Fintech News
MAY 12, 2025
Chinas Ant Group plans to divest a 4% stake in Indian digital payments company Paytm for approximately US$242 million, according to a term sheet reviewed by Reuters. The identities of the prospective buyers were not disclosed, and both Ant Group and Paytm have yet to respond to requests for comment.
Payments Dive
JULY 1, 2025
Treasury Department use that tool to replace checks with digital payments. Published July 1, 2025 Patrick Cooley Reporter post share post print email license Zelle is a peer-to-peer payment app businesses and consumers can use to transfer money. request for information.
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PYMNTS
JUNE 23, 2020
A lawyer for Braun did not immediately respond to a request for comment from the newspaper. Braun allegedly committed the scam with others, investigators said, but no one else had been named at press time, according to the report. Until his resignation Friday (June 19), when an audit revealed 1.9 billion euros ($2.1
PYMNTS
JUNE 26, 2020
Wirecard did not return a request for comment, Bloomberg reported. Three years ago, Mastercard and Wirecard made the digital payment solution available to Wirecard merchants in the United Kingdom with the Pay by Bank app. Created by Vocalink, a Mastercard company, it allows debit payments for goods and services.
PYMNTS
JULY 31, 2020
China’s State Council’s Anti-Monopoly Commission is considering investigating Alipay and WeChat Pay , two of the county’s biggest online payment and money transfer platforms, Reuters reported. COVID-19 and its aftermath moved the country from cash to online payments. Reuters reported. Reuters reported.
The Fintech Times
JANUARY 11, 2024
The Computer & Communications Industry Association (CCIA) has responded to the Consumer Financial Protection Bureu ‘s request for comments on a proposal to define and regulate larger participants in the general-use digital consumer payment marketplace.
PYMNTS
MAY 22, 2020
Representatives for Adevinta, Axel Springer, Blackstone, KKR, Naspers and Permira declined to comment. Spokespeople for eBay and Hellman & Friedman didn’t immediately respond to requests for comment.
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