Financial regulators in China are moving to curb the influence of Jack Ma‘s Ant Group by telling it to switch focus back to its mainstay...
China’s State Council’s Anti-Monopoly Commission is considering investigating Alipay and WeChat Pay, two of the county’s biggest online payment and money transfer platforms, Reuters reported....
A small lapse in judgment can cost consumers big when transacting via payment apps, but having users jump through security hoops creates a clunky customer...
A joint venture for an advisory partnership between Vanguard and Ant Financial in China has hooked 200,000 clients in in its first 100 days, Financial...
It’s the end of the work week, and the PYMNTS Weekender is here to make sure you didn’t miss anything with the latest in payments...
Consumers and retailers have become more wary of handling physical cash during the COVID-19 pandemic, spurring some to turn to mobile payment apps instead as...
Ant Group, the online payment service affiliate of China’s Alibaba Group Holding Ltd, is looking to go public as early as this year, Reuters reported. ...
What’s in a name? Apparently, a lot – if you are dealing with Chinese regulators. Ant Financial Services Group has won a green light from...
MYbank, the online lending program of billionaire Jack Ma, is facing a serious test as the Chinese economy reels from the effects of the coronavirus,...