Ant Financial's ambitions to take over US payments giant MoneyGram International have been thwarted by a US government panel that has rejected the purchase...
A slew of Chinese banks have opted to join a global initiative for quicker and more transparent cross-border payments launched by international payments organisation SWIFT in...
The world's biggest bank card company has launched plans to expand beyond its native China and contend against international payment incumbents MasterCard and Visa.
Payment...
China has just launched the trial run of its "Non-banking Payment Organisation Internet Payment Settlement Platform" (非银行支付机构网络支付清算平台), in a move which is set to shake up...
