big Tech | PYMNTS.com
To prevent unfair competition, the Financial Stability Board (FSB) said there should be "vigilant monitoring" of Big Tech's move into financial services.
Fintastico Team
11 hours, 2 minutes
https://www.pymnts.com/news/regulation/2019/reg...
Regulators On 'Vigilant Monitoring' Of Big Tech | PYMNTS.com
To prevent unfair competition, the Financial Stability Board (FSB) said there should be "vigilant monitoring" of Big Tech's move into financial services.
Fintastico Team
3 days, 4 hours
https://thefintechtimes.com/cardpay-cart-abando...
Cardpay: Tackling the Issues of Local Payments and Cart Abandonment | The Fintech Times
Payment products can often be a headache for retailers who struggle to cater for the needs of a global audience with a local wallet. However, one fintech
Fintastico Team
6 days, 3 hours
https://www.fintechfutures.com/2019/12/reserve-...
Reserve Bank anticipates cardless retail landscape in Australia
Merchant fees on card payments in Australia came to AUS $4.3 billion last year.
Fintastico Team
6 days, 8 hours
https://www.finextra.com/pressarticle/80808/aub...
AUB to open up QR payments corridor between Singapore and the Philippines with Liquid Group
Asia United Bank (AUB), one of the country’s fastest-growing publicly listed banks, has recently partnered with Liquid Group, a regional mobile payment services group headquartered in Singapore, to open up the corridor for QR payments between Singapore and the Philippines.
Fintastico Team
6 days, 22 hours
https://born2invest.com/articles/ant-financial-...
Ant Financial is investing one billion dollars in Asian fintech startups
Alipay's parent company Ant Financial, owned by billionaire Jack Ma, the founder of Alibaba, is planning to raise $1 billion for an investment fund dedicated to startups based in India and Southeast Asia. This new investment vehicle will target startups specializing in online payments and financial services, and help them strengthen their position in the fast-growing mobile internet markets.
Fintastico Team
1 week
https://themarketherald.com.au/fintech-facial-r...
FinTech facial recognition takes off despite bleak half-year report - The Market Herald
Business intelligence company FinTech Chain (ASX:FTC) shares take a hit in light of its half-year report for the middle quarters of 2019.
Fintastico Team
1 week
https://www.fool.com/investing/2019/12/01/4-thi...
Fintastico Team
1 week, 3 days
https://www.nasdaq.com/articles/argentinas-uala...
Argentina's Uala eyes fintech expansion with Tencent, SoftBank backing
Argentine digital banking startup Uala is looking to more than double in size, expand its product range and leverage expertise from new investors including Chinese tech giant Tencent and Japan's SoftBank, founder Pierpaolo Barbieri said.
Fintastico Team
1 week, 3 days
https://www.finextra.com/pressarticle/80793/rus...
Russia to enable transaction over the MIR payment network in the UK
On November 27, the RBBF, the largest Russian business event abroad, will be held in London. Traditionally, the forum will feature premieres and presentations of Russian products and technologies. This year, one of these will be the MIR payment system where PayXpert will act as the MIR acquirer in Europe, including the UK.
Fintastico Team
1 week, 3 days
https://www.nytimes.com/reuters/2019/11/29/busi...
Argentina's Uala Eyes Fintech Expansion With Tencent, SoftBank Backing
Argentine digital banking startup Uala is looking to more than double in size, expand its product range and leverage expertise from new investors including Chinese tech giant Tencent and Japan's SoftBank, founder Pierpaolo Barbieri said.
Fintastico Team
1 week, 4 days
https://thefintechtimes.com/china-culture-censo...
UK Retailers Targeting China Need to Focus on Culture, Censorship and Local Competition | The Fintech Times
JGOO, the next generation mobile payments platform, says many UK retailers are failing to break into the Chinese market because they don’t acknowledge
Fintastico Team
1 week, 5 days
https://www.finextra.com/pressarticle/80763/fin...
Finablr forms cross-border remittance partnership with Alipay
Finablr, a global platform for payments and foreign exchange solutions, and Alipay, the world’s leading payment and lifestyle platform operated by Ant Financial, today announced a global partnership for cross-border remittance to bring more convenient and inclusive services to consumers around the world.
Fintastico Team
2 weeks
https://investorplace.com/2019/11/alibaba-has-d...
E-commerce Is Just One Component of Alibaba Stock
With BABA stock, it’s important not to get myopic with the e-commerce, but instead focus on bigger-picture catalysts like fintech.
Fintastico Team
2 weeks
https://www.pymnts.com/news/payments-innovation...
Does 'Google Checking' Mean Big Payment Changes? | PYMNTS.com
In a new PYMNTS interview, Vaduvur Bharghavan, president of Ondot Systems, talks about the impacts of Google's new consumer checking accounts.
Fintastico Team
2 weeks
https://finance.yahoo.com/news/crfm-explores-fi...
CRFM Explores Fintech Trend: Facial Recognition Payment in China
Facial recognition is springing up in payment industry of China in year 2019. The market continues to heat up after People's Bank of China announced to support exploration of facial recognition application in payment industry in August 2019. Various payment institutions (Union Pay, Alipay and WeChat
Fintastico Team
2 weeks, 6 days
https://bankinnovation.net/allposts/biz-lines/p...
Ant may join race for Singapore virtual bank licenses
Billionaire Jack Ma's Ant Financial Services Group said it may apply for a virtual banking license in Singapore, a move that would add a heavyweight contender
Fintastico Team
3 weeks
https://bankinnovation.net/allposts/biz-lines/p...
Facebook beefs up e-commerce capabilities with digital payment wallet
Facebook is adding a digital payment method to its platform, a move which will facilitate retail transactions, and ultimately encourage customers to stay within
Fintastico Team
3 weeks
https://cointelegraph.com/news/chinas-zhejiang-...
China’s Zhejiang Processes $6M via DLT Medical Billing Platform
China’s Zhejiang province processed $5.9 million via a blockchain medical billing platform using Ant Financial’s blockchain tech.
Fintastico Team
3 weeks
https://dailyfintech.com/2019/11/18/the-bank-of...
The Bank of Google. Does every big tech giant want to be a bank? Maybe... Probably! - Daily Fintech
In 1994, Bill Gates said: “We need banking, but we don’t need banks anymore.” What Bill Gates was saying is that once technology companies can provide the core services of banks, we really won’t need banks anymore. So why hasn’t Bill Gates opened a bank? Well, maybe because technology giants don’t really want to be banks. …
Fintastico Team
3 weeks
https://www.crowdfundinsider.com/2019/11/154196...
Cashless Payments Have Become Popular, But Demand for Cash Still Strong in Rural and Unbanked Communities: Report
Cashless payments have become popular, but demand for cash is still strong in rural and unbanked communities: report.
Fintastico Team
3 weeks, 2 days
https://www.crowdfundinsider.com/2019/11/154165...
Binance and Tron Lose Important Weibo Social Media Accounts
Malta-based Binance, one of the world's busiest cryptocurrency exchanges, and Tron, the 11th largest blockchain project, have had their accounts blocked on Weibo, a Chinese social media site similar to Twitter, The Block reports. According to the outlet, all content, including the follower count, has
Fintastico Team
3 weeks, 3 days
https://www.coindesk.com/china-is-poised-for-an...
China Is Poised for Another Crypto Trading Crackdown as Speculative Fever Returns - CoinDesk
China appears set to crack down on crypto trading again after President Xi Jinping's praise for blockchain tech revived speculation in the sector.
Fintastico Team
3 weeks, 3 days
https://cointelegraph.com/news/binances-chinese...
Binance’s ‘Chinese Twitter’ Gets Blocked for Unknown Violations
The Weibo accounts of Binance and the Tron Foundation are blocked, while those of Huobi and OKEx are still available.
Fintastico Team
3 weeks, 3 days
https://www.fintechfutures.com/2019/11/alipay-a...
Alipay aims for integration with 10m European SMEs by 2024
Chinese payments firm continues its acceptance march in Europe.
Fintastico Team
3 weeks, 4 days
https://www.fintechfutures.com/2019/11/challeng...
Challenger banks in Hong Kong
A free guide to help our readers navigate Hong Kong's challenger banking space.
Fintastico Team
3 weeks, 5 days
https://bankinnovation.net/allposts/biz-lines/p...
Google partners with Citi to offer customers checking accounts
Google has partnered with Citigroup Inc. and a local California credit union to offer consumer checking accounts, a person familiar with the matter said. The
Fintastico Team
3 weeks, 5 days
http://www.americanbanker.com/articles/google-p...
Google partners with Citi to offer customers checking accounts
Google has partnered with Citigroup and a California credit union to offer consumer checking accounts, a person familiar with the matter said.
Fintastico Team
3 weeks, 6 days
https://www.fintechfutures.com/2019/11/the-nord...
The Nordic payments revolution
The Nordics offer the perfect playground for experimentation.
Fintastico Team
1 month
http://www.americanbanker.com/opinion/us-banks-...
U.S. banks are playing catch-up with Chinese fintechs
Banks should stop competing on volume with large techs and start competing on added-value services to win over customers.
Fintastico Team
1 month
https://www.crowdfundinsider.com/2019/11/153816...
JPMorgan Chase Develops e-Wallet Product for Large Tech Firms Airbnb, Lyft, Amazon
JPMorgan Chase, the largest US-based bank, has developed an e-Wallet for large tech firms such as Amazon, Airbnb, and Lyft.
Fintastico Team
1 month
http://www.americanbanker.com/articles/jpmorgan...
JPMorgan has a plan to help Amazon and Airbnb look more like banks
An e-wallet in development would give tech companies the ability to provide millions of customers virtual bank accounts and to offer perks such as car loans or discounts on home rentals to those who keep money stashed there.
Fintastico Team
1 month
https://bankinnovation.net/allposts/biz-lines/p...
JPMorgan has a plan to help Amazon and Airbnb look more like banks
JPMorgan Chase & Co. has long feared that technology giants will act more and more like banks. The firm's surprising solution: help them do it. The bank has
Fintastico Team
1 month
https://www.fintechfutures.com/2019/11/the-othe...
The Other 50 Podcast: all roads must lead to profitability
The state of challenger banks and fintech funding, and what the future holds.
Fintastico Team
1 month
https://www.fintechfutures.com/2019/11/alipay-l...
Alipay launches prepaid card for international visitors
Prepaid card scheme for international visitors is a first for the giant Chinese payment firms.
Fintastico Team
1 month
https://seekingalpha.com/article/4302011-tencen...
Tencent: Foray Into Fintech Deepens Payments Market Penetration
The fintech business represents a secular growth driver for Tencent in the next couple of years. An increase in the escrow account reserve ratio has resulted in
Fintastico Team
1 month, 1 week
https://www.crowdfundinsider.com/2019/10/153453...
Open Banking: Learning Lessons from Asia
With the implementation of PSD2 in Europe, Open Banking payment solutions are starting to be rolled out across the UK and Europe. But while the core Open Banking payment solutions are live, there is a long way to go until we see the widespread adoption
Fintastico Team
1 month, 1 week
https://www.coindesk.com/bitcoin-dissident-sees...
Bitcoin Dissident Sees Dark Warnings in China's Blockchain Push - CoinDesk
Grave concerns about the evolution of blockchain technology from someone who lived in China and used bitcoin for its censorship-resistant value.
Fintastico Team
1 month, 1 week
https://www.coindesk.com/china-announces-new-re...
China Announces New Regulatory Authority to Certify Digital Payments, Blockchain Products - CoinDesk
China’s central bank will certify a list of fintech products that are widely used for digital payment and blockchain services with its verification system.
Fintastico Team
1 month, 1 week
https://www.fintechfutures.com/2019/10/how-to-p...
How to provide customers from China with a habitual and convenient service
An official account is the first step for a company towards the Chinese audience.
Fintastico Team
1 month, 2 weeks
https://cointelegraph.com/news/wechat-pay-using...
WeChat Pay Using Blockchain to Track Payments, Says Binance CEO
WeChat Pay stores payment receipts on the blockchain, says Binance CEO.
Fintastico Team
1 month, 2 weeks
https://www.crowdfundinsider.com/2019/10/153260...
Chinese Internet Giant Tencent Says Facebook's Libra Stablecoin Might Pose A Threat to Other Digital Payments Platforms
Chinese Internet giant Tencent says Facebook's Libra stablecoin might pose a threat to existing digital payments platforms.
Fintastico Team
1 month, 2 weeks
https://www.crowdfundinsider.com/2019/10/153250...
Mark Zuckerberg Takes a Beating on the Hill While Launching Defense of Libra & Facebook's Past Actions
Mark Zuckerberg, CEO of Facebook, spent over 6 hours today testifying in front of the powerful House Financial Services Committee. While his prepared remarks foreshadowed his defense of Facebook's Libra stablecoin, little can prepare you for the onslaught of questions delivered by every single Committee
Fintastico Team
1 month, 2 weeks
https://www.coindesk.com/regulate-stablecoins-d...
Regulate Stablecoins – Don't Squash Them - CoinDesk
Regulators should offer a path for stablecoins to exist alongside current financial systems, writes a fellow at Harvard's Berkman Klein Center.
Fintastico Team
1 month, 3 weeks
https://cointelegraph.com/news/alipay-denounces...
Alipay Denounces Bitcoin OTC Trading: Regulatory ‘Gray Area’ in China
Alipay denies providing support for Bitcoin trading amid reports of Binance accepting fiat deposits via popular payment channels.
Fintastico Team
1 month, 3 weeks
https://cointelegraph.com/news/dollar-deposits-...
Dollar Deposits On Binance.US Now Have FDIC Insurance Coverage
Binance.US announced that its customer's dollar deposits are now eligible for FDIC insurance coverage.
Fintastico Team
1 month, 3 weeks
https://www.fintechfutures.com/2019/10/from-sta...
From stablecoins to central bank digital currencies
In the sCBDC model, which is a public-private partnership, central banks would focus on their core function: providing trust and efficiency.
Fintastico Team
1 month, 3 weeks
https://cointelegraph.com/news/fed-governor-war...
Fed Governor Warns: Facebook’s Libra Users Lack Clear Rights
The Federal Reserve’s Lael Brainard says Libra could pose risks to consumers due to ambiguity over their rights.
Fintastico Team
1 month, 3 weeks
https://cointelegraph.com/news/telegram-bombshe...
Telegram Bombshell, Zuckerberg to Testify, Ripple Row: Hodler’s Digest, Oct 7–13
The SEC halts Telegram’s $1.7 billion token offering in a massive setback for TON, and Mark Zuckerberg is going to testify in front of Congress.
Fintastico Team
1 month, 3 weeks
https://cointelegraph.com/news/bitcoin-price-wh...
Bitcoin Price: Which Countries Have the Biggest Premiums?
Crypto price premiums are a thing! Which countries suffer the most and how big is the difference in price for a Bitcoin?
Fintastico Team
1 month, 4 weeks
https://cointelegraph.com/news/2-key-indicators...
2 Key Indicators Show ETH, BNB Could Rally as Bitcoin Price Eyes $9K
As Bitcoin price consolidates, several altcoins are posting gains and providing the rationale for a period of market-wide gains.
Fintastico Team
1 month, 4 weeks
https://www.coindesk.com/binance-adds-xrp-pegge...
Binance Adds XRP-Pegged Token to Its Decentralized Exchange - CoinDesk
The world's leading crypto exchange by volume announced the addition of XRP-BF2 to its decentralized exchange platform.
Fintastico Team
2 months
https://cointelegraph.com/news/binance-starts-a...
