Banking
Mastercard’s joint venture receives approval to commence domestic payments in China
Mastercard's joint venture in China, Mastercard NUCC Information Technology, has received formal approval to commence domestic payments.
In February 2020, Mastercard NUCC received...
Banking
China imposes hefty fines on Ant Group and Tencent as it looks to normalise supervision
China's central bank, the People's Bank of China (PBOC), has imposed hefty fines on Ant Group and Tencent, along with other fintech companies, as...
Business
PayPal: Completes acquisition of GoPay
PayPal Holdings: Completes acquisition of China's GoPayPayPal completed its acquisition of a 70% equity interest in Guofubao Information Technology Co., Ltd. (GoPay)
Paypal,...
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