In 2002, China set up a state-owned network for debit and credit cards called UnionPay and blocked the domestic expansion of Visa and MasterCard. The government gradually loosened restrictions on ...

PayPal, one of the world’s largest digital payment companies, is facing tough questions from lawmakers in Washington. A ...

Money laundering isn’t new — and neither is China’s role in it. Millennia ago, Chinese merchants developed schemes to “clean” the profits of commercial trade and avoid taxation. Today, their ...

The CPG framework intends to streamline connections and enhance stability for overseas payment service providers.

MADRID (AP) — A framework deal has been reached between China and the U.S. for the ownership of popular social video platform TikTok, U.S. Treasury Secretary Scott Bessent said after weekend trade ...

By: IÑAKI ALDASORO, JON FROST, VATSALA SHREETI Digital innovation often starts with a radical idea. It can be a new way to ...

China tensions reshape the AI landscape, analysts say investors should hedge U.S. tech bets with Chinese exposure.

The US and China are closing in on a deal to avoid a US ban of TikTok – and it will include China allowing US techies to replicate and replace the wildly popular app’s secret-sauce recommendation ...

Digital payments are common, but they aren’t without their risks. Here are six rules to help you enjoy the speed and security ...

American prisons are fast becoming the world’s worst nursing homes, increasingly filled with aging criminals who can barely walk, let alone commit another crime. The idea that we should lock up people ...

BEIJING (AP) — The United States wants to improve military-to-military ties with China, a U.S. lawmaker leading a bipartisan congressional delegation said Monday in a meeting with China’s defense ...

Surging interest in artificial intelligence is generating huge gains for Chinese tech stocks like Alibaba, which has more ...