Binance Starts Accepting Fiat Currencies Through Alipay and WeChat
Major cryptocurrency exchange Binance has begun accepting fiat currencies through online payment service Alipay and mobile messaging and payment app WeChat.
Fintastico Team
2 months
https://www.coindesk.com/binance-now-accepting-...
Binance Now Accepting Fiat Through Alipay, WeChat - CoinDesk
The move opens the exchange to peer-to-peer (P2P) crypto transactions from China.
Fintastico Team
2 months
https://ceoworld.biz/2019/10/06/giant-fintech-m...
Giant fintech market in shake-up > CEOWORLD magazine
China’s central bank, People’s Bank of China (PBoC) mulls a shake-up of the mobile payment sector, which can have a huge impact. Those who have visited China most probably noticed immediately that everybody uses a QR code on their mobile phone for any kind of payment. In China, this mobile payment behaviour is truly widespread, …
Fintastico Team
2 months
http://feedproxy.google.com/~r/finovate/~3/p7Fb...
PayPal's Move into China is a Big Deal - Finovate
After sealing a transaction which gives it a 70% stake in China-based GoPay, PayPal has taken on a new role in the global payments services scene. That’s because PayPal not only has controlling interest in GoPay but is also now licensed to offer online payment services in China, making it the first foreign company to Read more...
Fintastico Team
2 months, 1 week
https://www.crowdfundinsider.com/2019/10/152288...
Banking Advisors to US Federal Reserve Say Private Currencies Like Libra Pose Risks
Banking advisors to the US Federal Reserve have warned that Facebook's proposed private currency network, Libra, will disrupt conventional banking and could function as a 'shadow banking' system if not properly regulated. They also warned that, 'In extremis, alternative currencies could usurp the prudential authority
Fintastico Team
2 months, 1 week
https://bankinnovation.net/allposts/biz-lines/l...
With IBM, Bank of China takes aim at super apps
The advent of social payment platforms like Alipay and WeChat are causing ripple effects within China's banking sector. In September, Bank of China launched an
Fintastico Team
2 months, 1 week
https://www.crowdfundinsider.com/2019/09/152216...
Payment Technology Platform InComm Teams Up With Mizuho Bank to Expand J-Coin Pay in Japan
InComm, a payments technology company, announced on Monday it has partnered with Mizuho Bank to expand its payment service J-Coin Pay to its retail network in Japan. InComm reported that through the partnership, a network of more than 18,000 retail locations, which including pharmacies, supermarkets,
Fintastico Team
2 months, 1 week
https://www.fintechfutures.com/2019/09/sibos-20...
Sibos 2019: Final wrap-up of talks, interviews and daily news
See our final wrap-up of the London-hosted four day event!
Fintastico Team
2 months, 2 weeks
https://cointelegraph.com/news/ant-financial-pa...
Ant Financial Partners with Monsanto Owner on Agricultural Blockchain
German big pharma and Monsanto’s owner Bayer partners with Alipay operator Ant Financial to develop a blockchain solution for the food and crop industry.
Fintastico Team
2 months, 2 weeks
https://www.fintechfutures.com/2019/09/sibos-20...
Sibos 2019: Watch out for Asian big techs like Alipay, Accenture warns banks
Bigtechs have been quietly accumulating lots of data.
Fintastico Team
2 months, 3 weeks
https://www.crowdfundinsider.com/2019/09/151643...
Libra Head: Facebook Cryptocurrency Won't Threaten National Sovereignty
David Marcus, a former PayPal executive now leading Facebook's cryptocurrency project, Libra, has claimed on Twitter that the company's proposed in-app global payments network will not threaten the monetary sovereignty of nations. The tweet was met with some skepticism, however. Regulators around the world have
Fintastico Team
2 months, 3 weeks
https://www.marketwatch.com/story/libra-is-an-o...
Libra is an opportunity to leapfrog Chinese fintech to achieve cashless economy
Libra is an opportunity for the American financial industry to leapfrog Alipay and other Chinese fintech, provide much of the world with sorely needed...
Fintastico Team
2 months, 3 weeks
https://www.crowdfundinsider.com/2019/09/151527...
Report: China's Digital Currency Probably Won't Involve Blockchain
Although payments are increasingly digital, China has little interest in creating a self-settling digital yuan system using blockchain, Abacus News reports. According to the outlet: 'China is increasingly a cashless society. Even street-food sellers in small towns will prefer to use a mobile payment app
Fintastico Team
2 months, 4 weeks
https://www.ccn.com/x-france-facebook-crypto-li...
France Refuses to Authorize Facebook Crypto Libra in Europe
France's Bruno Le Maire has reportedly warned that the country will block the development of Facebook's Libra on European soil.
Fintastico Team
3 months
https://news.crunchbase.com/news/whats-driving-...
What’s Driving The Digital Banking Boom In Latin America
Latin America has one of the highest adoption rates of smartphones globally, after North America and Europe, which is creating numerous opportunities for financial institutions to reach more consumers.
Fintastico Team
3 months
https://www.finextra.com/newsarticle/34353/chin...
Chinese official voices digital coin plans
More details have emerged around China's plans to issue its own digital coin following a lecture given by a senior official at the central bank.
Fintastico Team
3 months
https://www.ccn.com/china-cryptocurrency-yuan-l...
China’s Cryptocurrency 'Protects' Legal Currency Yuan: Central Bank Official – CCN Markets
According to central bank official, China's incipient digital currency will "bear similarities" to Facebook's own proposed cryptocurrency.
Fintastico Team
3 months, 1 week
https://cointelegraph.com/news/us-china-trade-w...
US-China Trade War and Its Effect on Cryptocurrencies
China’s central bank relies on centralization and suppression of open technologies such as blockchain, with its next step being to issue a national stablecoin.
Fintastico Team
3 months, 1 week
https://cointelegraph.com/news/is-blockchain-pa...
Is Blockchain Payments Integration in Messenger Apps Good for Crypto?
The integration of DLT technology into messenger apps is expected to drive mainstream crypto adoption, but possibly at the expense of centralization.
Fintastico Team
3 months, 1 week
https://www.pymnts.com/news/retail/2019/costco-...
Costco's China Move Highlights Broader Trends | PYMNTS.com
Costco this week opened its first brick-and-mortar store in China, a sign of a bigger trend of retailers entering foreign markets.
Fintastico Team
3 months, 1 week
https://www.pymnts.com/news/retail/2019/costco-...
Costco's China Move Highlights Broader Trends | PYMNTS.com
Costco this week opened its first brick-and-mortar store in China, a sign of a bigger trend of retailers entering foreign markets.
Fintastico Team
3 months, 2 weeks
https://www.coindesk.com/loom-launches-cryptozo...
Loom Launches 'CryptoZombies' Tutorial to Get Coders on Facebook's Libra - CoinDesk
Get the basics of Facebook's new Libra blockchain with a free online tutorial from Loom.
Fintastico Team
3 months, 2 weeks
https://www.coindesk.com/hong-kongs-hashkey-cap...
Hong Kong's HashKey Capital Invests in Terra's Mining Token - CoinDesk
It is the eighth funding event in thirteen months using the mining token.
Fintastico Team
3 months, 2 weeks
https://cointelegraph.com/news/how-facebooks-li...
How Facebook Libra Has Been Influencing Crypto, Politics and Finance
Facebook’s Libra remains hot on the agenda despite the fact that no new announcements have come; instead, the world continues to react to the stablecoin...
Fintastico Team
3 months, 2 weeks
https://www.coindesk.com/austrian-telecommunica...
Austrian Telecommunications Giant to Accept Cryptocurrency - CoinDesk
Founded in 1881, the A1 mobile network is looking to add dash, ethereum, litecoin, stellar, and ripple as payment options.
Fintastico Team
3 months, 2 weeks
https://cointelegraph.com/news/austrian-telecom...
Austrian Telecom A1 Accepting Crypto in Select Shops Using Salamantex
Major Austrian telecom operator A1 has started accepting six cryptos as payment in select shops in Austria.
Fintastico Team
3 months, 3 weeks
https://cointelegraph.com/news/china-central-ba...
China Central Bank Crypto Can Cannabalize Alipay, WeChat Pay — Analyst
Beijing’s state-issued offering might also help keep funds flowing into bank deposits, mainstream media reports.
Fintastico Team
3 months, 3 weeks
https://dailyfintech.com/2019/08/19/every-bank-...
Every Bank wants to be a Bitcoiner. Do we need Central Bank Digital Currencies? - Daily Fintech
TLDR. Bitcoin’s price rebound and the advent of Libra so far this year, has caused many to reconsider and some even to change sides. Debates about Central Bank Digital Currencies (CBDC) are now gathering great attention worldwide. Central banks may have to issue their own digital currencies sooner than expected. A number of central banks, including the People …
Fintastico Team
3 months, 3 weeks
https://cointelegraph.com/news/chinese-national...
Chinese National Cryptocurrency Turns Out Not Being an Actual Crypto
As the People’s Bank of China reveals new details of its future cryptocurrency, more users are getting concerned about its partial decentralization.
Fintastico Team
3 months, 3 weeks
https://finance.yahoo.com/news/global-fintech-i...
Fintastico Team
3 months, 3 weeks
https://www.coindesk.com/terra-signs-bugs-a-sou...
Terra Signs Music Streaming Platform Bugs To Its Crypto Payments Alliance - CoinDesk
The music steaming service will join twenty-five partners in a South Korean crypto payments alliance.
Fintastico Team
3 months, 3 weeks
https://www.coindesk.com/terra-signs-bugs-a-sou...
Terra Signs Music Streaming Platform Bugs To Its Crypto Payments Alliance - CoinDesk
The music steaming service will join twenty-five partners in a South Korean crypto payments alliance.
Fintastico Team
3 months, 4 weeks
https://www.fintechfutures.com/2019/08/wechat-p...
WeChat Pay and Alipay partner QFPay raises $20m
The latest funding round brings QFPay’s total to $36.5 million.
Fintastico Team
4 months
https://www.finextra.com/newsarticle/34224/shin...
Shinhan Card tests Face Pay
Korea's Shinhan Card group has begun testing a facial recognition-based payment system within the company's canteen and onsite convenience store.
Fintastico Team
4 months, 1 week
https://www.crowdfundinsider.com/2019/08/150102...
Report: Tether Has Supplanted Bitcoin for Russia-China Commercial Remittances
An unnamed OTC trading desk in Moscow is selling up to $30 million USD in 'tethers' per day to Chinese merchants sending proceeds home, Coindesk reports. Until 2018, the favoured currency for this type of transacting was reportedly Bitcoin, but Chinese merchants have lately started dumping
Fintastico Team
4 months, 1 week
https://www.coindesk.com/tether-usdt-russia-chi...
Millions in Crypto Is Crossing the Russia-China Border Daily. There, Tether Is King - CoinDesk
Tether has a real-world use case: Chinese importers of cheap goods in Russia use it to send millions home daily.
Fintastico Team
4 months, 2 weeks
https://www.pymnts.com/news/b2b-payments/2019/w...
Why A Smart China Plan Isn’t About Moving Fast Or Breaking Anything | PYMNTS.com
The Chinese market presents a formidable, but also somewhat irresistible challenge to any payments and commerce player standing on the outside looking in. Formidable because from both a regulatory and consumer interest point of view, there isn’t a surplus of easy inroads into the market. And while the networks have pushed forward using tools like […]
Fintastico Team
4 months, 2 weeks
https://www.bankingtech.com/2019/07/lets-work-t...
Let’s work together
Bank-fintech collaboration should take priority on this year's Sibos agenda.
Fintastico Team
4 months, 2 weeks
https://www.bankingtech.com/2019/07/lets-work-t...
Let’s work together
Bank-fintech collaboration should take priority on this year's Sibos agenda.
Fintastico Team
4 months, 2 weeks
https://www.bankingtech.com/2019/07/friday-the-...
Friday the 13th is coming – is banking ready?
The deadline for PSD2 compliance is rapidly approaching - will your firm be ready?
Fintastico Team
4 months, 3 weeks
https://www.crowdfundinsider.com/2019/07/149600...
Facebook Finds Few Friends on House Financial Services Committee as Libra Head David Marcus Endures Skepticism for its Crypto Plan
This past week much of the Fintech news was dominated by hearings in Congress addressing Facebook's plan to launch a global, blockchain-based, payments platform using a stablecoin, of sorts, as a foundation. This global currency, which may be able to challenge sovereign currency, is said
Fintastico Team
4 months, 3 weeks
https://cointelegraph.com/news/china-leads-the-...
China Leads the World in Google Searches for Facebook’s Libra
China has the highest rate of “Facebook Libra” Google searches, while the U.S. is ranked 25th, according to Google Trends’ data.
Fintastico Team
4 months, 3 weeks
https://www.finextra.com/newsarticle/34132/cash...
Cash under threat from tech giant-run e-money - IMF paper
Cash and bank deposits face tough competition from, and could even be surpassed by, e-money provided by the likes of Alipay and Facebook, says a new International Monetary Fund (IMF) paper.
Fintastico Team
4 months, 3 weeks
https://www.pymnts.com/news/payments-innovation...
Facebook Slapped With $5B FTC Fine, But Still Has Lots Of Friends | PYMNTS.com
The most interesting story about Facebook since the Cambridge Analytica scandal broke is one that hasn’t really been written. And it’s the one about the value platforms can create for their customer groups, at scale. Despite the news over the last year or more about its involvement in fake news, election tampering and user data […]
Fintastico Team
5 months
https://www.crowdfundinsider.com/2019/07/149388...
Professors: Swift and Proper Regulation of Facebook's Libra Payments System Critical
Law professors from the University of Luxembourg, the University of New South Wales and the University of Hong Kong have produced a 29-page paper designed to assist lawmakers in what should continue to be their swift and serious response to Libra, the global payment system now
Fintastico Team
5 months
https://cointelegraph.com/news/facebooks-libra-...
Facebook’s Libra Concept Will Impact Cross-Border Payments: Ex-PBoC Chief
China should learn from Hong Kong and Facebook as it develops its own sovereign digital currency, a former central bank governor says.
Fintastico Team
5 months
https://www.crowdfundinsider.com/2019/07/149232...
Report: China Bankers Concerned Facebook's Libra Could Fuel Currency Competition and Compromise Financial Sovereignty
Influential bankers convening at an academic conference at Peking University's Institute of Digital Finance this week have expressed serious concerns about Libra, Facebook's forthcoming cryptocurrency payments network, South China Morning Post (SCMP) reports. Wang Xin, director of the People’s Bank of China (PBOC)’s research bureau warned
Fintastico Team
5 months, 1 week
https://www.crowdfundinsider.com/2019/07/149160...
PayU Acquires Controlling Stake in Red Dot Payment, Expands Into Southeast Asia
PayU, Naspers’ payments firm, is expanding into Southeast Asia through the acquisition of a majority stake in Red Dot Payment (RDP), a Singapore-based online payment Fintech. RDP currently serves more than 500 merchants in 22 countries. RDP supports global and local alternate payment methods such
Fintastico Team
5 months, 1 week
https://www.bankingtech.com/2019/07/sia-opens-n...
SIA opens new payment cards centre in Verona
The facility can personalise more than 10 million cards per year.
Fintastico Team
5 months, 1 week
https://www.finextra.com/pressarticle/79066/sia...
SIA opens new payment card centre in Verona
In Verona today SIA has inaugurated a new specialized center for payment cards, capable of managing every stage of issuing, from conception to distribution, through a monitoring system compliant with the highest standards of security.
