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News Nuggets | 2 May: Revolut in Brazil; WeChat's Digital Yuan Expansion

  • Also, XS.com brings a new South African country manager; and ESMA recognizes new TC-CCPs.
  • Read today's FX/CFDs, crypto and fintech sectors' dynamic news.
by Finance Magnates Staff
News

Are China's Banks Using the CDBC to Wrest Data Control from AliPay & WeChat?

  • 6 of China's largest banks are promoting the use of the e-CNY in an online shopping festival on May 6th.
by Rachel McIntosh
News

Bank of China Disses Crypto Trading on Official WeChat Account

  • Discouraging against crypto trading, the post pointed to market manipulation, fraudulent bot transactions, and volatility.
by Rachel McIntosh
News

Tencent Concerned Over Threats from Libra on WeChat Pay

  • The company did not disclose any measures to tackle the threat.
by Arnab Shome
Exchanges

Binance Accepting Fiat Deposits Through AliPay, WeChat

  • The company did not partner with the companies to roll out the service.
by Arnab Shome
News

WeChat Bans Merchants From Dealing in Cryptocurrencies

  • The policy change likely stems from pressure from the Chinese government
by David Kimberley
News

Alipay and Wechat Pay Order Huobi to Remove Payment Options

  • Huobi’s OTC desk customers can upload QR codes to make payments using these providers.
by Arnab Shome
Products

TD Ameritrade Launches WeChat Experience for US Investors

  • TD Ameritrade says it has a proud history of innovation dating back to its founding in 1975.
by Aziz Abdel-Qader
News

Messaging App Line to Set Up Bank with Mizuho

  • The Japanese firm also announced a partnership with WeChat owner TenCent on Tuesday.
by David Kimberley
News

China Blocks Access to 124 Foreign Cryptocurrency Exchanges

  • Chinese social media giants WeChat and AliPay have also blocked all cryptocurrency-related accounts.
by Simon Golstein
News

SafeCharge Signs Goldmoney to Expand Online and Mobile Deposit Options

  • The list of payment options includes digital wallets that dominate consumer spending in China.
by Aziz Abdel-Qader
Brokers

Juno Markets Adopts WeChat Pay and AliPay, Facilitating New Client Funding

  • Juno Markets is accepting payments from two of China's most popular digital wallets.
by Jeff Patterson
Blogs

How the FX Trading Industry has Embraced WeChat

  • FX brokers' adoption of WeChat could improve CRM integration, shoring up marketing and acquisition.
by Guest Contributors
Blogs

Global Trade for the Few, Global Trade for All

  • Global trade pioneers take advantage of innovations in communications, sales and payments, made possible by the internet.
by William Laraque
Bloggers

E-Commerce as a Case Study: How to Handle Payments in China

  • In the latest edition of the FM Intelligence Report, readers can find a thorough case study of the Chinese payments industry.
by Guest Contributors
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