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Western Union Adds WeChat Capability to GlobalPay for Students

Western Union Adds WeChat Capability to GlobalPay for Students Capability enables academic institutions to simplify reconciliation of payments from Chinese students LONDON–(BUSINESS WIRE)–The Western Union Company (NYSE: WU), a leader in global payments services, announced today that it has added WeChat Pay to its WU® GlobalPay for Students product, through its alliance with Geoswift, a …

Payments companies look into China with caution

China appears to be opening up to the idea of a wider range of payments options. Before overseas companies look to dive in, they need to make sure they are keeping on the right side of the regulator. China is seeing a sea-change in how its consumers are making purchases. At the beginning of the …

Geoswift to throw hat in virtual banking ring

Geoswift, a Hong Kong-based payments company built around China-related cross-border business, will apply for a virtual banking license in Hong Kong, says CEO Raymond Qu. The company is currently applying for a stored-value facility (SVF) license, which will allow it to take deposits for digital services, but it can’t lend or offer interest to customers. …

The Booming E-Commerce Market in China – MoneyFM 89.3 & Raymond Qu

Raymond Qu, CEO of Geoswift, a strategic payment solutions platform talks about the booming e-commerce market in China.

Navigating the financial ecosystem challenges in China from CNBC

The biggest challenge for e-commerce players remains the fast-changing dynamics of the market, says Raymond Qu of cross-border payment solutions provider Geoswift.

The Lowdown on Chinese Tourism By Dana Nino, EVP of Geoswift US

The Lowdown on Chinese Tourism  Written by Dana Nino, EVP of Geoswift US The travel vertical in and out of China represents an enormous opportunity in the global travel market MANY travel companies will agree that although China has become a huge strategic milestone for their business, it is still bringing with it apprehension and …

Money20/20, the World’s Premier FinTech Event, Launches in China, the World’s Biggest FinTech Market

LAS VEGAS, NV (February 15, 2018) — Ascential announced in Hangzhou recently the launch of its trailblazing FinTech event Money20/20 at Hangzhou International Expo Center on 14-16 November 2018. The move reflects China’s rapid ascent to become a true world leader in FinTech and global interest in Hangzhou, in particular, as a hotspot for FinTech in China. Duncan Painter, …

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