Articles with tag like: consumer credit

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China halts Ant Group's IPO

News | Payments General | 04 Nov 2020

Ant Group’s record USD 37 billion listing has been stopped by Chinese authorities.

Ant Group, IPO, China, lending, fintech, banks, consumer credit

The FCA investigates wider application of open finance

News | Payments General | 17 Dec 2019

According to Reuters, the UK Financial Conduct Authority has started investigating how open finance can be extended to cross-sector services.

Financial Conduct Authority, Open Banking, FCA, Open Finance, data sharing, Open Data Economy, insurance, mortgages, investments, pensions, consumer credit, UK, United Kingdom, PSD2

PayPal sells consumer credit portfolio to Synchrony for USD 7 billion

News | Online Payments | 04 Jul 2018

PayPal has announced that it sells USD 5.8 billion in consumer credit receivables to Synchrony Financial as a part of an expanded collaboration.

PayPal, consumer credit, Synchrony Financial, card, MasterCard