Tag: Alipay

Trump ups payment app war

The US/China conflict over the future of money has just moved up a notch. Yesterday, outgoing US president Donald Trump signed an executive order banning US users from accessing eight […]

China tech magnate slams global banking rules

Jack Ma, the co-founder and chairman of Chinese technology giant Alibaba, has attacked the Basel regulatory framework for the global banking system, calling it a hindrance to development. The Basel […]

ECB is preparing for digital euro

The president of the European Central Bank (ECB), Christine Lagarde, says Europe is falling behind in the global money race and may soon launch a new digital version of the […]

#Coronacrisis accelerates state digital currency plans

Although they haven’t yet reached fruition, plans to issue government-backed digital currencies in the world’s two largest economies appear to be moving forward in the wake of the economic disruption […]

Tighter borders, freer capital

Populist politicians in developed countries aim hostile rhetoric at economic migrants, aiming to deter their arrival. But for those who make it across borders to work abroad, sending money home […]

Payments are about client data

I meet technologist Dave Birch on a cold, wet January afternoon at Patisserie Valerie in Old Compton Street, a café in London’s Soho district. This is the original branch of […]