Why is HSBC’s corporate bank – not the consumer bank – launching digital payment services for merchants in Hong Kong?
Bank of Shanghai is testing BitMint’s Q-Pay, a.k.a. “pay like cash”, which looks like a preamble to a new paradigm of digital money.
The bank’s head of product for PayMe, Deep Bedi, explains what the bank has learned from its Venmo-esque app.
Hong Kong’s biggest banks and payment companies are suddenly competing all over again for corporate and consumer business.
Facebook Twitter LinkedInWestern Union is now processing WeChat Pay transactions internationally out of China, as part of a broader push to enable various wallets and payment...
The startup will apply for the first virtual banking licenses, setting it in eventual competition with traditional consumer banks.