e-CNY payment becomes available offline
The People's Bank of China (PBOC) has added a feature to its yuan digital payment app that allows users to continue making offline payments u...
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JCB tests MDBC payment at the point of sale
JCB has announced the launch of a pilot project to enable the use of Japan's central bank digital currency at the point of sale. For this, th...
In brief: Digital yuan to pay on the metro
China is definitely ahead of the game in deploying its MNBC. Its digital yuan (e-CNY) is now accepted as a means of payment to access the public ...
Visa sets itself up as an expert on crypto-currencies
Payment giant Visa has introduced a brand new crypto advisory service. Aimed at its partners, it should enable Visa to establish itself as a refe...
In brief: China advances its e-yuan
Central Bank Digital Currency projects are progressing all over the world. In China, a new step has just been taken to impose the digital yuan (e...
Alibaba even sells NFTs
The Chinese e-commerce giant Alibaba has just announced the launch of its NFT sales platform which will facilitate the sale and purchase of Non T...
Credit Karma makes cashback random and fun
FACTS Credit Karma is currently working on a model that reinvents loyalty programs based on random reimbursement for spending on its ca...
Payments Insight February 2021: The match goes on between CBDC and cryptocurrencies
Cryptocurrencies – The match goes on between CBDC and cryptocurrencies UNITED STATES - VISA launches APIs to equip all banks with crypt...
Tencent Selling Loans through Video-Streaming Platform
FACTS WeBank, digital bank by Tencent, introduces a new lending offer available from their video-streaming platform.
China to Issue Own Digital Currency
FACTS During the China Finance 40 Forum event, People's Bank of China reported their virtual currency could be considered operational after...
Mobile Payment: WeChat Pay Accepted at BHV Marais
FACTS Tencent, the Chinese Web giant behind the messaging service WeChat teams up with BHV Marais, their mobile payment service will be mad...
SimbaPay and Family Bank Team Up to Streamline Micro-Companies’ Money Transfers
FACTS The London-based FinTech SimbaPay and the Kenyan bank Family Bank teamed up to introduce an instant money transfer solution for custo...
REX: Ant Financial Becomes 2nd Largest Lender in China
Despite a tougher regulatory environment for securitising its loans, Ant Financial’s consumer lending activity has been growing strong, reaching ...
Acceptance: Société Générale/CUP Partnership
Chinese domestic card scheme CUP partnered with Société Générale to enable CUP cardholders to withdraw cash from ATMs of the French bank’s netwo...
