- August 17, 2023
Chinese payments platform Alipay has debuted an “International Version” of its app for overseas travelers to China.
The new version, announced Thursday (Aug. 17), is designed to fulfill international travelers’ mobile ...
- August 3, 2023
Super apps like Alibaba’s Alipay and Tencent’s WeChat have become super successful in Asia.
Their market dominance in turn has made Western entrepreneurs “super” interested in building their own, perhaps none ...
- July 21, 2023
Visitors to China can now link their Visa and Mastercard accounts to the country’s most popular mobile payment applications, Alipay and WeChat Pay.
Ant Group, the operator of Alipay, said Friday (July 21) that overseas users of the ...
- July 21, 2023
Ant Group has appointed its senior vice president, Peng Yang, as president of the company’s International Business Group (IBG).
Yang will report to Eric Jing, chairman and CEO of Ant Group, ...
- July 3, 2023
Alipay and Tinaba have expanded their partnership to help Italian travelers make payments in Asia.
Tinaba, a Milian-based payments company, announced in a press release the latest iteration of the team-up late Sunday (July ...
- June 21, 2023
Alipay and Mastercard have teamed up to offer a new payment option for international visitors to China, allowing them to go cashless while traveling around China’s mainland, the two companies ...
- January 15, 2023
Alipay has teamed with Splitit to help customers make eCommerce payments in installments.
The Chinese payments company said Sunday (Jan. 15) it was working with Splitit — a buy now, pay ...
- November 11, 2022
During the 10 days leading up to China’s Singles Day shopping event, there was a 40% increase in the number of online transactions via the Alipay+ payment platform compared to ...
- October 26, 2022
Chinese citizens have spent more than $14 billion worth of digital yuan, the People’s Bank of China said last week.
That represented 360 million transactions made at some 5.6 million merchants ...
- September 26, 2022
Digital payments platform Alipay+ has partnered with Asian mobile payment providers to enable the use of four digital wallets in South Korea.
With these integrations with Alipay+, which is developed by ...
- September 7, 2022
Indonesian banking and digital finance platform Akulaku has partnered with Alipay+, allowing customers in Indonesia to use Akulaku’s buy now, pay later (BNPL) offering PayLater at Alipay+ merchants worldwide.
According to ...
- August 31, 2022
Today in the connected economy, financial messaging services provider SWIFT has rolled out a predictive data intelligence tool that identifies potential problems with cross-border transactions.
Also, banking giant Santander is joining ...
- August 31, 2022
In today’s news from Europe, the Middle East and Africa (EMEA), Thunes has partnered with Alipay+ to increase eWallet acceptance in Europe and Santander has selected Trovata for its cash ...
- August 31, 2022
Noting the recovery of international tourism and the popularity of mobile wallets, cross-border payments company Thunes has partnered with Ant Group’s Alipay+ to enable merchants in Europe to accept the ...
- August 3, 2022
Chinese FinTech Ant Group‘s Alipay is in the midst of another change in corporate leadership, with Eric Jing Xiandong stepping down as legal representative and chairman of Alipay.com.
That’s according to ...
- May 13, 2022
Chinese FinTech giant Ant Group is looking to hire 20 new positions in Singapore as part of an expansion across Southeast Asia, according to a LinkedIn post on its company ...
- April 5, 2022
Razer Merchant Services (RMS), the B2B arm of American-Singaporean FinTech Razer, is expanding its merchant offerings by integrating Alipay+ solutions into more than 60,000 online and offline merchants across Malaysia.
According ...
- December 2, 2021
China’s crackdown on technology companies that offer payment services had the unintended side effect of opening the lines of communication between competitors like Alibaba and Tencent, CNBC reported on Thursday ...
- November 29, 2021
In China, what seems to be a crackdown on Big Tech — on the payments giants in particular — continues.
Or maybe not, depending on where you look.
And thus, some confusion ...
