PYMNTS

AUGUST 23, 2019

Huawei said that revenue loss from U.S. In May, Washington placed Huawei on an Entity List that cut it off from U.S. technology and essential components over fears of spying from the company’s 5G technology and infrastructure. In May, Washington placed Huawei on an Entity List that cut it off from U.S.

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PYMNTS

JUNE 24, 2019

Chinese telecom company Huawei Technologies has filed a lawsuit against the U.S. In its filing, Huawei explained that it shipped the telecommunications equipment, including a computer server and Ethernet switch, from China to a testing laboratory in California. “The Commerce Department over telecommunications equipment.

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PYMNTS

DECEMBER 10, 2018

banks, have been embroiled in the Huawei Technologies scandal in which Canada arrested the company’s Chief Financial Officer Meng Wanzhou at the request of U.S. The Huawei executive was arrested over charges that she misled banks about the company’s dealings with Iran to get around international sanctions.

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PYMNTS

JULY 10, 2018

Audi announced on Tuesday (July 10) that it inked a memorandum of understanding for a strategic cooperation with China’s Huawei. We are intensifying our joint research with Huawei in the area of intelligent connected vehicles,” explained Saad Metz, executive vice president of Audi China.

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PYMNTS

DECEMBER 6, 2018

An overseer at HSBC flagged questionable transactions by Huawei Technologies, leading to the arrest of Huawei Chief Financial Officer Meng Wanzhou, according to a report by The Wall Street Journal. Wanzhou is the daughter of Ren Zhengfei, Huawei’s founder.

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The Paypers

DECEMBER 11, 2023

Ant Group , the fintech affiliate of Alibaba Group Holding , has partnered with China-based Huawei Technologies to develop a dedicated version of Alipay.

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Groups Fintech Technology 36

PYMNTS

JUNE 7, 2019

A ban on purchasing telecom equipment from Chinese companies including Huawei would add $62 billion to the expenses associated with Europe’s rollout of 5G networks. The increased costs assume a complete ban on purchasing equipment from Huawei and ZTE, the Chinese rival for 5G network rollouts in Europe.

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PYMNTS

JUNE 20, 2019

The head of Huawei claims the banks involved in the U.S. In an exclusive interview with CNBC on Wednesday (June 19), CEO Ren Zhengfei spoke for the first time about the case against Huawei. prosecutors filed criminal charges against China’s largest technology company, accusing it of stealing trade secrets and committing bank fraud.

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PYMNTS

JUNE 24, 2019

Chinese tech company Huawei said it has “no doubt” it’s going to meet Germany’s security requirements for upcoming 5G networks in the company, Reuters reported. The comment came from Werner Haas, Huawei’s German chief technology officer, and it’s noteworthy because Huawei is currently under sanctions from the U.S.

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PYMNTS

APRIL 4, 2019

Massachusetts Institute of Technology announced in a letter to colleagues that it will no longer collaborate on any new projects with Huawei, ZTE or any units of the two Chinese companies. Department of Justice in January alleged Huawei violated U.S. university cutting ties with Huawei. MIT isn’t the only U.S.

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PYMNTS

APRIL 22, 2020

But as Paul Scanlan, chief technology officer of Huawei , said in an interview with Karen Webster, 5G is about far more than speed. New technologies, such as biometrics, can help to authenticate users. “If Circling back to the controversies surrounding Huawei, last year the company was placed on the U.S.

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The Paypers

MAY 2, 2023

UnionDigital Bank has announced its partnership with global technology provider Huawei to offer improved financial tools to clients in the Philippines.

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PYMNTS

OCTOBER 2, 2017

A study of 1,000 Chinese consumers indicates that for the first time, local maker Huawei has edged out Apple for being the number one smartphone consumers are preparing to purchase. Huawei, on the other hand, saw 31.4 The study also found that among those who hope to buy an iPhone at all, 65.1 Overall, 24.2

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The Paypers

MARCH 27, 2023

Chinese multinational provider of comms technology Huawei has launched its Non Stop Banking initiative to enable banks to increase revenue and customer base, save operational costs and enhance financial inclusion.

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Operations Technology 36

PYMNTS

SEPTEMBER 7, 2016

Chinese telecommunications firm Huawei and Indian IT firm Infosys are pairing up to help banks get on the cloud. The tool was announced at the Huawei CONNECT 2016 event held in China, a conference that focused on the themes of “transformation” and “innovation,” reports said. Reports on Monday (Sept. ”

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PYMNTS

OCTOBER 25, 2020

Touting 5G data speeds that are already 25 times faster than current 4G technology (and will eventually be 100 times faster), the two companies said the security, reliability and ultra-low lag times will bring increased efficiency and reduced costs.

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Accenture

OCTOBER 29, 2020

The perception that Hong Kong is behind other global financial and technology hubs on innovation both in fintech and technology, in general, is widespread. The post Nurturing winners: how Hong Kong can seize its fintech potential appeared first on Accenture Banking Blog.

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PYMNTS

MAY 2, 2019

Representatives from a number of countries around the world – excluding Russia, China and representatives from technology giant Huawei – met to discuss the security of 5G networks as many countries prepare for deployment of the technology, according to a report by Reuters.

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PYMNTS

SEPTEMBER 30, 2019

An internal policy document by the European Commission ’s Directorate-General for Communications Networks, Content and Technology outlines a proposed “initiative for technological sovereignty.” based Apple and Chinese company Huawei. “In There’s a whole innovation engine here that needs to be torqued up.”.

