The New Faces of Payment Fraud: When Data Becomes a Weapon
In the past, preventing payment fraud was largely about stopping hackers from stealing massive volumes of credit card numbers. But the latest threat intelligence reveals a strategic shift—fraudsters are now prioritizing data quality over quantity. According to...
Seamless Travels: China-Issued Visa Cards Now Support Apple Pay for Overseas Use
Great news for travelers and cross-border shoppers! Visa has officially launched support for Apple Pay, allowing holders of Visa cards issued in Mainland China to add their cards to Apple’s digital wallet for use outside of Mainland China. This new service enables...
Instant Payments to Mainland China: Visa Direct and UnionPay International Announce Major Partnership
Instant Payments are the way money moves across borders, and they are about to get much faster for millions of people sending funds to Mainland China. In a significant move to modernize global payments, Visa Direct has announced a strategic partnership with UnionPay...
China Introduces Interest on Digital Yuan – A New Era for e-CNY?
China is ramping up efforts to make its digital currency more attractive, particularly for international use. In a landmark move, the People’s Bank of China (PBOC) has started paying interest on its central bank digital currency (CBDC), the e-CNY, marking the first...