Alibaba Cloud to buy cybersecurity startup Chaitin Tech

Alibaba's booth at WAIC on Aug. 30, 2019 in Shanghai. (Image credit: TechNode/Shi Jiayi) Alibaba Cloud, a subsidiary of…


Alipay, WeChat Pay explicitly forbid crypto-related transactions

(Image credit: Creative Commons / marcoverch) China's big two digital payment platforms Alipay and WeChat Pay have…


Russian internet giant Mail.ru Group signs payment JV with Alipay

Saint Basil's Cathedral in Red Square, Moscow. (Image credit: Pixabay / Albert Dezetter) Chinese e-commerce giant…


'Golden Week' spending surged on mobile payment platforms amid cooling economy

A sign on a cash register showing consumers how to pay using mobile payment platforms. (Image credit: TechNode/Shi…


The Chinese startup that's making cross-border payments easier for overseas students

Tony Gao, co-founder and president of Easy Transfer, at Slush Shanghai in September. (Image credit: Slush) In recent…


INSIGHTS | Facebook’s digital dollar or China’s webminbi?

Imgae credit: BigStock/World Image With Facebook announcing Libra, some central banks have felt the pressure to start…


WeChat Pay links credit scoring system with ride-hailing apps

Traffic in the capital city of Beijing, China. (Image credit: Flickr/Remko Tanis) WeChat Pay is integrating its credit…


Bitmain to launch platform linking hardware owners with mining farms

Chinese mining chip maker Bitmain announced a new mining platform, World Digital Mining Map (WDMM), to facilitate…


Ant Financial deepens partnership with blockchain project Hyperledger

Geoff Jiang, vice president and general manager of Ant Financial's Intelligent Technology Group at the Apsara…


No timetable for the launch of China's digital currency: PBOC governor

People's Bank of China headquarters in Beijing. (Image credit: Wikimedia Commons/Yongxinge) There is no timetable for…