Alibaba and Chinese banks do battle over online lending and e-commerce, Credit Karma secures new funding to expand its service as it looks to become the default for consumers’ complete financial identity, and more top stories from this week in FinTech.
Alibaba with the launch of its online lending service, MYbank, is set to tap into Chinese savers’ record $7.8 trillion of deposits. Needless to say, Chinese banks are not happy about this. Some of […]
