Tencent eyes WeChat Pay credit move

WeChat Pay parent Tencent was rumoured to be preparing to launch a credit service compatible …

Wallet providers ink European interoperability pact

Seven mobile wallet providers agreed a collaboration to develop and promote a payment interoperability network …

Ant Financial highlights developing market potential

Eric Jing, CEO of Alipay-parent Ant Financial, backed the spread of financial technology to boost …

Mobile payment user numbers surge in China

More than 580 million people made at least one mobile payment in China during 2018, …

Ant Financial acquires remittance provider WorldFirst

Ant Financial struck a deal to buy UK-based international remittance company WorldFirst, a move which …

MoneyGram mulls potential sale

Executives at US-based remittance giant MoneyGram began assessing a potential sale of the business, Reuters …

Telenor bank launches blockchain remittances

Telenor Microfinance Bank (TMB) revealed it will offer remittances between Pakistan and Malaysia using blockchain …

UN establishes financial technology task force

GSMA director general Mats Granryd (pictured) and Ant Financial CEO Eric Jing were among executives …

Ant Financial underlines global goal with UEFA deal

Ant Financial signed a sponsorship deal with European football authority UEFA, as the China-based payments …

Pakistan watchdog clears Telenor bank deal

The Competition Commission of Pakistan approved the acquisition of a 45 per cent stake in …