China

Ant Financial Services Group has formed a strategic partnership with bKash Limited, the mobile payments platform Bangladesh’s central bank established to expand financial inclusion.

The cashierless Amazon Go concept is inspiring fear in traditional U.S. retailers, but the idea is already mainstream in China — with one chain opening 300 locations in just two years.

Global policymakers are all over the map when it comes to regulating cryptocurrencies. But industry participants are eager to have some direction — and soon.

Companies that aspire to be the Uber of their industry should take a second look at the ride-sharing market, where Grab has become a lightning rod of payments investment and innovation.

Some of the biggest digital wallets in the world — including Alipay and WeChat Pay — succeed because they have very little in common with other big-brand wallets like Apple Pay, Google Pay and Samsung Pay.

Alibaba Group Holding Ltd. is buying full control of the startup Ele.me as it steps up efforts to expand in China’s fast-growing market for local delivery of food and other services.

President Trump's isolationism is colliding head-on with a lucrative trend of Chinese tourists coming to the U.S. looking — and payments companies are caught in the crossfire.

China’s Alipay mobile wallet is now accepted by airport retailers in the Middle East and Africa through a collaboration between Qatar Airways and Wirecard.

China's declaration on Wednesday that its payments market is now open to foreign companies gives Chinese payments processors an opportunity to grow globally — but it's made similar moves before, with little effect.

China will permit foreign companies to access its $27 trillion payments market, further opening up the world’s second-largest economy.

Alipay already has inroads in Mexico, where its mobile wallet is accepted at some retailers popular with Chinese tourists. Through a partnership with Openpay, it’s expanding Mexican merchants’ access to these transactions in person and online.

Alipay has partnered with FreedomPay and expanded an existing deal with First Data to deepen U.S. merchant acceptance at key destinations for Chinese tourists.

China’s Ant Financial, which already has a large stake in India’s Paytm and operates its own Alipay wallet in China, is taking a 45% stake in Pakistan’s Telenor Microfinance Bank (TMB).

Ant Financial’s consumer lending has reached at least 600 billion yuan ($95 billion) despite the affiliate of Alibaba Group Holding Ltd. facing a tougher environment for securitizing its loans, people familiar with the matter said.

Ant Financial’s Alipay is working with the Canadian payments processor Motion Pay Technology to push Ant's geographic reach in North America.

Ant Financial, which operates China's popular Alipay wallet, has a plan for the U.S. that goes beyond its abandoned purchase of MoneyGram.

Wirecard has partnered with SES-imagotag, which makes electronic shelf-labeling systems, for a new technology enabling consumers to buy products directly from store shelves with their smartphones.

Momentum is continuing unabated for blockchain projects and initial coin offerings as the potential for blockchain continues to be realized.

It would appear that momentum is continuing unabated for blockchain projects and ICOs (initial coin offerings), as the potential for blockchain continues to be realized.

The Olympics draw together fans from around the globe to cheer on their fellow citizens, and having such a diverse group of people in one spot can inspire companies to experiment with cutting-edge technologies.