Tag: Alipay

On April 14, Tencent announced that it had rolled out a wallet that lets users execute transactions using China’s central bank digital currency. While undergoing A/B testing, the Tencent e-CNY ...

Russian banks seem to be looking for new market frontiers in China as they race to increase their user base and boost their profits and investments in the wake of ...

A major report focusing on the growth of mobile wallets has projected that one in two people will use a mobile wallet by 2025. At the end of last year, ...

The mobile payment platform owned and operated by Ant Group, Alipay, is expected to let some of its users participate in the emerging digital yuan commerce ecosystem. Based on a ...

Some of China’s biggest state banks are now actively promoting the digital yuan as a superior means of payment to the country’s two leading payment providers WeChat Pay and Alipay. ...

Although the FinTech firms enjoy massive financial backing, they are still significantly behind TechFins in matters of swift consumer satisfaction. The question then comes, which technology has more probabilities of ...

The coronavirus menace appears to be spreading to every part of the world. As the deadly virus spreads, it is also affecting many education systems. The menace has resulted in ...

A strange occurrence is unfolding in the economic industry. It has been developing in the past few decades. After the internet came and communications became effective, the financial world underwent ...

Big Four auditing firm KPMG published this year’s Fintech 100 ranking on November 18. The ranking lists the top 100 fintech firms across the world. In the 2019 list, Bitcoin-related ...

It would be an interesting scenario as and when the central banks start issuing cryptocurrencies. This is important considering the International Monetary Fund (IMF) head, Christine Lagarde, and some other ...