Fintastico Team
5 months, 1 week
https://www.forbes.com/sites/eladnatanson/2019/...
From Food Delivery To Fintech, The New App Convergence In Brazil
Brazil has a huge user base of urban, young, mobile-first consumers that have given rise to homegrown start-ups in a variety of mobile verticals fueled by huge infusions of cash from international VC firms and strategic investors. Clearly, Brazil’s mobile economy has made it to the big leagues.
Fintastico Team
5 months, 1 week
https://bankinnovation.net/2019/07/the-paradox-...
The paradox of data: can financial services avoid a Cambridge Analytica? | Bank Innovation | Bank Innovation
For the financial services industry, Facebook's new cryptocurrency, Libra, is yet another warning that digital technology is chipping away at the foundation of
Fintastico Team
5 months, 1 week
https://safehaven.com/tech/tech-other/Leonardo-...
Leonardo DiCaprio Backs Anti-Wells Fargo Fintech Bank | SafeHaven.com
Aspiration, a California-based online bank backed by Hollywood actor Leonardo DiCaprio of the Titanic fame, has fashioned itself as a Wells Fargo alternative
Fintastico Team
5 months, 2 weeks
https://dailyfintech.com/2019/06/28/39947/
The return of the QR Code and China’s obsession to it
Image Source A few days ago, I had a LinkedIn discussion with Richard Turrin on QR Codes and their relevance in today’s go-cashless world. A few commentators on the post felt QR codes …
Fintastico Team
5 months, 2 weeks
https://www.pymnts.com/news/investment-tracker/...
Singapore-Based Grab Gets $300M From Invesco | PYMNTS.com
Southeast Asia’s largest ride-hailing company, Grab, has raised $300 million from Invesco, an asset manager, according to a report by Reuters. “The additional investment in Grab takes Invesco’s overall total to $703 million and re-affirms its belief in Grab’s vision and plan for the region,” Grab said on Thursday (June 27). Grab said it wanted […]
Fintastico Team
5 months, 2 weeks
https://thefinancialbrand.com/84943/artificial-...
AI is Essential For Banking Brands to Compete With Digital Giants
Before dismissing artificial intelligence as out of reach, banks and credit unions should consider collaboration as a way to tap AI's power.
Fintastico Team
5 months, 2 weeks
https://www.fool.com/investing/2019/06/22/3-top...
3 Top Fintech Stocks to Buy Now -- The Motley Fool
Here are three stocks that could be big winners in the financial industry's technological revolution.
Fintastico Team
5 months, 3 weeks
https://www.finextra.com/blogposting/17396/the-...
The Asia-Pacific way of Open Banking
With the introduction of the European Union’s PSD2 and Open Banking in the UK, the concept of Open B...
Fintastico Team
5 months, 3 weeks
https://cointelegraph.com/news/facebooks-libra-...
Facebook’s Libra Coin: Initial Reactions Mixed
Summary of the first reactions on Facebook’s Libra.
Fintastico Team
5 months, 3 weeks
http://www.americanbanker.com/news/another-one-...
‘Another one?’ Bankers react to Facebook’s digital currency
Community bank executives, payments officials and others said Libra faces an uphill battle amid heavy competition and regulatory scrutiny.
Fintastico Team
5 months, 3 weeks
https://www.finextra.com/pressarticle/78864/ali...
Alipay's AI wealth tech platform adopted by China's asset managers
On June 20, 2019, Ant Fortune, Alipay’s wealth management platform, announced that 80 of all 124 asset management firms in China, or six out of ten, have been using the company’s AI-powered corporate Caifuhao accounts to reach more customers with better customized offers, at a lower cost.
Fintastico Team
5 months, 3 weeks
https://www.coindesk.com/will-facebooks-libra-b...
Will Facebook's Libra Be an On-Ramp or Dead End for Crypto? - CoinDesk
Cryptocurrency insiders share their thoughts on whether Facebook's ambitious Libra project will help, or hurt, the broader industry.
Fintastico Team
5 months, 3 weeks
https://www.coindesk.com/chinas-biggest-payment...
China's Biggest Payment Firms Have No Plans to Follow Facebook into Crypto - CoinDesk
WeChat parent Tencent and Alibaba's payments arm Ant Financial have no plans to follow Facebook into crypto.
Fintastico Team
5 months, 3 weeks
https://www.finextra.com/blogposting/17392/faci...
Facing Challenges Head-on in Emerging Markets
Everyone understands the travel industry by now. But maybe the geography is changing. Maybe instead ...
Fintastico Team
5 months, 3 weeks
https://www.finextra.com/newsarticle/33995/live...
Live: EBAday 2019, day two
Payments professionals from across Europe are gathering in Stockholm this week for EBAday 2019, hosted by the Euro Banking Association and Finextra. We're liveblogging events here.
Fintastico Team
5 months, 3 weeks
https://www.ccn.com/crypto/facebook-libra-crypt...
Facebook Reveals Global Cryptocurrency 'Libra'. Is it a Bitcoin Killer?
Facebook has revealed the white paper for its much-hyped cryptocurrency, “Libra.”
Fintastico Team
5 months, 3 weeks
https://www.finextra.com/pressarticle/78816/apa...
APAC mobile wallet market to exceed $140bn by 2024 - report
Global APAC Mobile Wallets Market is set to grow from its current market value of more than $35 billion to over $40 billion by 2024; according to a new research report by Global Market Insights, Inc.
Fintastico Team
5 months, 3 weeks
https://cointelegraph.com/news/internet-authori...
Internet Authority: History of Centralized Companies Being Hostile Toward Crypto
In the wake of CCN’s Google saga, CT looks at which centralized companies have been hostile to crypto firms in the past.
Fintastico Team
5 months, 3 weeks
https://www.finextra.com/pressarticle/78816/apa...
APAC mobile wallet marekt to exceed $140bn by 2024 - report
Global APAC Mobile Wallets Market is set to grow from its current market value of more than $35 billion to over $40 billion by 2024; according to a new research report by Global Market Insights, Inc.
Fintastico Team
5 months, 3 weeks
https://www.coindesk.com/crypto-is-an-important...
Crypto Is an Important Defense Against Today's Orwellian Surveillance - CoinDesk
An effort to change extradition laws in Hong Kong has sparked protests – and questions about digital privacy and the right to transact, writes Mike Casey.
Fintastico Team
5 months, 3 weeks
https://www.finextra.com/pressarticle/78812/kad...
KaDeWe extends contract with Wirecard for cashless payments
Wirecard, the global innovation leader for digital financial technology, is expanding its cooperation with KaDeWe Group, operator of Germany’s most famous department stores for luxury products.
Fintastico Team
5 months, 3 weeks
https://www.coindesk.com/crypto-is-an-important...
Crypto Is an Important Defense Against Today's Orwellian Surveillance - CoinDesk
An effort to change extradition laws in Hong Kong has sparked protests – and questions about digital privacy and the right to transact, writes Mike Casey.
Fintastico Team
5 months, 3 weeks
https://asia.nikkei.com/Business/Startups/Vietn...
Vietnam fintech sector set for 'bloodbath' competition
Merger of two startups heralds consolidation for fragmented market
Fintastico Team
5 months, 3 weeks
https://www.shine.cn/biz/economy/1906156706/
Fintech driving Shanghai's global finance leadership
Fintech is the key driver behind fundamental changes that are blurring the boundaries between financ
Fintastico Team
5 months, 3 weeks
https://www.coindesk.com/concerns-over-facebook...
Concerns Over Facebook Data Use Derailed at Least 3 Crypto Partnerships - CoinDesk
Philosophical disagreements with crypto experts have slowed the development of Facebook's GlobalCoin, sources say.
Fintastico Team
6 months
https://thefinancialbrand.com/84474/consumer-fi...
Consumer Use of Fintechs For Banking Services Rockets
Latest fintech research from EY confirms that former fringe competitors are now sophisticated and widely used by banking consumers worldwide.
Fintastico Team
6 months
https://www.finextra.com/pressarticle/78769/jgo...
JGOO opens up Chinese market to UK brands via WeChat
Next-generation mobile payments platform JGOO is leading the way for British retailers to tap into international markets, such as the cashless Chinese market, with its combined instore and online retail suite for businesses.
Fintastico Team
6 months
https://www.finextra.com/pressarticle/78760/ali...
Alipay scores deal with Uefa
UEFA has announced a new exciting partnership with Alipay, the world’s leading payment and lifestyle platform, which is aimed at reinventing fan engagement experiences and bringing Chinese fans of European national team football even closer to the action than ever before.
Fintastico Team
6 months
https://qz.com/1641339/ubers-pivot-to-fintech-w...
Uber is pivoting to fintech, something Asian startups have been doing for years
Asian mobility startups like Ola, Grab, and Go-Jek have been rolling out financial services since at least 2015.
Fintastico Team
6 months
https://thefinancialbrand.com/84474/consumer-fi...
Consumer Use of Fintechs For Banking Services Rockets
Latest fintech research from EY confirms that former fringe competitors are now sophisticated and widely used by banking consumers worldwide.
Fintastico Team
6 months
https://www.bankingtech.com/2019/06/alipay-and-...
Alipay and six European mobile wallets collaborate on digital payments
Users can use QR code payments with their home apps in ten European countries.
Fintastico Team
6 months
https://cointelegraph.com/news/cashless-bound-j...
Cashless-Bound: Japan's Transport, e-Commerce Partnership on the Fast Track
Partnership between Japan’s transport and e-commerce giant revs up Tokyo’s efforts to go cashless.
Fintastico Team
6 months
https://cointelegraph.com/news/cashless-bound-j...
Cashless-Bound: Japan's Transport, e-Commerce Partnership on the Fast Track
Partnership between Japan’s transport and e-commerce giant revs up Tokyo’s efforts to go cashless.
Fintastico Team
6 months
https://gomedici.com/mobile-payments-comparison...
Mobile Payments: Comparison of Two Powerhouses of the World
In this article, MEDICI talks about mobile payments with a comparison between two powerhouses of the world: China and India. Read all about it only on MEDICI.
Fintastico Team
6 months
https://www.fintechmagazine.com/fintech/kaprona...
Kapronasia: Taking the risk out of expansion in the fintech industry
Having begun his career at Citibank in 1998, Zennon Kapron has seen the finance industry evolve significantly over three decades. Since leaving Citibank for an MBA and moving to Asia, he can understand both technological advancements and geographical differences. “One thing I noticed when I started my career in China was a lack of actionable research and insight on what was happening in the financial industry,” he comments.
Fintastico Team
6 months
https://www.finextra.com/pressarticle/78728/ali...
Alipay teams up with European mobile wallet operators
Six prominent mobile wallets across Europe, together with Alipay, announce today a collaboration to promote QR code-based digital payment interoperability for travelers both in Europe and from China.
Fintastico Team
6 months
https://www.crowdfundinsider.com/2019/06/148254...
3 Biggest Fintech Trends Shaping Latin America
3 Fintech Trends to Watch in Latin America Latin America is one of the fastest-growing regions in the world for mobile usage. In fact, the region ranks third for smartphone adoption globally, behind North America and Europe In 2017, the percentage of the Latin American
Fintastico Team
6 months
https://www.crowdfundinsider.com/2019/06/148254...
3 Biggest Fintech Trends Shaping Latin America
3 Fintech Trends to Watch in Latin America Latin America is one of the fastest-growing regions in the world for mobile usage. In fact, the region ranks third for smartphone adoption globally, behind North America and Europe In 2017, the percentage of the Latin American
Fintastico Team
6 months
https://www.businessinsider.com/fintech-disrupt...
REPORT: Ant Financial and Tencent are rapidly growing their financial services ecosystems — here's exactly what they offer and where we think they'll go next
Business Insider Intelligence looks at a variety of financial services provided by Ant Financial and Tencent and the benefits each one offers.
Fintastico Team
6 months
https://cointelegraph.com/news/facebook-sources...
Facebook Sources Say That Stablecoin White Paper Will Come on June 18
Several voices have earmarked a June 18 whitepaper launch date, as information slowly trickles through.
Fintastico Team
6 months, 1 week
https://cointelegraph.com/news/neo-announces-ne...
Neo Announces New Consensus Mechanism For Its New Mainnet
Blockchain platform Neo is using a new consensus algorithm on its mainnet, the delegated Byzantine Fault Tolerance mechanism.
Fintastico Team
6 months, 1 week
https://thefintechtimes.com/luxembourg-ceo-nasi...
Luxembourg – a Place for the Future | The Fintech Times
Innovation doesn’t only happen in London. TFT had a catch up with Nasir Zubairi, the CEO of the LHoFT - Luxembourg House of Financial Technology
Fintastico Team
6 months, 1 week
https://thefintechtimes.com/luxembourg-ceo-nasi...
Luxembourg – a Place for the Future | The Fintech Times
Innovation doesn’t only happen in London. TFT had a catch up with Nasir Zubairi, the CEO of the LHoFT - Luxembourg House of Financial Technology
Fintastico Team
6 months, 1 week
https://www.timesunion.com/technology/businessi...
UK fintech Tribe Payments is partnering with UnionPay as part of the Chinese giant's 'aggressive' push into Europe
Thomson Reuters Chinese payments giant UnionPay is going into a partnership with UK fintech startup Tribe Payments. UnionPay is the third largest card and payments provider in the world, after Mastercard and Visa, and has "very aggressive" plans for expansion in Europe, Tribe Payments' CEO told Business Insider. "An IPO is already an aim for the future," says the Tribe Payments CEO. China's largest payments provider UnionPay is making major strides into Europe by launching a partnership with UK fintech start up Tribe Payments. UnionPay was founded in 2002 under a mandate by the People's Bank of China (PBOC) and has issued some 6 billion cards to date. The company's platform has mostly expanded in Asia but has come under increasing competition from disruptive brands like Alipay and Tencent's WeChat Pay. "We have the largest cardholder base in the world," says Wei Zhihong, UnionPay International's market director and head of its European branch. "Working with innovative partners such as Tribe Payments is a key part of our expansion and growth in the European market where we are accepted by 3.3 million merchants in over 40 countries." The state-run giant's expansion is a "a very aggressive move into the European market," says Suresh Vaghjiani, CEO of Tribe Payments, in an interview with Business Insider. "Visa and Mastercard run the show, but UnionPay have a big ambition in this region and we are the first to offer...
Fintastico Team
6 months, 1 week
https://www.sfgate.com/technology/businessinsid...
UK fintech Tribe Payments is partnering with UnionPay as part of the Chinese giant's 'aggressive' push into Europe
Thomson Reuters Chinese payments giant UnionPay is going into a partnership with UK fintech startup Tribe Payments. UnionPay is the third largest card and payments provider in the world, after Mastercard and Visa, and has "very aggressive" plans for expansion in Europe, Tribe Payments' CEO told Business Insider. "An IPO is already an aim for the future," says the Tribe Payments CEO. China's largest payments provider UnionPay is making major strides into Europe by launching a partnership with UK fintech start up Tribe Payments. UnionPay was founded in 2002 under a mandate by the People's Bank of China (PBOC) and has issued some 6 billion cards to date. The company's platform has mostly expanded in Asia but has come under increasing competition from disruptive brands like Alipay and Tencent's WeChat Pay. "We have the largest cardholder base in the world," says Wei Zhihong, UnionPay International's market director and head of its European branch. "Working with innovative partners such as Tribe Payments is a key part of our expansion and growth in the European market where we are accepted by 3.3 million merchants in over 40 countries." The state-run giant's expansion is a "a very aggressive move into the European market," says Suresh Vaghjiani, CEO of Tribe Payments, in an interview with Business Insider. "Visa and Mastercard run the show, but UnionPay have a big ambition in this region and we are the first to offer...
