financial technology

The Latest

  • PayPal To Close Domestic Payments Business In India
    PayPal
    The company said it had reassigned some employees to new teams.
  • Visa, Plaid Cancel $5.3 Billion Merger
    Visa
    Visa, Plaid deal scrapped because of U.S. objections it would create a payment transactions monopoly.
  • Inside Latin America’s Growing Fintech Industry
    U.S. Dollar
    Financial technology is booming in Latin America. What makes the region attractive to investors?
  • U.S. State Department Backs Proposal To Add Ant Group To Trade Blacklist
    Ant Group
    Ant Group is set to list its shares in Hong Kong and Shanghai later in the year in a deal estimated to be worth $35 billion.
  • Fin-Tech Company Ant Group Says Its Alipay Is Unique, Not Like Tencent’s WeChat Pay.
    Alipay
    Alipay has 711 million monthly active users and more than 80 million merchants and more than 50 financial institution partners.
  • Hong Kong Startup LeapXpert Wins UK Award And Given Access To Fintech Sector
    UK Fintech Sector
    Hong Kong-based startup company LeapXpert won the UK Department for International Trade's global Fintech award, giving it a chance to access the UK's $8.6 billion fintech sector.
  • Tencent Holdings To Integrate QR Code System With UnionPay
    WeChat Pay-UnionPay Partnership
    Tencent Holdings and China UnionPay have formed a new partnership to establish a unified QR code system for their WeChat Pay and Quickpass digital payments.
  • Geely And Saxo Bank To Form Fintech Joint Venture In China
    Geely Sweden Holdings AB
    Geely Sweden Holdings AB and Copenhagen Saxo Bank A/S have signed an agreement to form a new joint venture aimed at providing financial and regulatory technology solutions to financial institutions in China.
  • Global Payments And TSYS Merge In Massive $21.5 Billion Fintech Deal
    Fintech Mergers
    Global Payments agreed to pay a 20 percent premium on TSYS's actual share prices amounting to $21.5 billion.
  • Bahrain Aims High In Middle Eastern Fintech Space
    Bahrain King
    GCC nation Bahrain is planning to transform into the Middle East’s regional hub for fintech startups and initiatives.