C/NET (CNET)

[StockLogistics]

Excited to see this launch, basically a merger level cooperation:

“ZW Data Action Technologies Inc. said it has signed a strategic cooperation agreement with VCan Fintech, a Hong Kong-based financial technology company for global payment solutions.

ZW Data said the two companies would start in-depth cooperation in three major aspects of business, operation, and technology. The companies expect to build a B2B cross-border payment platform backed by blockchain technology, and provide merchants with blockchain-technology support, cross-border payment-data analysis, solution consulting, industrial capital solutions, and multi-dimensional industrial interaction services.

The companies, through VCan's regulatory licenses in Hong Kong, the U.S., the U.K. and other countries, also expect to launch an integrated cross-border payment service platform to connect overseas banks, UnionPay, international prepaid cards, Paypal and other financial-service systems.”