Fintastico Team
6 months, 1 week
https://www.businessinsider.com/china-unionpay-...
UK fintech Tribe Payments is partnering with UnionPay as part of the Chinese giant's 'aggressive' push into Europe
"Visa and Mastercard run the show, but UnionPay have a big ambition in this region and we are the first to offer their platform here."
Fintastico Team
6 months, 1 week
https://www.finextra.com/newsarticle/33917/chin...
China UnionPay to offer European credit cards
The world's biggest card issuer, China UnionPay, has stepped up its European ambitions after striking a deal with a UK back-office startup, Tribe Payments, that will see it offer debit and credit cards in Europe.
Fintastico Team
6 months, 1 week
https://wwd.com/business-news/technology/fashio...
Fashion Fintech Is on Fire
There’s no cooling the financial technology services industry, as payments spark $1.9 trillion in global annual revenue.
Fintastico Team
6 months, 1 week
https://dailyhodl.com/2019/06/02/crypto-not-fin...
Crypto – Not Fintech – Is Innovating the Banking System | The Daily Hodl
FinTech is not innovating the banking system – it’s crypto that is. Here are some reasons why: Many claim that tech companies are disrupting banking. In reality, the two operate their business in exactly the same way. There is no distinction between Alipay or Google Pay and a bank account with your local bank. In …
Fintastico Team
6 months, 1 week
https://cointelegraph.com/news/neo-upgrade-sche...
Neo Upgrade Scheduled For Beginning of June, New Oversize Fee Added
Neo has announced plans to upgrade its mainnet in June with an updated transaction fee system to prevent malicious activity.
Fintastico Team
6 months, 2 weeks
https://www.entrepreneur.com/article/333891
What the Future of Fintech Looks Like
E-payment has become an indispensable and specialized tool for people across the world. How will it evolve in the next five years?
Fintastico Team
6 months, 2 weeks
https://www.business-standard.com/article/compa...
Fintech start-up ToneTag takes sound wave payments tech to Japanese market
The firm decided to foray into the Japanese market, after receiving a patent for its innovation in the country
Fintastico Team
6 months, 2 weeks
https://www.shine.cn/biz/event/1905255420/
Get ready for fintech
Fintech is playing an increasingly important role in the field of finance and is seen by more and mo
Fintastico Team
6 months, 2 weeks
https://themerkle.com/coti-partners-with-fantom...
COTI Partners with Fantom, Taking Technology Beyond the Blockchain - The Merkle Hash
24th May, 2019, Tel-Aviv, Israel While blockchain technology has provided a means of processing transactions in a decentralized fashion, it has faced a number of issues, including low scalability, high costs and slow confirmation speeds. To address these issues, a new technology based on the directed acyclic graph (DAG) was developed and is used both by COTI and Fantom to provide scalability and low fees. Turbo Transactions Fantom’s high TPS and low time to finality (TTF) is possible through the platform’s Lachesis protocol built on the OPERA Chain. This technology will replace existing payment methods and supply chain management infrastructures using dApps that can handle tens of
Fintastico Team
6 months, 3 weeks
https://www.finextra.com/newsarticle/33866/card...
Card issuing firm Marqeta raises $260m
Marqeta has raised $260 million in a Series E funding round led by Coatue Management, valuing the open API card issuing and processing platform at nearly $2 billion.
Fintastico Team
6 months, 3 weeks
https://www.ccn.com/bank-of-china-council-membe...
Owning Bitcoin Legal Despite Govt Trading Ban, Says Bank of China Council
By CCN: According to Sa Xiao, a Council Member at the Bank of China’s Law Research Association, it is legal for individuals to own bitcoin in China despite the government’s blanket ban on trading. CnLedger, a
Fintastico Team
6 months, 3 weeks
https://www.ccn.com/bank-of-china-council-membe...
Owning Bitcoin Legal Despite Govt Trading Ban, Says Bank of China Council
By CCN: According to Sa Xiao, a Council Member at the Bank of China’s Law Research Association, it is legal for individuals to own bitcoin in China despite the government’s blanket ban on trading. CnLedger, a
Fintastico Team
6 months, 3 weeks
https://www.crowdfundinsider.com/2019/05/147617...
Alipay Teams Up With Ininal to Connect Turkish Merchants With Chinese Visitors
Alipay announced on Tuesday that fintech company ininal has become its first partner in Turkey. According to Alipay, ininal is a new-general payment platform and a subsidiary of Multinet Up. The partnership will allow Alipay to be available for Chinese mainland visitor sat bricks-and-mortar stores
Fintastico Team
6 months, 3 weeks
https://finance.yahoo.com/news/best-fintech-sto...
The Best Fintech Stocks to Buy in 2019 and Beyond
Fintech is transforming the financial industry from the inside out, and there will be lots of winners and losers. Before you invest, know these basic guidelines to this growing industry.
Fintastico Team
6 months, 3 weeks
https://www.coindesk.com/digital-renminbi-a-fia...
Digital Renminbi: A Fiat Coin to Make M0 Great Again - CoinDesk
Anonymous, cryptocurrencies could become more important in an environment where government money is closely controlled, says Dovey Wan.
Fintastico Team
6 months, 3 weeks
https://www.caixinglobal.com/2019-05-16/baidu-a...
Baidu Affiliate Looks to Expand Further Into Fintech With Stake in Consumer Finance Firm - Caixin Global
Baidu Affiliate Looks to Expand Further Into Fintech With Stake in Consumer Finance Firm - Baidu Affiliate Looks to Expand Further Into Fintech With Stake in Consumer Finance Firm
Fintastico Team
6 months, 3 weeks
https://cointelegraph.com/news/paying-the-price...
Paying the Price: WeChat Merchants Banned From Crypto Payments
Chinese payment giant WeChat bans crypto payments for merchants.
Fintastico Team
7 months
https://www.bankingtech.com/2019/05/data-privac...
Data privacy firm QEDIT expands reach with three new partners
Follows QEDIT’s $10 million Series A investment round.
Fintastico Team
7 months
https://www.finextra.com/newsarticle/33780/ant-...
Ant Financial joins $10 million funding round in Qedit
Ant Financial has participated in a $10 million fund raise for blockchain-based data privacy startup Qedit.
Fintastico Team
7 months
https://cointelegraph.com/news/chinese-social-m...
Chinese Social Media Giant WeChat Bans Crypto Transactions in Its Payment Policy
Chinese social media giant and payment service provider WeChat banned cryptocurrency transactions in its payments policy.
Fintastico Team
7 months, 1 week
https://cointelegraph.com/news/chinas-tencent-t...
China’s Tencent to Develop Blockchain Medical Tools With Waterdrop After Investment
The internet giant has not revealed details of the plans, which follow Waterdrop’s $75 million Series B funding round.
Fintastico Team
7 months, 2 weeks
https://www.finextra.com/pressarticle/78171/ver...
Verifi hires Hitesh Anand As chief product officer
Verifi, Inc., leading provider of chargeback & dispute mitigation services for card-present and card-not-present merchants, today announced that Hitesh Anand has joined its executive team as Chief Product Officer.
Fintastico Team
7 months, 2 weeks
https://cointelegraph.com/news/neo-30-to-launch...
Neo 3.0 to Launch on New Blockchain Network, Users Will Need to Swap Tokens
The new mainnet for Neo 3.0 is scheduled to launch in the middle of next year, and a testnet is set to go live in June.
Fintastico Team
7 months, 2 weeks
https://www.finextra.com/newsarticle/33713/card...
Card issuing outfit Marqeta signs first European firms
California-based open API card issuing and processing platform Marqeta is driving ahead with its global expansion efforts, signing up its first four European customers.
Fintastico Team
7 months, 2 weeks
https://www.bankingtech.com/2019/04/qr-payment-...
QR payment firm Citcon raises $5m
Catering for the Chinese market.
Fintastico Team
7 months, 3 weeks
https://dailyfintech.com/2019/04/19/rise-of-new...
Rise of new Fintech business models – Emerging economies go lifestyle
Last week, I was interviewing a VC based out of Pakistan. I took away several insights from the conversation, however, there was one major highlight that would stay with me for a long time. There w…
Fintastico Team
7 months, 3 weeks
https://www.finextra.com/newsarticle/33705/twit...
Twitter co-founder Biz Stone joins board of fintech startup R8
Fintech company builder and investment vehicle R8 has raised $5 million in an oversubscribed fund raising round.
Fintastico Team
7 months, 3 weeks
https://www.finextra.com/newsarticle/33704/qr-c...
QR-code-based processor Citcon secures $5 million investment from East West Bank
Citcon, a supporter of QR-based mobile wallets from the likes of Alipay, WeChat Pay and UnionPay, has snared a $5 million raise from California's East West Bank
Fintastico Team
8 months
https://www.coindesk.com/christine-lagarde-pits...
Christine Lagarde Pits Circle Against JPMorgan in IMF Debate - CoinDesk
Decentralized systems are coming for the banks, argued Circle CEO Jeremy Allaire, in a panel Wednesday at the International Monetary Fund.
Fintastico Team
8 months
https://www.finextra.com/blogposting/17105/if-y...
If you can’t beat them, join them
As I continue to look at the 2019 Accenture Banking Trends, this month I will be focusing on the dis...
Fintastico Team
8 months
https://www.finextra.com/blogposting/17107/the-...
The rise and fall of P2P lending in China
When contemplating FinTech in China, Alibaba and Tencent – among the world’s largest FinTech disrupt...
Fintastico Team
8 months, 1 week
https://www.crowdfundinsider.com/2019/04/145982...
Canada’s Regulatory System for Fintech is Complex, Costly and Chaotic. It is Stifling Fintech Innovation
Canada may be a smaller market but it has a robust, highly sophisticated economy and a vibrant Fintech sector. Toronto, the financial center of the country, is home to dozens of Fintechs including payment firms, online lending, AI, wealth management, blockchain and more. Yet while
Fintastico Team
8 months, 1 week
https://www.crowdfundinsider.com/2019/04/146031...
RiverPay Now Enabling Alipay & WeChat Pay Transactions at Brooks Brothers Brand Stores
Integrated payments and marketing platform RiverPay Inc. announced on Wednesday it recently began facilitating payments through Alipay and WeChat Pay, two mobile payment platforms most favored by Chinese consumers, at Brooks Brothers brand stores in key North American travel destinations, including the brand’s flagship store
Fintastico Team
8 months, 1 week
https://www.finextra.com/pressarticle/77897/cha...
Changi Airport taps Liquid Group for roll out of integrated QR payment and marketing platform
Liquid Group is pleased to announce today that it has entered into an agreement with Changi Airport Group to roll out the integrated acceptance of multiple major QR payment apps by merchants located across all four terminals at Changi Airport.
Fintastico Team
8 months, 2 weeks
https://dailyfintech.com/2019/03/29/the-battle-...
The battle of Fintech is over, the battle of TechFin is about to begin
Image Source Jack Ma famously called Alibaba and their tech giant peer group – TechFins, declaring their intention to sneak into financial services. Banks were too focused on their battle wit…
Fintastico Team
8 months, 2 weeks
http://www.americanbanker.com/news/chinese-paym...
Chinese payment giant Alipay downplays U.S. ambitions
The firm wants to expand its acceptance in the United States only to accommodate Chinese tourists, a company official said Thursday. But the CEO of a U.S.-based payments firm expressed skepticism.
Fintastico Team
8 months, 2 weeks
https://www.ccn.com/apple-credit-card-revolutio...
Haters Be Damned: Apple’s Credit Card is its Most Revolutionary Launch Ever
Apple launched a credit card on Monday to a chorus of “so what?” from investors. Apple stock crashed overnight and everyone from CNBC to Huffington Post called it underwhelming. They’re wrong. The Apple credit card is
Fintastico Team
8 months, 3 weeks
https://www.finextra.com/newsarticle/33575/card...
Card issuing outfit Marqeta nears $250m funding round - TechCrunch
Open API card issuing and processing platform Marqeta is closing in on a $250 million Series E round at a $1.875 billion valuation, according to TechCrunch.
Fintastico Team
8 months, 3 weeks
https://www.finextra.com/blogposting/16833/how-...
How fintechs are revolutionizing the customer onboarding process
As per a recent CNBC report (1), In US, fintech companies accounted for 38 percent of all US persona...
Fintastico Team
8 months, 4 weeks
https://www.finextra.com/newsarticle/33539/the-...
The platform ecology model: A deep dive
Eating the dust of Barclaycard’s partnership with Alipay, Finextra reports on the dominance of Ant Financial and Tencent in China and the emergence of the platform ecology business model in South East Asia, which will be dissected in detail at Money20/20 in Singapore this week.
Fintastico Team
8 months, 4 weeks
https://www.crowdfundinsider.com/2019/03/145414...
Barclaycard Announces Partnership With Alipay
Barclaycard, which processes nearly half of the UK’s credit and debit card transactions, announced on Thursday it has formed a new partnership with Alipay, a global payment and lifestyle platform, to allow retailers to accept Alipay transactions in stores across the UK. Barclaycard reported that
Fintastico Team
9 months
https://www.finextra.com/newsarticle/33534/barc...
Barclaycard opens up to Alipay
Barclaycard, which processes nearly half of the UK’s credit and debit card transactions, has extended an existing provisional agreement with Alipay, enabling retailers across the country to accept the Chinese payment app at the point-of-sale.
Fintastico Team
9 months
https://cointelegraph.com/news/crypto-startup-b...
Crypto Startup Behind Alibabacoin Agrees to Stop Using ‘Alibaba’ Name After Legal Action
Dubai-based crypto firm ABBC Foundation agreed to stop using name “Alibaba” after legal action by Chinese e-commerce giant Alibaba Group.
Fintastico Team
9 months, 1 week
https://www.ccn.com/fake-news-japans-largest-ba...
Fake News: Japan’s Largest Bank isn’t Launching a Cryptocurrency
Several crypto media outlets have reported that Japan’s Mizuho, the country's largest bank, and dozens of others are launching a blockchain product. According to Quartz, however, these reports are false in the extreme: J-Coin has
Fintastico Team
9 months, 1 week
https://www.ccn.com/cash-collapse-bitcoin-trans...
Cash 'on the Verge of Collapse' While Bitcoin Transactions Near Record Highs
A new report claims that cash is “on the verge of collapse” in the UK, with cash transactions expected to almost vanish in the next decade. Meanwhile, bitcoin transaction volume is surging towards an all-time high
Fintastico Team
9 months, 1 week
https://dailyfintech.com/2019/03/04/blockchain-...
Blockchain Front Page: Are Apple, Amazon, Google and Facebook the future of banking?
Last week our theme was “Is this end of Bear market or Bull trap?” Our theme for this week is “Are Apple, Amazon, Google and Facebook the future of banking?” Banks started a…
Fintastico Team
9 months, 2 weeks
https://www.finextra.com/blogposting/16738/winn...
Winning PSD2: Amazon, the Chinese, or just your own familiar bank?
PSD2, the new regulation that will open up retail banking… another regulation that triggers very lit...
Fintastico Team
9 months, 2 weeks
https://www.finextra.com/newsarticle/33427/mizu...
Mizuho Bank clinches support of AliPay and UnionPay for J-Coin roll out
Mizuho Bank is on track to launch its new digital currency platform J-Coin Pay on 1 March with the support of 60 regional financial institutions.
Fintastico Team
9 months, 3 weeks
https://cointelegraph.com/news/japanese-banking...
