BY John Adams
China may be removing UnionPay's regulatory monopoly over card payments clearing, but loosening its grip on the market is another matter.
Last month Western Union sharply cut its prices to keep pace with the retail giant, several months after MoneyGram took a similar step. The developments offer a reminder of Walmarts consumer finance ambitions. more »
Financial services technology has dramatically improved payments for consumers. E-commerce connects buyers and sellers around the globe. more »
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