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Payments Source

JULY 11, 2017

WorldRemit is working with China-based handset maker Huawei Technologies to make WorldRemit’s money transfer service available on Huawei’s platform in Africa.

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Mobile Technology Payments 60

PYMNTS

JANUARY 23, 2020

The news means that Chinese 5G provider Huawei Technologies could be affected. . While Huawei was not named in particular, the company is an obvious target, and the U.S. has been pressuring the EU to be cautious of Huawei, especially over fears that the company could use its equipment to spy on other nations.

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PYMNTS

JANUARY 15, 2020

companies that are working on the technology, according to a report by The Wall Street Journal. Huawei recently became the top global supplier of mobile radio equipment, and the U.S. Huawei has also been accused of leveraging low-cost loans and other support that American companies don’t receive. Security officials in the U.S.

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PYMNTS

JUNE 17, 2019

export blacklisting along with other actions against Huawei Technologies Co. technology. technology. It procured American technology with a value of $11 billion in 2018 compared to a budget for total procurement of $70 billion. Washington has also reportedly asked other countries to ban Huawei. government.

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PYMNTS

JUNE 10, 2019

Reuters , citing Hu Xijin, the chief editor of China’s Global Times newspaper, reported that in a tweet he said the country is “building a management mechanism to protect China’s key technologies.” government to blacklist Huawei Technology, preventing it from doing business in the U.S. will be subject to the control.”.

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PYMNTS

SEPTEMBER 16, 2020

26) that it will work with Rakuten to develop an OpenRAN (radio access network) system, a deal that will enable the Spanish telecom giant to roll out 5G service without having to deal with the controversial Chinese heavy-hitter Huawei. Telefónica said on Wednesday (Sept. The deal comes as government officials in the U.K. and the U.S.

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PYMNTS

SEPTEMBER 30, 2019

As Goldman Sachs is predicting a huge boom from upcoming 5G mobile technology , it recently upped its 5G smartphone estimates for next year from 50 million to 120 million, according to reports. Hall previously thought that because of the Huawei trade restrictions, 5G would only be available to a limited number of people.

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PYMNTS

APRIL 24, 2020

As previously noted, Huawei was placed on the U.S. Paul Scanlan, chief technology officer of Huawei, said in a past PYMNTS interview that “governments claim that Huawei software is this and that” and China has been decried as having a government that is authoritarian.

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PYMNTS

JANUARY 20, 2020

Viettel, the largest telecom company in Vietnam, will roll out commercial 5G services this year with technology it created itself that bypasses China’s Huawei , The Financial Times reported. Few companies have created commercial 5G technology successfully. pressure as well.”. on par with equipment makers in China.

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PYMNTS

MAY 11, 2020

The pandemic has prompted Stockholm-based telecommunications technology firm Ericsson to up its forecast for worldwide 5G subscriptions to 2.8 Ericsson and its chief rivals — Finland’s Nokia and China’s Huawei — are competing for customers wanting to upgrade their networks to 5G. The company had originally forecast 2.6

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PYMNTS

DECEMBER 2, 2019

Technology firms in China are framing facial recognition policies at the United Nations (UN), The Financial Times (FT) reported on Sunday (Dec. The data obtained by FT shows that Chinese tech firms are striving to expand markets for the latest facial recognition technology while advancing a global standard.

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PYMNTS

JANUARY 2, 2019

A diplomat who spoke to Financial Times said that with the upcoming adoption of 5G mobile technology, it’s a good time to question China’s motives for offering tech to other countries. “A Huawei denied any wrongdoing in the arrest. Huawei is a leading contender to supply the equipment for the new networks.

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PYMNTS

FEBRUARY 11, 2019

Shipments of Apple’s iPhones plummeted around 20 percent in China during the fourth quarter of last year, as competitor Huawei Technologies was able to steal share. At the same time that iPhones are losing their luster with Chinese consumers, Huawei is gaining share. percent, making Huawei the No.

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The Paypers

MAY 2, 2016

(The Paypers) Fingerprint Cards ( FPC ) and Precise Biometrics have provided fingerprint technology for Huawei Honor 5C smartphone.

Technology 28

Technology Cards 28

PYMNTS

MARCH 23, 2016

Huawei Technologies, the Chinese handset giant, has been taking steps to push its mobile payment service even further into that country, which means that the field is getting a bit more crowded for Apple Pay — right where the largest smartphone market in the world resides, The Wall Street Journal noted on Tuesday (March 22).

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TheGuardian

JUNE 10, 2020

Mike Pompeo said the US was ready to assist Britain with whatever it needed after Beijing reportedly threatened to punish HSBC and break its commitments to build nuclear power plants in the country if the UK did not allow the Chinese technology firm Huawei to build its 5G network. Continue reading.

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PYMNTS

JANUARY 8, 2019

As one example, the report pointed to Huawei, which has beefed up its internal research and development as it aims to expand around the globe. patents, Huawei led the charge, ranking 16th in terms of the number of U.S. The increase in U.S. patents comes as the U.S. tech companies. In comparison, IBM was granted 9,100 patents in 2018.

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PYMNTS

APRIL 22, 2020

Huawei CTO On 5G’s Groundswell In China — And Challenges Elsewhere. Huawei has drawn its share of controversies — as has its role with 5G. Paul Scanlan, Huawei’s chief technology officer, delved into both subjects, noting to Karen Webster that 5G has been deployed rapidly in China, but faces challenges elsewhere.

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