Japanese Banking Giant Mizuho to Launch Its Yen-Pegged Stablecoin in March
Japan’s banking giant Mizuho Financial Group will launch its digital currency platform for payments and remittance services in March.
Fintastico Team
9 months, 3 weeks
https://www.crowdfundinsider.com/2019/02/144725...
Wirecard Teams Up With Tirol Werbung to Launch China Pay Initiative
Germany-based global provider of digital payments and commerce solutions Wirecard announced on Wednesday it has formed a new partnership with Tirol Werbung, the tourism organization of the Austrian state of Tyrol, are launching a new China Pay Initiative together with partners Innsbruck Tourism, Kitzbühel Tourism, the Kufsteinerland Tourism
Fintastico Team
9 months, 3 weeks
https://www.finextra.com/pressarticle/77343/wir...
Wirecard partners Austrian tourism organisation on China Pay initiative
Wirecard, the global innovation leader for digital financial technology, and Tirol Werbung, the tourism organization of the Austrian state of Tyrol, are launching a new China Pay Initiative together with partners Innsbruck Tourism, Kitzbühel Tourism, the Kufsteinerland Tourism Association, Ötztal Tourism, the St. Anton Tourism Association and the Swarovski Kristallwelten.
Fintastico Team
9 months, 3 weeks
https://www.crowdfundinsider.com/2019/02/144600...
Is JPM Coin a Fake Crypto? Critics Question Blockchain Cred
Last week, one of the big Fintech news stories was that JP Morgan Chase (NYSE:JPM) was issuing its own stablecoin anointed JPM Coin. The fact that an old school bank was embracing blockchain tech and going crypto caught the attention of traditional finance and disruptive
Fintastico Team
9 months, 4 weeks
https://www.crowdfundinsider.com/2019/02/144502...
Ant Financial Acquires UK Payments Platform WorldFirst to Further Advance Global Expansion
Ant Financial Services Group (Ant Financial), a China-based tech company and the operator of Alipay, has reportedly acquired UK payments firm, WorldFirst, to further advance its global expansion efforts. This news comes less than a couple of months after Ant Financial began acquisition talks. It was
Fintastico Team
10 months
https://cointelegraph.com/news/major-crypto-exc...
Major Crypto Exchanges Launch OTC Desks Despite the Crypto Winter
The world’s biggest crypto exchanges are launching OTC desks for institutional investors.
Fintastico Team
10 months
https://www.ccn.com/bitcoin-only-square-ceo-jac...
Jack Doesn't Want to Integrate Any Other Cryptocurrency Apart From Bitcoin on Square
Square and Twitter CEO Jack Dorsey has made it very clear that Square will only support Bitcoin (BTC) in the foreseeable future.
Fintastico Team
10 months, 1 week
https://www.crowdfundinsider.com/2019/02/144137...
Wirecard Enables Mobile Payments Through Alipay at Department Store Chain Stockmann
Germany-based global provider of digital payments and commerce solutions Wirecard announced on Tuesday it has integrated Alipay as a payment method in the department stores in the Baltics operated by Stockmann. According to Wirecard, the Stockmann Group offers a wide range of fashion, beauty, home products, and food
Fintastico Team
10 months, 1 week
https://www.finextra.com/blogposting/16627/ecom...
eCommerce is coming to a store near you
Despite payment vendors continuing to develop strategies for omnichannel, it is still a moving targe...
Fintastico Team
10 months, 1 week
https://cointelegraph.com/news/report-alipay-an...
Report: Alipay and WeChat Pay Require Huobi to Remove Payment Methods from OTC Desk
Chinese payment giants Alipay and WeChat Pay reportedly requested Huobi to remove their services from its OTC trading desk.
Fintastico Team
10 months, 2 weeks
https://www.ccn.com/samsung-pay-may-integrate-c...
Samsung Pay May Integrate Crypto on Millions of Smartphones, Starting With the Galaxy S10 - What's the Realistic Impact?
According to a report from The Korea Herald, Samsung Pay could integrate crypto into the Samsung Galaxy S10, which may fuel mainstream adoption.
Fintastico Team
10 months, 3 weeks
https://www.finextra.com/newsarticle/33229/alip...
Alipay awarded e-money licence in Luxembourg
Alipay, the mobile payment arm of Chinese behemoth Alibaba, has been granted an e-money licence in Luxembourg.
Fintastico Team
11 months
https://www.ccn.com/pakistans-first-blockchain-...
Pakistan’s First Blockchain-Based Remittance Service Launched Using Alipay’s Technology
A Pakistani financial institution has rolled out a cross-border remittance service based on blockchain technology developed by Alibaba affiliate, Alipay. Telenor Microfinance Bank and Malaysian fintech firm Valyou have partnered to offer the service to that will operate between Malaysia and Pakistan. The service is expected to enhance the efficiency and speed of remittances from
Fintastico Team
11 months
https://www.finextra.com/newsarticle/33194/open...
Open Banking year one: Insights from the CMA9 and more
A review of the first year of the UK’s groundbreaking experiment in Open Banking. What worked? What didn’t? And what next?
Fintastico Team
11 months
https://www.ccn.com/pakistan-taps-blockchain-de...
Pakistan Uses Blockchain Developed by $150B Alipay, But No Bitcoin
Pakistan is using a blockchain platform developed by Alibaba’s Alipay. But, cryptocurrencies like Bitcoin remain banned in the country for payments.
Fintastico Team
11 months
https://www.finextra.com/newsarticle/33184/alip...
Alipay powers blockchain remittances for Pakistani bank
Pakistan's Telenor Microfinance Bank has introduced a cross-border remittance service powered by blockchain technology from China's Ant Financial.
Fintastico Team
11 months
https://www.crowdfundinsider.com/2019/01/143114...
Australian Business Only Bank Tyro Announces Alipay Integration With Sydney Airport Retailer Heinenmann Australia
Tyro, an Australia-based challenger business bank, announced on Wednesday its Alipay integration with Sydney Airport tax and duty-free retailer Heinemann Australia, where the payment system is now live. Tyro claims it is the first Australian bank to offer Alipay to its merchants with Heinemann Gold Coast International
Fintastico Team
11 months
https://www.coindesk.com/pakistani-bank-teams-w...
Pakistani Bank Teams With Alipay for Blockchain Remittances - CoinDesk
Pakistan-based Telenor Microfinance Bank has launched a remittances service using blockchain tech from Alipay.
Fintastico Team
11 months
https://www.finextra.com/pressarticle/76887/tyr...
Tyro intgrates Alipay with Sydney airport retailer
Australia’s business-only bank Tyro, announced its next Alipay integration with Sydney Airport tax and duty-free retailer Heinemann Australia, where the payment system is now live.
Fintastico Team
11 months
https://cointelegraph.com/news/pakistan-telenor...
Pakistan Telenor Subsidiary Launches Remittance Service Using Alipay’s Blockchain Tech
A new blockchain-powered platform, backed by Alipay’s blockchain technology, will deliver cross-border remittance service between Pakistan Malaysia.
Fintastico Team
11 months
https://cointelegraph.com/news/japanese-banks-l...
Japanese Banks Launching Digital Currencies Could Inspire the Traditional Cash Society
Can a largely cash-based society become the leader in bank-issued digital currencies?
Fintastico Team
11 months, 1 week
https://www.ccn.com/china-anti-crypto-central-b...
China: Anti-Crypto Central Bank Worried Cash Losing Relevance
According to a newly released report by the FT, the adoption of digital payment systems is increasing at such a rapid rate that the People’s Bank of China (PBoC) is concerned about the declining relevance
Fintastico Team
11 months, 1 week
https://www.finextra.com/newsarticle/33149/ant-...
Ant Financial in talks to buy WorldFirst
Alibaba's financial service brand Ant Financial is in advanced talks to buy UK currency transfer service WorldFirst, according to reports by Sky News.
Fintastico Team
11 months, 1 week
https://www.finextra.com/newsarticle/33150/chin...
China's DiDi introduces in-app financial services
Chinese ride-hailing firm Didi Chuxing is moving into financial services, adding mutual protection, personal credit and automobile financing products to its mobile app.
Fintastico Team
11 months, 2 weeks
https://www.crowdfundinsider.com/2018/12/142764...
Ant Financial Reportedly in Talks to Acquire UK Payments Firm WorldFirst For $700 Million
Ant Financial Services Group (Ant Financial), a China-based tech company and the operator of Alipay, is reportedly in talks to acquire UK payments firm, WorldFirst, for $700 million. According to Sky News, Ant Financial has been in talks to purchase WorldFirst for the past several months.
Fintastico Team
11 months, 3 weeks
https://www.crowdfundinsider.com/2018/12/142611...
Commonwealth Bank Brings Alipay to Albert Touchscreen Devices
Commonwealth Bank of Australia (CBA) announced on Thursday Alipay is now available on its Albert touchscreen devices. CBA claims it will become the first major bank to provide Alipay to customers in store and with nearly 900 million users choosing to pay for goods and
Fintastico Team
11 months, 3 weeks
https://www.finextra.com/pressarticle/76829/cba...
CBA adds Alipay option to Albert POS
Leading payments technology in Australia, Commonwealth Bank will become the first major bank to provide Alipay to customers in store.
Fintastico Team
11 months, 3 weeks
https://www.finextra.com/blogposting/16465/norw...
Norway prefers Alipay to Apple Pay
from Alizila Nordics are awesome in so many ways. And one of those is my favorite fintech. We are
Fintastico Team
11 months, 3 weeks
https://dailyfintech.com/2018/12/20/insurtech-f...
Insurtech Front Page Weekly CXO Briefing – Blockchain not dead in insurance
The Theme last week was Incumbents on customer engagement. The Theme this week is Blockchain not dead in insurance. Blockchain, or cryptocurrency is dead for many investors, but it is still a promi…
Fintastico Team
11 months, 3 weeks
https://www.ccn.com/chinese-internet-court-to-u...
Chinese Internet Court Uses Blockchain To Combat Online Plagiarism
An Internet Court launched in Eastern Chinese City Hangzhou will now use blockchain to fight plagiarism for online writers, local Chinese news outlet China.org.cn reported. China launched its first internet court in the city of Hangzhou
Fintastico Team
11 months, 3 weeks
https://www.finextra.com/blogposting/16453/russ...
Russia wants to adapt its payment laws to market reality
“Central Bank of Russia takes control over foreign payment systems and e-wallets”, “Alipay and WeCha...
Fintastico Team
11 months, 3 weeks
https://www.finextra.com/newsarticle/33128/glob...
Global ATM market on the wane as China migrates to digital payments
Global ATM installations are set to fall for the time as the mega Chinese market switches away from cash to digital payments.
Fintastico Team
1 year
https://www.ccn.com/oxfam-formally-launches-blo...
Oxfam Formally Launches Blockchain Platform for Rice Farmers in Cambodia
Oxfam has launched a blockchain project for farmers dubbed BloCRice, which seeks to increase the bargaining power of farmers by digitally connecting every player in the supply chain on one platform, local Cambodian news outlet reports.
Fintastico Team
1 year
https://www.finextra.com/blogposting/16310/wech...
WeChat Pay in Russia
Previously, I wrote a couple of articles on Alipay and WeChat Pay, their history and strategy, the
Fintastico Team
1 year
https://www.finextra.com/newsarticle/32967/alip...
Alipay wins scan-to-ride QR code payment deal for Hong Kong subway
Alipay has won a competitive bid to be the sole QR code payment provider for passengers on the Hong Kong subway.
Fintastico Team
1 year
https://www.pymnts.com/news/international/globa...
Wirecard Brings Mobile Payments to Stuttgart | PYMNTS.com
Welcome to The Axis, your late look at payments news from around the world. Coverage includes Wirecard teaming up with Stuttgart-Marketing GmbH to create the “first official China Pay City in Germany.” In addition, Google is bringing Google Pay to the UAE, and AlipayHK plans to bring quick-response (QR) code payments to a transportation system in Hong […]
Fintastico Team
1 year
https://www.finextra.com/pressarticle/76406/m-c...
M-commerce fastest growing sales channel in US
Mobile commerce (m-commerce) continues its ascent to dominance among Americans as it is now the fastest growing shopping channel, growing 15 percent annually in the U.S. – according to new data from leading payments technology company, Worldpay (NYSE: WP; LSE: WPY).
Fintastico Team
1 year
https://www.pymnts.com/news/fintech-investments...
Ant Financial As A Technology Services Company | PYMNTS.com
Ant Financial, the Alibaba affiliate, expects its core business will be technology services down the road as it expands beyond only payments. In an interview with CNBC, Ant Financial chief executive Eric Jing said Ant Financial views itself as a technology company, and that Alipay — its digital payment service that has more than 700 […]
Fintastico Team
1 year
https://bankinnovation.net/2018/11/3-notable-fi...
3 Notable Fintech Funding Rounds in November | Bank Innovation | Bank Innovation
Venture-backed fintech funding saw a dip in value and deals globally in the third quarter, compared with the record high 2Q quarter, according to a CBInsights
Fintastico Team
1 year
https://www.pymnts.com/news/international/globa...
Western Union Teams With HKT Payment Limited | PYMNTS.com
Welcome to The Axis, your late look at payments news from around the world. Coverage includes The Western Union Company’s tie-up with Hong Kong’s HKT Payment Limited for money transfers. In addition, MAYBANK is working with KFC Malaysia to bring QR code payments to restaurants in Malaysia and the Duty Free Philippines (DFPC) is planning to […]
Fintastico Team
1 year
https://www.pymnts.com/news/retail/2018/chinese...
Consumers Pay With Biometrics on Singles' Day | PYMNTS.com
Alibaba’s Singles’ Day shopping event on Nov. 11 was a huge success; with $30.8 billion in transactions, it surpassed Cyber Monday and Black Friday combined. According to a report, Singles’ Day also shone a light on the preference of consumers in China to use biometrics to pay for things. Citing Alipay, the payment affiliate of […]
Fintastico Team
1 year
https://www.pymnts.com/news/international/globa...
Bingxi Culture Works With Alipay For Art | PYMNTS.com
Welcome to The Axis, your late look at payments news from around the world. Coverage includes the launch of China’s Bingxi Culture “art sharing” platform that enables people to lease out art using Alipay. In addition, Razer’s mobile wallet dubbed Razer Pay may come to tens of thousands of point-of-sale (POS) terminals in Singapore, and a Worldpay […]
Fintastico Team
1 year
https://www.ccn.com/study-demand-for-crypto-fro...
Study: Demand For Crypto From Millennials Continuing to Rise Rapidly
According to a study conducted by Edelman, crypto still remains as a preferable long-term investment amongst millennial investors.
Fintastico Team
1 year
http://news.google.com/news/url?sa=t&fd=R&ct2=u...
Five ways banks are responding to the fintech threat
Acquisitions, partnerships and ‘digital attacker’ approach are among the defences
Fintastico Team
1 year
https://cointelegraph.com/news/skirting-the-gre...
Skirting the Great Wall, Part Three: The Paradox of Cryptocurrencies in China
In the last of Cointelegraph’s three part series on the history of crypto in China, we look at the apparent anomalies that govern crypto’s use, ownership, and legal status in the country.
Fintastico Team
1 year
http://news.google.com/news/url?sa=t&fd=R&ct2=u...
Five ways banks are responding to the fintech threat
Acquisitions, partnerships and ‘digital attacker’ approach are among the defences
Fintastico Team
1 year
https://www.pymnts.com/news/retail/2018/singles...
