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China is at the vanguard of the new payments revolution and nowhere is set to feel the pain more than China’s banks. A new report outlines just how deeply new fintech is cutting into China’s bank revenues
A revolution in the way the public pays is being echoed in the corporate world. As the likes of BAML roll out innovation payment solutions for corporates, treasurers are weighing up the benefit.
Calling itself “friendlier than a bank”, Neat top-up cards have made giant strides in the retail market, but now they’re turning their attention to business customers
The company has ridden China's e-wallet revolution to develop a dominant ride-hailing app at home. Here's how it's tackling payment challenges as it woos international riders.
The growth of e-payments in China could cause major headaches for its central bank's monetary policy, including making depositors more sensitive to rates.
Bike-sharing has taken China by storm, a fickle business that has yet to turn a profit, but the data it collects could be driving China’s e-payment platforms worldwide
E-payments solutions are slowly spreading across Southeast Asia, but a fragmented regulatory framework makes harmonisation of payment systems a distant goal.
The IMF has endorsed the renminbi as a freely usable currency, recognising China’s increased importance in the global financial market. The renminbi’s journey to attaining this status was never straightforward.
The deal between the two payments systems could improve corporates' ability to manage renminbi, their relationships with suppliers, and lower the cost of renminbi transactions, market experts claim.