- October 4, 2021
Alipay and WeChat Pay are giving state-owned bank card clearinghouse UnionPay even more access to their mobile payment ecosystems as China continues to push Big Tech companies to become more ...
- September 17, 2021
In this week’s news, we saw retail subscriptions at risk when the COVID-19 pandemic ends, while Apple finally closed a longstanding security loophole. The Weekender is here to catch you ...
- September 13, 2021
When companies are refashioned not by competitive forces but by government fiat, the ripple effects can be broad — and, for at least some stakeholders, decidedly negative.
Alibaba’s Alipay is being ...
- September 12, 2021
Beijing is angling to break up the super-app Alipay in order to make a new app for the company’s 1 billion-plus-user loans business, a Financial Times report says.
This would make ...
- July 26, 2021
The People’s Bank of China wants Ant Group and Tencent Holdings Ltd., which operate payment networks Alipay and WeChat Pay, respectively, to help it develop digital yuan, The Wall Street ...
- July 8, 2021
The People’s Bank of China is warning big technology companies in the country that they will be subject to the same antitrust scrutiny and measures as Alibaba’s FinTech affiliate Ant ...
- July 7, 2021
In China, the rise of the super app may face headwinds.
Or think of it this way: If a super app is a chain of linked activities and services, from banking ...
- July 7, 2021
Chinese regulators forced Tencent’s WeChat messaging service and Ant Group’s Alipay to remove Didi from its app interface and rendered Didi no longer searchable in app stores in the country, ...
- May 10, 2021
In today’s top news, China’s digital yuan trials have been expanded to Alipay users, and the U.S. Department of Justice is investigating how several FinTechs, such as Kabbage, distributed PPP loans. Plus, ...
- March 25, 2021
China’s central bank said that its planned digital yuan will not displace the payment services of the country’s big FinTech companies, including Ant Group’s Alipay and Tencent Holdings’ WeChat Pay.
Mu ...
- March 25, 2021
Several Chinese bankers have agreed to let Alipay, Ant Group’s finance arm and the biggest payments processor in China, take a larger percentage of fees as the FinTech works to ...
- January 6, 2021
In today’s top news, Albertsons is laying off some of its unionized drivers as it teams with DoorDash, and FinTech Divvy raised $165 million. Plus, in a new SEC filing, ...
- January 6, 2021
Call it the latest salvo amid tensions between China and the United States that may heat up.
With the consumer in focus.
To that end, outgoing President Donald J. Trump signed an ...
- January 5, 2021
President Donald Trump has banned transactions with eight Chinese software applications, including Ant Group‘s Alipay, which will escalate tensions with Beijing as he prepares to leave office later this month, ...
- December 29, 2020
Jack Ma’s Ant Group is considering moving all of its financial services units to a separate holding company that would be regulated like a bank, Reuters reported on Tuesday (Dec. 29), ...
- November 17, 2020
Shopify has expanded its payment options for merchants with a new partnership with Alipay, China’s payments app.
The deal will unlock “the power of cross-border commerce for Shopify’s merchants,” Shopify said ...
- October 13, 2020
Ant Group, a China-based payments platform, is facing regulatory delays in its highly-anticipated initial public offering (IPO) amid growing unease over its handling of its share sale, the Financial Times ...
- August 25, 2020
Ant Group has filed for an initial public offering (IPO) of stock that could be the largest in history.
The company’s filing with the Hong Kong Stock Exchange said its shares ...
- July 31, 2020
In today’s top news, Affirm is eyeing an IPO that could reach $10 billion, and Alipay and WeChat face an antitrust probe by China’s antitrust regulator. Plus, PayPal talks QR ...
- July 31, 2020
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.
The People’s Bank of China, the ...
- July 20, 2020
Ant Group, the online payments division arm of Alibaba Group Holding Ltd., China’s eCommerce superstore, plans to file an initial public offering (IPO) on Shanghai’s Nasdaq-style STAR Market and the Hong ...
