Why do so many AI pilots fail in banking even when the technology itself works?..
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Mastercard and JD.com have entered a strategic partnership to develop cross-border supply chain finance tools for businesses and…
Tencent reported a 9% increase in revenue from its fintech and business services division for the first quarter…
Ant Group saw an estimated 79% decline in quarterly profit as the company accelerates its spending on AI,…
Alibaba Group has released its financial results for the quarter and fiscal year ending 31 March 2026, reporting…
Weixin Pay is expanding its merchant footprint in Australia, rolling out its digital wallet across 12 major tourist…
XTransfer has expanded its X-Net settlement infrastructure into Latin America, aiming to address persistent cross-border payment challenges faced…
Alipay AI Pay has launched a delegated purchasing feature on Taobao, allowing users to authorise an AI assistant…
UOB Private Bank has appointed Paul Zhou as Market Head for Greater China to drive its wealth management…
Alipay has launched a new AI payment processing product in mainland China, allowing merchants to accept payments directly…
Banma Intelligence and Alipay have launched an AI cockpit solution that introduces in-car voice payments to smart vehicles…
Chinese tech giants Tencent and Alibaba are in discussions to invest in AI startup DeepSeek, The Information reported,…
Alipay has launched a service that lets OpenClaw-type AI agents make purchases and complete payments with user approval.…
Abu Dhabi Global Market (ADGM) and the Futian District People’s Government of Shenzhen have signed a Memorandum of…
Chinese artificial intelligence startup DeepSeek is in talks with investors to raise at least US$300 million at a…
Circle CEO Jeremy Allaire predicts that China could roll out a yuan stablecoin within three to five years…
HSBC has appointed Max Xu as Head of International Wealth and Premier Banking (IWPB), HSBC China, and Samuel…
DBS and Bank of China (BOC) have announced plans to strengthen their long-standing partnership, focusing on financial innovation…
China plans to expand access to its digital yuan by allowing 12 additional banks to handle the currency,…
Ant Group is nearing the completion of its acquisition of Bright Smart Securities & Commodities Group, a deal…
Mastercard has announced a collaboration between its money movement platform, Mastercard Move, and Bank of Shanghai to support…

