Day: April 17, 2014

Tencent: The Secretive, Chinese Tech Giant That Can Rival Facebook and Amazon

See on Scoop.it – Money & Payments A tech war has raged in China, and a winner seems ready to emerge. It’s Tencent–a controversial, $139 billion company with nearly a billion users… Faisal Khan‘s insight: Perhaps one of the best written journalistic pieces on Tencent, the owners of WeChat. The entire Chinese market very aptly …

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Russia Plans to Fine International Payment Systems for Freezing Accounts

See on Scoop.it – Money & Payments In March, Visa and Mastercard payment systems ceased servicing cards issued by the Rossiya bank and two of its subsidiary banks, as well as SMP Bank in Russia. Faisal Khan‘s insight: This is an interesting take on things. Politics aside, both VISA/MasterCard should not have been used as …

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