Asia

The cross-border payments specialist has developed a workaround to comply with a format that requires Chinese characters for certain transactions.

China's Metaverse Foundation collaborated with Russian crypto investment bank CyberTrust to create the Cryptocurrency Fund to support ICO projects from China and Russia through KICKICO's crypto crowdfunding platform.

Payments startup UTRUST is calling its first step in building a bitcoin and cryptocurrency payments platform with consumer protections a huge success, despite events working against its industry in China.

With a blanket ban on initial coin offerings, China has sidestepped an issue plaguing regulators worldwide: are such tokens securities?

Square Inc.'s addition of mobile chip-and-PIN in the U.K. and Australia markets is setting a precedent that some in the U.S. are loath to follow.

An Australian company is introducing its own version of bitcoin that will let homeowners and businesses sell excess energy generated from their rooftop solar panels to neighbors, without a middleman taking a cut.

Uber India this week announced its integration with Unified Payments Interface (UPI), the mobile payments technology developed by the government-sanctioned National Payments Corporation of India and two local banks, expanding mobile payments access to Uber riders and drivers.

Chinese tourists visiting Malaysia can now use their Alipay mobile wallet at all 242 Starbucks locations in the country.

E-commerce cross-border payments provider dLocal has updated its platform in India, enabling global e-merchants to accept and remit payments through all local methods and target the mobile consumer in the country.

Payments are getting more complex as business gets more global, adding channels and expanding ways to sell. Part of the strategy at the matchmaker crowdSPRING is to find a match of its own: AliExpress, Alibaba's online marketplace. It’s also considering a foray into virtual currency.