Singles Day: This Weekend's $25B Shopping Event | PYMNTS.com
When Singles Day launched nearly a decade ago, the then-fledgling eCommerce brand Alibaba didn’t really think they were changing the face of commerce in its nation. By even their own accounts, their aims were much more modest – they were just looking for some kind of marketing event to draw attention to its new online marketplace, […]
Fintastico Team
1 year
https://www.pymnts.com/news/international/2018/...
Alipay Teams With UEFA for Mobile Payments | PYMNTS.com
With a new commerce deal for the soccer world, Ant Financial’s Alipay has partnered with Europe’s UEFA to bring its platform to events sanctioned by the organization’s men’s national team. Terms of the arrangement, which is said to have a duration of eight years, were not made public, CNBC reported. “I think the future of football as […]
Fintastico Team
1 year, 1 month
https://www.pymnts.com/news/retail/2018/innovat...
How JCrew, H&M Are Pushing Payment Innovation | PYMNTS.com
In a bid to increase loyalty, merchants are driving innovations in their stores. To that end, some brick-and-mortar retailers have begun to offer rewards programs for the very first time to bring shoppers through their doors. The idea? Retailers are taking new approaches to the way they attract customers. J.Crew, for instance, has a new […]
Fintastico Team
1 year, 1 month
https://www.pymnts.com/news/b2b-payments/2018/w...
WorldFirst Launches SMB Accounts In China | PYMNTS.com
Cross-border payments firm WorldFirst is launching operations in mainland China through the rollout of its localized brand name and multi-currency accounts for small businesses in the country. In an announcement made Tuesday (November 6) on its blog, WorldFirst said its local brand, which translates to “transfers, even miles away,” offers businesses a platform to send […]
Fintastico Team
1 year, 1 month
http://news.google.com/news/url?sa=t&fd=R&ct2=u...
Fintastico Team
1 year, 1 month
https://www.finextra.com/blogposting/16261/does...
Does Singapore need wallets?
“I’m sorry, we are just not that innovative here”, said bartender in Ritz-Carlton hotel in Singapore...
Fintastico Team
1 year, 1 month
https://www.moneymakers.com/china-has-more-1-bi...
China Has More $1 Billion Unicorns Than the US
Got a Business Idea? Get Our Expert Opinion and Feedback Here! The latest Hurun Report from China on Friday revealed the number of Chinese startups worth $1 billion has overtaken the number of US startups worth the same amount. China has added 34 “unicorns” in Q3 of 2018, taking China’s total to 181 compared to […]
Fintastico Team
1 year, 1 month
https://cointelegraph.com/news/skirting-the-gre...
Skirting the Great Wall: The Chequered Saga of Crypto in China, 2018
Part two of Cointelegraph’s three-part series on the history of crypto regulations in China, as authorities redoubled their efforts to strike an elusively fatal blow to the industry.
Fintastico Team
1 year, 1 month
https://www.pymnts.com/news/retail/2018/starbuc...
Starbucks Beats Estimates Amid Innovation | PYMNTS.com
Amid strong performance in beverages and digital relationships, Starbucks beat earnings and revenue estimates for the fourth quarter. The coffee quick-service restaurant (QSR) chain reported revenues of $6.3 billion and earnings per share of 62 cents compared to analysts’ estimates of $6.27 billion and 60 cents. In the fourth quarter, the company continued to advance […]
Fintastico Team
1 year, 1 month
https://www.pymnts.com/news/retail/2018/starbuc...
Starbucks Beats Estimates Amid Innovation | PYMNTS.com
Amid strong performance in beverages and digital relationships, Starbucks beat earnings and revenue estimates for the fourth quarter. The coffee quick-service restaurant (QSR) chain reported revenues of $6.3 billion and earnings per share of 62 cents compared to analysts’ estimates of $6.27 billion and 60 cents. In the fourth quarter, the company continued to advance […]
Fintastico Team
1 year, 1 month
https://www.pymnts.com/news/retail/2018/digital...
How Platforms Are Driving Payments Innovation | PYMNTS.com
To meet the demands of consumers hungry for digital payment options, a growing number of online platforms are changing the way that consumers pay for their services. They are expanding their payment choices, as, at the same time, brick-and-mortar retailers are opening up to a world of digital payments. Some online platforms like Uber are […]
Fintastico Team
1 year, 1 month
https://www.pymnts.com/news/retail/2018/digital...
How Platforms Are Driving Payments Innovation | PYMNTS.com
To meet the demands of consumers hungry for digital payment options, a growing number of online platforms are changing the way that consumers pay for their services. They are expanding their payment choices, as, at the same time, brick-and-mortar retailers are opening up to a world of digital payments. Some online platforms like Uber are […]
Fintastico Team
1 year, 1 month
https://bankinnovation.net/2018/11/can-qr-codes...
Can QR Codes Make It in America? SwiftPass Thinks So | Bank Innovation | Bank Innovation
The scale of mobile payments in China staggers the Western imagination. In 2017, $15.4 trillion in mobile payments were processed, 54% by Alipay, and 39% by
Fintastico Team
1 year, 1 month
https://www.finextra.com/pressarticle/76208/tyr...
Tyro implements Alipay for Australian merchants
Australia’s business-only bank Tyro, announced it has gone live with its first merchant implementing Alipay, in an Australian banking first.
Fintastico Team
1 year, 1 month
https://www.finextra.com/pressarticle/76214/lat...
Lattice80 to run fintech blockchain accelerator in Hong Kong
LATTICE80 announces the launch of a SDG Blockchain Accelerator at the Hong Kong FinTech Week.
Fintastico Team
1 year, 1 month
https://cointelegraph.com/news/will-small-compa...
Will Small Companies Beat Large Corporations if They Use Blockchain?
An American Blockchain startup aims for the mass adoption of cryptocurrency and blockchain with a chain of agnostic protocols to process business transactions.
Fintastico Team
1 year, 1 month
https://www.pymnts.com/news/international/2018/...
Adyen Expands Payments Platform Into Canada | PYMNTS.com
Adyen, the payments platform company, announced Tuesday (Oct. 30) that it has expanded into Canada and landed four new customers. In a press release, Adyen said it was chosen by Dollar Shave Club, Adidas, Busbud and Canada Goose to process payments. The company said the expansion into Canada brings a unified commerce capability to domestic and […]
Fintastico Team
1 year, 1 month
https://www.pymnts.com/news/b2b-payments/2018/a...
Alipay Launches SMB Services In China | PYMNTS.com
Chinese payments conglomerate Alipay is ramping up its B2B services with a new suite of offerings for small businesses (SMBs). Reports in Financial IT on Monday (Oct. 29) said Alipay is introducing a range of solutions for small businesses to support growth of China’s SMB community. They include business intelligence solutions like analysis and support […]
Fintastico Team
1 year, 1 month
https://www.finextra.com/blogposting/16216/cash...
Cashless Iceland
When I was going to Iceland I thought there would be nothing much to say about payment habits in thi...
Fintastico Team
1 year, 1 month
https://www.pymnts.com/news/ipo/2018/pintec-con...
Pintec Plans Alt Consumer Ecosystems Post IPO | PYMNTS.com
Pintec Technology Holdings Limited may not be a household name in the U.S., but it ended last week with a some very strong results on the American stock exchange. The firm, which provides an open platform that makes it possible for financial institutions (FIs) and businesses to access a variety of financial services, raised $44 […]
Fintastico Team
1 year, 1 month
https://www.coindesk.com/in-koreas-ruling-party...
In Korea's Ruling Party, A Lawmaker Commits to Ending the ICO Ban - CoinDesk
A powerful new voice is standing up to South Korea's ICO ban.
Fintastico Team
1 year, 1 month
https://cointelegraph.com/news/skirting-the-gre...
Skirting the Great Wall: The Chequered Saga of Crypto in China, 2013-2017
In the first of a three-part series, CT looks back at Chinese authorities’ attempts to make the People’s Republic impregnable to the crypto phenomenon, and the industry response.
Fintastico Team
1 year, 1 month
https://thefintechtimes.com/six-payment-alipay/
SIX Payment Services Supports Europe’s High-End Retailers to Accept Alipay | The Fintech Times
Chinese travellers will now be able to use their trusted and convenient way of paying through the Alipay mobile app at high-end retail stores in Europe.
Fintastico Team
1 year, 1 month
https://www.finextra.com/pressarticle/76126/eur...
European mobile payment outfit Bluecode receives growth capital investment of €11.2 million
Bluecode, a mobile payment solution developed in Austria for European banks and retailers, has recently announced a partnership with Alipay, the world’s largest payment platform by Alibaba, the Chinese internet giant.
Fintastico Team
1 year, 1 month
https://www.ccn.com/is-bitcoin-primed-to-initia...
Is Bitcoin Primed to Initiate a Rally Above $7,000 After Weeks of Stability?
Throughout the past ten days, the Bitcoin price has remained in a tight range from $6,300 to $6,500, rarely initiating a noticeable movement.
Fintastico Team
1 year, 1 month
https://www.finextra.com/pressarticle/76087/lat...
Lattice80 opens new fintech hub in Hong Kong
LATTICE80, the World’s Largest Fintech Hub headquartered in London opens a new Fintech Hub in Hong Kong.
Fintastico Team
1 year, 1 month
https://www.finextra.com/pressarticle/76042/wir...
Wirecard wins TAV Operation Services as new client for Alipay payments in airport lounges worldwide
Wirecard, the global innovation leader in digital financial technology, today announced it has extended its successful partnership with Alipay to support TAV Airports subsidiary TAV Operation Services Co.
Fintastico Team
1 year, 1 month
https://www.finextra.com/pressarticle/76043/ali...
Alipay to be made available in Seoul taxis via kakaopay
Following the introduction of QR-code payment in more than 71,000 taxis in Seoul, all taxis in Seoul will accept Alipay beginning in January 2019.
Fintastico Team
1 year, 1 month
https://www.pymnts.com/news/ecommerce/2018/ppro...
PPRO Talks Cross-Border Online Commerce | PYMNTS.com
In eCommerce, the readiness is all, to steal a line from Shakespeare. Merchants who have made the leap from bricks and mortar to clicks here in the U.S. have capitalized on a sea change in how we pay. Cross-border online commerce — awash with opportunities to claim new customers and, of course, grow top lines — […]
Fintastico Team
1 year, 1 month
https://www.pymnts.com/news/ecommerce/2018/ppro...
PPRO Talks Cross-Border Online Commerce | PYMNTS.com
In eCommerce, the readiness is all, to steal a line from Shakespeare. Merchants who have made the leap from bricks and mortar to clicks here in the U.S. have capitalized on a sea change in how we pay. Cross-border online commerce — awash with opportunities to claim new customers and, of course, grow top lines — […]
Fintastico Team
1 year, 1 month
http://news.google.com/news/url?sa=t&fd=R&ct2=u...
Fintastico Team
1 year, 1 month
https://www.pymnts.com/news/retail/2018/alibaba...
Alibaba's 'Singles Day' Marks A Decade | PYMNTS.com
After starting out as an occasion celebrated by university students, China’s Alibaba helped popularize the country’s Singles Day as a retail shopping event. This year, the annual event turns 10, and the Chinese eCommerce retailer is billing this year’s ocassion as “the largest-ever in terms of scale and reach.” In a press release, Alibaba Group […]
Fintastico Team
1 year, 1 month
http://news.google.com/news/url?sa=t&fd=R&ct2=u...
Fintastico Team
1 year, 1 month
http://news.google.com/news/url?sa=t&fd=R&ct2=u...
Fintastico Team
1 year, 1 month
https://www.crowdfundinsider.com/2018/10/140353...
LATTICE80 Plans New Fintech Hub in Hong Kong
LATTICE80, a Fintech Hub that migrated its headquarters from Singapore to London, reports it will open a new Fintech Hub in Hong Kong. Supported by the Marvelstone Group, LATTICE80 seeks to connect Fintech Startups, Financial Institutions & Corporates, Government Institutions and the Public to build
Fintastico Team
1 year, 1 month
http://news.google.com/news/url?sa=t&fd=R&ct2=u...
Fintastico Team
1 year, 1 month
http://news.google.com/news/url?sa=t&fd=R&ct2=u...
Fintastico Team
1 year, 1 month
https://www.coindesk.com/what-chinas-cashless-r...
What China's Cashless Revolution Can Teach the West About Crypto - CoinDesk
China appears to have achieved the crypto community's dream of a new internet of value, without blockchain. But there's more than meets than eye here.
Fintastico Team
1 year, 1 month
https://www.pymnts.com/news/security-and-risk/2...
Apple Apologizes for Security Breach in China | PYMNTS.com
Apple, nearly a week after it emerged that some Apple IDs were stolen in China, apologized for the hacking, saying in a statement that it found “a small number of our users’ accounts” had been accessed via a phishing scam, reported The Wall Street Journal. According to the report, Apple went on to say in […]
Fintastico Team
1 year, 1 month
https://cointelegraph.com/news/nouriel-dr-doom-...
Nouriel “Dr. Doom” Roubini: “99 Percent of Cryptocurrencies are Worth Zero”
An interview with Mr. Roubini about “buggy” smart contracts, Ethereum being a scam, why he might want to give the industry another try
Fintastico Team
1 year, 1 month
https://www.crowdfundinsider.com/2018/10/140116...
Ant Financial Teams Up With IFC to Launch Financial Inclusion Program
International Financial Corporation (IFC), a member of the World Bank Group, and Ant Financial Services Group (Ant Financial), a China-based tech company and the operator of Alipay, announced on Monday the launch of their new 10x1000 Tech for Inclusion program at the 2018 Annual Meetings
Fintastico Team
1 year, 1 month
https://www.finextra.com/pressarticle/75859/ant...
Ant Financial and IFC launch financial inclusion programme
International Financial Corporation (“IFC”), a member of the World Bank Group, and Ant Financial Services Group (“Ant Financial”), the world’s leading tech company and the operator of Alipay, jointly announced the 10x1000 Tech for Inclusion programme at the 2018 Annual Meetings of the International Monetary Fund and the World Bank Group.
Fintastico Team
1 year, 1 month
https://cointelegraph.com/news/nouriel-dr-doom-...
Nouriel “Dr. Doom” Roubini: “99 Percent of Cryptocurrencies are Worth Zero”
An interview with Mr. Roubini about “buggy” smart contracts, Ethereum being a scam, why he might want to give the industry another try
Fintastico Team
1 year, 1 month
https://www.finextra.com/pressarticle/75851/uni...
UniCredit Hungary signs deal with Alipay
UniCredit Bank Hungary and Alipay have signed an agreement, the first in the country, making China's most widespread mobile payment method available to Chinese visitors coming to Hungary from 2019
Fintastico Team
1 year, 1 month
https://thefintechtimes.com/nuggets-devery-reta...
Nuggets and Devery Ready For Retail Blockchain | The Fintech Times
Nuggets, the blockchain payments and ID platform, has announced a strategic partnership with the provenance and verification blockchain provider, Devery.
Fintastico Team
1 year, 1 month
https://www.crowdfundinsider.com/2018/10/140045...
Crypto Entrepreneurs Mount China's Rich List
Fourteen cryptocurrency million- and billionaires have made their way onto a list of China's richest individuals for the first time, says Bitcoin.com. Perhaps predictably, at the very top of 'The 2018 Lexus Lexus Huron Rich List,' in spots one to three, appear the entrepreneurs behind
Fintastico Team
1 year, 1 month
https://www.pymnts.com/news/security-and-risk/2...
