Richard Turrin, fintech consultant and author, says "the last thing that China wants to do with its … new baby of a currency is to get it put into the mud while in the sanction-busting game."

China's RMB accounts for around 2% of world trade and trade finance.

Get a fresh perspective on core and emerging technologies - from AI to analytics - and the related leadership challenges. Put these technology books on your reading list.

Venture capitalists have invested more than $160 billion in fintech startups over the past five years. What have they and and fintech founders learned after spending all that money?

This is a preview of the "Global Fintech Landscape" premium research report from Business Insider Intelligence, Business Insider's premium research service. To learn more about Business Insider...

It’s not clear if Biden’s expanded tariffs on Chinese electric vehicles will ultimately serve U.S. interests.

TransferWise employees and early investors sold some of their stake in a $319 million secondary deal.

On average, challenger banks' app downloads dropped by 23.38% by the end of March 2020 compared to February this year. Find out more in our report.

India’s Ministry of Technology banned 59 apps, including TikTok and WeChat, saying the software threatens the country’s security and sovereignty, as well as citizens’ privacy.

QR codes have been hugely popular with restaurants during the pandemic.

ByteDance’s Jinri Toutiao is becoming one of China’s many super apps, which include WeChat and Meituan

The card payments ecosystem is both opaque and unequal for customers

Google is the latest big tech company to make a move into banking and personal financial services: The company is gearing up to offer checking accounts to

Russia and China exceeded their transaction target for trade of USD 200 billion before the end of the year

As the government tries to get more Indians into the financial system, deep-pocketed rivals are dominating the market.

Tech group promotes new style of mobile bank account in alliance with lenders

China's President Xi Jinping said in Riyadh on Friday that China and Gulf nations should make full use of the Shanghai Petroleum and National Gas Exchange as a platform to carry out yuan settlement...

Pandemic encourages more businesses to move to contactless payments

Fintech is overhyped, but it's also keeping centuries-old banks on their toes.

First nationwide rollout of WhatsApp Pay will allow users to send money without leaving platform

Tencent has created a vast empire with many of its targets to be found in the UK

A report that the Treasury Department is going to recommend the creation of a digital dollar right up to the point of deciding whether one is actually in

Cross-border payments are expensive, slow, and opaque. These problems reflect multiple frictions, many of which boil down to limited trust among counterparties. Trust plays a central role in exchan...

Amazon.com, Facebook, Walmart and other corporate giants may soon give Wall Street a run for its money as a key U.S. regulator is smoothing the path for nonbanks to get into lending. The Federal De…

TransferWise, the London-headquartered international money transfer service most recently valued by investors at $3.5 billion, has partnered with China's

Facing new restrictions and calls to be banned in the US and Europe, the popular app faces a fight for its future

Most claims in 2013-2015 that FinTech startups would “disrupt” incumbent financial institutions have been debunked.

To survive, banks and credit unions must build the digital infrastructure and competitive mindset that can make an organization future-ready.

Investment will focus on online-payment related tech

How China’s digital payments technology will take over the world. Our guest on the latest New Money Review podcast is Rich Turrin, a US citizen based for a decade in […]

Many Bitcoin mines in Southwest China’s Sichuan Province – one of China’s largest cryptocurrency mining bases – were closed as of Sunday, according to after local authorities ordered a halt to mining...

A proposal to prevent big technology companies from functioning as financial institutions or issuing digital currencies has been circulated for discussion by the Democratic majority that leads the...

Building a better mouse trap for a mouse you’ve never encountered before is not the way to go.

Alipay, part of Ant Financial / Alibaba, just had a gangbusters day as all of the transactions for Singles Day were processed through the payment platform. More than five years ago, Alipay topped...

As the idea of central bank digital currencies starts to gain traction, the U.S. in particular needs to pay attention or risk losing a major aspect of its geopolitical power, according to JPMorgan...

He says China is only one or two years behind the United States in artificial intelligence, and already ahead in facial recognition.

Technology firms Tencent and Alibaba are among those expanding operations amid US-China tensions.

China's top antitrust agency is looking at whether to launch a probe into Alipay and WeChat Pay, prompted by the central bank which argues the digital payment giants have used their dominant positi...

4 key changes to generating new ideas in financial institutions get the whole workforce thinking, instead of confining innovation to a lab.