Latest Financial services technology News

China's Ant Group to share credit data with central bank

Sep. 23, 2021 09:55 AM EDT

BEIJING (AP) — China’s central bank will soon have access to the private credit information of hundreds of millions of users of Ant Group’s online credit service, in a move signaling more regulatory oversight of the financial technology sector. Huabei, Ant...

Canadian justice lawyer says Huawei CFO was dishonest

Aug. 12, 2021 16:36 PM EDT

VANCOUVER, British Columbia (AP) — The dishonesty of a senior executive for Chinese communications giant Huawei Technologies put a bank at risk of violating U.S. sanctions against Iran, a Canadian justice department lawyer told an extradition hearing Thursday. Canada...