Tag: China

A Chinese cybersecurity company has accused the CIA of having conducted...

From: RegTech AnalystQihoo 360, a cybersecurity company, has accused CIA of using hackers to spy on Chinese companies over the past 11 years, Reuters...

TransferWise teams up with Alipay to improve its money transfer services...

London-based TransferWise is the latest FinTech company to team up with Alibaba-owned Alipay.

Fenbeitong raises $36m in new Series B round

Expense management startup Fenbeitong has raised $36m in a new Series B round backed by CreditEase Fintech Investment Fund (CEFIF), Eight Roads, Glade Brook Capital, Ribbit Capital, IDG Capital and China Growth Capital.

LexinFinTech has bid on a plot of land in Chinese Shenzhen

LexinFintech Holdings, an online consumer finance company, has successfully bid for a plot of land in Shenzhen's Nanshan district. Total purchase price for the acquisition of the land plot is expected to be roughly $150bn.

ESMA warns that Brexit and the US-China trade war are still...

Massive geopolitical events continue to stir up a lot of financial market volatility, according to the EU’s leading financial markets watchdog.

China releases guidelines for facial recognition payments

China has reportedly released a set of new guidelines for the use of facial recognition payments which aim to reduce risks.

Tencent and UnionPay team up on mobile payments

A new partnership between Tencent and UnionPay will see them integrate QR codes in their offerings.

White House to the EU: Don’t introduce laws harming US tech...

The Trump administration has told EU lawmakers to not “overreach” when it comes to regulating artificial intelligence (AI) applications in the private sector.

PayPal becomes first foreign payments platform in China after latest acquisition

Payments giant PayPal has acquired a 70% stake in China-based payment gateway GoPay.

FinTech Fincera’s CEO detained by Chinese police for suspected financial crime

Li Yonghui, the chairman and CEO of New York-listed FinTech firm Fincera, has been detained by Chinese police under suspicion of illegally accepting public funds.

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