Alipay Users' Money Stolen Via Hacked Apple IDs | PYMNTS.com
Alipay, the mobile payment app, said Wednesday (October 10) that hackers stole money from accounts via stolen Apple IDs. Reuters, citing Ant Financial, the payment affiliate of Alibaba, reported the Chinese company said the issue hasn’t been resolved even though it reached out to Apple already. In a post on its Toutiao social media account, […]
Fintastico Team
1 year, 2 months
http://news.google.com/news/url?sa=t&fd=R&ct2=u...
Fintastico Team
1 year, 2 months
https://www.finextra.com/blogposting/16113/oh-d...
Oh dear, cash in China!
Trips to China are routine to me, but this hot August of 2018 was something special. Never before di...
Fintastico Team
1 year, 2 months
https://www.finextra.com/pressarticle/75807/nug...
Nuggets and Devery collaborate on product authentication and payment platform
Nuggets, the blockchain-enabled payments and ID platform, has today announced a strategic partnership with the product provenance and verification blockchain provider, Devery.
Fintastico Team
1 year, 2 months
https://www.ccn.com/jack-ma-i-pay-special-atten...
Jack Ma Pays Attention to Blockchain & Bitcoin to Create Cashless Society
Jack Ma has said that he pays special attention to Bitcoin and blockchain technology, and the potential of establishing a cashless society.
Fintastico Team
1 year, 2 months
https://thefintechtimes.com/escrow-service-trust/
Escrow-as-a-Service: Moving Towards a Global System of Trust | The Fintech Times
Trust is one of the most crucial issues for the global economy, particularly when establishing trust-based relationships between buyers and sellers.
Fintastico Team
1 year, 2 months
https://www.pymnts.com/news/international/globa...
CANCAN Teams With WorldFirst Payments Platform | PYMNTS.com
Welcome to The Axis, your late look at payments news from around the world. Coverage includes CANCAN and WorldFirst’s rollout of a platform for WeChat Pay and Alipay payments in Europe. In addition, Alipay payments spiked at international destinations during a public holiday in China, and Australia’s Westpac is giving its customers the ability to make mobile […]
Fintastico Team
1 year, 2 months
https://www.finextra.com/blogposting/16099/alip...
Alipay and WeChat Pay: history and strategy
What happened in China makes now the whole world pay very close attention. First, back in 2004 when ...
Fintastico Team
1 year, 2 months
https://www.crowdfundinsider.com/2018/10/139867...
Mobile Payment Specialist CANCAN Partners With WorldFirst to Launch Alipay & WeChat Payments Across Europe
Mobile payments specialist CANCAN announced on Monday it has teamed up with international payments specialist WorldFirst to launch payments and marketing platform that enables Chinese payments methods Alipay and WeChat Pay across Europe. Founded in 2015, CANCAN enables payments and promotions globally through its omnichannel platform,
Fintastico Team
1 year, 2 months
https://www.finextra.com/blogposting/16098/offe...
Offering Value Above All Else
Removing concerns over liquidity I have the honor to work in one of the oldest cryptocurrency excha...
Fintastico Team
1 year, 2 months
https://www.pymnts.com/news/international/globa...
Global Payments Teams With Alipay | PYMNTS.com
Welcome to The Axis, your late look at payments news from around the world. Coverage includes Global Payments’ tie-up with Alipay to serve Chinese tourists in the U.K. In addition, Grab and Fave are teaming up through a strategic partnership in Asia, and KKR and Tencent plan to invest in Voyager Innovations in the Philippines. Global Payments is […]
Fintastico Team
1 year, 2 months
https://www.finextra.com/pressarticle/75732/glo...
Global Payments partners with Alipay in the UK
Global Payments Inc. (NYSE: GPN), a leading worldwide provider of payment technology and software solutions, today announced that it has formed a new partnership in the UK with Alipay, the world’s largest online and mobile payment platform operated by Ant Financial Services Group (“Ant Financial”, “Ant”).
Fintastico Team
1 year, 2 months
http://news.google.com/news/url?sa=t&fd=R&ct2=u...
Here is Why Flipkart is Keen to Enter the Financial Services Sector
Fintech players combined in India have barely scraped the surface of the opportunities that lie ahead.
Fintastico Team
1 year, 2 months
https://www.finextra.com/pressarticle/75708/cim...
CIMB cracks the terminal QR code for mobile wallets
CIMB Bank Berhad (“CIMB Bank”) has introduced Quick Response (QR) Payment Acceptance at CIMB terminals, a first- in-the market QR payment acceptance to accept Six major mobile wallets on one terminal.
Fintastico Team
1 year, 2 months
https://www.pymnts.com/news/international/globa...
Marks & Spencer Rolls Out 'Mobile, Pay, Go' | PYMNTS.com
Welcome to The Axis, your late look at payments news from around the world. Coverage includes Marks & Spencer’s roll out of its “Mobile, Pay, Go” service in the U.K. In addition, Malaysia’s CIMB Bank is bringing multi-QR terminals to merchants, and First Abu Dhabi Bank (FAB) is using sound waves in a payment system. The […]
Fintastico Team
1 year, 2 months
https://www.pymnts.com/news/faster-payments/201...
Minor League Baseball, Jumbo Shrimp And A Payments Payroll Changeup
As faster payment schemes emerge and expand, financial institutions (FIs) and businesses uncertain about real-time payments need to know what the developments mean for them — and how they should respond. That means deciding whether it’s worth engaging with the schemes and, if so, deciding which ones. FIs and companies need to understand what they […]
Fintastico Team
1 year, 2 months
https://www.ccn.com/a-heart-beat-chinas-oldest-...
A Heart Beat: China’s Oldest Tech Publication to Accept Bitcoin Payments
Beijing Sci-Tech Report (BSTR), the oldest technology publication in China, has recently announced that it will soon accept Bitcoin on its platform.
Fintastico Team
1 year, 2 months
https://www.crowdfundinsider.com/2018/09/139520...
How Chinese Investors are Circumventing the ICO and Crypto Ban
Xinhua News has confirmed that citizens in China are using various types of evasion to continue investing in ICO's and crypto despite a comprehensive ban there. Essentially, the crackdown has pushed Chinese crypto activity underground: exchanges have moved off shore, there has been a boost in
Fintastico Team
1 year, 2 months
https://www.pymnts.com/news/payments-innovation...
Faster Payments System Goes Live In Hong Kong | PYMNTS.com
Hong Kong has launched the Faster Payments System (FSP), which allows users to send money almost instantly using a mobile number or email address as an account proxy. In March, the Hong Kong Monetary Authority (HKMA) announced plans to introduce a faster payments system that will link into 20 banks and eight electronic payment operators, with […]
Fintastico Team
1 year, 2 months
https://www.finextra.com/newsarticle/32703/hong...
Hong Kong faster payment platform goes live
Hong Kong has joined the faster payments club, launching a system that lets users send money nearly instantly to recipients using a mobile number or email address as an account proxy.
Fintastico Team
1 year, 2 months
https://www.crowdfundinsider.com/2018/09/139338...
Young Woman in China Lives Exclusively on Bitcoin for 21 Days
Support has been snowballing for a young woman attempting to live exclusively on .21 Bitcoin (about $1300) for 21 days in crypto-hostile China, Bitcoin.com reports. He Youbing's experiment is being documented by a Chinese subscription channel, and 17 episodes of Bitcoin Girl 21 Days Digital Survival
Fintastico Team
1 year, 2 months
https://www.pymnts.com/news/international/globa...
The Payments Innovation Guide to Going Global
Whether in Australia, India, Europe or the United States, mobile phones aren’t just driving interconnectivity, but are the key channel driving innovation in payments and commerce. Still, even in this digital world, where everyone and everything is connected via mobile, going global can be tough for a company looking to expand its operations abroad. Payments […]
Fintastico Team
1 year, 2 months
http://news.google.com/news/url?sa=t&fd=R&ct2=u...
The Global and Indian Fintech Industry is in The Midst of a Boom Right Now
Most business landscapes today demand a convergence of multidisciplinary skills. The Fintech industry is no different. However, in the recent times, there is a demand for skills in modern programming languages, artificial intelligence (AI), machine learning (ML), the blockchain, cybersecurity and more
Fintastico Team
1 year, 2 months
https://cointelegraph.com/news/alibabas-ant-fin...
Alibaba's Ant Financial to Launch Blockchain Backend-as-a-Service Platform
Ant Financial, the financial affiliate of Chinese e-commerce giant Alibaba, is launching a blockchain BaaS (Backend-as-a-Service) platform.
Fintastico Team
1 year, 2 months
https://www.pymnts.com/news/mobile-payments/201...
SWIFT Pre-Validates, Singapore Eyes QR Codes | PYMNTS.com
Amid an embrace of mobile payments and a push toward consumer choice, sometimes payments infrastructure must change. This week, the Monetary Authority of Singapore said it has launched SGQR (short for the Singapore Quick Response Code), billed as a single label that combines several QR payment codes. The launch will cover Singapore over the next […]
Fintastico Team
1 year, 2 months
https://www.finextra.com/pressarticle/75513/ant...
Ant Financial launches new fintech brand
Ant Financial Services Group (“Ant Financial” or “the Company”) today announced that the Company would open up a full suite of technology products and services under a new brand, Ant Financial Technology, to support the growth of financial institutions by improving user experience and lowering costs.
Fintastico Team
1 year, 2 months
https://cointelegraph.com/news/crypto-future-of...
Crypto Future of E-Commerce Is in The Hands of Asian Players
Ovestock.com now allows users to buy crypto, but that’s not the main news.
Fintastico Team
1 year, 2 months
https://cointelegraph.com/news/crypto-future-of...
Crypto Future of E-Commerce Is in The Hands of Asian Players
Ovestock.com now allows users to buy crypto, but that’s not the main news.
Fintastico Team
1 year, 2 months
https://www.pymnts.com/news/b2b-payments/2018/m...
Hong Kong Readies Faster Payment Service Launch | PYMNTS.com
Financial service providers in Hong Kong are readying to facilitate real-time payments for both corporate and non-corporate customers as the market’s Faster Payment System (FPS) comes into effect. Reports in Marketing Interactive on Tuesday (Sept. 17) said the Faster Payment System will launch Sept. 30, and financial institutions (FIs) like HSBC are gearing up. “The […]
Fintastico Team
1 year, 2 months
https://cointelegraph.com/news/chinas-central-b...
China's Central Bank Warns Investors of ICO, Crypto Risks
China’s central bank issues yet another stark warning to investors against the risks associated with ICOs and crypto trading.
Fintastico Team
1 year, 2 months
https://www.pymnts.com/news/payments-innovation...
Amadeus On Travel Payments Innovation | PYMNTS.com
Travel companies know that payments innovation is mission-critical when it comes to acquiring and retaining consumers all over the world. It’s a clear fact in the data — 81 percent of travel firms indicated that payments innovation is on the menu for the next three years, according to the PYMNTS/Amadeus IT Group Travel Payments Study. Bart Tompkins, […]
Fintastico Team
1 year, 3 months
https://www.pymnts.com/news/international/globa...
The Axis: Yoco Notches $16M in Series B Funding | PYMNTS.com
Welcome to The Axis, your late look at payments news from around the world. Coverage includes Yoco’s $16 million Series B funding round. In addition, China’s Beijing Inspiry Technology is deploying a mobile payments in Japan, and Volopa has chosen Onfido to help verify applicants’ identities when on-boarding new clients. South Africa-based Yoco has notched $16 million […]
Fintastico Team
1 year, 3 months
https://thefintechtimes.com/nuggets-picked-lafa...
UK Startup Picked For Lafayette Plug and Play Accelerator | The Fintech Times
Nuggets has been picked to join the prestigious Lafayette Plug and Play business accelerator program for startups, the announcement was made in Les Echos.
Fintastico Team
1 year, 3 months
https://www.pymnts.com/news/international/2018/...
Alipay to Collaborate With Japanese Merchants | PYMNTS.com
Alipay, the mobile and online payment platform operated by Ant Financial Services, announced on Wednesday (Sept. 4) that it will collaborate with a wider range of local Japanese partners to build a cashless environment for tourists coming to Japan, in particular for the Tokyo Olympic Games in 2020. In a press release, Alipay said that […]
Fintastico Team
1 year, 3 months
https://www.finextra.com/pressarticle/75286/ali...
Alipay sets its sights on Japan ahead of 2020 Olympic Games
Alipay, the world’s leading mobile and online payment platform operated by Ant Financial Services Group (“Ant Financial”), today announced that it will collaborate with a wider range of local Japanese partners to build a cashless environment for tourists coming to Japan, in particular for the Tokyo Olympic Games in 2020.
Fintastico Team
1 year, 3 months
https://www.pymnts.com/news/mobile-payments/201...
Alipay Saw A Surge In Spending Over The Summer | PYMNTS.com
Alipay has revealed that it had a pretty good summer, with consumer spending surging over the last two months. “China is just back from a two-month summer holiday, where millions traveled abroad for a long-awaited vacation. With Alipay’s growing presence outside of the Chinese mainland, overseas Alipay spending skyrocketed this summer compared to last year’s […]
Fintastico Team
1 year, 3 months
https://www.ccn.com/alibaba-has-filed-for-over-...
Alibaba Has Filed for over 10% of the World's Blockchain Patents: Research
China's ongoing drive to dominate the emerging global blockchain technology sector has been underlined by news that Alibaba Group Holding alone filed more than 10 percent of all blockchain patents worldwide in 2017.
Fintastico Team
1 year, 3 months
https://www.finextra.com/pressarticle/75248/net...
Network International to inlcude Alipay as standard on future terminals
Network International, the leading payment solutions provider in the Middle East and Africa region, has announced that Alipay, one of the world’s largest online and mobile payment platforms, will be integrated as standard across all its N-Genius™ payment terminals starting October.
Fintastico Team
1 year, 3 months
https://cointelegraph.com/news/hodlers-digest-a...
Hodler’s Digest, August 26–September 2: Both Eminem and Yahoo Finance Embrace Bitcoin in Wins for Crypto Adoption
North Korea may have unsuccessfully set up a BTC mining operation last year, and Yahoo Finance brings crypto trading more mainstream.
Fintastico Team
1 year, 3 months
https://thefintechtimes.com/dr-doom-blockshow-a...
Dr. Doom On The Future Of Money At BlockShow Americas | The Fintech Times
Nouriel Roubini earned the title of Dr. Doom when he correctly predicted the 2008 global financial crisis and became the perennial bear. More recently he made news cryptobrawling with VoIP pioneer Alex Mashinsky at the Milken Institute on the future of money.
Fintastico Team
1 year, 3 months
http://blog.starpointllp.com/blog/?p=4805
Google/Mastercard.. The new Oil or Uranium? – Noyes Payments Blog
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Fintastico Team
1 year, 3 months
https://www.pymnts.com/news/retail/2018/ecommer...
China Drives Sales Growth For Luxury Goods | PYMNTS.com
As shoppers around the world headed out to purchase those internationally-known, little blue boxes, Tiffany & Co. posted a strong second quarter. The jeweler booked an increase in global sales of 12 percent, arriving at $1.1 billion. At the same time, same-store sales growth beat analyst estimates of 6.6 percent in a Consensus Metrix poll, […]
Fintastico Team
1 year, 3 months
https://www.crowdfundinsider.com/2018/08/138429...
Cryptocurrency Now Banned in China's 'Best Commercial City,' Guangzhou
Following a ban on crypto promotional events in Beijing's central business district last week, the Financial Development Bureau of Guangzhou (FDBG) has required that, 'all relevant units in the district (of Guangzhou) may not undertake any form of virtual currency promotion and publicity activities,' National Business Daily
Fintastico Team
1 year, 3 months
https://www.crowdfundinsider.com/2018/08/138429...
