China

Blackhawk Network to expand U.S. Alipay mobile wallet acceptance

Blackhawk Network and Alipay, a digital payment platform operated by Ant Financial Services Group, have partnered to expand Alipay’s mobile payment acceptance and engagement offerings to participating U.S. retailers. Leveraging Blackhawk’s technology, the partnership will present an opportunity for Blackhawk’s ...

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DTCC’s Omgeo CTM to help outside companies in China

The Depository Trust & Clearing Corporation (DTCC) recently announced its Omgeo Central Trade Manager (CTM) now enables Wholly-Foreign-Owned Enterprises (WFOE) in providing Private Fund Manager (PFM) services in China. Omgeo CTM is DTCC’s strategic platform for the central matching of ...

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TransferWise’s open Chinese currency corridors

Peer-to-peer money transfer platform TransferWise has opened up what has been one of the world’s most difficult and expensive currency corridors. TransferWise customers can now make transfers to China from 14 different currencies, including the U.S. dollar, British pound, and ...

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