-
India Finally Wakes its Payments Regulatory Board – Here’s What Comes Next
On 9 May 2025, a bureaucratic sleeper cell came to life. With a short notice – S.O. 2031(E), signed on 6 May, the Ministry of Finance pressed “activate” on §152 and §153 of the Finance Act 2017, the long-dormant clauses that add sweeping new powers onto the Payment and Settlement Systems Act 2007 (PSS Act).…
-
Golden Week Goes Global: How Alipay+ Turned a Five-Day Holiday into a Cross-Border Cash-Splash
For years, China’s May Day “Golden Week” has been the bell-weather of mainland consumer confidence. This year it doubled as a stress-test for cross-border digital wallets—one that Alipay+ passed with a flourish. New data from Ant International shows that transactions and total spending by international visitors inside China using the 13 overseas e-wallets plugged into…