Cryptocurrency Now Banned in China's 'Best Commercial City,' Guangzhou
Following a ban on crypto promotional events in Beijing's central business district last week, the Financial Development Bureau of Guangzhou (FDBG) has required that, 'all relevant units in the district (of Guangzhou) may not undertake any form of virtual currency promotion and publicity activities,' National Business Daily
Fintastico Team
1 year, 3 months
https://cointelegraph.com/news/china-extends-cr...
China Extends Crypto-Related Promotion Ban Beyond the Capital
China’s anti-crypto onslaught continues, as a prohibition against commercial venues from hosting crypto-related events has been extended to Guangzhou Development District.
Fintastico Team
1 year, 3 months
https://www.finextra.com/pressarticle/75221/ter...
Terra raise s$32m for stablecoin push
Terra has successfully closed its seed funding round with an initial USD $32M raised to kickstart its vision of creating the next generation of digital money.
Fintastico Team
1 year, 3 months
https://www.ccn.com/china-crackdown-after-beiji...
China Crackdown: After Beijing, Guangzhou Hub Bans Cryptocurrency Events
The Guangzhou Development District, has reportedly banned all promotional events related to cryptocurrency as the country’s crypto crackdown continues.
Fintastico Team
1 year, 3 months
https://www.pymnts.com/news/international/globa...
Salary Finance Notches $20M In Series B | PYMNTS.com
Welcome to The Axis, your late look at payments news from around the world. Coverage includes U.K.-based Glint teaming up with partners for a U.S. rollout. In addition, U.K.-based Salary Finance has notched $20 million in Series B funding, and Australian business-only bank Tyro has announced an agreement with Alipay to offer an Electronic Funds Transfer at Point Of […]
Fintastico Team
1 year, 3 months
https://cointelegraph.com/news/china-alibabas-a...
China: Alibaba’s Alipay Reveals Government Partnership to Track Rice With Blockchain
Local Chinese government officials have opted to use blockchain to help ensure Wuchang rice authenticity.
Fintastico Team
1 year, 3 months
https://www.crowdfundinsider.com/2018/08/138385...
Following Deutsche Bank Stake Acquirement Deal, Modo Partners With Etihad Airways to Co-Create Loyalty Solution As Part of the FinTech Abu Dhabi Innovation Challenge
Modo, U.S.-based payments technology startup focused on creating interoperability between payment systems, announced on Tuesday it has teamed up with Etihad Airways to co-create a loyalty solutions program. According to the fintech, this new program is for the airline industry as part of the FinTech
Fintastico Team
1 year, 3 months
https://www.coindesk.com/ant-financial-is-launc...
Ant Financial Is Launching a Blockchain App to Tackle Food Fraud - CoinDesk
Alibaba payments affiliate Ant Financial is poised to launch a blockchain platform next month, alongside an application that tracks rice shipments.
Fintastico Team
1 year, 3 months
https://www.ccn.com/chinese-search-giant-baidu-...
Chinese Search Giant Baidu Joins Tencent and Alibaba in Crypto Blockade
Chinese search giant Baidu has made moves to block crypto related content on its online portals, according to China Times.
Fintastico Team
1 year, 3 months
https://www.crowdfundinsider.com/2018/08/138352...
Warren Buffett’s Berkshire Hathaway Set to Buy Stake in Paytm’s Parenting Company One97 Communications
Berkshire Hathaway, a multinational conglomerate holding company that was founded by American business magnate, investor, speaker and philanthropist Warren Buffett, is reportedly set to buy a small stake in One97 Communications Ltd, the parent of mobile wallet service provider Paytm. According to India’s media outlet
Fintastico Team
1 year, 3 months
https://www.crowdfundinsider.com/2018/08/138334...
More Crypto Censure in China as Baidu Search Censors its Tieba Forum
Chinese search giant Baidu will no longer allow discussions of crypto on its popular forum site, Baidu Tieba, China Times reports. The decision is the latest in a spate of recent crackdowns being waged against crypto-industries in China, actions seeking to give teeth to a
Fintastico Team
1 year, 3 months
https://cointelegraph.com/news/chinas-baidu-joi...
China’s Baidu Joins Tech Giants Tencent, Alibaba in Imposing Fresh Anti-Crypto Measures
Baidu joins China’s other two leading tech giants –– Tencent and Alibaba –– in imposing new anti-crypto measures in line with Beijing’s toughened stance.
Fintastico Team
1 year, 3 months
https://www.ccn.com/chinas-crackdown-leads-to-w...
China's Crackdown Leads to WeChat Blocking Crypto Transactions
In support of the China's tightening clampdowns on local crypto-industry, WeChat has decided to bar virtual currency transactions on its platform.
Fintastico Team
1 year, 3 months
https://cointelegraph.com/news/chinese-crypto-b...
Chinese Crypto Bans on WeChat Accounts, Events, and Exchanges: What Happened and Why
In the past two months, the government of China has allocated the majority of its resources to strengthening its ban on cryptocurrency trading and the ICO market.
Fintastico Team
1 year, 3 months
https://www.crowdfundinsider.com/2018/08/138287...
Popular Chinese Apps WeChat Pay and Alipay Escalating Crypto Countermeasures
Earlier today, and two days after WeChat suspended the social media accounts of 8 Chinese crypto news outlets, WeChat parent company Tencent has announced it will undertake 'remediation measures' to monitor and 'intercept' cryptocurrency sales and purchases on its WeChat Pay app. Similar news was
Fintastico Team
1 year, 3 months
https://www.coindesk.com/wechat-alipay-to-block...
WeChat, Alipay to Block Crypto Transactions on Payment Platforms - CoinDesk
WeChat Pay and Alipay are scrambling to keep up with regulators after recent announcements regarding initial coin offerings and cryptocurrencies.
Fintastico Team
1 year, 3 months
https://www.pymnts.com/news/international/globa...
Global Payments: Silk Way Bank Unveils SWPay | PYMNTS.com
Welcome to The Axis, your late look at payments news from around the world. Coverage includes Silk Way Bank’s launch of a new project for cashless payments. In addition, China’s Alipay is working to step up efforts to monitor its platform for peer-to-peer crypto trading transactions, as it also taking more measures to prevent fraud. Azerbaijan-based […]
Fintastico Team
1 year, 3 months
https://cointelegraph.com/news/chinas-payments-...
China's Payments Giant AliPay Takes Measures Against OTC Crypto Trading via Its Platform
Chinese mobile payment app Alipay is toughening its stance towards users who use their Alipay accounts for over-the-counter Bitcoin trading.
Fintastico Team
1 year, 3 months
https://www.finextra.com/pressarticle/75181/ste...
Steve Castle joins Nuggets as non-exec
Steve Castle, the former Group Finance Director in the team that turned LV= into one of the UK’s leading motor insurers, has joined the blockchain payments and identity brand Nuggets as a Non-Executive Director.
Fintastico Team
1 year, 3 months
https://www.pymnts.com/news/investment-tracker/...
Deutsche Bank Invests In Modo | PYMNTS.com
Deutsche Bank announced that it has acquired an equity stake in Modo Payments, a payments technology company focusing on reducing friction in the payments industry. “Payments are the bloodline of banking. More and more global payments are executed electronically via FinTech and online platforms,” John Gibbons, head of global transaction banking at Deutsche Bank, said […]
Fintastico Team
1 year, 3 months
https://www.finextra.com/newsarticle/32575/equi...
Equity Bank spins off digital arm as standalone fintech startup
Equity Group Holdings, Kenya's second-largest bank, is spinning off its tech subsidiary into a commercial entity, dubbed Finserve.
Fintastico Team
1 year, 3 months
https://www.coindesk.com/chinese-watchdogs-blas...
Chinese Watchdogs Blast Illegal Crypto Fundraising in New Joint Warning - CoinDesk
Six regulatory agencies in China have issued a warning against illegal fund raising and trading activities related to blockchain and cryptocurrency.
Fintastico Team
1 year, 3 months
https://www.coindesk.com/alibaba-affiliate-to-s...
Alibaba Payments App to Step Up Scrutiny Over Crypto OTC Trading - CoinDesk
Alibaba's payments affiliate is cooperating with Chinese regulators to scrutinize peer-to-peer crypto trading through its AliPay mobile app.
Fintastico Team
1 year, 3 months
https://www.finextra.com/newsarticle/32572/deut...
Deutsche Bank buys stake in Modo to expand payments biz to non-bank platforms
Deutsche Bank has moved to beef up its transaction banking franchise through the acquisition of a stake in US startup ModoPayments. Terms of the deal were not disclosed.
Fintastico Team
1 year, 3 months
https://www.pymnts.com/news/b2b-payments/2018/r...
Ripple's Partnerships in Cross-Border Payments | PYMNTS.com
Yes, digital currencies have had a hard time of it. Yes, they are down as a group by as much as 70 percent from their peaks. The fact remains, though, that some use cases have been emerging –and with the advent of blockchain, might there be some progress in using them as currency? The news amid the […]
Fintastico Team
1 year, 3 months
https://www.pymnts.com/news/international/2018/...
Ripple Eyes (x)Rapid Cross-Border Funds | PYMNTS.com
Digital tokens have had a hard time of it, but in recent cross-border news, Ripple is helping XRP and xRapid make inroads in remittances. Plus, a bit of saber rattling comes from Europe on payments systems, and Chinese tourists may find it a bit easier to spend at U.S. malls.
Fintastico Team
1 year, 3 months
https://bankinnovation.net/2018/08/samsung-pay-...
Samsung Pay Crosses 1.3 Billion Transactions, But Falls Short of Apple Pay | Bank Innovation | Bank Innovation
As it makes its way to South Africa and continues to amass impressive partnerships with the likes of Alipay and PayPal, Samsung Pay might have completed three years in the mobile payments market, but its numbers still lag its main rival, Apple Pay. Samsung revealed yesterday that it had completed 1.3 billion
Fintastico Team
1 year, 3 months
https://cointelegraph.com/news/blockshow-paneli...
BlockShow Panelists Argue About Bitcoin’s Decentralization, Blockchain Pros and Cons
Nouriel Roubini argues that blockchain can not compete with traditional payment systems, triggering a discussion on BTC decentralization.
Fintastico Team
1 year, 3 months
https://www.pymnts.com/news/ipo/2018/ant-financ...
For Ant Financial, IPO Was Here, Then Gone | PYMNTS.com
In this case, perhaps IPO could stand for: “It’s Possible, Only…not now.” News came at the beginning of this week that the hotly anticipated listing of Ant Financial, an affiliate of China’s Alibaba focused on electronic payments, is off the shelf — as in being pulled or delayed. The push out, which could now be years away, […]
Fintastico Team
1 year, 3 months
https://www.crowdfundinsider.com/2018/08/138067...
Alipay Debuts Paperless Tax Refund Service in South Korea | Crowdfund Insider
Digital payment platform Alipay announced on Monday the launch of its paperless tax refund service in South Korea. The firm reported that it teamed up
Fintastico Team
1 year, 3 months
https://www.finextra.com/pressarticle/75131/ali...
Alipay launches paperless tax refund service in South Korea
Alipay, the world’s leading mobile payment and lifestyle platform operated by Ant Financial Services Group, announced that it has partnered with Global Tax Free (“GTF”), a tax refund agency, to launch the world’s first paperless mobile tax refund function in South Korea.
Fintastico Team
1 year, 3 months
https://www.pymnts.com/news/mobile-payments/201...
CITCON: Cross-Border Payments at Mall of America | PYMNTS.com
To help Mall of America merchants engage with Chinese consumers, CITCON has teamed up with the shopping complex to offer stores a cross-border mobile payments system. The feature will be offered in merchandise shops, Nickelodeon Universe and guest services, CITCON said in an announcement. “Chinese consumers have become accustomed to the idea of doing everything on […]
Fintastico Team
1 year, 3 months
https://cointelegraph.com/news/ripple-exec-ripp...
Ripple Exec: Ripple Considering Chinese Market to Speed Up Payment Solutions
A Ripple executive said that the company is looking to break into the Chinese market to speed up international payments with its distributed ledger system.
Fintastico Team
1 year, 3 months
https://www.pymnts.com/news/international/globa...
Bambora Teams Up With Payworks To Reach SMEs | PYMNTS.com
Welcome to The Axis, your late look at payments news from around the world. Coverage includes WorldRemit’s partnership with Safaricom for money transfers to mobile money accounts in Kenya. In addition, Bambora is working with Payworks to introduce Bambora Connect, and Hong Kong-based The Bank of East Asia (BEA) has unveiled its i-Payment Hub. Bambora is teaming up […]
Fintastico Team
1 year, 3 months
https://www.finextra.com/newsarticle/32519/alte...
Alternative payments trump traditional rivals in Apac ecommerce market
Alternative payment methods such as mobile wallets now account for just over half of ecommerce transaction value in Asia Pacific, according to research from GlobalData.
Fintastico Team
1 year, 3 months
https://www.pymnts.com/news/payment-methods/201...
Merchant Link On Hotels And QR Code Growth | PYMNTS.com
Alternative payments methods, such as contactless and QR codes, have been growing globally in popularity for the last half-decade or so. However, the year 2018 has seen something of a quiet sea change when it comes to the acceptance of such payment methods among hotels around the globe. Since the beginning of the year, Merchant […]
Fintastico Team
1 year, 3 months
https://www.finextra.com/pressarticle/75069/wir...
Wirecard equips EU duty free shops with Alipay
Wirecard, the digital financial technologies specialist, is now cooperating with Gebr. Heinemann to integrate the most popular Chinese payment methods, among others Alipay, into the central checkout system of the Hamburg-based trading company’s Duty Free and Travel Value Shops at airports.
Fintastico Team
1 year, 3 months
https://cointelegraph.com/news/hong-kong-univer...
Hong Kong University Receives $20 Mln Research Grant for Payment Systems, Blockchain
The Hong Kong University of Science and Technology Business School has received $20 million in funding for research on payment systems, including those using blockchain.
Fintastico Team
1 year, 4 months
https://thefinancialbrand.com/73973/mobile-bank...
Fintastico Team
1 year, 4 months
https://www.pymnts.com/news/mobile-payments/201...
Fintastico Team
1 year, 4 months
https://www.pymnts.com/news/delivery/2018/starb...
Fintastico Team
1 year, 4 months
https://thefintechtimes.com/money-20-20-special...
Money 20/20 special report: Digital revolution based on cooperation | The Fintech Times
Every year, Money20/20 attracts the best, boldest and brightest businesses from across payments, fintech and financial services. From industry institutions to up-and-coming innovators, everyone is here, every time. This year Money20/20 spotlighted open call for digital transformation, open banking and full cooperation between challengers and established brands.
Fintastico Team
1 year, 4 months
https://www.crowdfundinsider.com/2018/07/136918...
San Francisco Tourist Destination PIER39 Now Accepting Alipay Through CITCON | Crowdfund Insider
Alipay, a Chinese digital payment platform operated by Ant Financial Services Group, and San Francisco's tourist destination PIER 39, announced on
Fintastico Team
1 year, 4 months
https://www.finextra.com/pressarticle/74865/san...
San Francisco tourist hotspot Pier 39 to accept Alipay
Alipay, China’s leading digital payment platform operated by Ant Financial Services Group, and PIER 39, one of San Francisco’s most popular tourist destinations for shopping, dining and entertainment, today announced a partnership to create a seamless payment experience for Chinese travelers.