PYMNTS-MonitorEdge-May-2024

china

China, officially the People's Republic of China, is a country in East Asia and the world's most populous country, with a population of around 1.404 billion in 2017. Covering approximately 9,600,000 square kilometers, it is the third or fourth largest country by total area.

This Week in AI: China’s Regulations Go Live While Use-Cases Expand 
This Week in AI: China’s Regulations Go Live While Use-Cases Expand 
August 18, 2023  |  artificial intelligence

The wheels of the generative artificial intelligence (AI) marketplace keep moving forward.  And their innovative turns are driving the emergent AI sector toward an exciting...

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Alipay Debuts ‘International’ Version of Mobile Payment App
Alipay Debuts ‘International’ Version of Mobile Payment App
August 17, 2023  |  Mobile Wallets

Chinese payments platform Alipay has debuted an “International Version” of its app for overseas travelers to China. The new version, announced Thursday (Aug. 17), is...

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Tencent Announces Plans for AI-Powered Services
Tencent Announces Plans for AI-Powered Services
August 16, 2023  |  artificial intelligence

Tencent, one of China’s leading internet companies, has announced its intention to release a proprietary artificial intelligence (AI) model later this year. The company believes...

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Can China’s First-Mover Advantage in Regulating AI Keep Innovation Alive?
Can China’s First-Mover Advantage in Regulating AI Keep Innovation Alive?
August 15, 2023  |  artificial intelligence

As of this week, artificial intelligence (AI) is no longer a globally unregulated entity. This, as China’s new rules governing the disruptive technology — composed...

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Global Trade Faces Slowdown as Economic Growth Weakens
Global Trade Faces Slowdown as Economic Growth Weakens
August 09, 2023  |  Economy

The world is facing a major slowdown in global trade as economic growth weakens. In addition, governments around the world are increasingly curbing business with...

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Payoneer Q2: Thinking Globally, Acting Locally Boosts Emerging-Market B2B Payments Growth 40% YoY
Payoneer Q2: Thinking Globally, Acting Locally Boosts Emerging-Market B2B Payments Growth 40% YoY
August 08, 2023  |  B2B Payments

“The export of goods and services is more prevalent, digital and borderless than ever,” Payoneer executives told investors on the company’s second-quarter 2023 earnings call Tuesday...

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China Calls for Limits on Facial Recognition Tools
China Calls for Limits on Facial Recognition Tools
August 08, 2023  |  Biometrics

China wants its businesses to think twice before using facial recognition technology. The country’s Cyberspace Administration (CAC) on Tuesday (Aug. 8) introduced draft regulations calling for limits on facial...

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Paytm Founder Buying 10% Stake in Company From Ant Group
Paytm Founder Buying 10% Stake in Company From Ant Group
August 07, 2023  |  Acquisitions

The founder of Indian eCommerce and payments firm Paytm is now reportedly also its largest shareholder. Paytm Chairman Vijay Shekhar Sharma is set to purchase a 10.3% stake worth...

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China’s Child Screen Time Protections Could Hurt Social Media Giants
China’s Child Screen Time Protections Could Hurt Social Media Giants
August 02, 2023  |  Regulation

China’s internet regulator has introduced regulations to keep kids from spending too much time online. The rules issued by the Cyberspace Administration of China (CAC)...

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