Shares of Visa and MasterCard have skyrocketed after the Chinese state council announced that they were opening up its payment transaction market to foreign companies. *|MC:SUBJECT|*
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23rd April 2015
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Shares of Visa and MasterCard have skyrocketed after the Chinese state council announced that they were opening up its payment transaction market to foreign companies.

Visa and MasterCard shares soar after China opens payments market
 
New Products & Technology

China’s largest bitcoin exchange by volume OKCoin has launched a new wallet to encourage the cryptocurrency industry to rethink its attempts to reach mainstream consumers.

Chinese bitcoin exchange launches OKLink Superwallet
 

International payments provider Currency Cloud has opened its first US office in New York City, the company announced yesterday.

Currency Cloud enters US FinTech market
 

Digital security firm Gemalto have partnered with transaction company NCR in order to strengthen its online banking security system.

Gemalto launches new fraud detection service for online banking
 
Partnerships

eBay’s higher-than-expected quarterly profit was boosted by revenue from its payments businesses, including PayPal, which will be spun off into an independent entity later this year.

eBay profits boosted by PayPal's payments business
 
VC

Peer-to-peer lending platform Funding Circle has announced the details of a $150 billion funding round, which values the startup at over $1 billion.

Peer-to-peer lender Funding Circle raises $150bn, reaching $1bn valuation
 
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