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China's e-yuan gets tested at the grassroots ahead of rollout - China In Focus News
In Focus

China's e-yuan gets tested at the grassroots ahead of rollout

That element of consumer privacy changed with the advent of electronic payment systems like Alipay WeChat and PayPal which allow service providers access to transaction information.
Cash will live on for the foreseeable future - China Opinion
Opinion

Cash will live on for the foreseeable future

That trend which has been replicated across the developed world has given a further boost to digital banking and non bank payment system providers. Apple Pay and PayPal are doing...
US-China financial decoupling 'not happening' despite rhetoric: veteran China watcher - China Finance News
Finance

US-China financial decoupling 'not happening' despite rhetoric: veteran China watcher

They highlighted several examples such as PayPal which in 2019 acquired a 70 percent stake in the Chinese firm GoPay and Goldman Sachs which in March 2020 received approval to step...
Facebook reveals Libra cryptocurrency, with lofty goals - World News
World

Facebook reveals Libra cryptocurrency, with lofty goals

The name Libra was inspired by Roman weight measurements the astrological sign for justice and the French word for freedom said David Marcus a former PayPal executive who heads...
Chinese market impresses Irish investment chief - China Economy News
Economy

Chinese market impresses Irish investment chief

We are especially strong in cyber security payments risk modeling data and analytics and blockchain technology. Companies such as MasterCard PayPal Citi First Data Deloitte...
Innovation conference helps spark ideas - Shanghai Metro News
Metro

Innovation conference helps spark ideas

In this year s conference a new player Plug and Play which invested in Google and PayPal will help spot the next tech star.
Expats are breaking the yuan credit card barrier - Shanghai Metro News
Metro

Expats are breaking the yuan credit card barrier

Jadeine Whiteside a Fijian fashion designer living in Shanghai wanted a local credit card to assist her website business and PayPal transactions.
Combative Tesla chief divides Wall Street - Lifestyle in China
Lifestyle

Combative Tesla chief divides Wall Street

He followed that with the creation of the online bank X.com which was later merged into PayPal and in 2002 bought by eBay for US 1.5 billion. Forbes estimates Musk s wealth at US 22.1...
Facebook in talks with banks to expand customer service - China Tech News
Tech

Facebook in talks with banks to expand customer service

The social media company said users of financial firms such as PayPal Citibank and American Express could link their financial accounts with Facebook s Messenger and chat with a customer...
Machine intelligence will shake up banking, but disruptors won't be fintech startups - Foreign views news
Foreign views

Machine intelligence will shake up banking, but disruptors won't be fintech startups

It was discovered that the most common ones for startups were acquisitions or quick imitations by incumbent banks. PayPal once a disruptor itself and now an incumbent is investing...
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